SECURITIES / DERIVATIVES

Securities / Derivatives

China’s DCE to Start Trading Hog Futures in January

By Editors | 15/12/2020

The CSRC has announced a launch date of 8 January 2021 for live hog futures to start trading on the Dalian Commodity Exchange.

Enforcement

ASIC Sues Three Firms For Illicitly Offering FX Margin Trading

By Sanday Chongo Kabange | 15/12/2020

ASIC alleges Union Standard provided trading in margin FX products to clients in China in circumstances where it was illegal for Chinese residents to deal or trade in those products.

Press Release

Regulation Asia Awards for Excellence 2020 – Results Announcement

By Editors | 15/12/2020

Regulation Asia held its third annual Awards ceremony on 15 December 2020 to recognise those in the industry that have helped address changing regulatory requirements in Asia Pacific over the past year.

Securities / Derivatives

Hong Kong Audit Regulator Gains Access to Chinese Audit Papers

By Editors | 15/12/2020

“This is a landmark moment for cross-border cooperation in the investigation of auditing irregularities,” said Financial Reporting Council chairman Kelvin Wong.

Securities / Derivatives

Bursa Malaysia, Shenzhen Bourse Cross-Promote Indices

By Editors | 14/12/2020

Bursa and the SZSE will each display three key indices from each other’s market, as part of efforts to increase visibility and create opportunities for cross-border investment.

Securities / Derivatives

South Korea to Punish Illegal Short Sellers with Jail Time

By Editors | 13/12/2020

Under a revision bill that could take effect by Q2, naked short sellers will face up to a year in jail or up to five times profits on a trade.

ESG / Sustainability

SGX to Promote China Bond Markets, MAS Registers Shanghai Office

By Editors | 13/12/2020

A series of MOUs to deepen collaboration in financial services and innovation were announced at the 2nd Singapore-Shanghai Comprehensive Cooperation Council meeting on Friday.

Securities / Derivatives

NZ RegCo Launches as NZX’s Listed Markets Regulator

By Editors | 13/12/2020

The now stand-alone, independently-governed agency will perform all of NZX’s frontline regulatory functions, with its Board providing support.

Securities / Derivatives

SFC to Raise Competency Bar for Licensees, With Some Flexibilities

By Editors | 13/12/2020

Among the changes, the SFC proposes tougher requirements for advisers on Takeovers Code transactions, to address concerns about the poor quality of work in this area.