Securities / Derivatives

Securities / Derivatives

SEBI Proposes to Reduce Promoter Lock-in Period

By Editors | 14/05/2021

SEBI proposes to reduce the lock-in period for the minimum promoter’s contribution to an IPO from 3 years to one year.

Enforcement

Hong Kong: Six Current & Former Directors Fined Over Inside Information

By Editors | 14/05/2021

Timely disclosure of inside information is central to the orderly operation of the market and underpins a fair and informed market, the SFC said.

Securities / Derivatives

China: NAFMII Revises Rules for Credit Derivatives

By Editors | 14/05/2021

The rules remove a restriction that prohibited CDS and CLN from being linked to instruments other than non-financial corporate debt.

Securities / Derivatives

SEC Thailand Issues Guidelines for Distressed Bond Funds

By Editors | 13/05/2021

Only institutional and ultra-HNW investors will be allowed to invest in distressed bond funds, which will be non-redeemable but have a maturity date prescribed.

Securities / Derivatives

CBIRC Green-lights BlackRock-CCB Wealth Management Venture

By Editors | 13/05/2021

The wealth management JV  is 50.1% owned by BlackRock, 40% by China Construction Bank’s wealth management subsidiary, and 9.9% owned by Temasek.

Securities / Derivatives

Taiwan FSC to Launch Inspections at FIs to Assess Sales Practices

By Editors | 13/05/2021

The FSC will conduct inspections at 10 banks, 6 credit unions, 6 insurers and 3 securities firms to check whether they have sold high-risk products to seniors.

Securities / Derivatives

SEBI Panel Offers Recommendations on Social Stock Exchange Listings

By Ranamita Chakraborty | 12/05/2021

A technical group was set up last September to develop a framework for on-boarding non-profit organisations and for-profit social enterprises on social stock exchanges.

Securities / Derivatives

ASX Finalises Enhancements to Client Money Framework

By Ranamita Chakraborty | 12/05/2021

Subject to the regulatory clearance, the enhanced client money framework will come into effect on 2 August 2021, with a 12-month transition period.

ESG / Sustainability

SEBI Enhances Sustainability Reporting Rules for Listed Entities

By Manesh Samtani | 12/05/2021

The new Business Responsibility and Sustainability Reports will contain disclosures relating to ESG risks, sustainability performance, environmental metrics, and social factors.