SECURITIES / DERIVATIVES

Securities / Derivatives

CFFEX Halves Settlement Fees in Financial Futures Markets

By Editors | 31/12/2021

Settlement fees for stock index futures and government bond futures will be halved in 2022. Further enhancements are planned in the year ahead.

Capital / Liquidity

CBIRC Finalises Liquidity Management Rules for WMPs

By Darien Choong | 30/12/2021

The rules emphasise the integration of liquidity risk management throughout the entire process of wealth management business operations.

Securities / Derivatives

SGX Grants In-principle Approval for Two SPAC Listings

By Editors | 30/12/2021

Temasek-backed Vertex Venture Holdings and Tikehau Capital have received eligibility-to-list letters from SGX following their SPAC listing applications.

Market Infrastructure

MAS Unveils Initiatives to Open Access to China ETFs, Bonds

By Editors | 29/12/2021

SGX and SZSE have signed an MoU to establish an ‘ETF Connect’ mechanism. SGX is also in discussions with CFETS to establish bond market connectivity.

Securities / Derivatives

CSRC Drafts New Rules for Domestic Firms Seeking Overseas IPOs

By Manesh Samtani | 29/12/2021

Companies seeking overseas listings, including those with VIE structures, will have to first register with the CSRC. International banks underwriting such listings must also register.

Market Infrastructure

Taiwan FSC Raises Cybersecurity Expectations in Capital Market

By Darien Choong | 28/12/2021

Securities and futures companies have to disclose more information on cyber incidents. Listed companies have to strengthen cybersecurity management.

Securities / Derivatives

Indonesian Bourse Relaxes Listing Rules to Draw in Tech IPOs

By Editors | 28/12/2021

The relaxed rules allow firms to fulfil other qualifications in lieu of the existing net tangible assets requirements for listing.

Securities / Derivatives

The Rise of the SPAC Wave on Singapore’s Shores

By Johnny Lim | 28/12/2021

Johnny Lim and Michael Kwan consider SPAC developments around the world and set out considerations for those searching for the preferred listing destination.

Market Infrastructure

Hong Kong, Mainland Exchanges to Include ETFs in Stock Connect

By Editors | 28/12/2021

Eligible ETFs will be included in Stock Connect. Business and technical preparations are expected to take about six months to complete.