SECURITIES / DERIVATIVES

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.

Market Infrastructure

IOSCO Consults on Fair and Equitable Access Market Data

By Editors | 06/12/2020

Market participants in many jurisdictions have raised concerns about the content, costs, accessibility, fairness and consolidation of market data, IOSCO says.

Enforcement

Seoul Court Jails Daishin Securities Executive Over Fund Losses

By Editors | 06/12/2020

The FSC has also revoked the registration of Lime Asset Management, imposed a 950mn won fine against the firm and ordered the suspension of its staff and executive personnel.

Securities / Derivatives

Malaysia Completes First Physical Delivery of MGS Futures Contract

By Editors | 04/12/2020

The most from cash settlement to physical delivery of the 5-Year Malaysian Government Securities Futures Contract was announced in September.

Market Infrastructure

Macquarie to Set Up Electronic FX Trading Infrastructure in Singapore

By Editors | 04/12/2020

Macquarie’s FX pricing hub will strengthen Singapore’s proposition as a global FX price discovery and liquidity centre, said MAS executive director Lim Cheng Khai.

Securities / Derivatives

TWSE, TPEx to Launch New Trading Boards With Easier Listing Rules

By Editors | 03/12/2020

TWSE’s board will set a lower market cap requirement and no profitability requirement. TPEx’s board will allow companies to apply if they are recommended by two securities firms.

Market Infrastructure

Taiwan Futures Exchange Granted QCCP Status

By Editors | 03/12/2020

TAIFEX says the QCCP status will help attract more foreign and institutional investors to participate in Taiwan’s futures market.

Securities / Derivatives

ASX to Enhance Framework on Client Money Obligations

By Editors | 03/12/2020

ASX will require daily reconciliation of individual client trust account balances, prescribe a standard format for trust reconciliations, and enhance reporting requirements.