Securities / Derivatives

Enforcement

Taiwan FSC Fines Fund Managers for Stock Manipulation

By Ranamita Chakraborty | 25/04/2021

The three fund managers bought shares in Far Eastern Department Store at the request of a former official who has since been charged with corruption.

Securities / Derivatives

Chinese Exchanges Receive First Infrastructure REITs Applications

By Editors | 25/04/2021

The applications are from infrastructure REITs managed by Zheshang Securities, Sinolink Securities, AVIC Securities and Bosera Asset Management.

Big Picture

ICMA Explores Role of Repo Market in Sustainable Finance

By Editors | 25/04/2021

A new ICMA paper looks at the intersections between the repo and collateral market and sustainable finance.

Securities / Derivatives

ASX to Introduce Default Management Auctions for ETD in Q3

By Editors | 25/04/2021

ASX consulted last year on the introduction of an auctions framework for exchange-traded derivatives in the event of a futures clearing participant’s default.

Enforcement

FINMA Opens Probe Into Credit Suisse Archegos Losses

By Sanday Chongo Kabange | 24/04/2021

The Swiss regulator said it will appoint a third-party agent to investigate “possible shortcomings in risk management” at Credit Suisse.

Securities / Derivatives

FMA Warns Fund Managers Not to Mislead Investors

By Sanday Chongo Kabange | 22/04/2021

The FMA has directed fund managers not to advertise performance which only includes the recovery after March 2020.

Market Infrastructure

DTCC Study Highlights Need to Enhance Post-trade Processes

By Editors | 22/04/2021

The sell-side is seeking enhancements to reconciliations and confirmations capabilities. The buy-side is focusing on fails and collateral management.

Capital / Liquidity

Close-out Netting Can Be Guaranteed in Resolution: CBIRC

By Sanday Chongo Kabange | 22/04/2021

Recent bankruptcies by FIs have “fully proved” that close-out netting can be guaranteed in the resolution stage, a CBIRC official said at ASIFMA’s China Capital Markets Week.

Securities / Derivatives

SGX Launches New FFA, Futures For Managing Freight Risk

By Editors | 21/04/2021

The new contracts offer participants more precise hedging tools as a recovery drives demand for iron ore and minor bulks, SGX said.