Securities / Derivatives

Vietnam to Shorten Securities Settlement to T+2

07/10/2015

Vietnam’s State Securities Commission has directed the Vietnam Securities Depository to shorten settlement time for transactions from the current three days to two.

CPMI Consults on Correspondent Banking Recommendations

07/10/2015

Consultative report on correspondent banking to include reviewing KYC utilities, use of LEI and information sharing.

APRA Grants $245Bn Liquidity Facility to Aussie Banks

07/10/2015

The Australian Prudential Regulation Authority has released aggregate results on the secured Committed Liquidity Facility that financial institutions have established with the Reserve Bank of Australia.

Securities / Derivatives

Thailand Consults on Foreign Investment Products

07/10/2015

Thailand’s Securities and Exchange Commission is seeking comment on draft rules for providing investment services in foreign currency denominated products also offered overseas.

Securities / Derivatives

Bangladesh Finalises Rules to Establish Clearing Corp

07/10/2015

The Bangladesh Securities and Exchange Commission has finalised draft rules to establish a separate company to perform clearing and settlement activities for both the bourses.

RBI Orders Corrective Action on State-Run Bank

07/10/2015

Indian Overseas Bank is required to improve internal controls and deal with mounting non-performing assets.

Hong Kong Terminates Plan for Dual-Class Shares

06/10/2015

The Stock Exchange of Hong Kong has terminated a plan to allow dual-class shares and other weighted-voting rights structures after objection from the Securities and Futures Commission.

S. Korea Eyes Listing of Foreign ETFs on Local Bourse

06/10/2015

The Korea Exchange has said that it will seek to list foreign ETFs on the local stock market to meet rising local demand for direct overseas investment.

ICE Clear Singapore Recognised as Third Country CCP

06/10/2015

Intercontinental Exchange has announced that ICE Clear Singapore has been recognised as a third-country central counterparty in accordance with the European Market Infrastructure Regulation.