Securities / Derivatives

Thailand’s SEC Proposed to Raise Fees on Futures Trading

15/09/2020

The SEC wants to replace the annual fixed fee charged to the TFEX with a per-contract fee, which could more than triple the cost to the futures bourse.

Fintech / Regtech

BSP Launches Digital Payment Platform for Retail Transactions

14/09/2020

The New Order of Payment System, or NOPS, is a secure web-based system that offering various channels through which payments can be made to the BSP.

Securities / Derivatives

Taiwan Central Bank Denies Ordering Traders to Limit US Dollar Sales

14/09/2020

The central bank said the directions to traders were aimed at facilitating the smooth flow of the local foreign exchange market, and that it respects bid-offer practices in the FX market.

Securities / Derivatives

SEBI Directs Multi Cap Funds to Raise Exposure to Smaller Stocks

14/09/2020

New guidelines will force multi cap funds to dump large cap stocks in favour of small- and mid-cap stocks by January 2021.

Market Infrastructure

Taiwan Banks Urged To Offer Bilingual Financial Services

14/09/2020

The FSC is encouraging all banks to set up bilingual branches and enhance the English proficiency of their staff members as part of its efforts to become a regional financial hub in Asia.

Enforcement

HK Police Arrest 15 on Stock Manipulation Suspicions

10/09/2020

Police believe the 15 individuals manipulated the stock price of Next Digital after its owner Jimmy Lai was arrested last month.

Securities / Derivatives

ASIC Defers New Fee Disclosure Obligations Two Years to 2022

10/09/2020

Superannuation funds and managed investment scheme issuers will now have until September 2022 to comply with fee and cost disclosure requirements.

Enforcement

Bursa Malaysia Suspends Prop Trader For Order Book Manipulation

10/09/2020

The trader placed buy orders at multiple price levels to induce other participants into the market and facilitate his own disposal of the shares at higher prices.

Securities / Derivatives

SEBI Revises Mutual Fund Side Pocketing Standards

08/09/2020

Previously, only debt securities downgraded below investment grade can be side pocketed. Side pocketing will be allowed for even higher-rated debts that are restructured due to Covid-19.