Securities / Derivatives

Securities / Derivatives

UK Seeks to Undo EU Restrictions on Short-Selling Gilts

By Editors | 13/07/2023

HM Treasury proposes to eliminate EU-mandated rules that govern investors’ short positions in government debt and credit-default swaps.

Securities / Derivatives

Hong Kong SFC Bans Former RaffAello Officer over IPO Sponsor Failures

By Ranamita Chakraborty | 12/07/2023

The Securities and Futures Commission (SFC) found that a former responsible officer and sponsor principal at a financial advisory firm had “failed to exercise due skill, care and diligence” in handling a listing application.

Big Picture

Collateral Use Can Introduce Financial Stability Risks: BIS Officials

By Manesh Samtani | 12/07/2023

Using collateral reduces incentives for borrower screening and monitoring and can undermine the safe haven status of government securities.

Market Infrastructure

UK to Reverse MiFID II Research Unbundling Rules

By Manesh Samtani | 12/07/2023

The move is aimed at enhancing the appeal of the UK’s financial services sector and foster a more vibrant and competitive research environment.

Market Infrastructure

IDX Explores Dual-Listing Options With Global Exchanges

By Sanday Chongo Kabange | 12/07/2023

IDX is exploring the feasibility of cross-listings in Singapore, Hong Kong, Malaysia, South Korea and London.

Securities / Derivatives

SEBI Issues New Disclosure Rules for Debt Issuers

By Sanday Chongo Kabange | 11/07/2023

SEBI says the new rules seek to minimise multiple filings of documents by issuers of debt securities.

Securities / Derivatives

PCAOB Commences New Round of Audit Inspections in Hong Kong

By Editors | 11/07/2023

The PCAOB is reviewing audit reports of about a dozen New York-listed Chinese companies – all clients of PwC, EY and Deloitte.

Securities / Derivatives

SEBI Fines Fidelity Unit for Breach of FPI Regulations

By Ranamita Chakraborty | 10/07/2023

SEBI says Fidelity failed to provide updates on material information and engaged in trading activities without a valid registration as a foreign portfolio investor.

Capital / Liquidity

China Cuts Public Offering Funds Fee Rate

By Jill Wong | 10/07/2023

A CSRC work plan has capped management fees at 1.2 percent and custodian fees at 0.2 percent per annum.