Securities / Derivatives

Securities / Derivatives

SEBI Proposes to Ease Rules on Preferential Share Issuance

By Editors | 05/12/2021

The regulator proposes relaxed pricing norms, a shorter lock-in period, and to allow promoters to pledge shares for loans during the lock-in period.

ESG / Sustainability

HKEX Launches Net Zero Guide, ESG Metrics on STAGE

By Editors | 05/12/2021

The Net Zero Guide will help companies develop a pathway to net-zero. A new equities section on STAGE will provide a consolidated view of ESG ratings from different providers.

Enforcement

Shanghai, Shenzhen Bourses Crack Down on Shell Companies

By Darien Choong | 04/12/2021

The new delisting system includes an indicator to measure the sustainability and operating ability of a listed company, to help eliminate shell companies.

Securities / Derivatives

SEBI Directs Market to Display Investor Charter, Complaints Data

By Editors | 04/12/2021

From January 2022, stock exchanges, merchant bankers and RTAs will need to publish the new investor charter as well as complaints data on their websites.

Market Infrastructure

Thai SEC to Enhance Capital Market Resilience to Cyber Risk

By Editors | 04/12/2021

Under revised rules, market participants are required to and enhance cybersecurity control measures, vulnerability assessments, penetration testing and third-party access controls.

Fintech / Regtech

JPX Creates New Subsidiary to Accelerate Market Innovation

By Mark Johnston | 04/12/2021

The new subsidiary will enable JPX to accelerate its work to diversify its businesses, advance the sophistication of its services, and improve market efficiency.

Securities / Derivatives

Shanghai to Pilot Secondary Market for PE, VC Funds

By Sanday Chongo Kabange | 04/12/2021

The pilot is being launched at the Shanghai Equity Exchange to experiment with ways to expand the exit channels available to investors in PE and VC funds.

Capital / Liquidity

CBIRC Issues Clarification on Close-out Netting Enforceability

By Manesh Samtani | 02/12/2021

The CBIRC seeks to clarify the enforceability of close-out netting in China, saying the labelling of the country as a “non-netting jurisdiction” has harmed its financial institutions.

Securities / Derivatives

SGX Launches First Leveraged and Inverse ETPs

By Editors | 01/12/2021

The listing enables investors to express market views without engaging in traditional leverage strategies that require margin monitoring or shorting, said SGX’s Michael Syn.