SECURITIES / DERIVATIVES

Securities / Derivatives

S. Korea Cabinet Approves Measures to Enhance ABS Market

By Editors | 15/10/2021

The revisions abolish requirements that only allow companies with BB ratings or above to issue ABS. Businesses will also be able to securitise future assets and intellectual property rights.

Securities / Derivatives

Shenzhen, Guangdong Issue First-ever Offshore Bonds

By Editors | 14/10/2021

Shenzhen and Guangdong have become the first local government authorities in China to issue RMB-denominated bonds in offshore markets.

Securities / Derivatives

Taiwan FSC Amends Personnel Rules for Mutual Funds

By Darien Choong | 14/10/2021

Eleven overseas firms offering securities investment trust funds in Taiwan will need to set up a local risk management department by end-2022.

Securities / Derivatives

SEBI Orders Mutual Funds to Direct More Trades to RFQ Platforms

By Editors | 13/10/2021

From 1 December, 25% of mutual funds’ corporate bond trades must be directed through RFQ platforms of stock exchanges.

ESG / Sustainability

Japan to Consider Removal of Quarterly Reporting Requirement

By Editors | 13/10/2021

While some argue quarterly reporting helps investors make more informed judgments, regulators worry it incentivises short term profit seeking behaviour.

ESG / Sustainability

Japan to Start Investing Foreign Reserves in ESG Bonds

By Sanday Chongo Kabange | 12/10/2021

Japan would become the first G7 government to use its foreign reserves for ESG investments, as it ramps up efforts to combat climate change.

Securities / Derivatives

Taiwan FSC to Relax Rules for Securities Investment Trust Funds

By Darien Choong | 12/10/2021

Greater flexibility is provided for securities investment trust funds to invest in IPO stocks, CoCo bonds and TLAC bonds.

Market Infrastructure

FSB Offers Policy Toolkit to Address MMF Vulnerabilities

By Manesh Samtani | 12/10/2021

Enhancing MMF resilience will help address systemic risks and minimise the need for central bank interventions to support the sector, the FSB said.

Securities / Derivatives

HKMA, SFC Outline Expectations on Sale of ILS Products

By Manesh Samtani | 11/10/2021

The circular follows the $30mn issuance of Hong Kong’s first catastrophe bond by Greater Bay Re, a state-sponsored special purpose vehicle.