Securities / Derivatives

    Crypto / Digital Assets

    ASIC Places Interim Stop Orders on Three Crypto Funds

    By Editors | 17/10/2022

    Holon has disclosed the risk that assets in the three funds could face a total loss of value. ASIC considers the funds not suited to the “wide target market” defined in the TMDs.

    Securities / Derivatives

    Philippine SEC Authorises Country’s First Corporate Debt Vehicle

    By Editors | 17/10/2022

    The fund will exclusively invest in debt securities such as bonds, notes, commercial paper, debentures, and other evidence of indebtedness.

    Securities / Derivatives

    SEBI Issues Framework for Dealing with CRA Licence Cancellations

    By Editors | 17/10/2022

    The new framework comes after SEBI for the first time cancelled the licence of a CRA, Brickwork Ratings India, and ordered it to wind down its operations within six months.

    ESG / Sustainability

    EU Council Gives Green Light to Board Gender Rules

    By ESG Investor | 17/10/2022

    The European Council has approved EU rules to ensure a more balanced gender representation on corporate boards.

    Securities / Derivatives

    Taiwan: 12 Fund Managers Selected to Receive Policy Concessions

    By Editors | 17/10/2022

    Ten foreign fund managers and two investment trust companies will receive preferential treatment for one year.

    Enforcement

    Hong Kong Court Convicts Former Fulbright Securities AE

    By Editors | 17/10/2022

    The former account executive, banned for life in 2017, pleaded guilty to employing a fraudulent scheme involving securities transactions in eight stocks.

    Fintech / Regtech

    Thai SEC Launches New E-Licensing Services Pilot

    By Editors | 15/10/2022

    The services will initially allow online submissions of applications for two types of licenses. Full e-licensing services will launch in Q1 2023.

    AML / KYC

    Glencore Facing Investor Lawsuits Following Bribery Conviction

    By Editors | 14/10/2022

    Sovereign wealth funds from the UAE, Kuwait and Norway, along with Abrdn, HSBC, Standard Life and others are among the claimants.

    Securities / Derivatives

    UBS, HSBC Facilitate First QFII Commodity Derivatives Trades in China

    By Editors | 14/10/2022

    China has recently expanded its QFII programme to include more than 40 commodity futures and options contracts, as well as CFFEX stock options.

    Securities / Derivatives

    Taiwan FSC Further Tightens Short Selling Rules

    By Editors | 14/10/2022

    The FSC already tightened its short selling regulations at the beginning of this month to stabilise the local stock market.

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