Securities / Derivatives

Securities / Derivatives

Hong Kong Audit Regulator Gains Access to Chinese Audit Papers

By Editors | 15/12/2020

“This is a landmark moment for cross-border cooperation in the investigation of auditing irregularities,” said Financial Reporting Council chairman Kelvin Wong.

Securities / Derivatives

Bursa Malaysia, Shenzhen Bourse Cross-Promote Indices

By Editors | 14/12/2020

Bursa and the SZSE will each display three key indices from each other’s market, as part of efforts to increase visibility and create opportunities for cross-border investment.

Securities / Derivatives

South Korea to Punish Illegal Short Sellers with Jail Time

By Editors | 13/12/2020

Under a revision bill that could take effect by Q2, naked short sellers will face up to a year in jail or up to five times profits on a trade.

ESG / Sustainability

SGX to Promote China Bond Markets, MAS Registers Shanghai Office

By Editors | 13/12/2020

A series of MOUs to deepen collaboration in financial services and innovation were announced at the 2nd Singapore-Shanghai Comprehensive Cooperation Council meeting on Friday.

Securities / Derivatives

NZ RegCo Launches as NZX’s Listed Markets Regulator

By Editors | 13/12/2020

The now stand-alone, independently-governed agency will perform all of NZX’s frontline regulatory functions, with its Board providing support.

Securities / Derivatives

SFC to Raise Competency Bar for Licensees, With Some Flexibilities

By Editors | 13/12/2020

Among the changes, the SFC proposes tougher requirements for advisers on Takeovers Code transactions, to address concerns about the poor quality of work in this area.

Securities / Derivatives

S&P DJI Announces Removal of Chinese Companies from Indices

By Editors | 13/12/2020

The move follows last month’s executive order prohibiting US persons from purchasing securities of companies identified as being owned or controlled by China’s military.

Market Infrastructure

Data Storage Rules: A Christmas Present From the SFC

By Derek McGibney | 11/12/2020

While the SFC’s new FAQs on the use of cloud storage make compliance more manageable, licensed corporations still need to weigh their options, says Derek McGibney at Cognitive GRC.

ESG / Sustainability

China to Ease Foreign Access to Domestic Green Finance Market

By Manesh Samtani | 11/12/2020

PBOC governor Yi Gang also said China will work to enhance its green finance standards, and explore the introduction of mandatory reporting of environmental risks by FIs.