Securities / Derivatives

Securities / Derivatives

Korea Allows Securities Firms to Extend Credit to Overseas Affiliates

By Sanday Chongo Kabange | 16/06/2021

Large securities firms will be allowed to extend credit to overseas branches and subsidiaries in which they have at least a 50 percent stake.

ESG / Sustainability

Japan: Revised Corporate Governance Code Takes Effect

By Manesh Samtani | 16/06/2021

The new code seeks to enhance board independence, promote board diversity, and increase attention on sustainability and ESG issues.

Securities / Derivatives

CBIRC Issues New Rules for Cash Management Products

By Manesh Samtani | 16/06/2021

Cash management products are prohibited from investing in stocks, convertible bonds, or any financial instrument rated lower than AA+.

Securities / Derivatives

US Federal Court Sanctions Australian Trader for Spoofing

By Sanday Chongo Kabange | 15/06/2021

The Propex Derivatives trader is required to repay $21,000 in disgorgement and cease and desist from violating anti-spoofing and manipulation rules.

ESG / Sustainability

SGX, Nasdaq Partner to Enhance ESG Visibility of APAC Issuers

By Editors | 15/06/2021

The addition of SGX data to Nasdaq’s sustainable bond network will enhance transparency of green, social and sustainability bonds in Asia Pacific.

Securities / Derivatives

KRX to Launch Trade Compression Services This Year

By Editors | 15/06/2021

KRX has amended its OTC derivatives clearing and settlement rules to provide the legal basis for the introduction of trade compression services.

Securities / Derivatives

CSRC Approves Launch of Daiwa Securities Joint Venture

By Editors | 15/06/2021

Daiwa Securities (China) Co will be able to provide brokerage and securities underwriting services. Operations will commence soon.

Market Infrastructure

Credit Risk, Shadow Banking Present Ongoing Concerns: CBIRC

By Editors | 15/06/2021

CBIRC chairman Guo Shuqing has highlighted credit risk, shadow banking, illegal fundraising, and derivatives trading as key sources of financial system risk.

ESG / Sustainability

SGX Leverages Nikkei Partnership to Launch ESG REIT Derivatives

By Editors | 14/06/2021

The new futures contract aims to meet rising demand for integrating ESG considerations into investment portfolios, SGX said.