Securities / Derivatives

Securities / Derivatives

Korea Set to Expand Securities Lending to Retail Investors

By Manesh Samtani | 20/04/2021

Seventeen securities firms will begin to provide stock lending services worth an estimated KRW 2.4 trillion to retail investors from 3 May.

Securities / Derivatives

CBIRC Calms Market Fears Over Huarong Restructuring

By Editors | 19/04/2021

The CBIRC says Huarong is actively cooperating with its auditor and will complete its annual report as soon as possible.

ESG / Sustainability

HK Bourse Proposes New Governance, ESG Reporting Standards

By Editors | 19/04/2021

The proposals enhance corporate governance standards in the areas of corporate culture, director independence, diversity, and ESG disclosures and standards.

Securities / Derivatives

China-Japan ETF Connect Sees Launch of New Funds

By Ranamita Chakraborty | 19/04/2021

Daiwa Asset Management has listed two ETFs on the TSE while ICBC Credit Suisse Asset Management has listed one ETF on the SZSE.

Securities / Derivatives

HKMA, SFC Consult on Annual Update to FSP List

By Editors | 15/04/2021

A unit of Toronto-Dominion Bank is proposed to be included on the FSP list. An entity that has merged with Deutsche Bank will be removed.

Enforcement

SFC Fines Optimas Capital Over Short Position Reporting Errors

By Editors | 15/04/2021

The errors occurred as a result of a programming mistake in a script created to automate the process of identifying reportable short positions.

ESG / Sustainability

US SEC Warns of Misleading Statement Regarding ESG Investing

By Sanday Chongo Kabange | 14/04/2021

Many financial firms may be offering ESG products only because it is lucrative to do so, says SEC commissioner Hester Peirce.

Enforcement

BaFin Faces Criminal Probe Over Wirecard Response

By Sanday Chongo Kabange | 14/04/2021

BaFin has been under fire since mid-last year for failing to properly respond to multiple red flags signalling an accounting fraud at Wirecard.

Securities / Derivatives

US SEC Identifies Accounting Issues with SPAC Listings

By Sanday Chongo Kabange | 14/04/2021

Some warrants issued to early SPAC investors may have been recorded as equity instruments when they should have instead been recorded as liabilities.