Securities / Derivatives

Enforcement

SFC Set to Deploy Data Analytics in Broker Inspections

By Manesh Samtani | 29/04/2021

High volume brokers were asked in 2019 to adopt new data standards to enable more timely data submissions to regulators when requested.

Securities / Derivatives

ICBC Extends Loan to Huarong to Pay Offshore Bond

By Manesh Samtani | 29/04/2021

The CBIRC had asked banks not to withhold loans from Huarong for at least six months, to help the company refinance its debt.

ESG / Sustainability

Malaysia SC Publishes Updated Corporate Governance Code

By Editors | 29/04/2021

The update focuses on selection and nomination processes for directors, including to address issues with board diversity and sustainability.

Securities / Derivatives

Bank Losses from Archegos Collapse to Exceed $10bn

By Sanday Chongo Kabange | 29/04/2021

New disclosures from UBS and Nomura have raised estimates of the total losses to banks to over $10.5bn.

Crypto / Digital Assets

CBIRC Warns of Crackdown on Illegal Fundraising Activities

By Editors | 29/04/2021

New regulations on the prevention and handling of illegal fundraising activities come into effect from 1 May.

Securities / Derivatives

MAS Forms Industry Group to Develop Asset Management Sector

By Editors | 28/04/2021

The Singapore Funds Industry Group will bring together key players to formulate strategies to develop the asset management ecosystem.

Securities / Derivatives

China Lawmakers Commence Review of New Futures Law

By Manesh Samtani | 28/04/2021

The law will stipulate rules for futures trading, settlement and delivery systems, establish investor protection mechanisms, and include netting provisions.

ESG / Sustainability

IMAS Launches ESG E-Learning Module for Asset Managers

By Editors | 27/04/2021

The module covers the EnRM Guidelines issued by MAS in December, supplemented with case studies to facilitate application by the industry.

Securities / Derivatives

Ant Group Money Market Fund Shrinks to Four-Year Low

By Ranamita Chakraborty | 27/04/2021

In response to regulatory pressure, Ant Group has been urging investors through in-app notifications to switch to other funds.