SECURITIES / DERIVATIVES

Securities / Derivatives

Malaysia Launches Trading in Used Cooking Oil Futures

By Sanday Chongo Kabange | 18/12/2024

The new aims to address the need for price transparency and risk management tools in the growing used cooking oil market.

Capital / Liquidity

SFC Sets Liquidity Risk Management Expectations for MMFs

By Manesh Samtani | 18/12/2024

MMF managers should use LMTs to ensure fair treatment of both redeeming and remaining investors when meeting redemption requests.

Enforcement

JPX Penalises Nomura Over JGB Futures Manipulation Case

By Sanday Chongo Kabange | 17/12/2024

OSE has imposed a fine and a threeday JGB futures trading suspension on Nomura Securities while the TSE issued a reprimand.

Capital / Liquidity

Korea Amends Rules for on Investors’ Foreign Currency Deposits

By Editors | 17/12/2024

The regulatory amendment increases the proportion of investors’ USD and JPY funds that securities firms have to deposit with the KSFC.

Capital / Liquidity

HKEX to Accept CGBs as Collateral for Swap Connect from 13 Jan

By Sanday Chongo Kabange | 17/12/2024

From 13 January, China government bonds held through Bond Connect can be used as collateral for Northbound Swap Connect.

Enforcement

US SEC Fines Cantor Fitzgerald Over Misleading SPAC Disclosures

By Editors | 16/12/2024

Cantor Fitzgerald failed to disclose that it had already commenced negotiations with merger targets for two SPACs prior to their IPOs.

Market Infrastructure

China Expands Private Pension Scheme to Nationwide Implementation

By Editors | 16/12/2024

More banks are permitted to offer pension services and the eligible products have been expanded to include government bonds and index funds.

Crypto / Digital Assets

Korea Halts Implementation of New Crypto and Securities Tax

By Editors | 16/12/2024

A revision bill was passed to prevent new taxes on gains from crypto, stocks, bonds, and funds from taking effect on 1 January 2025.

Capital / Liquidity

AllianceBernstein to Sue Switzerland Over Credit Suisse AT1 Writedown

By Editors | 16/12/2024

AllianceBernstein will be the first large institutional investor to sue Switzerland over its decision to write down Credit Suisse’s AT1 bonds last year.