Enforcement

CSRC Vows Cross-border Cooperation in Luckin Fraud Case

28/04/2020

The CSRC has been communicating with US regulators, looking to deepen cross-border cooperation to combat misconduct and fraud and to protect investors.

Securities / Derivatives

Shenzhen’s ChiNext Moves Closer to Market-based IPO System

28/04/2020

The new registration-based IPO system will simplify the months or years companies typically have to wait before listing their shares.

Securities / Derivatives

Malaysia Extends Short Selling Ban by Two Months

28/04/2020

The short-selling suspension will now last until 30 June 2020, to ensure to manage risks and mitigate any excessive speculative activities.

Market Infrastructure

China: Critical Technology Subject to Cybersecurity Review from 1 June

28/04/2020

The new regulations, jointly released by 12 government agencies, are not intended to restrict or discriminate against foreign products or services, an official said.

AML / KYC

Digital Identification in a Post-COVID World

28/04/2020

Social distancing has put KYC into sharp focus, with regulators reiterating their support for digital onboarding to ensure financial transactions are possible.

Securities / Derivatives

SEBI Defers Margin Framework, Halves Broker Turnover Fees

28/04/2020

In addition, the filing fees on offer documents for public issues, rights issue and share buybacks have been reduced by 50 percent.

Securities / Derivatives

RBI Opens New Liquidity Facility for Mutual Funds

27/04/2020

The move follows Franklin Templeton’s decision to freeze and wind up six of its mutual funds amid intense redemption and liquidity pressures, prompting contagion fears across the sector.

Securities / Derivatives

Bursa Malaysia Issuers to Offer Electronic Options to Shareholders

27/04/2020

Listed issuers will be required to offer shareholders electronic options to subscribe for rights shares, exercise convertible securities and participate in dividend reinvestment schemes.

BOJ Ramps Up Support for Bond Markets, Corporate Japan

27/04/2020

The BOJ has removed its bond-buying cap, more than doubled its limit on corporate debt purchases, and expanded the collateral banks can pledge to include household debt.