Securities / Derivatives

Securities / Derivatives

SFC Consults on Revisions to Takeovers and Share Buy-back Rules

By Editors | 21/05/2023

This includes a proposal to add a new rule to give an offeror and an offeree company the option to despatch Codes documents by electronic means.

Securities / Derivatives

HKEX Announces Launch Date for HKD-RMB Dual Counter Model

By Editors | 21/05/2023

The HKD-RMB Dual Counter Model will launch on 19 June 2023. HKEX is now accepting applications for Dual Counter Market Makers.

Securities / Derivatives

WFE Highlights Challenges of Measuring CCP Margin Procyclicality

By Editors | 20/05/2023

The significant uncertainty in measurements means procyclicality mitigation tools can be miscalibrated, inefficient, or detrimental.

Securities / Derivatives

SEBI Consults on Corporate Governance Enhancements for AIFs

By Mark Johnston | 20/05/2023

SEBI proposes amendments to borrowing, leverage, custody and tenure rules for AIFs.

Securities / Derivatives

SEBI to Allow Direct Client Participation in Tri-party Repo Segment

By Mark Johnston | 20/05/2023

SEBI proposes to allow NBFCs, insurance companies, and mutual funds to directly participate in the tri-party repo segment of the corporate bond market.

Fintech / Regtech

34 FIs Have Joined Swift Service for Addressing Settlement Fails

By Editors | 19/05/2023

The service leverages the UTI to link all Swift messages related to the same securities settlement flow in a transaction chain.

Securities / Derivatives

SEBI to Tweak Definitiion of ‘Unpublished Price Sensitive Information’

By Editors | 19/05/2023

SEBI’s amendments aim to improve transparency in the capital market and ensure timely and accurate disclosure of material events or information by listed entities.

Enforcement

SFC Fines Brokerage for Negligence During Share Placement

By Editors | 19/05/2023

China On Securities used incorrect prices in contract notes and transferred shares to placees without first requiring payment.

Securities / Derivatives

How Super Funds Are Bolstering Trust in Their Valuations

By Manesh Samtani | 18/05/2023

S&P Global’s Peter Alleston says trust in the superannuation industry relies on timely, transparent, accurate and reliable valuations, particularly for unlisted assets.