Securities / Derivatives

Securities / Derivatives

HKEX to Lessen Profit Requirement Hike for Main Board IPOs

By Manesh Samtani | 05/05/2021

The three-year profit requirement will be raised from HK$50mn to HK$80mn, compared to the HK$125mn or HK$150mn options proposed in November.

Securities / Derivatives

KRX Mulls Additional Measures to Attract Unicorn Listings

By Sanday Chongo Kabange | 05/05/2021

Ahead of the introduction of dual-class shares, KRX will provide guidelines to help founders secure management rights jointly with other large shareholders.

Securities / Derivatives

Australia Consults on New Requirements for Proxy Advisers

By Ranamita Chakraborty | 05/05/2021

The Treasury is proposing that proxy advisers be required to obtain an AFS License, among other requirements aimed at increasing transparency.

Securities / Derivatives

SEBI Issues Compensation Guidelines for Fund Managers

By Editors | 05/05/2021

20% of compensation of key AMC employees must be paid in the form of units of the mutual fund schemes in which they have a role or oversight.

ESG / Sustainability

New Zealand Launches First Carbon Efficient Indices

By Editors | 05/05/2021

All S&P/NZX 50 companies are covered in the new indices. Constituent weights will be adjusted based on carbon intensity and emissions performance.

ESG / Sustainability

HKMA Issues Guideline on Green & Sustainable Finance Grant Scheme

By Editors | 05/05/2021

The grant amount for each bond issue will be half of the eligible expenses, capped at HK$2.5mn for rated bonds and HK$1.25mn  for unrated bonds.

Fintech / Regtech

EIB Issues First Digital Bond on Public Blockchain

By Sanday Chongo Kabange | 04/05/2021

The digital bond issuance was carried out using a distributed ledger for registration and a CBDC for settlement.

Securities / Derivatives

China: Policy Banks Pilot Direct Bidding Mechanism for Bond Issuance

By Editors | 04/05/2021

The pilot could mark a significant revamp in how bond issuance is carried out in China, and is seen as another step by the government to attract foreign capital.

Securities / Derivatives

FSC Warns Against Illegal Moves as Korea Resumes Short-Selling

By Manesh Samtani | 03/05/2021

Korean regulators have been working to enhance protection measures for retail investors ahead of the partial resumption of short-selling on Monday.