Securities & Trading

The new delisting system includes an indicator to measure the sustainability and operating ability of a listed company, to help eliminate shell companies.

From January 2022, stock exchanges, merchant bankers and RTAs will need to publish the new investor charter as well as complaints data on their websites.

Under revised rules, market participants are required to and enhance cybersecurity control measures, vulnerability assessments, penetration testing and third-party access controls.

The new subsidiary will enable JPX to accelerate its work to diversify its businesses, advance the sophistication of its services, and improve market efficiency.

The pilot is being launched at the Shanghai Equity Exchange to experiment with ways to expand the exit channels available to investors in PE and VC funds.

The CBIRC seeks to clarify the enforceability of close-out netting in China, saying the labelling of the country as a “non-netting jurisdiction” has harmed its financial institutions.

The listing enables investors to express market views without engaging in traditional leverage strategies that require margin monitoring or shorting, said SGX's Michael Syn.

Proposed amendments will require directors and senior managers of listed companies to disclose their interests in competing businesses.

Of the 259 TCFD-supporting companies surveyed, 42 had disclosures in all 11 TCFD categories; 36 did not have disclosures in any of the categories.

Chairman Tim Lui says the SFC is currently evaluating ESG disclosures "much more closely" and looking for more ways to reduce opportunities for greenwashing.