Markets & Infrastructure

Conduct, Culture & Accountability

China Directs Accounting Firms to Improve Governance, Audit Quality

By Darien Choong | 16/12/2021

Accounting firms are asked to conduct their annual self-evaluation and reviews using a new ‘evaluation index system’, and submit self-assessment reports by 31 May each year.

Conduct, Culture & Accountability

Bursa Malaysia Issues New Guidance on Corporate Governance

By Editors | 16/12/2021

The guide is meant to help companies comply with the Malaysian Code on Corporate Governance, a revised version of which was issued by the SC in April.

Cryptocurrency

ISDA Advances Work to Develop Standards for Crypto Derivatives

By Editors | 15/12/2021

Contractual standards for digital asset derivatives will provide a foundation for the market and help enhance transparency, liquidity and price discovery.

Trading & Investment

Shanghai Bourse Set to Launch New Bond Trading System

By Manesh Samtani | 15/12/2021

The new system – to be launched on Monday – adds a night trading session, uses RTGS settlement, and allows multilateral netting, the SSE says.

Cryptocurrency

Binance Withdraws DPT Licence Application in Singapore

By Mark Johnston | 15/12/2021

Binance’s recent investment in Hg Exchange rendered its licensing application “somewhat redundant”, CEO Changpeng Zhao said.

Trading & Investment

SET Allows Derivative Warrants to Use Foreign Stocks

By Editors | 15/12/2021

The first six derivative warrants with foreign underlying stocks were listed on the SET on Wednesday, issued by Macquarie Securities.

Market Abuse

TWSE Amends Corporate Governance, Insider Trading Rules

By Sanday Chongo Kabange | 15/12/2021

Insiders cannot trade shares 15 days before quarterly reports and 30 days before annual reports. Board independence and diversity rules also included.

Conduct, Culture & Accountability

MAS to Raise Corporate Finance Due Diligence Standards

By Editors | 15/12/2021

The new rules will require corporate finance advisers to establish a governance framework for due diligence which includes ensuring the veracity of information obtained.

Climate Risk

HK to Enhance Mainland Connection via Stock Connect, Carbon Market

By Sanday Chongo Kabange | 15/12/2021

The SFC is seeking to align Hong Kong’s trading days with the mainland, add more securities to Stock Connect, and establish a cross-border carbon market.