Securities / Derivatives

Enforcement

ICAC Arrests Three in Joint Operation with SFC, AFRC

By Manesh Samtani | 20/10/2023

The case involves suspicions of corporate fraud, corruption, and a conspiracy between a ramp-and-dump syndicate and two listed companies.

Market Infrastructure

Canada to Allow T+1 Settlement Cycle for Mutual Funds

By Mark Johnston | 20/10/2023

CSA seeks feedback on amendments to allow mutual funds to voluntarily adopt T+1 settlement for subscription and redemption.

Market Infrastructure

NDRC, HKMA to Promote Mainland Bond Issuance in Hong Kong

By Manesh Samtani | 19/10/2023

The MoU was signed at the Belt and Road Forum, where 100-plus other agreements were also signed and Xi Jinping unveiled further plans to support the initiative.

Securities / Derivatives

Korea: Registration for Trading FX Market Opens for Foreign Firms

By Manesh Samtani | 19/10/2023

Bank of Korea said about 30 overseas FIs have expressed interest in participating in the domestic FX market when access opens in January.

Securities / Derivatives

SSE to Transition All Bond Bookbuilding to Centralised System

By Editors | 18/10/2023

The Shanghai exchange said bond issuers can use the centralised system voluntarily until 31 December, then it will become mandatory.

ESG / Sustainability

ASEAN Regulators Endorse Transition Finance Guidance, CIS Handbook

By Manesh Samtani | 18/10/2023

The transition finance guidance and handbook for cross-border offerings of sustainable funds were endorsed at the 39th ACMF Chairs’ Meeting.

Securities / Derivatives

More Chinese SOEs Move to Support Stock Market

By Mark Johnston | 18/10/2023

SOEs are buying back shares and withdrawing share sale plans. Goldman expects a recovery rally towards year-end.

Securities / Derivatives

DSB Launches UPI Service, a Milestone for Derivatives Markets

By Manesh Samtani | 18/10/2023

The US, EU, UK, Australia and Singapore will all start requiring UPI reporting for OTC derivatives transactions in 2024.

Securities / Derivatives

US SEC Publishes 2024 Examination Priorities Report

By Editors | 17/10/2023

Focus areas will include crypto-related securities, automated investment tools, artificial intelligence, trading algorithms, and investment adviser conduct.