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Enforcement
Taiwan FSC Penalises Brokers for Lax Security Controls
By Editors | 04/03/2021
Cathay Securities, Concord Securities and SinoPac Securities were fined the most and barred from certain business and capital raising activities for three months.
Market Infrastructure
NSE, INX, MCX to Jointly Set Up New GIFT City Bullion Exchange
By Editors | 04/03/2021
NSE, India INX, MCX, NSDL and CDSL have agreed to set up a bullion exchange, clearing corporation and depository at GIFT City.
Securities / Derivatives
Chinese SOEs to Issue Carbon Neutrality Bonds on Shanghai Bourse
By Editors | 04/03/2021
China Energy Investment Corp, State Power Investment Corp, China Huaneng Group Co and China National Nuclear Corp will issue carbon neutrality bonds on the SSE.
ESG / Sustainability
EU: Delay to Finalised RTS Generates SFDR Uncertainty
By ESG Investor | 04/03/2021
Asset managers had hoped that finalised regulatory technical standards for Level 2 SFDR reporting would be available to assist preparations for Level 1 compliance.
ESG / Sustainability
Japan FSA To Review ESG Fund Labelling Rules
By Sanday Chongo Kabange | 04/03/2021
Discussions with asset managers and fund distributors may start by June to assess whether rules for mutual fund labels can guard against greenwashing.
Securities / Derivatives
BSEC Prepares Draft Rules for Stock Stabilisation Fund
By Ranamita Chakraborty | 04/03/2021
The fund will be set up using unclaimed cash and stock dividends and be used to help stabilise the capital market.
AML / KYC
SEBI Consults on Creation of Accredited Investor Class
By Ranamita Chakraborty | 04/03/2021
SEBI says the new investor classification can help it to focus its regulatory resources on investors that need more protection and facilitate innovation in the securities market.
Securities / Derivatives
CSRC Revises Rules on Corporate Bond Issuance, Ratings
By Editors | 04/03/2021
Companies will no longer be required to engage a rating agency and obtain a credit rating before they issue bonds for sale on the public market.
Securities / Derivatives
UK to Issue First Sovereign Green Bonds for Retail Investors
By Sanday Chongo Kabange | 03/03/2021
The savings bonds will fund projects in areas such as renewable energy and clean transportation and will go on sale to retail investors this year.
Securities / Derivatives
TWSE Lowers Investment Threshold for New Innovation Board
By Sanday Chongo Kabange | 03/03/2021
Individuals with a net worth of TWD 10 million will be allowed to invest in TIB-listed firms, down from the TWD 30 million minimum that was earlier planned.
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