Securities / Derivatives

Securities / Derivatives

DBS Launches New Multi Family Office Platform for UHNW Families

By Sanday Chongo Kabange | 19/06/2023

The new platform is established as an umbrella VCC, with multiple underlying sub-funds that clients can use to manage their assets.

Crypto / Digital Assets

Industry Raises Concerns Over SEC Proposal to Redefine Exchanges

By Editors | 18/06/2023

SIFMA says the SEC’s attempt to bring DeFi systems into scope could potentially subject other non-DeFi broker-dealer systems to unnecessary regulation.

Market Infrastructure

FIA Issues Standard to Promote Timely Trade Give-Ups and Allocations

By Editors | 18/06/2023

The standard focuses on streamlining the delivery and processing of allocation instructions. A consultation on average pricing was also launched.

Securities / Derivatives

FSB, IOSCO Set to Propose Reforms to Address Fund Liquidity Risk

By Editors | 16/06/2023

The FSB and IOSCO said that they will both be publishing consultation papers on liquidity risk management in early July.

Enforcement

KRX Suspends Five Stocks Over Alleged Manipulation

By Karen Ng | 16/06/2023

The stocks were suspended, “inquiry disclosures” requested, and three of the stocks were designated as stocks with investment caution.

ESG / Sustainability

Fit For Purpose: Existing Principles for FMIs Can Address Financial Climate Change Risks

By Michael Leibrock | 16/06/2023

FMIs are well placed to address climate-related risks in accordance with the existing PFMI principles, says DTCC’s Michael Leibrock.

ESG / Sustainability

Net Zero Bondholder Stewardship Guidance Launched

By ESG Investor | 16/06/2023

The IIGCC’s guidance provides advice on stewardship across different forms of corporate debt.

Big Picture

Faster Progress Needed to Enhance EU Capital Markets: IMF

By Editors | 15/06/2023

IMF managing director Kristalina Georgieva highlighted key priorities to enhance Europe’s capital markets.

Crypto / Digital Assets

Korea Securities Depository to Establish Security Token Platform

By Sanday Chongo Kabange | 15/06/2023

The KSD will set up a securities token platform and play the role of screening registrations of such digital assets.