Securities / Derivatives

SSE Issues Rules to Curb Abnormal Trading on New Board

19/06/2019

The rules are aimed at preventing large market fluctuations, while maintaining market liquidity, the Shanghai Stock Exchange said.

Securities / Derivatives

HKEX Announces Launch of First Active ETF

19/06/2019

The introduction of active ETFs in Hong Kong is another step towards HKEX’s goal of becoming a hub for the issuance and trading of ETFs.

Market Infrastructure

Korea to Develop New Benchmark Interest Rate

19/06/2019

The FSC and BOK have formed a task force to develop a new benchmark interest rate and improve the current method of calculating the existing benchmark.

Market Infrastructure

IOSCO Urges Members to Review, Enhance Cyber Standards

19/06/2019

A new report from the IOSCO Cyber Task Force provides an overview of three internationally recognised cyber standards and frameworks used by IOSCO members.

Securities / Derivatives

UPDATED – S. Korea Moving to Paperless Securities in September

19/06/2019

South Korea’s Cabinet has approved an ordinance to introduce an electronic securities system for all listed stocks and bonds from 16 September.

Securities / Derivatives

SFC Warns FX Brokers Against Servicing Mainland Clients

18/06/2019

Licensed corporations and their controlling entities are asked to review the legality of the services they offer, and immediately discontinue “unauthorised or illicit activities”.

Market Infrastructure

Banks Making Progress on Compensation Practices: FSB

18/06/2019

Most banks now have compensation policies in place that reduce the potential for inappropriate risk-taking. The challenge now is to develop frameworks for assessing their effectiveness.

Market Infrastructure

GLEIF Welcomes FSB Recommendations to Improve LEI Adoption

18/06/2019

The Global Legal Entity Identifier Foundation will assess how to best align itself to respond and support the FSB’s aim of broader LEI adoption globally.

Market Infrastructure

CSRC, FCA Officially Launch Shanghai-London Stock Connect

18/06/2019

The Shanghai-London Stock Connect has opened for business, allowing listed companies in Shanghai and London to issue depositary receipts in each other’s markets.