SECURITIES / DERIVATIVES

Securities / Derivatives

Regulatory Limits on Fees Will Not Apply to Accredited Investors: SEBI

By Mark Johnston | 23/12/2021

SEBI has clarified that the fees charged to accredited investors will not be subject to caps specified in existing guidelines for investment advisors and portfolio managers.

Securities / Derivatives

Taxing Securities Trades Will Reduce Competitiveness, says SET President

By Editors | 23/12/2021

SET president Pakorn Peetathawatchai Pakorn was responding to reports that the government is planning a 0.1 percent tax on securities trades.

Securities / Derivatives

ASIC Urges Listed Entities to Disclose Business Risk Properly

By Sanday Chongo Kabange | 23/12/2021

Listed company directors and auditors should focus on impairment of assets, particularly as some businesses may be adversely affected in a post-Covid environment.

Securities / Derivatives

SEC Issues New Disclosure Guidance for US-Listed Chinese Firms

By Sanday Chongo Kabange | 23/12/2021

The guidance focuses on the need for clear and prominent disclosure regarding the use of VIE and SPAC structures, and the associated legal and operational risks.

Securities / Derivatives

CSRC to Bar Mainlanders from Using Northbound Stock Connect

By Sanday Chongo Kabange | 22/12/2021

A CSRC rule amendment will specify that mainland investors are not to be included as qualified investors in the northbound legs of Stock Connect.

Securities / Derivatives

Australia Announces Reforms to Proxy Advice Regime

By Editors | 22/12/2021

The reforms extend AFS licensing requirements to a greater range of proxy adviser activities, as well as enhance transparency of super funds’ voting records.

Securities / Derivatives

NSE India Launches New Corporate Governance Framework

By Editors | 22/12/2021

Listed companies that voluntarily choose to be part of ‘NSE Prime’ will need to comply with higher corporate governance standards and disclosure requirements.

Enforcement

CSRC Launches Inspections at Financial Asset Exchanges

By Editors | 22/12/2021

Some exchanges were found to be illegally facilitating financing for property developers through the issuance of non-standard debt financing products.

Securities / Derivatives

SC Malaysia Finalises Enhancements to Unit Trust Framework

By Editors | 22/12/2021

The enhancements will enable retail funds to invest in and offer investors access to a wider range of investment instruments and activities.