SECURITIES / DERIVATIVES

Securities / Derivatives

S&P DJI Announces Removal of Chinese Companies from Indices

By Editors | 13/12/2020

The move follows last month’s executive order prohibiting US persons from purchasing securities of companies identified as being owned or controlled by China’s military.

Market Infrastructure

Data Storage Rules: A Christmas Present From the SFC

By Derek McGibney | 11/12/2020

While the SFC’s new FAQs on the use of cloud storage make compliance more manageable, licensed corporations still need to weigh their options, says Derek McGibney at Cognitive GRC.

ESG / Sustainability

China to Ease Foreign Access to Domestic Green Finance Market

By Manesh Samtani | 11/12/2020

PBOC governor Yi Gang also said China will work to enhance its green finance standards, and explore the introduction of mandatory reporting of environmental risks by FIs.

Crypto / Digital Assets

MAS Grants DBS In-principle Approval to Set Up Digital Exchange

By Manesh Samtani | 10/12/2020

The DBS announcement came two days after SIX and SBI Digital Asset Holdings announced plans to launch a digital asset issuance platform, exchange and CSD venue by 2022.

Fintech / Regtech

Philippines: UnionBank, StanChart Complete Bond Tokenisation POC

By Editors | 10/12/2020

A dual tranche issuance totalling PHP 9 billion was mirrored on a bond tokenisation platform co-created by UnionBank and SC Ventures.

Securities / Derivatives

ICMA Announces Launch of Climate Transition Finance Handbook

By Editors | 10/12/2020

The handbook provides clear guidelines on the disclosures on their climate change strategy issuers should make when raising funds in debt capital markets.

Market Infrastructure

SFC Provides Alternative for Compliance With Data Storage Rules

By Manesh Samtani | 10/12/2020

The SFC will accept an undertaking from core function MICs as an alternative means of satisfying the requirement for a countersigned notice or undertaking from an EDSP.

Market Infrastructure

PBOC, HKMA Explore Southbound Leg for Bond Connect

By Editors | 09/12/2020

The PBOC and HKMA will form a working group to study the framework for a southbound leg of Bond Connect. No timelines have been set.

ESG / Sustainability

Asset Managers, Insurers Must Embed Environmental Risk: MAS

By ESG Investor | 09/12/2020

Guidelines due to take effect in 18 months call for increased engagement with stakeholders, stress testing and risk disclosures.