SECURITIES / DERIVATIVES

Securities / Derivatives

AMAC Issues Draft Guidelines for Funds on Valuing Financial Instruments

By Editors | 15/11/2020

Publicly-offered securities investment funds will have to calculate impairment of financial instruments based on expected credit losses.

Securities / Derivatives

SEC Thailand to Cut Redundant Regulations, Red Tape by 2022

By Editors | 15/11/2020

The ‘regulatory guillotine’ project will reduce documentary requirements by almost 2 million sheets per year and processing time by about 102,000 hours per year.

ESG / Sustainability

SEBI to Expand Risk Management Committee’s Role at Listed Entities

By Editors | 15/11/2020

The requirement to constitute a risk management committee will be expanded to more companies and its role expanded to include ESG risks.

Enforcement

CSRC Pledges to Improve Listed Company Governance, Supervision

By Sanday Chongo Kabange | 15/11/2020

A targeted campaign will be launched to improve supervisory oversight in the capital market and enhance corporate governance in listed companies.

AML / KYC

US Investors Barred from Buying Stocks Linked to Chinese Military

By Manesh Samtani | 15/11/2020

Index providers will likely be forced to remove companies like China Mobile and China Telecom from key benchmarks by 11 January.

Securities / Derivatives

ABS Releases Enhanced Listings Due Diligence Guidelines

By Editors | 13/11/2020

The new guidelines emphasise the need for issue managers and full sponsors to “exhibit a healthy dose of professional scepticism” when conducting listings due diligence.

Enforcement

Korea FSS Seeks to Suspend Former Brokerage CEOs Over Lime Mis-selling

By Editors | 13/11/2020

The FSS has decided to order the suspension of the former CEOs of Shinhan Investment, Daishin Securities and KB Securities over the mis-selling of Lime Asset Management funds.

Securities / Derivatives

SC Malaysia Launches New Framework for Islamic Funds

By Shruti Khairnar | 13/11/2020

The framework looks to boost Islamic finance with a wide offering of products that are linked to socially impactful activities through waqf features.

ESG / Sustainability

UK TCFD Taskforce Unveils Plan for Mandatory Climate Disclosures

By ESG Investor | 12/11/2020

The roadmap outlines a five-year timetable for a range of UK financial institutions to comply with mandatory disclosure requirements.