Securities / Derivatives

Securities / Derivatives

UBS, HSBC Facilitate First QFII Commodity Derivatives Trades in China

By Editors | 14/10/2022

China has recently expanded its QFII programme to include more than 40 commodity futures and options contracts, as well as CFFEX stock options.

Securities / Derivatives

Taiwan FSC Further Tightens Short Selling Rules

By Editors | 14/10/2022

The FSC already tightened its short selling regulations at the beginning of this month to stabilise the local stock market.

Securities / Derivatives

US SEC Approves Update to Electronic Recordkeeping Rule

By Editors | 13/10/2022

The amendments add an audit-trail alternative allowing electronic records to be preserved in a way that permits recreation if original records are altered, over-written, or erased.

Fintech / Regtech

IOSCO Offers Guidance on Curbing Online Misconduct

By Editors | 13/10/2022

IOSCO’s new report offers recommendations to address risks from online marketing and distribution of financial products targeting retail investors.

Enforcement

SFC Fines Asset Manager Over European Rule Breaches

By Editors | 12/10/2022

ARCM failed to implement adequate systems and controls to monitor its short position and ensure it was properly reported and disclosed to the public.

ESG / Sustainability

Singapore: SIAS Joins Fight Against Greenwashing

By Editors | 12/10/2022

Chief executive David Gerald said the Securities Investors Association of Singapore working to enhance its guidance for annual reports to combat greenwashing.

Market Infrastructure

UK Court Allows Legal Actions Against LME to Proceed

By Editors | 12/10/2022

The LME says the decision to allow the Elliott and Jane Street cases to proceed is “entirely procedural” and “in no way a ruling on the merits” of the claims.

Market Infrastructure

EMIR Refit Technical Standards Published in Official Journal

By Editors | 12/10/2022

Under the standards, reporting of the CDE, LEIs, ISINs, UTIs and UPIs to trade repositories are mandated, in XML format using ISO 20022.

Enforcement

UK FCA Queries Banks About Staff Messaging Practices

By Editors | 12/10/2022

The queries come after US regulators collected over $2bn in combined penalties from firms for failures to maintain, preserve, or produce staff communication records.