SECURITIES / DERIVATIVES

Securities / Derivatives

HKEX Considers Relaxing Listing Requirements for Tech Firms

By Editors | 14/09/2022

Under the proposals, the revenue requirement for commercialised tech firms would be lowered from HK$500 million to between HK$200-300 million.

Crypto / Digital Assets

Asset Tokenisation Increasingly Relevant in ‘Crypto Winter’ – Report

By Manesh Samtani | 14/09/2022

A new report from BCG and ADDX projects a 50-fold increase in tokenised assets by 2030, bringing the market’s value to over $16 trillion.

AML / KYC

MAS Identifies AML/CFT Control Lapses at VCCs

By Manesh Samtani | 14/09/2022

MAS found issues with EFI appointment, oversight and escalation. Customer risk assessments and ongoing monitoring need improvement.

Market Infrastructure

Japan FSA Proposes New Derivatives Reporting Guidance

By Editors | 14/09/2022

The draft guidelines explain the data fields that need to be included in reporting, along with technical specifications and best practices for reporting.

Securities / Derivatives

“No Consensus” on ESG Reporting Standards at Exchanges

By ESG Investor | 14/09/2022

The WFE said exchanges report increased demand from investors for ESG disclosures, but limited progress in providing common guidance on reporting standards.

Securities / Derivatives

Singapore Introduces Bill to Enhance Business Trust Governance

By Editors | 13/09/2022

CEOs will have to disclose interests in transactions. Unlisted business trusts will have to obtain and maintain information on beneficial ownership of their units.

Crypto / Digital Assets

US SEC to Establish New Office for Crypto-related Filings

By Manesh Samtani | 13/09/2022

In a recent speech, SEC chair Gary Gensler highlighted the need for better disclosures for crypto investors. He also said the “vast majority” of crypto tokens are securities.

Crypto / Digital Assets

SFC Allows HashKey to Manage Funds Comprising 100% Crypto

By Editors | 13/09/2022

HashKey says it will be allowed to manage funds exclusively investing in virtual assets in compliance with the SFC’s regulations

Securities / Derivatives

Moscow Exchange Reopens Equity Market to Foreign Investors

By Editors | 13/09/2022

The equity market is reopened for non-resident investors from “friendly jurisdictions” and non-residents controlled by Russian legal entities or individuals.