SECURITIES / DERIVATIVES

ESG / Sustainability

SGX to Migrate MSCI Taiwan Contracts to FTSE Early

By Manesh Samtani | 07/10/2020

The move is reportedly aimed at avoiding potential operational issues as market uncertainty persists into the end of the year.

Enforcement

Korea FSS to Penalise Brokerage CEOs Over Lime Asset Mis-selling

By Editors | 07/10/2020

The proposed sanctions may include a ban on former and current CEOs of three brokerage firms from working in the financial industry for up to five years.

Fintech / Regtech

BOT Issues $1.6bn in Government Savings Bonds on Blockchain

By Editors | 07/10/2020

Leveraging IBM blockchain technology, Bank of Thailand’s platform reduces a process that previously took 15 days to two days.

Fintech / Regtech

ISDA, Digital Asset Launch CDM Clearing Pilot Using DAML

By Editors | 06/10/2020

Deploying the Common Domain Model for clearing using DAML will increase standardisation and operational efficiency across the entire clearing lifecycle.

Securities / Derivatives

Taiwan FSC Selects Nine Foreign Fund Managers to Receive Incentives

By Editors | 06/10/2020

AllianceBernstein, Allianz, Schroders, Invesco, JP Morgan, Fidelity, Nomura, NN Investment Partners and Franklin Templeton were selected.

Securities / Derivatives

HKFE Obtains CFTC Certification for More MSCI Contracts

By Editors | 06/10/2020

Two broad-based Taiwan equity index contracts have received CFTC certification, allowing them to be offered and sold to persons in the US.

Enforcement

CFTC Fines Morgan Stanley Over Inaccurate Swaps Reporting

By Editors | 06/10/2020

Morgan Stanley’s cooperation with the CFTC investigation was rewarded with a reduced civil monetary penalty of $5mn.

Market Infrastructure

JPX Forms Committee to Investigate TSE System Failure

By Editors | 06/10/2020

The TSE said a failure occurred in a memory module of an Arrowhead shared disk device, where operations did not switch over to a secondary device due to a device setting.

Securities / Derivatives

HKEX Set to Adopt Enhancements to Pre-opening Session

By Editors | 06/10/2020

The POS enhancements, finalised in December, involve the adoption of features from the closing auction session, with the aim of improving price discovery and trading liquidity.