United States

Trading & Investment

Thailand, China to Explore Market Connectivity Initiatives

By Editors | 05/10/2021

SEC and CSRC officials have agreed to explore the development and implementation of connectivity initiatives between their markets.

Conduct, Culture & Accountability

US SEC Moves to Boost Transparency on Proxy Votes

By ESG Investor | 03/10/2021

The proposed rule changes will make it easier for asset owners to see how asset managers are voting at AGMs.

Trading & Investment

CFTC Penalises Interactive Brokers Over Negative Oil Prices

By Editors | 02/10/2021

Interactive Brokers was penalised for not adequately preparing for and configuring its electronic trading system to recognise negative prices on 20 April 2020.

CBDCs

BIS Turns Attention to Practical Issues of Retail CBDC

By Editors | 30/09/2021

The BIS and seven central banks have published three new reports exploring practical policy and implementation issues of general purpose CBDCs.

Clearing & Post-Trade

Open Letter from FPIs to SEBI on T+1 Settlement

By Editors | 30/09/2021

ASIFMA, Asia TraderForum and The Investment Association have issued an open letter on behalf of FPIs asking SEBI to delay implementation of T+1 settlement.

Anti-Money Laundering

US DOJ Links Singapore, Hong Kong to Tax Evasion Case

By Editors | 30/09/2021

An unsealed indictment shows that six individuals and a Swiss firm used accounts in Singapore and Hong Kong to help US clients evade taxes from 2009 to 2014.

Structural Regulation

ISDA to Change BSBY, Ameribor Fallback Language

By Manesh Samtani | 30/09/2021

The FCA said the current fallback language for credit sensitive rates puts market participants at risk of breaching their obligations under BMR.

Reporting & Disclosures

SEC Issues Climate Reporting ‘Wake-Up Call’ to Listed Companies

By ESG Investor | 29/09/2021

Letters from the SEC covering topics such as materiality demonstrate the agency’s commitment to climate, says Aniket Shah at Jefferies.

Structural Regulation

PCAOB Adopts Rule on Delisting ‘Non-compliant’ Chinese Firms

By Sanday Chongo Kabange | 29/09/2021

The new rule could result in mass delistings of Chinese companies from the US market in 2024 unless the PCAOB is granted access to inspect Chinese audits.