Securities / Derivatives

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.

Securities / Derivatives

China: SAFE Approves $5b in QDLP Quotas for Hainan

By Sanday Chongo Kabange | 14/04/2021

The QDLP pilot programme will enable foreign fund managers to raise money in Hainan for investments overseas.

Big Picture

The ESG Interview: Making Climate Data Comparable

By ESG Investor | 14/04/2021

IOSCO Chair Ashley Alder believes we’re in sight of “a real step change” in sustainability reporting, writes Chris Hall at ESG Investor.

AML / KYC

Thailand to Require UBO Transparency in Bond Markets

By Editors | 14/04/2021

Non-residents who invest in debt securities in Thailand are required to open Segregated Securities Accounts with custodians at the UBO level.

Securities / Derivatives

FSB Issues Guidance on Implementing SFT Data Standards

By Editors | 13/04/2021

The FSB has published FAQs to help national authorities implement the SFT Data Standards to facilitate global collection and aggregation of SFT data.