SECURITIES / DERIVATIVES

Fintech / Regtech

Philippine SEC Launches New Online Payments System

By Editors | 13/03/2021

The ‘SEC Payment Portal’ allows for the payment of registration fees, penalties and other fees using  other cashless payment options.

Enforcement

S. Korea Amends Bill to Protect Private Equity Fund Investors

By Ranamita Chakraborty | 11/03/2021

The revision bill addresses issues with feeder funds, cross investing between PEFs managed by the same entity, and inappropriate sales activities involving coercive sales tactics.

Securities / Derivatives

Bangladesh Amends Listing Rules to Appease Retail Investors

By Ranamita Chakraborty | 11/03/2021

BSEC is proposing revisions to the listing rules to make the capital market more attractive for individual investors.

Securities / Derivatives

Chinese State-backed Funds Intervene to Calm Market

By Editors | 11/03/2021

The government reportedly blocked social media mentions of the stock market while local media outlets downplayed recent market turbulence.

Capital / Liquidity

PBOC to Limit Short-term Bond Issuance by Securities Firms

By Editors | 10/03/2021

Short-term bonds issued by securities firms will subject to a limit of 60% of net capital. The eligibility criteria have also been strengthened.

Market Infrastructure

HKMA Issues Guidance for Bond Connect FX Settlement Banks

By Editors | 09/03/2021

Hong Kong FX Settlement Banks should ensure that FX conversion and hedging transactions arise from “genuine and reasonable” Bond Connect investment needs.

Securities / Derivatives

OSE, TOCOM Propose Revised Contingency Plans for Derivatives

By Sanday Chongo Kabange | 09/03/2021

The OSE and TOCOM have proposed revisions clarifying the standards by which they will halt and resume trading in the event of a disruption in the derivatives market.

Securities / Derivatives

Bursa Malaysia Revamps Crude Palm Kernel Oil Futures Contract

By Editors | 09/03/2021

The enhancements aim to create an effective hedging instrument against the physical market and provide an alternative instrument for participants.

AML / KYC

SEBI Updates Rules on UCC, PAN Use in Commodity Derivatives

By Sanday Chongo Kabange | 09/03/2021

Execution of commodity derivatives trades will be prohibited without an upload of clients’ UCC details, which should be accompanied by the PAN or e-PAN.