Securities / Derivatives

Market Infrastructure

HKMA, BOJ Launch Cross-border DvP Link for JGBs

By Editors | 02/04/2021

The link supports DvP settlement of the HKD sale and repo transactions using JGB as collateral, eliminating settlement risk on such transactions.

Securities / Derivatives

SGX Opens Consultation on SPACs Listing Framework

By Manesh Samtani | 02/04/2021

At least 90 percent of IPO proceeds will have to be placed in escrow pending a SPAC’s acquisition of a target company.

Securities / Derivatives

ASX Finalises, Defers Listing Rule Changes to June

By Editors | 01/04/2021

The listing rule changes deal with online forms, notification of security issues and corporate action timetables.

Enforcement

Malaysia Regulators Investigate Investment Scam Syndicate

By Editors | 01/04/2021

The SC has seized records and devices used by the syndicate as well as taken down servers and blocked websites used perpetrate the scams.

Enforcement

SFC Fines Black Marble Securities for Internal Control Failings

By Editors | 01/04/2021

The disciplinary action followed a client complaint about unauthorised trading activities in his account from August 2016 to July 2017.

Enforcement

ASIC Reassesses Tools for Enforcing Disclosure Rules

By Ranamita Chakraborty | 30/03/2021

ASIC is assessing how changes to continuous disclosure laws will affect the practicality of issuing infringement notices.

Securities / Derivatives

China Proposes Tighter Rules for Credit Rating Agencies

By Sanday Chongo Kabange | 30/03/2021

The proposed rules seek to strengthen supervision of credit rating agencies, improve their independence and quality controls, and ensure more realistic ratings.

Securities / Derivatives

Hedge Fund Collapse Sparks Billions in Losses for Banks

By Manesh Samtani | 30/03/2021

The SEC, FSA, and FINMA are monitoring the situation, after the collapse of Archegos Capital Management left Nomura and Credit Suisse with billions in losses.

Securities / Derivatives

HK to Consult on SPAC Listing Framework in June – Report

By Editors | 29/03/2021

The rules are expected to include conditions for sponsors or SPACs. Acquisition targets will have to meet the existing standards for IPOs.