Markets & Infrastructure

Trading & Investment

HKEX Closing Auction Expands to All Equities, Funds

By Editors | 09/10/2019

The move will help improve trading liquidity at close, simplify trading operations for market participants, and standardise closing times for equities.

Trading & Investment

China-Japan ETF Connect Slow to Gain Traction

By Editors | 09/10/2019

Assets in the cross-border feeder ETFs have dropped in the three months since the scheme was launched, by more than two-thirds in the case of the Japan-invested assets.

Payments & Settlements

MPFA to Complete eMPF Platform Bidding Process by Year-End

By Editors | 09/10/2019

Hong Kong’s MPF System relies on cheque settlement, manual handling and paper transactions. The MPFA aims to launch a new ‘eMPF Platform’ in 2022.

Structural Regulation

HKEX Abandons Pursuit of London Stock Exchange Merger

By Editors | 08/10/2019

HKEX says the merger is still strategically compelling but it has not been able to engage with LSEG’s management in realising its vision.

Market Risk

Initial Margin Challenges Confronting Asian Markets

By Purtini Joshi | 08/10/2019

DTCC’s Purtini Joshi outlines three key challenges firms need to address to ensure compliance with Phase 5 and Phase 6 implementation of initial margin regulations.

Conduct, Culture & Accountability

Korea FSS to Inspect Shinhan Governance This Month

By Editors | 08/10/2019

The FSS is reportedly looking into Shinhan’s governance structure ahead of the end of its current chairman’s term in March 2020.

Tokenisation

Japan Brokers Form New Body to Develop Rules for STOs

By Editors | 07/10/2019

The new association was formed by securities firms SBI, Nomura, Daiwa, Kabu.com, Monex and Rakuten and will seek FSA approval for status as a self-regulatory organisation.

Conduct, Culture & Accountability

ABA Backs Proposal for Bank-Funded Financial Counselling

By Editors | 07/10/2019

A review of Australia’s financial counselling sector has recommended that the big four banks fund half of the initial contributions immediately needed to expand delivery of such services.

Conduct, Culture & Accountability

SFC Fines SEAVI Advent Ocean Private Equity HK$1mn

By Editors | 07/10/2019

The SFC has reprimanded and fined SEAVI Advent Ocean Private Equity for allowing unlicensed individuals to perform regulated functions, in breach of the Code of Conduct.