Securities / Derivatives

Enforcement

MAS Penalises Two CIMB Securities Brokers for False Trading

By Editors | 26/04/2022

The two brokers rigged the market for Kris Wiluan, who was convicted and fined in May 2021 for manipulating the stock prices of KS Energy where he was CEO.

Securities / Derivatives

SEBI Issues Operational Guidelines for DLT-based Platform

By Editors | 25/04/2022

The new DLT-based platform is designed to monitor security creation, covenants and asset cover of non-convertible securities.

Securities / Derivatives

China Officially Launches Voluntary Private Pension Scheme

By Editors | 25/04/2022

Employees will be allowed to contribute up to CNY 12,000 annually to individual pension accounts, which can be invested in relatively lower risk and longer-term financial products.

Securities / Derivatives

SSE, SZSE Finalise Rules Changes to Enhance Bond Market

By Darien Choong | 25/04/2022

The regulations simplify bond listing requirements, promote greater market participation, and create a more standardised and transparent bond market.

Securities / Derivatives

SEHK Adopts New Rules for Bookbuilding, Placing Activities

By Editors | 25/04/2022

The listing rule amendments, due to take effect in August, are a consequence of changes to the Code of Conduct finalised by the SFC in October.

Capital / Liquidity

RBI Eases Capital Raising Restrictions for Rural Coop Banks

By Editors | 24/04/2022

Rural cooperative banks can raise capital by issuing preference shares, perpetual debt instruments or long term subordinated bonds.

ESG / Sustainability

Malaysia to Enhance Governance at State-backed Investment Firms

By Mark Johnston | 24/04/2022

Among other things, the PGG recommends that female directors comprise a minimum 30 percent of a GLIC’s board.

Securities / Derivatives

Japan FSA Issues Guidance on Preventing Archegos-style Incidents

By Sanday Chongo Kabange | 24/04/2022

Firms with securities businesses are expected to draw lessons from the shortcomings observed in the Archegos incident in order to foster a sound risk culture.

Securities / Derivatives

SZSE Issues Guidance on Funding Infrastructure REIT Acquisitions

By Editors | 23/04/2022

The proposed guidelines seek to improve the ability of listed infrastructure REITs to issue more shares to fund acquisitions and optimise their portfolios.