Trading & Investment

Structural Regulation

Daiwa Securities Joint Venture Granted Beijing Business Licence

By Editors | 03/01/2021

The business licence makes Daiwa Securities (China) Co Ltd the fourth foreign-owned joint venture securities firm in Beijing.

PEPs & Sanctions

OFAC Extends Chinese Military Company Ban to Subsidiaries

By Editors | 03/01/2021

In a set of FAQs, OFAC has clarified that Executive Order 13959 also applies to subsidiaries, derivatives, ETFs, index funds and mutual funds.

Sustainable Finance

Korea Set to Establish ‘New Deal’ Fund in March 2021

By Editors | 02/01/2021

The application process for private fund managers to set up and manage feeder funds under the New Deal fund began in December 2020.

Structural Regulation

Tokyo Bourse Reorganisation to Take Effect in April 2022

By Editors | 31/12/2020

Companies will be able to choose which section they want to be listed on between September and December 2021, and JPX will announce the results in January 2022.

Trading & Investment

HKFE Announces Launch Date for Hang Seng TECH Index Options

By Editors | 31/12/2020

The Hang Seng TECH Index Futures, introduced in November, have now been certified by the CFTC to be offered and sold to persons in the US.

Structural Regulation

Chinese Regulators Order Ant Group to Reorganise Business

By Manesh Samtani | 31/12/2020

Ant Group is directed to refocus on its payments business and correct regulatory violations in its credit, insurance, wealth management and asset securitisation businesses.

Trading & Investment

IOSCO Seeks Views from Market Participants on ETF Market

By Editors | 30/12/2020

IOSCO asks asset managers, liquidity providers and market-makers to help it obtain a more granular understanding of ETFs.

Market Data & Technology

HKEX to Introduce New Market Access Platform in Q3 2021

By Editors | 30/12/2020

Phase 1 will involve the technical migration from the Orion Central Gateway to the new Cash Market Gateway in Q3 2021.

Structural Regulation

NYSE Gets SEC Green Lights to Allow Direct Listings

By Editors | 29/12/2020

Companies will be able to directly sell shares in an auction without a traditional underwriter, enabling investors to participate in new listings more readily.