Securities / Derivatives

Bangladesh Introduces Unusual Circuit Breaker Mechanism

23/03/2020

Individual stocks will not be allowed to fall below their average closing prices of the preceding five days, and trading is curtailed to just three hours a day.

Market Infrastructure

Hong Kong Introduces Legislation to Enhance Regulatory Framework for Insurers

23/03/2020

The bills provide a regulatory regime for insurance-linked securities, expand the scope of insurable risks of captive insurers, and empower the IA to regulate insurers at the group level.

SC Malaysia Grants Regulatory Flexibilities to Market Participants

23/03/2020

The deadlines for market participants to comply with regulatory requirements relating to submissions and training requirements have been extended.

Securities / Derivatives

EU, US, UK Authorities Grant Relief on Call Recording Rules

23/03/2020

ESMA, the CFTC and the FCA have each indicated that financial firms can consider alternative mitigating steps in circumstances where call recording with clients is not possible.

Securities / Derivatives

SEBI Tightens Short-selling, Margin Rates to Curb Volatility

23/03/2020

SEBI is hoping to rein in speculation by reducing the position limits and raising margin rates in equity and debt derivatives.

Capital / Liquidity

RBNZ Announces Bond Buying Programme, Other Measures

22/03/2020

The latest measures include a NZ$30bn bond-buying programme, a new term lending facility for banks, and additional liquidity to support funding markets.

Australia Adjusts Regulatory Settings on Responsible Lending

22/03/2020

Six-month exemptions from responsible lending obligations are available to lenders that provide credit to existing small business customers.

Securities / Derivatives

TWSE Launches New Continuous Trading System for Equities

22/03/2020

Traders reportedly worry that the change-over could add to recent volatility. Meanwhile, a short-selling ban on certain stocks has been in place since Friday.

UPDATED – BOT Announces Emergency Rate Cut, Other Measures

22/03/2020

The central bank says the rate cut will have a greater impact if FIs take an active role to address borrowers’ liquidity problems and accelerate debt restructuring.