Securities / Derivatives

Securities / Derivatives

Korea Issues Standards for Evaluating Accounting Management Systems

By Editors | 04/01/2024

The FSS issued evaluation and reporting standards and new guidelines for listed companies’ internal accounting management systems.

Securities / Derivatives

AllianceBernstein Wins Approval to Launch China Funds Business

By Editors | 04/01/2024

The approval makes AllianceBernstein the fifth foreign-owned asset manager to win authorisation to start operating mutual funds in China.

Securities / Derivatives

Korea’s FSC Charts Plan to Enhance Public Funds Market

By Nithya Subramanian | 04/01/2024

The goal is to reduce transaction costs, strengthen product appeal, and increase transaction convenience.

Big Picture

Early Testing Will Be Key to Derivatives Reporting Compliance

By Manesh Samtani | 04/01/2024

DTCC’s Chris Childs and Priya Kundamal say there is no replacement for early testing to ensure data and reporting systems are fit for purpose.

Securities / Derivatives

China Adopts Company Law Revisions to Improve Governance

By Editors | 03/01/2024

The revised Company Law, which takes effect from 1 July 2024, improves protections for small and medium-sized shareholders.

Securities / Derivatives

SFC Sets Out Trigger Events Requiring Disclosure by ETF Managers

By Editors | 03/01/2024

The circular lists examples of events that may trigger ongoing disclosure requirements by management companies of ETFs.

Securities / Derivatives

RBI Issues Draft Directions on Bonds Forwards in G-Secs

By Ajoy K Das | 03/01/2024

Resident and non-residents who are eligible to invest in government securities will also be eligible to undertake bond forward transactions.

Securities / Derivatives

RBI Issues New Rules for Financial Benchmark Administrators

By Ajoy K Das | 02/01/2024

Financial benchmark administrators operating in India must seek authorisation from the RBI within three months.

Enforcement

FSS Korea Fines BNK Kyongnam Bank for Employee Misconduct

By Sanday Chongo Kabange | 02/01/2024

Former branch manager opened a securities account using his mother-in-law’s name and forged signature, and used it to place 193 stock trades.