Securities / Derivatives

Securities / Derivatives

Bursa Malaysia Offers Additional Relief to Listed Issuers

By Ranamita Chakraborty | 18/06/2021

Relief is provided to listed issuers with unsatisfactory financial conditions or an inadequate level of operations between 1 July 2021 and 31 December 2021.

Capital / Liquidity

ASIC Enhances Capital Rules for Securities, Futures Firms

By Sanday Chongo Kabange | 17/06/2021

Securities market participants must hold core capital of at least A$500,000, up from A$100,000 currently required. One year is given for compliance.

Securities / Derivatives

Hong Kong-Thailand Mutual Recognition of Funds Takes Effect

By Manesh Samtani | 17/06/2021

Hong Kong’s SFC and Thailand’s SEC say the MRF scheme has taken effect. Both have issued new guidance on obtaining authorisation under the scheme.

Market Infrastructure

ASX Completes Corporate Actions Upgrade Project

By Sanday Chongo Kabange | 17/06/2021

The project enables full straight-through processing for corporate actions, reducing risk for market participants and facilitating more informed decision-making.

Securities / Derivatives

Vietnam: HoSE Commences Trials on New Trading System

By Ranamita Chakraborty | 17/06/2021

HoSE has commenced connection trials with securities firms and intends to start functional trials from 26 July.

Securities / Derivatives

Korea Allows Securities Firms to Extend Credit to Overseas Affiliates

By Sanday Chongo Kabange | 16/06/2021

Large securities firms will be allowed to extend credit to overseas branches and subsidiaries in which they have at least a 50 percent stake.

ESG / Sustainability

Japan: Revised Corporate Governance Code Takes Effect

By Manesh Samtani | 16/06/2021

The new code seeks to enhance board independence, promote board diversity, and increase attention on sustainability and ESG issues.

Securities / Derivatives

CBIRC Issues New Rules for Cash Management Products

By Manesh Samtani | 16/06/2021

Cash management products are prohibited from investing in stocks, convertible bonds, or any financial instrument rated lower than AA+.

Securities / Derivatives

US Federal Court Sanctions Australian Trader for Spoofing

By Sanday Chongo Kabange | 15/06/2021

The Propex Derivatives trader is required to repay $21,000 in disgorgement and cease and desist from violating anti-spoofing and manipulation rules.