Securities / Derivatives

Capital / Liquidity

ISDA, CCDC to Promote Global Use of China Bonds as Collateral

By Editors | 15/09/2020

ISDA and the CCDC will soon publish research making the case for yuan-denominated bonds to be used internationally as collateral.

Securities / Derivatives

CBSL to Allow Foreign Investors to Hedge Currency Risk with Swaps

By Duruthu E Chandrasekera | 15/09/2020

As part of measures to lure foreign investment back into Sri Lanka, the government also plans to channel banks’ funds into the stock market.

Market Infrastructure

BOT Expects Limited Impact from Transition to THOR

By Manesh Samtani | 15/09/2020

BOT has asked all commercial banks to form working groups to prepare for the changes, saying it will follow up to assess transition progress.

Enforcement

Korea to Strengthen Penalties for Naked Short Selling

By Manesh Samtani | 15/09/2020

Under a new bill, unauthorised short selling can be punished criminally, in addition to a penalty up to 300% of profits obtained or losses avoided through the short selling.

Securities / Derivatives

Thailand’s SEC Proposed to Raise Fees on Futures Trading

By Sanday Chongo Kabange | 15/09/2020

The SEC wants to replace the annual fixed fee charged to the TFEX with a per-contract fee, which could more than triple the cost to the futures bourse.

Enforcement

Japan: Nomura Employee Leaks Client Information to Securities Firm

By Editors | 14/09/2020

Nomura has apologised for the incident and pledged to strengthen its management of customer information. It will also consider taking legal action against the offending staffer.

Capital / Liquidity

HKMA Published Revised SPM on Non-Cleared OTC Derivatives

By Editors | 14/09/2020

Banks currently in scope of the margin requirements and risk mitigation standards have until 1 September 2021 to comply wth the revised supervisory policy manual.

Securities / Derivatives

Taiwan Central Bank Denies Ordering Traders to Limit US Dollar Sales

By Sanday Chongo Kabange | 14/09/2020

The central bank said the directions to traders were aimed at facilitating the smooth flow of the local foreign exchange market, and that it respects bid-offer practices in the FX market.

Securities / Derivatives

SEBI Directs Multi Cap Funds to Raise Exposure to Smaller Stocks

By Sanday Chongo Kabange | 14/09/2020

New guidelines will force multi cap funds to dump large cap stocks in favour of small- and mid-cap stocks by January 2021.