Securities / Derivatives

Securities / Derivatives

New Zealand FMA Consults on Wholesale Investors Exclusion

By Editors | 17/01/2021

The notice under review exempted offerors of certain financial products from having to provide normal disclosures to investors whose minimum investment is NZ$750,000 or more.

Crypto / Digital Assets

SET Announces Three Year Plan to Bolster Capital Market

By Editors | 17/01/2021

The SET will increase fundraising opportunities for local and foreign firms, promote ESG reporting, and add more products with international exposure.

AML / KYC

SEBI Proposes New Process for KYC in Securities Market

By Editors | 17/01/2021

Under the proposal, KYC Registration Agencies, stock exchanges and depositories would be responsible for client KYC processes.

Securities / Derivatives

FSC Korea Prepares to Lift Ban on Illegal Short Selling

By Sanday Chongo Kabange | 16/01/2021

The FSC has revised the FSCMA enforcement decree as part of efforts to strengthen penalties for illegal short selling, as it prepares to lift a ban on short selling in March.

Market Infrastructure

Hong Kong Lawmaker Asks HKEX to Lower Market Data Fees

By Manesh Samtani | 16/01/2021

HKEX’s monthly fees for retail investors are higher than other stock exchanges, which may have implications for stockbrokers that serve retail investors, says a new report.

ESG / Sustainability

Korea to Require ESG Disclosures from Listed Companies

By Editors | 15/01/2021

Large companies will have to disclose ESG information from 2025. This will expand to all KOSPI-listed companies from 2030.

ESG / Sustainability

JPX Issues New ESG Handbook to Listed Companies

By Editors | 14/01/2021

The handbook explains how to identify ESG issues that are relevant, how to connect the issues to a business strategy and how to best disclose achievements.

Enforcement

NAFMII Identifies Regulatory Breaches at Haitong Securities

By Editors | 14/01/2021

The breaches have been reported to the PBOC and CSRC, which are likely to issue penalties to Haitong Securities and its subsidiaries.

Securities / Derivatives

BSEC to Form Market Stabilisation Fund with Unclaimed Dividends

By Editors | 14/01/2021

Listed companies in Bangladesh have unclaimed cash and stock dividends worth about $2.5bn, which will be used to support the capital market.