Securities / Derivatives

Securities / Derivatives

State-owned Firms Issue China’s First Carbon-neutral Bonds

By Editors | 10/02/2021

The bonds reportedly received a lukewarm response from investors who are seeking higher yields amid signs of tighter liquidity.

ESG / Sustainability

CSRC Proposes Enhanced Investor Relations Management Rules

By Editors | 10/02/2021

The guidelines emphasise four principles of investor relationship management, and include an obligation for listed companies to disclose ESG information to investors.

Securities / Derivatives

HKEX Appoints JP Morgan’s Nicolas Aguzin as New CEO

By Manesh Samtani | 09/02/2021

Aguzin is expected to help HKEX continue to build its competitiveness and support the ongoing growth and development of Hong Kong’s financial markets.

Enforcement

Leaked Report Reveals Credit Suisse Culpability in Lescaudron Fraud

By Sanday Chongo Kabange | 09/02/2021

The case involved Patrice Lescaudron, a French banker who was jailed for defrauding clients in 2018 before committing suicide last year following his early release.

Securities / Derivatives

RBI Allows Indian Residents to Open GIFT City Accounts

By Editors | 09/02/2021

Funds deposited in GIFT City foreign currency accounts by Indian residents can only be used for investment purposes and not for spending.

Securities / Derivatives

China Set to Establish National Carbon Emissions Trading Scheme

By Editors | 08/02/2021

In the first phase, a total of 2,225 power utilities have been assigned carbon emissions limits, representing 30 percent of China’s total emissions.

Enforcement

Luckin Coffee Files for Bankruptcy to Facilitate Restructuring

By Editors | 08/02/2021

Luckin said it will continue to pay suppliers, vendors and employees while it negotiates with its stakeholders regarding a restructuring of its financial obligations.

Enforcement

Korea FSS Seeks Prosecution of Hana Financial CEO

By Editors | 08/02/2021

The regulator said it discovered illegal trading activities by CEO Lee Jin-kuk during an inspection of Hana Financial Investment last year.

Securities / Derivatives

SFC Sets Out Conduct Standards Expected in Capital Raisings

By Editors | 08/02/2021

The proposals establish the standards of conduct expected of intermediaries participating in bookbuilding, pricing, allocation and placing activities.