Securities / Derivatives

Enforcement

SGX RegCo Set to Expand Enforcement Powers

By Manesh Samtani | 25/06/2021

From 1 August, SGX RegCo will be able to issue public reprimands, require issuers to comply with specified conditions, and demand director resignations.

Securities / Derivatives

CBSL Lifts Ban on Banks Buying Sri Lankan Sovereign Bonds

By Ranamita Chakraborty | 25/06/2021

Banks can purchase Sri Lankan sovereign bonds in the secondary market only using freshly raised borrowings from overseas.

Enforcement

SFC Fines Deutsche Securities Asia Over Prime Brokerage Statements

By Editors | 25/06/2021

A system design caused a failure to distinguish between ex-entitlement dates and settlement dates of bonus share events in periodic statements.

Big Picture

Citadel Securities Offers Best Practices to Address Exchange Outages

By Manesh Samtani | 24/06/2021

Common issues that have compounded the impact of recent outages continue to be largely overlooked by some exchanges.

Securities / Derivatives

SEC Thailand Revises Guidelines on Depositary Receipts

By Sanday Chongo Kabange | 24/06/2021

The revisions seek to facilitate the introduction of more depositary receipt products in the Thai capital market.

Capital / Liquidity

NZ FMA Unimpressed With Liquidity Practices at Funds

By Manesh Samtani | 24/06/2021

The FMA says liquidity stress tests are not being performed frequently enough and fund managers do not have sufficient liquidity management tools.

Securities / Derivatives

Shanghai, Shenzhen List First Infrastructure REITs for Trading

By Editors | 23/06/2021

All nine REITs opened higher on their first day of trading, highlighting enthusiasm from investors for the new type of equity securities.

Fintech / Regtech

DBS Launches Automated Digital Bond Issuance Platform

By Editors | 23/06/2021

FIX Marketplace enables issuers to digitalise their bonds for direct issuance in the market, while allowing for direct interaction with investors.

Market Infrastructure

CSRC Standardises Assignment of Settlement Participant Codes

By Sanday Chongo Kabange | 23/06/2021

The new standards will facilitate data sharing between FIs and within settlement participants, thereby promoting standardisation and enhancing data governance.