Securities / Derivatives

Sri Lankan Bourse Reopens to Trading Halts After 7-week Haitus

14/05/2020

The Colombo Stock Exchange opened for trading for the first time in seven weeks on Monday, triggering trading halts on its new circuit breaker mechanism.

Securities / Derivatives

SGX Probes Societe Generale Over Timeliness of Disclosure

14/05/2020

As a goodwill gesture, SocGen will extend a one-off payment to investors who suffered losses trying to short-sell Singapore Airlines with daily leverage certificates.

Capital / Liquidity

Bangladesh Restricts Dividend Payments by Banks

14/05/2020

It is necessary to maintain the cash flow by strengthening the banks’ capital during the coronavirus pandemic, Bangladesh Bank said.

Market Infrastructure

RBNZ Announces Expansion of Asset Purchase Programme

14/05/2020

The RBNZ’s bond-buying programme will be capped at NZ$60bn, up from the NZ$33bn announced in March. Government inflation-indexed bonds are also now included.

Securities / Derivatives

Trump Orders Federal Pension Fund to Halt Plans to Invest in China

13/05/2020

The Federal Retirement Thrift Investment Board had planned to benchmark its international exposures to an MSCI index that would channel up to $4.5bn into Chinese equities.

Market Infrastructure

HKMA Launches ‘Greenness’ Assessment Framework

13/05/2020

Around 50 AIs will initially be expected to complete the assessment for end-2019 within 12 weeks. Other AIs are encouraged to reflect on their readiness to address climate and environmental risks.

Fintech / Regtech

MAS, SFA, AMTD Jointly Launch S$6m ‘FinTech Solidarity Grant’

13/05/2020

Fintechs can apply for a one-time grant to cover daily working capital expenses, or for funding to cover proofs-of-concept developed with financial institutions on APIX.

AML / KYC

SEBI Names Entities That Can Authenticate Aadhaar for e-KYC

13/05/2020

Intermediaries and mutual fund distributors that want to use Aadhaar authentication services for e-KYC are required to enter into an agreement with one of the eight entities named.

Enforcement

CBIRC Fines Eight Banks Over Poor Quality of Reported Data

13/05/2020

The banks were each fined between 1.6mn and 2.7mn yuan for underreporting information on certain transactions, wealth management products, and credit asset transfers.