Securities / Derivatives

Securities / Derivatives

Thai SEC Proposes More Flexible Rules for Fund Advertising

By Pongnut Thanaboonchai | 11/08/2021

More principle-based requirements will provide more flexibility to fund managers while still adequately protecting investors, the SEC said.

Securities / Derivatives

PBOC Scraps Rule Requiring Bond Issuers to Obtain Credit Rating

By Manesh Samtani | 11/08/2021

Requirements for bonds issued in the interbank market to obtain a credit rating have disincentivised rating agencies from properly disclosing credit risks.

Securities / Derivatives

ASIC Finds ‘Robust’ Valuation Practices in Fund Industry

By Ranamita Chakraborty | 11/08/2021

Valuation practices for illiquid assets were robust, timely and consistent with regulatory guidance and industry standards, ASIC found in a review.

Securities / Derivatives

GIFT City Exchanges to Permit Trading in International Stocks

By Editors | 11/08/2021

India INX and NSE IFSC are planning to launch trading in international stocks to provide new opportunities to retail investors.

Securities / Derivatives

SEBI Eases Lock-in Period for Promoters, Pre-IPO Investors

By Sanday Chongo Kabange | 11/08/2021

The lock-in period for promoters will be eased from 36 to 18 months. For pre-IPO investors, the lock-in will be reduced from 12 to 6 months.

AML / KYC

SFC Finalises Investor ID, OTC Securities Reporting Regimes

By Manesh Samtani | 11/08/2021

The investor identification regime is expected to be launched in H2 2022. The securities transactions reporting regime will go live in H1 2023.

Market Infrastructure

CSRC Accepts StanChart Application for Fully-owned China Brokerage

By Editors | 11/08/2021

The CSRC has accepted an application from Standard Chartered Bank Hong Kong to establish a fully owned securities unit in the mainland.

Enforcement

Former HKEX Exec Pleads Not Guilty to Corruption Charges

By Editors | 11/08/2021

The former co-head of HKEX’s IPO-vetting team, Eugene Yeoh, was arrested in June 2019 for alleged bribery and misconduct in public office.

Securities / Derivatives

Indian Startups Call on Govt to Allow Direct Overseas Listings

By Ranamita Chakraborty | 10/08/2021

Concerns that direct overseas listings will hurt the domestic market are unfounded, local startups said in a letter to the prime minister.