Securities / Derivatives

Securities / Derivatives

SEBI Raises Overseas Investment Limits for Mutual Funds

By Editors | 03/06/2021

The overseas investment limit was raised from $600mn to $1bn. For investments in overseas ETFs, the limit was raised from $200mn to $300mn.

Securities / Derivatives

Hong Kong Passes Bill to Increase Stamp Duty on Stock Trades

By Manesh Samtani | 03/06/2021

HKEX has asked market participants to prepare their systems in preparation for the 1 August stamp duty increase.

ESG / Sustainability

Transparency & Data Needed to Fuel Green Equity Growth

By ESG Investor | 03/06/2021

The evolving asset class still presents risks due to differing definitions, transparency levels and data quality, according to panellists at an ASIFMA conference.

Securities / Derivatives

Philippine SEC Issues Draft Guidelines for ASEAN CIS Framework

By Editors | 03/06/2021

The draft guidelines will operationalise the supplemental MOU signed last month to admit the Philippines to the ASEAN CIS framework.

Crypto / Digital Assets

Bursa Malaysia Concludes Blockchain Bond POC with STACS

By Sanday Chongo Kabange | 03/06/2021

The collaborative efforts from the PoC have established a new ‘Bond in a Box’ operating model that shows commercial potentials, the project report says.

Securities / Derivatives

Japan Considers Allowing SPAC Listings – Report

By Editors | 02/06/2021

Japan may allow SPAC listings on its markets as part of its growth strategy as early as next year.

Securities / Derivatives

Australia Considers Additional Rules for Litigation Funders

By Ranamita Chakraborty | 02/06/2021

The government will consider capping fees and the introduction of a minimum rate of return for class action members.

Securities / Derivatives

CSRC Implements ‘Whitelist’ System for Securities Sector

By Editors | 02/06/2021

The 29 firms that have entered the “white list” will receive lower levels of supervisory scrutiny and be allowed greater flexibility in their business processes.

Market Infrastructure

Hong Kong, Shanghai Announce First ETF Cross-Listings

By Editors | 02/06/2021

The ETF cross-listing mechanism provides Chinese investors another avenue to access the Hong Kong market besides Stock Connect.