United States

Securities / Derivatives

SET Seeks to Allow Derivative Warrants to Use Foreign Stocks

By Ranamita Chakraborty | 22/07/2021

The SET will ask the Thai SEC to amend regulations to allow derivative warrants to use foreign stocks as their underlying assets.

AML / KYC

BOT Warns Against Using Crypto As Means of Payment

By Sanday Chongo Kabange | 18/07/2021

If the use of digital assets as a means of payment for goods and services become widespread, the BOT will take action in coordination with the SEC.

AML / KYC

SFC Issues Warning on Unregulated Virtual Asset Platforms

By Editors | 18/07/2021

Soon after the SFC’s statement, Binance announced that stock tokens will no longer be available for purchase on its website.

AML / KYC

US Government Warns Of Rising Business Risk in Hong Kong

By Editors | 18/07/2021

A business advisory from four US government agencies says US firms should be aware of the risks they face if they continue operating in Hong Kong.

Market Infrastructure

CFTC Set to Formally Adopt of ‘SOFR First’ Initiative

By Editors | 18/07/2021

SOFR First has four phases, starting with the adoption of SOFR instead of LIBOR as the default rate for USD linear swaps from 26 July 2021.

Securities / Derivatives

Sri Lanka to Launch New OTC Platform for Repo Trading

By Sanday Chongo Kabange | 15/07/2021

Firms seeking to carry out repo transactions on debt securities are invited to apply for trading membership.

Securities / Derivatives

Korean Won Futures Set for Launch on Eurex-KRX Link

By Editors | 12/07/2021

The listing of USD/KRW Futures on the KRX-Eurex link will allow for continuous trading during Asian, European and North American market hours.

Securities / Derivatives

China to Tighten Oversight of Overseas Listings

By Sanday Chongo Kabange | 08/07/2021

Chinese authorities will step up supervision of companies that list overseas to improve regulation of cross-border data flows and security.

AML / KYC

US, Switzerland Announce New Sanctions Against Myanmar

By Sanday Chongo Kabange | 07/07/2021

The Treasury has sanctioned 22 more individuals connected to Myanmar’s military, while the Department of Commerce added four companies to its Entity List.