Securities / Derivatives

Securities / Derivatives

Addressing Concern About SLBs With Enhanced Targets and Structure

By Joanne Teo | 26/09/2023

SGX RegCo’s Joanne Teo and Michael Tang discuss the use of sustainability-linked bonds to finance transition efforts and how to enhance the credibility of such instruments.

Enforcement

Evergrade Subsidiary Hengda Group Under Investigation

By Editors | 26/09/2023

Due to the investigation, Evergrande is now no longer qualified to issue new notes that were supposed to form part of its restructuring plan.

ESG / Sustainability

Philippine SEC Issues New Guidelines on Blue Bond Issuance

By Editors | 26/09/2023

The guidelines set out eligibility criteria for blue projects and activities, based on IFC’s Blue Finance Guidance Framework and ADB’s Green and Blue Bond Framework.

Securities / Derivatives

SZSE to Revise Corporate Bond Issuance and Underwriting Rules

By Mark Johnston | 26/09/2023

SZSE has revised regulations covering the issuance, listing, underwriting and suitability management of corporate bonds.

Securities / Derivatives

SEBI to Ease Debt Fundraising Rules for Large Corporates

By Mark Johnston | 26/09/2023

SEBI will remove the penalty for non-compliance with the requirement to raise 25 percent of their incremental borrowings through corporate bonds.

Securities / Derivatives

CSRC Probes Hedge Funds, Brokers Over Quant Strategies – Report

By Sanday Chongo Kabange | 25/09/2023

The CSRC is seeking information on the trading strategies and short-selling activities of quant funds, and their impact on the stock market.

Market Infrastructure

HKMA Designates New Market Makers for Southbound Bond Connect

By Sanday Chongo Kabange | 25/09/2023

The new designations bring the total number of designated market makers for Southbound Bond Connect trading from 13 to 22.

Enforcement

US SEC Fines Citadel Securities for Violating Short-Selling Rules

By Sanday Chongo Kabange | 24/09/2023

Citadel agreed to pay $7mn to settle charges that it incorrectly marked short sale orders as long sales, and vice versa, over a five year period.

Enforcement

SEC Fines Goldman for Submitting Inaccurate Securities Trading Data

By Sanday Chongo Kabange | 24/09/2023

Goldman Sachs has agreed to USD 6 million for submitting deficient submissions that included missing or inaccurate trade data for at least 163 million transactions.