SECURITIES / DERIVATIVES

Securities / Derivatives

RBI to Enhance Guidelines for OTC Derivatives, CDS, Money Markets

By Editors | 08/12/2020

The RBI is looking to enhance governance of OTC derivatives market makers, establish consistency in money market and debt instruments, and update its CDS guidelines.

Securities / Derivatives

SFC Amendments to REIT Code Have Taken Effect

By Editors | 08/12/2020

The SFC has also adopted a more streamlined approach to compliance with requirements regarding vetting and approval of REIT-issued announcements and circulars.

Securities / Derivatives

Bursa Malaysia Expands Market-making Framework

By Editors | 08/12/2020

The expansion will enhance the attractiveness and competitiveness of the capital market, and entice more investors and market participants, Bursa says.

Market Infrastructure

DSB Set to Consult on Fee Structure for UPI in January

By Manesh Samtani | 07/12/2020

The UPI will ensure products are reported to trade repositories consistently across FSB jurisdictions. The first consultation will begin on 11 January 2021.

Securities / Derivatives

APRA Orders Banks to Correct Deficient Securitisation Practices

By Editors | 07/12/2020

APRA has found a number of banks not in compliance with its prudential standard on securitisation. A review now underway will continue into 2021.

AML / KYC

US Designates Four More Companies as Linked to Chinese Military

By Manesh Samtani | 06/12/2020

US investors will be prohibited from buying securities issued by the four companies, which include CNOOC and SMIC, from 1 February 2021.

AML / KYC

SFC Proposes to Introduce HK Investor ID Regime in 2022

By Editors | 06/12/2020

The proposed investor ID regime is expected to be implemented in Q1 of 2022 at the earliest. A separate reporting regime is proposed for OTC securities transactions.

Enforcement

CBIRC Penalises Bank of China Over April Crude Oil Losses

By Editors | 06/12/2020

Bank of China was fined over 50mn yuan and ordered to correct deficiencies, strengthen compliance awareness and improve risk management.

Securities / Derivatives

Singapore Exchange Lists First China Onshore RMB Bonds

By Editors | 06/12/2020

The listing strengthens financial markets connectivity between China and Singapore, and helps to internationalise China’s markets, China Development Bank said.