SECURITIES / DERIVATIVES

Capital / Liquidity

HKEX, Banks Working to Enhance Market Attractiveness – Report

By Manesh Samtani | 16/08/2023

Measures discussed include scaling back the stamp duty, and introducing cross margin arrangements to lower margin financing costs.

Securities / Derivatives

Cambodia, Laos to Collaborate on Securities Market Development

By Mark Johnston | 15/08/2023

Cambodia, Laos securities market regulators agree to collaborate to develop the securities markets in their respective countries.

Securities / Derivatives

SEBI Seeks Feedback on Revised Delisting Norms

By Mark Johnston | 15/08/2023

SEBI issued a consultation paper seeking public comments on reviewing the current delisting norms for listed companies.

Market Infrastructure

Shanghai, Shenzhen Bourses Pledge Measures to Stimulate Markets

By Editors | 15/08/2023

The measures are designed to stimulate market vitality, enhance transaction convenience and smoothness, and continuously improve market attractiveness.

Market Infrastructure

DTCC Kicks Off T+1 Settlement Testing Programme

By Editors | 15/08/2023

The testing programme was designed to support full end-to-end testing of the various processes impacted by the T+1 functional changes.

Enforcement

UBS Settles RMBS-related Misconduct Lawsuit for Over $1.4b

By Editors | 15/08/2023

The settlement brings the total amount of civil penalties paid by firms for failed RMBS leading up to the 2008 financial crisis to over USD 36 billion.

Securities / Derivatives

SEBI Reduces Investor Exit Window for AMC Change in Control

By Editors | 14/08/2023

The exit option window period is reduced from 30 to 15 calendar days after a change in control of the AMC is announced.

Securities / Derivatives

New Rules Could Force a Third of China’s Hedge Funds to Close

By Editors | 14/08/2023

Almost 35,000 hedge fund products in China will fall under the new CNY 10 million minimum asset requirement set to take effect in September.

Crypto / Digital Assets

MUFG, NTT Data Announce Partnership on Digital Corporate Bonds

By Editors | 14/08/2023

NTT Data will connect its corporate bond issuance infrastructure directly to MUFG’s Progmat platform for issuing security tokens.