SECURITIES / DERIVATIVES

Securities / Derivatives

SEBI Proposes to Allow Confidential Filings of IPO Documents

By Duruthu E Chandrasekera | 19/05/2022

SEBI is looking to incentivise more IPO listings by addressing concerns that information contained in IPO documents could be used by an applicant’s competitors.

Securities / Derivatives

China Signals End to Crackdown on Technology Companies

By Editors | 19/05/2022

Vice Premier Liu He suggested China will support the platform economy and improve its handling of relations with private companies.

Securities / Derivatives

China Stops Reporting Bond Trades by Foreigners – Report

By Editors | 18/05/2022

Daily trades by overseas investors have not been provided since 11 May, showing sizable net foreign outflows.

Market Infrastructure

TDCC to Operate Centralised Clearing Platform for Funds

By Darien Choong | 18/05/2022

Taiwan Depository Clearing Corp is will establish and operate a centralised domestic fund clearing platform.

Securities / Derivatives

NSE Launches First SGX Connect Product at GIFT City

By Editors | 18/05/2022

NSE IFSC-SGX Connect is expected to go fully live in July 2022, with the onboarding of SGX members.

Enforcement

Allianz to Pay $6bn to Settle Investor Fraud Cases

By Editors | 18/05/2022

Allianz Global Investors admitted that it violated the federal securities laws, and is disqualified from providing advisory services to US funds for ten years.

Market Infrastructure

Tokyo Bourse to Pilot Carbon Market in September

By Editors | 17/05/2022

The TSE has been commissioned to develop Japan’s first carbon credits market. Full-scale operations will be launched in FY2023-2024.

Securities / Derivatives

US Investment Banks Pause Work on New SPAC Deals

By Mark Johnston | 17/05/2022

New rules from the SEC have reportedly prompted Goldman, Bank of America and Citigroup to scale back their involvement in SPAC deals.

Market Infrastructure

HKEX Sets 13 June Launch Date for New VaR Platform

By Editors | 17/05/2022

The VaR Platform will replace the existing flat-rate model for calculation of margin and HKSCC Default Fund contributions.