Securities / Derivatives

Securities / Derivatives

Chinese Banks Start to Restrict FX Services Amid Risk Concerns

By Sanday Chongo Kabange | 07/09/2021

State-owned lender Huaxia Bank has restricted some of its FX services amid regulatory concerns over yuan volatility.

Securities / Derivatives

Lessons in Operational & Credit Risk Management for Exchange Members

By Boon Gin Tan | 07/09/2021

SGX RegCo’s Boon Gin Tan and Grace Mok discuss findings from a survey of exchange members. A new guide on credit risk management has also been released.

Securities / Derivatives

Thai SEC Proposes to Streamline Bond Issuance Regulations

By Pongnut Thanaboonchai | 07/09/2021

Under the amendments, debt instruments must be issued within 6 months from the date the filing is approved, the SEC said.

Market Infrastructure

Hainan to Pilot Cross-Border Asset Management Trials

By Sanday Chongo Kabange | 06/09/2021

Hainan’s also plans also launch QFLP and QDLP trials and enhanced currency convertibility to facilitate cross-border trade and investment.

Market Infrastructure

CSRC Issues Draft Rules for Beijing Stock Exchange

By Editors | 06/09/2021

SMEs trading on the NEEQ for at least 12 months will qualify to list on the Beijing Stock Exchange, which will adopt the registration-based IPO system.

Market Infrastructure

Implementing the Final Phase of MAS’ OTC Derivatives Reporting Regime

By Priya Kundamal | 06/09/2021

Firms coming into scope on 1 October need to quickly complete onboarding and test their reporting to DTCC’s Singapore trade repository.

Securities / Derivatives

SEBI Directs Fund Managers to Disclose Risk in All Promo Materials

By Editors | 06/09/2021

SEBI has clarified that asset managers should disclose scheme “risk-o-meters” in all disclosures including promotional material from 1 October.

ESG / Sustainability

Philippine SEC to Make Sustainability Reporting Mandatory

By Editors | 06/09/2021

Publicly listed companies will be required to submit sustainability reports separate from their annual reports from 2023.

ESG / Sustainability

FSC Korea to Raise Penalty for Violations of Five Percent Rule

By Editors | 05/09/2021

The maximum fine is being raised from 1/100,000 of market cap to 1/10,000 of market cap, among other changes to the corporate disclosure rules.