Securities / Derivatives

ICMA has also updated its guidance and introduced clarifications to support growth of the sustainable bond market.

Trading platform arrangements should contain information about trading protocols, counterparty name disclosure, prioritisation, use of last look, and trade dispute resolution.

Longer trading hours will help meet the rising global demand for yuan transactions, narrow the onshore-offshore spread, and help Chinese investors hedge currency risk.

Hong Kong's Financial Reporting Council already has 13 cases involving mainland audit work papers, two of which have been concluded.

The relevant rules and operational and regulatory arrangements have been finalised and technical systems have been put in place.

The TSE's prime, standard and growth market indices are being calculated every 15 seconds from 27 June instead of once a day.

The roadmap includes plans to develop regulatory requirements for digital assets, the tokenisation of non-securities, and dealings on digital exchange platforms.

Under a new scheme, private pension funds can invest in mutual funds. Initially, only mutual funds with at least CNY 50 million of assets are eligible.

Russia made USD 100 million in payments due on 27 May to Euroclear, but the funds were not delivered to investors due to sanctions.

CES Capital International failed to perform sufficient due diligence and monitoring of the underlying investments of two funds.