SECURITIES / DERIVATIVES

Market Infrastructure

HKIFA Proposes Enhancements for ETF Connect Initiative

By Sanday Chongo Kabange | 24/07/2024

HKIFA says Stock Connect ETF eligibility requirements should be further relaxed and Hong Kong issuers should be allowed to market in the mainland.

Big Picture

ISDA Calls for Greater Digitisation of Derivatives Documentation

By Ranamita Chakraborty | 24/07/2024

An industry survey has revealed that the average time taken to negotiate derivatives documents hasn’t fallen since 2006.

Enforcement

Hong Kong Court Jails Three in Landmark Manipulation Case

By Sanday Chongo Kabange | 23/07/2024

The jail sentences are the heaviest and longest imposed for market manipulation since the SFO came into effect in 2003.

Fintech / Regtech

Korea to Allow Sale of Pension Products That Use AI

By Editors | 23/07/2024

Firms that passed a review can apply for designation as “innovation financial services” in September and sell AI-driven pension products online in December.

Crypto / Digital Assets

Hong Kong Lists Asia’s First Inverse Bitcoin ETF

By Sanday Chongo Kabange | 23/07/2024

The new ETF was issued by CSOP Asset Management, which was also first to launch Asia’s first crypto futures ETFs in December 2022.

Enforcement

TAIFEX Amends Rules to Increase Penalties for Violations

By Editors | 23/07/2024

The amendments aim to enhance information security standards within futures firms, and better align with penalties in the securities market.

Securities / Derivatives

Tokyo Bourse Now Requires Earnings Reports in HTML Format

By Editors | 23/07/2024

The TSE has been testing the use of HTML format for disclosures by listed companies since December 2021. HTML submission is now mandatory.

Enforcement

Korea FSS Punishes Brokerage Firm for Mis-selling PE Funds

By Editors | 22/07/2024

Shinyoung Securities failed to properly explain the investment risks to customers when selling Lime and Discovery private equity funds.

Market Infrastructure

China Publishes New Rules for Commodity Price Indexes

By Editors | 22/07/2024

The rules specify the requirements for entities that compile and publish price indexes including disclosure, naming and internal control requirements.