SECURITIES / DERIVATIVES

    Securities / Derivatives

    BSEC Prepares to Allow Loss-making Startups to List on Bourses

    By Editors | 19/06/2022

    Rule changes will allow loss-making companies to determine their offer price premium based on projected business growth.

    Enforcement

    Malaysia SC Charges Former Investment Banker for Deception

    By Editors | 19/06/2022

    The former Hong Leong investment banker deceived four investors into investing in investment schemes that in reality did not exist, the SC said.

    Market Infrastructure

    HKEX to Host Preparatory Workshops for New FINI Platform

    By Editors | 17/06/2022

    HKEX will explain the API development requirements for the new IPO settlement platform, set to launch in June 2023.

    Capital / Liquidity

    TAIFEX to Launch OTC Derivatives Clearing Service Next Month

    By Editors | 17/06/2022

    The FSC has granted TAIFEX recognition as a QCCP ahead of the launch, which will boost capital efficiency for market participants.

    Securities / Derivatives

    Bank of China Issues First Notes Aligned to Updated CGT

    By Editors | 17/06/2022

    The Common Ground Taxonomy, first published in November by the EU and China, was updated following consultation.

    Market Infrastructure

    Japan to Finalise New Derivatives Reporting Regime Soon

    By Manesh Samtani | 17/06/2022

    The new regime will increase the reportable data elements, the number of reporting entities, and make event-based reporting to a trade repository mandatory.

    Securities / Derivatives

    China Regulators Issue Notice on Promoting Private Pensions

    By Darien Choong | 17/06/2022

    The notice encourages FIs to help individuals plan early for retirement and emphasises the need to improve income levels among the elderly.

    Capital / Liquidity

    HK Clearinghouses Adjusts Capital Requirement for GCPs

    By Editors | 16/06/2022

    General clearing participants have to maintain liquid capital of HK$100mn for their first five non-clearing participants, and HK$20mn for each additional non-clearing participant.

    AML / KYC

    SFC Fines China Everbright Securities for AML/CFT Violations

    By Editors | 16/06/2022

    Unrelated clients received deposits from the same third party within four days, and then used the funds to trade in the same stock.

    Market Infrastructure

    Japanese Tax System Derailing Tokyo Hub Ambitions: Report

    By Sanday Chongo Kabange | 16/06/2022

    The plan to reform the tax system to attract hedge funds to Tokyo has resulted in “preferential treatment no one would use.”

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