Securities / Derivatives

    Enforcement

    Global Regulators Heighten Scrutiny Over ESG Mislabelling – Reports

    By Sanday Chongo Kabange | 09/09/2021

    Increased scrutiny from US, EU and UK regulators have forced asset managers to review current practices for classifying funds as ESG-focused.

    Market Infrastructure

    Sri Lanka Passes New SEC Act to Bolster Capital Market

    By Duruthu E Chandrasekera | 09/09/2021

    SEC chairman Viraj Dayaratna described the new law as “futuristic”, saying it will help to increase market liquidity and attract foreign investment.

    Enforcement

    Korea FSS to Impose Penalties on 9 Market Makers

    By Editors | 08/09/2021

    Three foreign firms and six local firms are accused of disturbing market order through their negative influence on stock prices.

    Securities / Derivatives

    China: AMAC Approved Launch of First Pictet QDLP Fund

    By Editors | 08/09/2021

    The new fund will enable domestic investors in China to invest offshore in financially stressed and distressed companies, predominantly in Europe.

    Market Infrastructure

    SEBI to Introduce Optional T+1 Settlement Cycle from January

    By Editors | 08/09/2021

    Stock exchanges may choose to offer T+1 settlement on any scrip, after providing the market advance notice of at least one month.

    ESG / Sustainability

    Hong Kong Explores Role in Unified GBA Carbon Market

    By Sanday Chongo Kabange | 08/09/2021

    Hong Kong is exploring opportunities to establish a unified carbon market in the Greater Bay Area, leveraging the Guangdong ETS and Shenzhen ETS.

    Enforcement

    CSRC to Bolster Supervision of Securities, Fund Practitioners

    By Sanday Chongo Kabange | 08/09/2021

    The CSRC will organise on-site inspections to ensure securities and fund practitioners adhere to professional ethics obligations and improve governance.

    Fintech / Regtech

    IOSCO Publishes Final Guidance on Supervising AI/Machine Learning

    By Editors | 08/09/2021

    IOSCO members are encouraged to consider six measures carefully in the context of their legal and regulatory frameworks.

    Securities / Derivatives

    HKEX to Roll-out New Workflow for Derivatives Position Adjustments

    By Editors | 07/09/2021

    The enhancement will allow clearing participants to submit position adjustments requests directly at DCASS Online, replacing the existing paper-based workflow.

    Enforcement

    BaFin Joins US SEC, DOJ in Probing Collapsed Allianz Funds

    By Ranamita Chakraborty | 07/09/2021

    Allianz is facing probes from BaFin, SEC and DOJ, as well as 25 investor lawsuits, over last year’s collapse of its Structured Alpha Funds.

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