Market Infrastructure

SEBI Mulls Allowing Indian Firms to List Shares Overseas

13/06/2018

Securities regulator considering allowing Indian firms to directly list equity abroad and foreign firms to list in India.

Securities / Derivatives

China Eases QFII, RQFII Restrictions

13/06/2018

China removes 20% redemption caps and the three-month lock-in period for QFII and RQFII investors, making it easier for foreign investors to move funds out of China.

Market Infrastructure

Australia Completes Financial Benchmark Reform

13/06/2018

Reform process completed with the passage of a licensing regime for financial benchmarks as well as new calculation methodology for key interbank rate.

Securities / Derivatives

NSE Launches Tri-party Repos on Corporate Bonds

13/06/2018

Tri-party repo will facilitate greater secondary market liquidity in the India’s corporate bond market; platform will initially allow basket repos with maturities between one and seven days.

Market Infrastructure

China Consults on Financial Sector Foreign Investment Caps Removal

11/06/2018

CBIRC says it will on remove caps on foreign investment in domestic banks and asset management companies and do away with special rules for foreign investors in China.

Capital / Liquidity

South Korea Consults On New Bank Capital Rules

11/06/2018

Korean FSS consulting to improve bank capital regime by tweaking risk weights on some loans and fine-tuning asset classification rules on restructured firms.

Capital / Liquidity

RBI Continues to Allow Banks to Spread Bond Losses Over Four Quarters

11/06/2018

RBI has allowed banks to spread bond trading losses incurred in the April-June quarter over four quarters, but changes rules on valuation of state government debt.

Securities / Derivatives

SEBI Probes Leaked List of Companies Under Enhanced Surveillance

11/06/2018

SEBI alleged that a list of 37 companies that were under the regulator’s Additional Surveillance Measure was leaked before the public announcement was made by the BSE.

Securities / Derivatives

UPDATED – China Allows CDR Listing On The Mainland

11/06/2018

China’s securities regulator released rules for the issuance of China Depository Receipts, allowing overseas listed firms to access domestic investors; Xiaomi becomes first applicant for CDR listing.