Securities & Trading

Unless ABS investors have better access to standardised and relevant data, they will be unable to appraise ESG risks and satisfy sustainability objectives.

The new rules introduce additional safeguards against insider trading and improve the timing of disclosure of major events.

Amendments to Hong Kong’s OTC derivatives licensing regime have been introduced in LegCo. Scott Carnachan at Deacons discusses the changes.

The CSRC said Haitong did not effectively control risk in its bond business dealings, which resulted in Yongcheng Coal's CNY 1 billion default.

The SEC is seeking public comments on its process for identifying companies that fail to meet the new standards, as well as submission and disclosure requirements.

The firm also did not have effective controls in place for product due diligence, client risk tolerance assessment, and record-keeping.

ISLA says it will lead workstreams on five key action points to help share the securities lending market's response to ESG challenges.

The new guidelines follow last month's trading halt at the NSE. The exchange has submitted a root cause analysis to SEBI.

Seven executives sold a combined MYR 1.63 million in shares on the same two days in December, just two months ahead of AmBank's 1MDB settlement.

The case was initially launched by two US hedge funds and a US-based derivatives trader, alleging they suffered losses due to bank manipulation of the BBSW.