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ESG / Sustainability
Sri Lanka SEC, CSE Sign MOU with Accounting Body on ESG
By Duruthu E Chandrasekera | 08/09/2022
MOUs with CFA Society and CA Sri Lanka were signed as a prelude to the establishment of an ESG index by the CSE.
Securities / Derivatives
HKEX to Enhance Obligations for Stock Options Market Makers
By Editors | 08/09/2022
A first phase of enhancements will take effect on 31 October 2022. A second phase will be implemented in H1 2023, subject to market readiness.
Market Infrastructure
JPX, CFFEX Agree to Cross-Promote Derivatives Products
By Editors | 08/09/2022
The arrangements includes the promotion of derivatives trades to enhance the liquidity of ETFs listed under the Japan-China ETF Connectivity scheme.
Enforcement
Australia: ABN AMRO Penalised Over Block Trading Rule Breach
By Editors | 08/09/2022
ABN AMRO Clearing Sydney registered ASX SPI 200 Futures block trades that included split allocations below the Minimum Value Threshold.
Securities / Derivatives
Tokyo Bourse to Allow First Active ETF Listings by Mid-2023
By Editors | 08/09/2022
The TSE is reportedly looking to modify a rule which currently only permits index-linked (passive) ETFs to be listed on the exchange.
Fintech / Regtech
Korea to Launch KRX-Operated Digital Securities Market
By Editors | 07/09/2022
Security token guidelines will be published in Q4 2022, and rule changes will be made next year to establish a system for issuance and distribution.
Securities / Derivatives
China Raises Bar for Sponsors to Ensure Fair IPO Pricing
By Editors | 07/09/2022
Investment bankers engaged in IPO deals are prohibited from discussing earnings estimates and valuations with analysts, to ensure their independence.
Securities / Derivatives
CSRC Green Lights Launch of New ETF Options in China
By Editors | 07/09/2022
ChiNext Board ETF options will list in Shenzhen, while CSI 500 ETF options will list in both Shanghai and Shenzhen.
Securities / Derivatives
Big Four Auditor Facing HK Lawsuit Over Chinese Audit
By Editors | 07/09/2022
The liquidator of a now-collapsed Chinese biotech firm said the auditor could have easily exposed fraud by asking obvious questions.
ESG / Sustainability
China Executes First Triparty Repo Trades Using ESG Bonds
By Editors | 07/09/2022
CFETS, Clearstream and Chinese financial institutions cooperated to execute the first triparty repo trades involving ESG-eligible bonds.
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