Securities / Derivatives

Securities / Derivatives

CSRC Green-lights Launch of Crude Oil, Palm Oil Options

By Editors | 30/05/2021

Crude oil options will launch on 21 June. Palm oil options will launch on 18 June. Both products will be open to foreign investors.

Securities / Derivatives

CBIRC Finalises Rules on the Sale of Wealth Management Products

By Manesh Samtani | 30/05/2021

The rules take effect from 27 June, with a new six-month transition period before full compliance is required.

ESG / Sustainability

PASLA, RMA Issue New Guidance on ESG-based Securities Lending

By ESG Investor | 30/05/2021

The guidance offers best practice to help institutional investors ensure compatibility of their ESG principles with securities lending activities.

Enforcement

Philippine Court Jails Broker for Illegal Trading in 1999

By Editors | 30/05/2021

The court’s decision represents the first conviction won by the SEC after two decades of pursuing stockbrokers and investors linked to the case.

Enforcement

FSC Korea Provides No-Action Relief on Consumer Protection Law

By Editors | 29/05/2021

Action will not be taken against violations of regulations introduced or strengthened by the new Financial Consumer Protection Act until 24 September.

Securities / Derivatives

CBIRC Directs Banks to Stop Selling Commodities Futures – Report

By Sanday Chongo Kabange | 28/05/2021

The CBIRC has asked banks to completely unwind their books for commodities-linked products and stop selling them to individual investors.

Market Infrastructure

FIA Seeks Additional Clarity on China’s “Historic” Futures Law

By Manesh Samtani | 27/05/2021

FIA is requesting additional clarity on settlement finality and proposing that the protections in the new futures law be further expanded.

Enforcement

SFC Fines Ewarton Securities Over Staff Trading Controls

By Manesh Samtani | 27/05/2021

A lack of internal controls resulted in Ewarton’s failure to detect and prevent unauthorised or improper activities by a licensed representative.

Securities / Derivatives

Thailand SEC Approves New Criteria for SME Fundraising

By Sanday Chongo Kabange | 27/05/2021

The new fundraising criteria for SMEs and startups proposed by the stock exchange are expected to become effective this year.