Securities / Derivatives

ESG / Sustainability

TWSE Adds Climate Risk to Disclosure Rules for Listed Companies

By Editors | 20/01/2020

Listed companies are required to disclose information on their governance of climate-related risks and opportunities, and the actual and potential impacts of their activities on climate.

Enforcement

MAS Issues First Penalty for Shareholder Disclosure Breach

By Editors | 20/01/2020

An investor was fined S$200,000 for failing to disclose that he had become a substantial shareholder in a Catalist-listed company, and for subsequent disclosure rule breaches.

Enforcement

SEBI Exonerates Nine in NSE ‘Dark Fibre’ Case – Reports

By Editors | 17/01/2020

SEBI said there was no evidence to suggest the nine former and current NSE officials were involved in facilitating preferential market access for selected brokers.

ESG / Sustainability

Hong Kong, Thailand Set to Sign Cross-Border Funds Agreement

By Editors | 17/01/2020

Hong Kong’s SFC and Thailand’s SEC plan to sign a mutual recognition of funds agreement within the second quarter of this year.

ESG / Sustainability

HKMA Urges Family Offices to Set Up in Hong Kong

By Editors | 17/01/2020

The HKMA has been working to enhance Hong Kong’s competitiveness as a family office hub by developing talent, enhancing investment opportunities, and outreach.

Securities / Derivatives

CBIRC to Impose New Rules on Cash Management Products

By Editors | 16/01/2020

The rules will require banks’ cash management products to invest in shorter duration assets and limit leverage to 120%, among other requirements.

Market Infrastructure

Trade Deal to Enable Early Entry of US Firms to China

By Manesh Samtani | 16/01/2020

Under the agreement, the December timeline for China’s removal of foreign ownership limits in the securities sector is brought forward to April.

Securities / Derivatives

SGX Proposes Tighter Auditing, Property Valuation Standards

By Editors | 16/01/2020

Foreign issuers may appoint foreign auditors, but an ACRA-registered firm must also serve as a joint auditor. Standards for property valuations by issuers are also being raised.

Market Infrastructure

ISDA Chief Calls for Certainty on China Close-out Netting

By Manesh Samtani | 16/01/2020

The lack of legal certainty and judicial recognition on close-out netting can impede capital market development in China, impacting domestic FIs the most, ISDA’s Scott O’Malia said.