Securities / Derivatives

Market Infrastructure

HK Clearinghouses Ask Participants to Review Operational Procedures

By Sanday Chongo Kabange | 13/02/2022

Participants are warned that failure to adhere to the settlement timelines stipulated by the clearinghouses would constitute an event of default, which could result in disciplinary actions.

Securities / Derivatives

Taiwan to Finalise Risk Management Rules for Futures Trust Companies

By Editors | 12/02/2022

Futures trust companies are required to set up dedicated risk management departments with “adequate and competent” full-time personnel by 31 December.

Securities / Derivatives

SEBI Directs Fund Managers to Constitute Audit Committees

By Sanday Chongo Kabange | 12/02/2022

AMC audit committees will have obligations to review findings of suspected fraud, irregularities, internal control failures, and other issues highlighted by whistleblowers.

Securities / Derivatives

RBI Raises Cap on FPI Investment in Debt Securities

By Editors | 11/02/2022

The INR 1.5 trillion limit on FPI investment via the ‘Voluntary Retention Route’ has been nearly exhausted. The new INR 2.5 trillion limit takes effect on 1 April.

Market Infrastructure

The EU Puts London in the Last Chance Saloon: or Does It?

By Tony Freeman | 10/02/2022

Tony Freeman explains why European banks are unlikely to move away from clearing trades through London absent a regulatory mandate.

Securities / Derivatives

India Mutual Funds to Start Ind AS Reporting from April 2023

By Editors | 10/02/2022

From 1 April 2023, all AMCs will be required to prepare the financial statements in accordance with Indian Accounting Standards, known as Ind AS.

ESG / Sustainability

Thai SEC, UNDP Agree to Support Sustainable Capital Markets

By Editors | 10/02/2022

The UNDP and SEC will co-create a web-based tool to help listed companies measure and manage their impact on the SDGs, among other tools.

Enforcement

Singapore Man Charged Over False Statements in Telegram Chat

By Manesh Samtani | 09/02/2022

The false statements were used to induce investors to trade listed securities. SGX has previously warned about the use of Telegram chat groups in “pump and dump” schemes.

Securities / Derivatives

CSRC Issues New Guidance on Improving Prospectus Quality

By Darien Choong | 09/02/2022

Sponsors and securities service institutions have professional responsibilities to ensure the contents of prospectuses do not contain false or misleading information.