Securities / Derivatives

Securities / Derivatives

HKEX Signs Beijing, Ningbo MoUs to Boost New Listings

By Manesh Samtani | 30/06/2023

The MoU with Beijing Stock Exchange will support cross-listings. The Ningbo MoU will support Ningbo-based companies in listing in Hong Kong.

AML / KYC

SEBI Approves Shorter IPO Timeline, New FPI Disclosures

By Editors | 29/06/2023

IPOs can list within three days instead of the current six days. FPIs will have to disclose additional information on ownership and control.

Securities / Derivatives

SFC to Further Enhance Market Connectivity With Mainland

By Manesh Samtani | 28/06/2023

SFC chief Julia Leung said at an ASIFMA event that new Mainland-based derivatives contracts will be launched in Hong Kong.

Securities / Derivatives

Philippines Launches Dollar-Peso Cross Currency Swap Market

By Editors | 28/06/2023

Dollar-peso cross currency swaps involve a Philippines peso fixed rate and a SOFR-based US dollar floating swap.

Securities / Derivatives

HKEX Says New IPO Settlement Platform Will Launch in October

By Manesh Samtani | 28/06/2023

HKEX has completed external user testing for the launch of FINI, which will shorten IPO settlement times from five to two days.

Market Infrastructure

ASX CHESS Replacement Project Under Continued Scrutiny

By Sanday Chongo Kabange | 28/06/2023

ASIC chair Joe Longo said ASX had an “engagement problem” and that officials were working to boost oversight of the CHESS replacement project.

Big Picture

China Pension Market Growth Depends on Regulation Reforms – Report

By Manesh Samtani | 28/06/2023

ASIFMA and KPMG said in a joint report that China’s pension system reforms will create new opportunities for global asset managers.

Market Infrastructure

SEBI to Introduce ‘UPI Block Facility’ for Equity Trading

By Editors | 26/06/2023

The facility allows investors to use blocked funds in their bank accounts for trading, instead of transferring them to the stock broker upfront.

Securities / Derivatives

IOSCO Seeks Feedback on Goodwill to Improve Accounting Standards

By Ranamita Chakraborty | 26/06/2023

Feedback received will play a crucial role in shaping IOSCO’s recommendations for regulators, auditors, issuers, and those responsible for governance.