Securities / Derivatives

Market Infrastructure

China Cyberspace Regulator Says it Supports Foreign Listings

By Editors | 23/08/2022

The CAC said it supports the healthy development of China’s internet companies and their use of overseas capital markets for fundraising.

Crypto / Digital Assets

Academic Study Finds Broader Front-Running Problem at Coinbase

By Mark Johnston | 23/08/2022

University of Technology Sydney researchers estimate that insider trading occurred on 10-25% of new crypto listings at Coinbase between Sept 2018 and May 2022.

Market Infrastructure

Perspectives from China: M&A in 2022

By Bradley Maclean | 23/08/2022

Research by S&P Global and Regulation Asia highlighted the rise of financial buyers as a standout trend in the domestic Chinese M&A market.

Fintech / Regtech

DTCC Goes Live With New DLT-Based Settlement Platform

By Editors | 23/08/2022

The Project Ion platform is now parallel processing an average of over 100,000 bilateral equity transactions per day.

Securities / Derivatives

FSC Korea to Revise 5pc Shareholding Disclosure Rule

By Sanday Chongo Kabange | 23/08/2022

The revisions will require more detailed information to be disclosed regarding the purpose of shareholding. Initial adoption will be on a voluntary basis.

Crypto / Digital Assets

Korean Brokerages Seeking Licences to Establish Crypto Businesses

By Editors | 23/08/2022

Mirae Asset Securities and Samsung Securities are among seven firms seeking a licence. The government separately said airdrops will be subject to a gift tax.

Securities / Derivatives

Thai SEC Consults on Rules for VC, PE Tax Exemptions

By Editors | 22/08/2022

VC and PE firms can obtain tax exemptions for investments in certain target industries until 2032.

Crypto / Digital Assets

US SEC Files Suit Against Crypto Entities Over ICO Sale

By Mark Johnston | 22/08/2022

Blockchain firm Dragonchain raised about $16.5mn without registering its token sales as securities offerings.

Securities / Derivatives

Taiwan FSC Allows Banks to Offer Wider Range of Offshore Funds

By Editors | 22/08/2022

Banks can offer high net worth clients access to uncertified securities investment trust funds from other jurisdictions.