Securities / Derivatives

AML / KYC

FTSE Russell, MSCI Consult on Impact of China Sanctions

By Manesh Samtani | 26/11/2020

FTSE Russell is seeking views on the impact of the sanctions on its indexes. MSCI is asking about the impacts on investment processes.

Securities / Derivatives

HKEX Outlines Derivatives Market Enhancements for 2021

By Editors | 26/11/2020

Market participants who plan to trade or clear selected derivatives contracts during Hong Kong public holidays will be asked to demonstrate technical readiness.

Capital / Liquidity

CBIRC Finalises Enhanced Rules for Trust Companies

By Editors | 26/11/2020

The new rules will take effect on 1 January, strengthening requirements for shareholders, managers and independent directors of trust companies.

Enforcement

SFC Bans Ex Sun Hung Kai Account Exec Over Discretionary Trading

By Editors | 26/11/2020

The former licensed representative effected transactions in two clients’ accounts on a discretionary basis without obtaining prior written authorisations or senior management approval.

Market Infrastructure

BOT Relaxes Investment Restrictions to Hold Down Baht

By Editors | 26/11/2020

The changes will make it easier for residents to invest overseas and hold foreign currency at local banks. ETFs tracking foreign securities will be allowed to list in Thailand.

Market Infrastructure

NZX Formalises Role of Technology Committee in Enhancing Governance

By Editors | 26/11/2020

The specialist committee was established in April as an interim measure in response to technical issues stemming from record trading volumes.

Market Infrastructure

Stock Connect Set to Include Pre-profit Biotechs, STAR Market Stocks

By Manesh Samtani | 26/11/2020

In a policy address, Hong Kong chief executive Carrie Lam discussed measures to expand Stock Connect and enhance the city’s integration into the Greater Bay Area.

Enforcement

SFC Bans Ex-StanChart Banker For Concealing Personal Trades

By Editors | 25/11/2020

The SFC’s decision followed a referral from the HKMA, which discovered that the former banker also wilfully misrepresented himself to the Appeals Tribunal.

Securities / Derivatives

IOSCO Outlines Priority Areas of Work for Year Ahead

By Editors | 25/11/2020

At its 45th Annual Meeting, the IOSCO Board approved two additional priority themes for 2021 as well as further work to promote consistent sustainable finance disclosures.