United States

Securities / Derivatives

Chinese Firms Asked to Prepare Audit Documents for US Regulators

By Editors | 23/03/2022

US-listed companies including Baidu, JD.com and Alibaba have reportedly been asked by Chinese regulators to prepare audit documents for US regulators.

ESG / Sustainability

US Climate Reporting Framework “Strikes a Good Balance”

By ESG Investor | 23/03/2022

The framework has been welcomed by investors, though Commissioner Hester Peirce warned it will undermine the existing regulatory framework.

ESG / Sustainability

US SEC Proposes to Phase In Mandatory Climate Disclosures

By Manesh Samtani | 22/03/2022

The SEC proposes that the first climate-related disclosures would be made by larger companies in 2024, for the fiscal year 2023.

Securities / Derivatives

Eurex Sets Launch Date for Expansion of KRX Link

By Editors | 20/03/2022

International investors will be able to trade KOSPI 200 options with weekly expiries outside Korean trading hours via Eurex from 28 March.

Crypto / Digital Assets

CFTC Consults on Crypto Derivatives Model Proposed by FTX

By Mark Johnston | 19/03/2022

Under the proposed model, customers would have to post margin to open a position, and the margin level will be recalculated every 30 seconds as positions are marked to market.

Securities / Derivatives

Thai SEC, World Bank Partner on Capital Markets Development

By Editors | 18/03/2022

The study will help the SEC ensure the capital market is responsive to the needs of investors and serves as a key mechanism to drive the economy towards sustainable growth.

AML / KYC

US Omnibus Bill Grants FinCEN 27pc Budget Increase

By Mark Johnston | 18/03/2022

The additional budget is to allow FinCEN to respond to the situation in Ukraine, including expenses foreign government personnel to attend meetings and training.

AML / KYC

US Treasury, DOJ Launch Global Task Force to Target Russian Assets

By Manesh Samtani | 17/03/2022

FinCEN is meanwhile taking steps to boost cooperation with the FIUs of Australia, Canada, France, Germany, Italy, Japan, New Zealand, the UK , and the Netherlands.

Securities / Derivatives

China to Concede to US Regulators on Audit Supervision Issue

By Mark Johnston | 17/03/2022

Chinese regulators plan to allow some companies to provide some audit information to the PCAOB, and provide additional clarity on what information can and cannot be disclosed overseas.