Securities / Derivatives

Fintech / Regtech

SSE, SZSE to Pilot Blockchain in Trading, Custody Systems

By Editors | 05/10/2020

The Shanghai and Shenzhen stock exchange have separately announced plans to test newly-developed blockchain systems in equity markets.

ESG / Sustainability

Singapore Continues to Grow as Asia Pacific Gateway: MAS

By Manesh Samtani | 04/10/2020

As of mid-September, 120 VCCs have registered in Singapore, on top of 15.7% year-on-year growth in total AUM recorded at the end of 2019.

Securities / Derivatives

SFC Issues Guidance on E-dissemination of Product Documents

By Editors | 03/10/2020

Investors currently receiving paper investment product documents need to be notified at least one month before e-dissemination arrangements take effect.

Securities / Derivatives

SGX RegCo Publishes Regulatory Guide on Algorithmic Trading

By Manesh Samtani | 02/10/2020

The guide describes the governance, risk controls, and development and testing process that SGX members should have in place when using algorithms in trading.

Securities / Derivatives

SEBI Orders Faster Liquidation of Defaulting Brokers’ Assets

By Editors | 01/10/2020

Stock exchanges and clearing corporations should sell brokers’ securities if debit balances are not cleared in 5 days, and to sell other broker assets six months after the default.

Securities / Derivatives

Korea to Amend Law to Protect Private Equity Fund Investors

By Editors | 01/10/2020

The revisions will enhance oversight and risk assessment of private equity funds, and prevent illiquid funds from being marketed to retail investors.

ESG / Sustainability

First Chinese Sustainability Bond on Display at LuxSE’s Green Exchange

By Editors | 01/10/2020

The new $300mn issuance on display at LGX makes China Merchants Bank the first Chinese commercial bank to issue a sustainability bond.

Enforcement

CFTC Settles Charges Against Citi Over Deleted Audio Recordings

By Editors | 01/10/2020

Citi’s audio preservation system deleted more than 2.77 million audio files, including recordings that were subject to a December 2017 CFTC subpoena.

Market Infrastructure

CHESS Replacement ‘Critical’ to Manage Systemic Risk: RBA

By Editors | 01/10/2020

Replacing CHESS with more modern technology is critical to ASX’s ongoing management of systemic risk, said RBA assistant governor Michele Bullock.