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AML / KYC
Indian Authorities Investigating Three ‘Top Brokers’ – Reports
By Editors | 16/05/2023
Three top brokers, who were not named, were found to be engaged in “large-scale money laundering activities” with the involvement of PEPs.

ESG / Sustainability
Hong Kong ESG Rules May Lift Mainland Disclosures
By ESG Investor | 16/05/2023
The upcoming rules will make HKEX-listed companies subject to the most stringent ESG disclosure requirements in the region.

Securities / Derivatives
Northbound Trading for Swap Connect Has Launched
By Manesh Samtani | 15/05/2023
At the opening bell, 37 transactions worth about $273mn were executed involving participation from 16 foreign institutions.

Securities / Derivatives
ICE Invites HK Firms to Trade Futures in Singapore
By Editors | 14/05/2023
ICE Clear Singapore received authorisation from the SFC allowing it to clear ICE Futures Singapore trades for Hong Kong-based clearing members.

Securities / Derivatives
IOSCO Issues Guidance on Good Practices For ETFs
By Editors | 14/05/2023
The good practices cover effective product structuring, disclosure, liquidity provision, and volatility control mechanisms.

Enforcement
CFTC Fines HSBC for “Deceptive Trading”, WhatsApp Use
By Editors | 14/05/2023
The CFTC fined three HSBC affiliates a total $75m for manipulative and deceptive trading, spoofing, and supervision and record-keeping failures.

ESG / Sustainability
Philippine SEC Adopts ASEAN SRF Standards
By Sanday Chongo Kabange | 14/05/2023
Rules are established to enable local and ASEAN-member investment companies and CIS operators to offer sustainable and responsible funds locally and across the region.

Securities / Derivatives
Korea Offers Tax Benefits to Investors in High Yield Bond Funds
By Editors | 14/05/2023
The incentive is expected to help boost the demand for mid- and low-credit grade corporate bonds in the market.

ESG / Sustainability
Stewardship Dialogue Must be Ongoing – FCA
By ESG Investor | 13/05/2023
UK regulator seeks evidence of barriers to collaborative engagement, expects consultation responses to feed into review of ‘macro’ stewardship.

Securities / Derivatives
SSE, SZSE Issue Updated Guidelines for Infrastructure REITs
By Mark Johnston | 13/05/2023
The revised guidelines aim to optimise the review process, enhance information disclosures, and promote the infrastructure REITs market.
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