Securities / Derivatives

Sanctions

US Lawmakers Propose Four New Anti-China Bills

By Editors | 03/04/2024

One bill would prevent index funds from investing in Chinese companies. Another would require listed companies to disclose their “China risks”.

Enforcement

Korean Banks Start Compensating Investors for HSCEI-Linked Losses

By Editors | 03/04/2024

KB Kookmin, Shinhan, Woori, Hana, NH NongHyup, StanChart, and Citibank all agreed to follow compensation guidelines issued by the FSS last month.

Securities / Derivatives

FSC Korea Unveils Incentives for ‘Corporate Value-up Programme’

By Editors | 03/04/2024

Companies that improve their corporate governance structures may receive exemptions from Korea’s stringent auditor designation requirements.

Securities / Derivatives

SEBI Launches Upgraded Complaint Redressal Platform

By Ajoy K Das | 03/04/2024

SCORES 2.0 makes the investor complaint redress mechanism more efficient by allowing auto-routing and auto-escalation of complaints.

Securities / Derivatives

BOK Forms Work Group to Promote Greater Use of KOFR

By Manesh Samtani | 03/04/2024

Policymakers and industry participants are concerned that the widely-used CD rate may not be recognised internationally in the future.

Securities / Derivatives

Shanghai, Shenzhen Refine Rules for Asset-backed Securities

By Editors | 02/04/2024

The rules enhance the information disclosure and credit risk management requirements, and improve protections for investors.

Securities / Derivatives

RFMCs Have Until 30 June to Apply for New LFMC Licences: MAS

By Nithya Subramanian | 02/04/2024

RFMCs have a three-month window to apply to transition to the LFMC regime, following which the RFMC regime will be repealed on 1 August.

AML / KYC

MAS Proposes to Require Market Operators to Conduct AML/CFT Checks

By Nithya Subramanian | 01/04/2024

The checks would have to be performed on non-FI market participants that trade directly on organised markets without going through capital market intermediaries.

Securities / Derivatives

Bangladesh Extends Deadline for Higher Provisions on Unrealised Losses

By Ajoy K Das | 01/04/2024

The extension was granted in response to fears that provisioning requirements based on the International Accounting Standards could lead to forced selling in the market.