SECURITIES / DERIVATIVES

Market Infrastructure

ASX Proposes Changes to Netting, Settlement Workflows

By Editors | 18/02/2021

The proposed changes will allow the CHESS replacement system to be scaled to much higher volume levels than previously envisaged, ASX said.

Securities / Derivatives

SGX May Introduce SPACs This Year, Subject to Market Support

By Editors | 18/02/2021

SGX chief Loh Boon Chye says SPACs could facilitate access to capital while minimising market risk exposure by providing another avenue for investment.

Market Infrastructure

RBI Formally Permits India Residents to Invest in GIFT City

By Ranamita Chakraborty | 17/02/2021

Separately, a new framework has been issued allowing professional services firms including consultancies, fund administrators and trustees to set up in GIFT City.

Securities / Derivatives

Bangladesh to Launch New Interbank Money Market Platform

By Editors | 17/02/2021

The platform will help to promote more efficient liquidity movements among conventional banks and NBFIs, said a Bangladesh Bank official.

Securities / Derivatives

SC, Bursa Malaysia Grant Additional Relief for Listed Issuers

By Editors | 17/02/2021

Listed issuers allowed an automatic 1-month extension to prepare financial statements. Those impacted by Covid-19 are granted more time to regularise operations.

Securities / Derivatives

SEC Thailand Consults on New Rules for Auditors, Audit Firms

By Sanday Chongo Kabange | 17/02/2021

The SEC proposes new rules on the reporting of suspected fraud identified in audits, and to lower entry requirements for auditors in the capital markets.

Securities / Derivatives

RBI Allows Banks to Post Margin Onshore for Offshore Clients

By Editors | 17/02/2021

AD Cat-I Banks may post and collect margin in India for a permitted derivative contract entered into with a person resident outside India.

Securities / Derivatives

RBI Issues Draft Guidelines to Open Up CDS Market

By Manesh Samtani | 16/02/2021

Under the guidelines, retail users will be allowed to buy permitted credit derivatives for hedging purposes, whereas non-retail can do so for any purpose.

AML / KYC

Bangladesh Launches Online Account Opening for Stock Investors

By Editors | 16/02/2021

The new system will reduce the time it takes for investors to open an account and minimise the number of accounts opened using fake information, BSEC said.