SECURITIES / DERIVATIVES

Securities / Derivatives

Bursa Malaysia Proposes Rule Changes to Enhance Board Quality

By Editors | 22/07/2021

Bursa Malaysia proposes to limit the tenure of independent directors and require listed issues to have in place a fit and proper policy.

Market Infrastructure

CPMI, IOSCO Identify Shortcomings in FMI Business Continuity Plans

By Editors | 22/07/2021

Some FMIs do not fully meet expectations with respect to recovery from operational incidents, such as natural disasters or IT systems outage.

Securities / Derivatives

China May Allow Foreign Firms to Invest Offshore Yuan via QFII

By Sanday Chongo Kabange | 20/07/2021

Currently the QFII programme only allows foreign investors to use foreign currency, converted into onshore yuan, to invest in mainland markets.

Securities / Derivatives

The Role of Technology in Managing Fragmentation in Markets

By Jennifer Keser | 19/07/2021

Technology is increasingly serving as a counterbalance to mitigate the impacts of regulatory-driven market fragmentation in APAC, writes Tradeweb’s Jennifer Keser.

Securities / Derivatives

China to Exempt Hong Kong IPOs from Cybersecurity Reviews

By Editors | 18/07/2021

Chinese officials have reportedly outlined an exemption from the requirement to undergo a cybersecurity review for companies destined for a Hong Kong IPO.

Securities / Derivatives

Korean Regulators Ramp Up Scrutiny of IPO Valuations

By Ranamita Chakraborty | 18/07/2021

Listing applicants in Korea have recently had to lower their IPO pricing to address FSS concerns over high valuations.

Securities / Derivatives

HKMA Publishes Criteria for PE Funds Seeking Tax Concession

By Editors | 18/07/2021

A fund should have operating expenditure incurred in Hong Kong for the provision of investment management services amounting to at least HK$2mn.

Securities / Derivatives

ESMA Outlines Disclosure Expectations for SPACs

By Sanday Chongo Kabange | 18/07/2021

The guidance is aimed at enhancing the comprehensibility and comparability of SPAC prospectuses and ensuring investors are adequately protected.

AML / KYC

Bangladesh Brokerage Owners Accused of Embezzlement

By Editors | 17/07/2021

The BSEC has initiated an inquiry into Banco Securities, which has already had its trading suspended and bank account frozen amid embezzlement allegations.