SECURITIES / DERIVATIVES

Enforcement

China Vows ‘Zero Tolerance’ for Bond Issuer Misconduct

By Editors | 24/11/2020

The FSDC will strictly investigate any bond issuer suspected of fraudulent issuance, false disclosure, malicious transfers of assets, or misappropriation of funds.

Securities / Derivatives

ASIC Launches Probe into ASX Over Equity Market Outage

By Manesh Samtani | 23/11/2020

ASIC had earlier said it would determine whether ASX followed the relevant regulatory requirements and met its licence obligations.

Securities / Derivatives

Shanghai INE Launches Bonded Copper Futures Contract

By Editors | 23/11/2020

The new bonded copper contract is the sixth commodities contract traded in China that is open to foreign investors. The launch was approved by the CSRC last month.

Securities / Derivatives

CSRC Seeks ‘Meaningful Dialogue’ with PCAOB on Audit Issues

By Editors | 23/11/2020

“We believe that with openness and professionalism, the two sides will certainly reach a consensus on a joint inspection scheme,” the CSRC said.

Securities / Derivatives

Thailand SEC to Remove Hardcopy Document Requirement for Takeovers

By Sanday Chongo Kabange | 23/11/2020

Under the SEC’s proposal, investors who make a tender offer for all the securities of a business will no longer have to submit hardcopy documents in the tendering process.

ESG / Sustainability

Luxembourg, India Sign Three Market Cooperation Agreements

By Editors | 23/11/2020

An MOU between LuxSE and India INX will enable Indian issuers to dual-list green bonds in Luxembourg, thereby increasing their visibility and secondary market trading.

Fintech / Regtech

Singapore’s iSTOX Signs Digital Securities MOU with Chongqing Regulator

By Sanday Chongo Kabange | 23/11/2020

The Chongqing Local Financial Supervision and Administration Bureau has pledged to support the establishment of an iSTOX digital securities exchange in Chongqing.

ESG / Sustainability

FSB Warns of Sharp Falls in Asset Prices from Climate Risk

By ESG Investor | 23/11/2020

Physical and transition risks could combine to increase destabilisation, the FSB says in a new report, citing “numerous sources of uncertainty”.

Securities / Derivatives

SEBI Directs Directs NSE to Triple Investor Protection Fund

By Editors | 23/11/2020

SEBI says it will review the adequacy of NSE’s investor protection fund on a half-yearly basis and that incremental contributions will be made “if required”.