SECURITIES / DERIVATIVES

Market Infrastructure

HKEX Chief Outlines Ongoing Market Development Initiatives

By Manesh Samtani | 12/11/2020

HKEX Chief Charles Li hinted at the possibility that Stock Connect could be extended to the primary market, and expanded to include derivatives.

Securities / Derivatives

Malaysia SC Proposes Changes Guidelines on Unit Trust Funds

By Shruti Khairnar | 12/11/2020

The SC is consulting on changes as part of ongoing efforts to strengthen market competitiveness and develop the Malaysian funds industry.

ESG / Sustainability

Taskforce Issues Plan for Scalable Carbon Credit Market

By ESG Investor | 11/11/2020

The voluntary carbon market will need to increase in size by 15 times by 2030 to achieve climate change targets, according to an IIF sponsored taskforce.

Enforcement

Korea FSS Estimates Optimus Fund Losses Could Reach $300m

By Editors | 11/11/2020

The FSS has estimated that 160bn won of investor funds has vanished and only up to 15% of the remaining 350bn won could be recoverable.

Market Infrastructure

NZX Confirms 10 December Go-Live Date for NZ RegCo Model

By Editors | 11/11/2020

The model will structurally separate NZX’s commercial and regulatory interests, similar to the approach adopted in Singapore, Japan and Brazil.

Securities / Derivatives

China Launches First New Domestic Securities Firm in Ten Years

By Editors | 11/11/2020

The company was set up to take over the securities-related assets of CEFC Shanghai Securities, whose licenses were revoked last year.

Market Infrastructure

The AIFMD Review: Potential Impacts for Asia Pacific

By Arthur Carabia | 10/11/2020

While some of the proposals could be harmful to market participants, the review presents an opportunity to clarify certain elements of AIFMD, says ICMA’s Arthur Carabia.

Securities / Derivatives

Thailand Makes Stock Trading Fees Tax-deductible Until Year-End

By Editors | 10/11/2020

The SEC has notified investors that they can use securities and futures trading fees for tax deductions under a new government scheme.

Enforcement

SFC Fines Credit Suisse Securities Over Market Making Errors

By Editors | 09/11/2020

Credit Suisse Securities submitted 17,000 erroneous market making quotes to the market in 8 minutes due to a logic error in its symbol mapping programme.