Securities / Derivatives

Market Infrastructure

CSRC Urges US to Avoid Politicising Securities Regulation

By Editors | 25/05/2020

The CSRC has responded to a US bill that could subject the 233 Chinese companies listed in the US to PCAOB oversight in their audits, or delisting for noncompliance.

Market Infrastructure

More Protectionist Regulatory Intervention on the Cards, Experts Warn

By Daniel Flatt | 25/05/2020

The raft of government measures designed to stave off corporate raiders is unlikely to abate soon, compliance practitioners say.

ESG / Sustainability

TAIFEX to Launch ESG and Biotech Futures Contracts

By Editors | 25/05/2020

The ESG Index Futures contract will track the performance of TWSE listed companies that meet the globally recognised ESG standards used by the FTSE4Good Index Series.

Market Infrastructure

ASX Responds on Tranche 1 Rule Changes for CHESS Replacement

By Editors | 25/05/2020

ASX says it will not be mandating settlement locks for CHESS holdings, given the broad support stakeholders for this approach.

Securities / Derivatives

CSRC to Optimise Classification System for Securities Firms

By Editors | 25/05/2020

The changes are aimed at ensuring the classification system encourages firms to maintain focus on risk management capabilities and continuous compliance.

Securities / Derivatives

Taiwan Considers Establishing New Market for SMEs

By Editors | 25/05/2020

Only professional investors would be allowed to buy or sell shares on the new platform, which would be independent of Taiwan’s other fundraising markets.

Securities / Derivatives

Australian Treasury Bans ‘Conflicted’ Commissions Paid on LICs

By Editors | 24/05/2020

Fund managers will be barred from paying fees to financial advisers and stockbrokers for selling listed investment companies and trusts.

Enforcement

CSRC Accuses Guangdong Fund Manager of Lying to Investors

By Editors | 24/05/2020

Guangdong-based Cornerstone Management reportedly lost 70% in two funds after promising a minimum 8% annual return.

Securities / Derivatives

SFC to Allow Leveraged, Inverse ETFs Tracking Mainland Indices

By Editors | 24/05/2020

The SFC is prepared to initially only accept ‘swap-based’ L&I products tracking Mainland equity indices, with a leverage factor up to 2x, or negative 1x for inverse products.