Securities / Derivatives

Market Infrastructure

Switzerland to Transition to T+1 Settlement Cycle in October 2027

By Mark Johnston | 26/01/2025

Switzerland has confirmed plans to transition to a shorter settlement cycle in October 2027, aligning with the EU and UK’s ambitions.

Crypto / Digital Assets

FSB Publishes Work Programme for the Year Ahead

By Manesh Samtani | 25/01/2025

The work programme highlights digitalisation, climate change, and the shifting macroeconomic environment as key priorities

Securities / Derivatives

SFC Expands Listed Structured Fund Offerings in Hong Kong

By Manesh Samtani | 24/01/2025

The SFC will allow product issuers to offer single-stock leveraged and inverse products and defined outcome-listed structured funds

Securities / Derivatives

Morgan Stanley Futures Unit Commences Operations in China

By Mark Johnston | 24/01/2025

Morgan Stanley is the 2nd major US firm after JPMorgan to have a derivatives unit in China, which scrapped foreign ownership caps for futures companies in 2020.

Securities / Derivatives

FSS Korea Designates LuxSE as ‘Major Overseas Market’

By Mark Johnston | 24/01/2025

Korean companies meeting certain conditions don’t have to submit a domestic securities registration statement to issue foreign currency bonds on LuxSE

Market Infrastructure

JSCC’s Transition to VaR Margin Models Has Improved Efficiency: JPX

By Manesh Samtani | 24/01/2025

The transition from SPAN to JSCC-VaR has improved risk management and margin efficiency for listed derivatives, but further refinements are needed.

ESG / Sustainability

Indonesia Opens Carbon Exchange to International Participants

By Nithya Subramanian | 24/01/2025

Minister says every certificate issued for international trading has been validated and authorised to prevent double accounting, double payment, and double claims.

Big Picture

Chinese Regulators Should Introduce a Stewardship Code: Report

By Manesh Samtani | 24/01/2025

Fidelity International’s Flora Wang says the implementation of such a stewardship code in China would be a “decisively positive step”.

Crypto / Digital Assets

BoCom Become First Chinese Bank to Issue Digitally Native Bond

By Mark Johnston | 23/01/2025

Bank of Communications issued the $300mn bond via its Hong Kong branch using the HSBC Orion digital asset platform.