Enforcement

SEBI to Only Accept Complaints through Online Platform

12/08/2020

SEBI’s web-based centralised grievance redressal system known as SCORES has been in operation for 9 years. A new mobile app was launched in March.

Securities / Derivatives

Malaysia SC Increases Gearing Limit for M-REITs

12/08/2020

The increase is temporary to provide Malaysian REITs greater flexibility to manage cash flows and debt and capital structures more efficiently.

AML / KYC

New Zealand FIU Boasts ‘Excellent Outcomes’ in June

12/08/2020

June saw the restraint of NZ$140mn from alleged money launderer Alexander Vinnik and the seizure of over 30 high-end cars from outlaw motorcycle gangs.

Securities / Derivatives

Chinese Firms Continue to Seek US Listings Ahead of New Rules

12/08/2020

Chinese companies already listed on US bourses will have until 1 January 2022 comply with tougher IPO standards. New listings will have to comply sooner.

Securities / Derivatives

China to Deepen Financial Sector Opening-up Despite Worsening US Ties

12/08/2020

PBOC governor Yi Gang says China will continue to open up its financial sector in line with the phase one trade deal signed with the US in January.

Securities / Derivatives

CSRC Revises Rules on Corporate Bond Issuance, Trading

11/08/2020

One of the main changes is the removal of a requirement for bond issuers to seek credit ratings, which will make it easier for companies to sell debt securities.

Securities / Derivatives

IOSCO Outlines Key Elements of Effective Market Making Programmes

11/08/2020

The key elements may help promote the provision of liquidity, strengthen investor confidence, and foster fair and efficient markets, IOSCO says.

Securities / Derivatives

SGX Announces Upcoming Launch of 13 New Equity Futures Contracts

11/08/2020

The new futures contracts are based on net total return and price return indices calculated by FTSE Russell, covering regional as well as single country benchmarks.

AML / KYC

China Imposes Reciprocal Sanctions Against US Officials

10/08/2020

“China has decided to impose sanctions on those individuals who behaved badly on Hong Kong-related issues,” said a spokesperson, without specifying what the sanctions would entail.