Securities / Derivatives

Securities / Derivatives

US Securities Regulator Opens Inquiry into SPAC Listings

By Sanday Chongo Kabange | 29/03/2021

The SEC has reportedly written to banks seeking information on how underwriters are managing the risks involved.

Market Infrastructure

Cboe Global Markets to Acquire Chi-X Asia Pacific

By Sanday Chongo Kabange | 28/03/2021

The acquisition will provide Cboe with a single point of entry into Australia and Japan and bring block trading capabilities to the APAC region.

Market Infrastructure

BOT Issues First Floating Rate Bonds Based on THOR

By Editors | 25/03/2021

Investor interest was stronger than expected, with subscriptions amounting to more than four times the proposed issue size.

Securities / Derivatives

APRA Completes Superannuation Data Transformation Phase One

By Editors | 25/03/2021

Most of the new data will be submitted from September 2021, however trustees will be allowed to defer submission of some less critical data for one year.

Securities / Derivatives

IOSCO Highlights Need for Reliable Going Concern Disclosures

By Ranamita Chakraborty | 25/03/2021

Securities regulators will continue to enforce requirements to recognise, measure and disclose uncertainties about an entity’s ability to continue as a going concern.

ESG / Sustainability

ICMA Calls for ESG Metrics, Standards for Securitised Assets

By Editors | 25/03/2021

Unless ABS investors have better access to standardised and relevant data, they will be unable to appraise ESG risks and satisfy sustainability objectives.

Securities / Derivatives

CSRC Issues Revised Disclosure Rules for Listed Companies

By Editors | 25/03/2021

The new rules introduce additional safeguards against insider trading and improve the timing of disclosure of major events.

Securities / Derivatives

HK OTC Derivatives Licensing Regime Closer to Implementation

By Scott Carnachan | 25/03/2021

Amendments to Hong Kong’s OTC derivatives licensing regime have been introduced in LegCo. Scott Carnachan at Deacons discusses the changes.

Enforcement

CSRC Bans Haitong Securities from Advisory Work for One Year

By Editors | 25/03/2021

The CSRC said Haitong did not effectively control risk in its bond business dealings, which resulted in Yongcheng Coal’s CNY 1 billion default.