Securities / Derivatives

Securities / Derivatives

CSRC Considers Barring Data-Heavy Firms from Listing Overseas

By Sanday Chongo Kabange | 30/08/2021

The CSRC is drafting rules that would prohibit Internet firms holding large amounts of user-related data from listing overseas, targeting firms with VIE structures.

Enforcement

US SEC, BaFin Probe DWS Over ESG Investment – Reports

By Editors | 30/08/2021

The former global head of sustainability at DWS alleges that the firm overstated how many assets had been screened against ESG criteria.

Securities / Derivatives

China: Banks Asked to Comply with New WMP Rules Faster

By Editors | 30/08/2021

Banks are asked to start valuing newly invested fixed-term open-ended WMP assets based on market value starting from 1 September.

Enforcement

HK Police Arrest Two in Corporate Fraud Case

By Editors | 30/08/2021

The arrests were made following a joint operation with the SFC against a listed company and its former senior executives suspected of corporate fraud involving HK$450mn.

Market Infrastructure

ASIFMA Warns SEBI Against Move to T+1 Settlement

By Ranamita Chakraborty | 30/08/2021

SEBI has established a panel of experts to look into moving from T+2 to T+1. ASIFMA says such a move will prove problematic for global investors.

Market Infrastructure

Shanghai to Get Upgrade as International Financial Centre

By Editors | 29/08/2021

Under a new policy plan, Shanghai will develop its asset management and fintech ecosystems, and enhance its role as a green finance and cross-border RMB hub.

Market Infrastructure

Korean Fund Managers Allowed to Cross-List Chinese ETFs

By Sanday Chongo Kabange | 26/08/2021

The FSC has enacted rule changes that allow domestic asset management firms to cross-list Chinese ETFs in Korea starting Friday (27 August).

Securities / Derivatives

Malaysia Further Extends Restrictions on Intraday Short Selling

By Editors | 26/08/2021

Bursa Malaysia plans to introduce the “at-tick rule”, under which intraday short sale orders can only be placed at the best selling price or higher.

Securities / Derivatives

China Considers Data Controls for Firms Seeking Overseas IPOs

By Editors | 26/08/2021

The plan would require companies seeking overseas listings to hand over management and supervision of their data to third-parties.