Structural Regulation

Trading & Investment

China-Japan ETF Connect Sees Launch of New Funds

By Ranamita Chakraborty | 19/04/2021

Daiwa Asset Management has listed two ETFs on the TSE while ICBC Credit Suisse Asset Management has listed one ETF on the SZSE.

Structural Regulation

Gary Gensler Sworn Into Office as New SEC Chair

By Sanday Chongo Kabange | 18/04/2021

Gary Gensler was sworn in as the new SEC chairman three days after the US Senate voted to approve his nomination.

Clearing & Post-Trade

HKMA, SFC Consult on Annual Update to FSP List

By Editors | 15/04/2021

A unit of Toronto-Dominion Bank is proposed to be included on the FSP list. An entity that has merged with Deutsche Bank will be removed.

Structural Regulation

Australian Senator Proposes Merger of Superannuation Lobby Groups

By Ranamita Chakraborty | 15/04/2021

Senator Andrew Bragg is suggesting to use the ‘Your Future Your Super’ legislation to force consolidation between the AIST, ISA, FSC and ASFA.

Trading & Investment

LSTA Offers Guidance on Credit Sensitive Rates to Replace LIBOR

By Manesh Samtani | 15/04/2021

The advisory provides sample language to facilitate the use of credit sensitive rates in hardwired fallback language in new and amended loan documentation.

Trading & Investment

US SEC Identifies Accounting Issues with SPAC Listings

By Sanday Chongo Kabange | 14/04/2021

Some warrants issued to early SPAC investors may have been recorded as equity instruments when they should have instead been recorded as liabilities.

Trading & Investment

China: SAFE Approves $5b in QDLP Quotas for Hainan

By Sanday Chongo Kabange | 14/04/2021

The QDLP pilot programme will enable foreign fund managers to raise money in Hainan for investments overseas.

Cloud & Infrastructure

China: CFCA Starts to Embed LEIs in Digital Certificates

By Manesh Samtani | 14/04/2021

The China Financial Certification Authority has also become the first certification authority to become a validation agent in the Global LEI System.

Conduct, Culture & Accountability

ASIC Sets Expectations on New Complaints Handling Obligations

By Ranamita Chakraborty | 14/04/2021

ASIC plans to check in with industry at various stages of RG 271’s implementation and assess whether its expectations about preparation are being met.