Securities / Derivatives

RBI Permits Gift City Trading of Rupee Derivatives

21/01/2020

The move will help address demands from overseas participants for the availability of better tools to hedge India exposures.

Securities / Derivatives

Vietnam to Tighten Bond Issuance Rules Amid Overheating Market

21/01/2020

The draft rules require that separate bond issuances be at least six months apart, and that issuers limit their issuances to three times capital.

Capital / Liquidity

Indonesia to Raise Core Capital Requirement for Banks – Report

21/01/2020

The OJK wants all lenders to have a minimum core capital of 3tr rupiah by 2022. About half of Indonesian banks will be affected.

Securities / Derivatives

SET Unveils Three Pillar Growth Strategy for 2020

21/01/2020

The SET will look to set up trading links with Cambodia, Laos, Myanmar and Vietnam this year, expecting much of its growth to be driven by offshore-related investment products and IPOs.

BNM Sets Out Expectations for Developmental Financial Institutions

21/01/2020

BNM has set out its expectations for DFIs’ business plans and funding requirements, to enable them to achieve greater developmental outcomes and support the private sector.

Securities / Derivatives

Philippine Regulators Ease REITs Rules with New Framework

21/01/2020

The new rules remove stringent tax and minimum public ownership requirements under a 2009 law that prevented the rise of REITs in the Philippine capital market.

Securities / Derivatives

SEBI Mandates Additional Disclosures for Debt Securities

21/01/2020

Under the new format, listed companies need to disclose deviations in the use of debt issuance proceeds from the objects stated in their offer documents.

Capital / Liquidity

HK Banks Pledge Continued Leniency for SME Borrowers

21/01/2020

At the second meeting of the Banking Sector SME Lending Coordination Mechanism, established in October, banks agreed to a number of additional measures to aid SME borrowers.

Enforcement

CSRC Lifts Citadel Securities’ 4-Year Trading Suspension

21/01/2020

Citadel Securities has agreed to pay almost $100mn to settle charges that its algorithmic trading disrupted the market during the 2015 market correction.