Securities / Derivatives

ESG / Sustainability

Bursa Malaysia Launches ESG Themed Index Futures Contract

By Editors | 13/12/2022

The new futures contract is based on the FTSE4Good Bursa Malaysia Index and available to global investors via CME Globex.

AML / KYC

SFC Announces 20 March 2023 Launch Date for HKIDR

By Editors | 13/12/2022

The SFC has decided to “provide more time for the industry’s preparation” and has announced a 20 March 2023 launch date for the HKIDR.

ESG / Sustainability

Australian Treasury Consults on Climate Disclosures

By ESG Investor | 13/12/2022

Australia is consulting on the design and implementation of its proposed standards for the mandatory disclosure of climate‑related financial risks and opportunities.

Enforcement

EU Commission Accuses Two Banks of Cartel Conduct

By Editors | 12/12/2022

Deutsche Bank and Rabobank traders allegedly exchanged commercially sensitive information and coordinated pricing and trading strategies on government bonds.

Capital / Liquidity

UK Proposes Extensive Overhaul of Financial Services Regulations

By Manesh Samtani | 12/12/2022

The reforms include overhauls of the ring-fencing and senior managers regimes, a new green finance strategy, and an investment management exemption for cryptoassets.

Enforcement

FCA Fines Interdealer Brokers Over Inadequate Trade Surveillance

By Editors | 12/12/2022

Between July 2016 and January 2018, BGC Brokers, GFI Brokers and GFI Securities had deficient surveillance processes and insufficient asset class coverage.

Securities / Derivatives

RBI Allows Resident Entities to Hedge Gold Exposures from GIFT City

By Editors | 12/12/2022

To date, resistant entities in India have not been permitted to hedge their gold price exposures in overseas markets.

Market Infrastructure

Japan FSA Finalises New Derivatives Reporting Guidelines

By Editors | 12/12/2022

The guidelines and associated reporting requirements will take effect on 1 April 2024, incorporating the UTI and CDE.

ESG / Sustainability

Bursa Malaysia Launches Shariah Compliant Carbon Exchange

By Editors | 11/12/2022

The first trades will be conducted via an auction in March 2023. Project developers, project proponents, and corporate buyers are invited to participate.