Securities / Derivatives

S.Korea FSS Expands Inspections at Brokerages

11/05/2018

The FSS will carry out on-site inspections at 32 brokerages and Koscom, following dividend error which saw Samsung Securities issue $100bn in ‘ghost stocks’ last month.

Capital / Liquidity

S.Korea to Tighten Supervision on Financial Conglomerates

11/05/2018

Tighter regulations will apply to financial affiliates of five major conglomerates Samsung, Hyundai Motor, Hanwha, Lotte and DB, as well as affiliates of Kyobo Life Insurance and Mirae Asset Daewoo.

AML / KYC

ACAMS 2018: Rising to the Financial Crime Challenge

09/05/2018

Recently in Hong Kong, ACAMS brought financial industry participants to discuss action to combat financial crime. Progress on regulation, advancements in technology and FIs’ willingness to do their part are making all the difference.

Capital / Liquidity

China May Impose New Rules on Financial Holding Companies – Report

09/05/2018

Companies like Ant Financial, Citic Group and China Everbright Group may for the first time be required to obtain licences and meet capital requirements, reported Bloomberg.

Securities / Derivatives

CSRC Consults on Rules for Foreign Ownership in Securities Firms

09/05/2018

Foreign majority shareholders must be reputable financial institutions with three year track record; Nomura becomes the latest to seek establishment of majority owned joint venture securities firm in China.

Securities / Derivatives

SEBI Extends Trading Hours for Equity Derivatives

09/05/2018

The move will align trading hours of equity derivatives with commodity derivatives, effective 1 October, when individual Indian exchanges are also set to integrate stock and commodity trading.

Market Infrastructure

China Bourses to Acquire 25pc of Dhaka Stock Exchange

09/05/2018

Shanghai, Shenzhen exchanges will assist the DSE with trading technology, market cultivation, and product development as part of the USD111.6 million deal.

Market Infrastructure

Fintech a Key Enabler for Financial Firms – DTCC

07/05/2018

Markets safer and more resilient 10 years post-GFC, but regulatory complexities and rapidly-changing risk landscapes persist as challenges to the industry.

Market Infrastructure

China Issues Draft Rules for Depository Receipt Issuance

07/05/2018

Rules include requirements related to investor protection, information disclosures; Shanghai-London Stock Connect to allow cross listings of depository receipts.