Securities / Derivatives

SAFE Approves Three Brokers for Interbank FX Trading

09/09/2019

Citic Securities, Huatai Securities and China Merchants Securities are allowed to conduct interbank forex business both on a proprietary basis and on behalf of clients.

Securities / Derivatives

HKEX Recovers from Derivatives Market Outage

06/09/2019

Derivatives trading was suspended on Thursday due to software issues in HKEX’s vendor supplied trading system, which “have now been isolated”.

Market Infrastructure

China P2P Lenders Ordered to Share Data with Credit Bureaus

06/09/2019

The move is part of a broader crackdown on irregular practices and risks in the P2P sector, and will provide greater protection to investors in online lending platforms.

Securities / Derivatives

FSC Korea to Ease Major Shareholder Notification Rule

06/09/2019

Institutional investors will be exempt from disclosing major shareholding changes when exercising their rights to remove law-breaking executives or to push for improved governance.

Securities / Derivatives

RBI Task Force Urges Development of Secondary Market for Loans

05/09/2019

The task force recommends easing rules for loan asset securitisation, and to allow secondary market participation from funds and insurers.

Market Infrastructure

Thailand to Digitise Capital Market Processes with DLT

05/09/2019

The project aims to reduce the documentary procedures required in processes related to share issuances and offerings, securities registration, settlement and delivery, and KYC.

Capital / Liquidity

SBV Lists Criteria for Assuming Control of Troubled Banks

05/09/2019

The State Bank of Vietnam has issued a circular outlining seven conditions under which it will impose ‘special control’ over credit institutions.

Securities / Derivatives

Sri Lanka Proposes Easing of Stock Market Listing Criteria

05/09/2019

Companies will no longer be required to have three years of consecutive profits to list on the main board of the Colombo Stock Exchange.

MAS Proposes New Format for Reporting Financial Advisor Complaints

05/09/2019

Collecting data in a machine-readable format will increase efficiency by removing the need for manual processes and reducing the risk of human errors, MAS says in a consultation paper.