Securities / Derivatives

Securities / Derivatives

Korea to Extend Short Selling Ban Six More Months

By Manesh Samtani | 27/08/2020

During the six-month extension, the FSC plans to strengthen penalties for illegal short-selling and improve retail investor access to stock short sales.

Capital / Liquidity

FSC Korea Extends Easier Liquidity Requirement for Banks

By Editors | 26/08/2020

The lower liquidity coverage ratio was scheduled to end in September, but the FSC has decided to extend the relaxed requirements until end-March.

Capital / Liquidity

SGX to Offer Free Analytics to Facilitate UMR Preparation

By Manesh Samtani | 26/08/2020

Through a partnership with Cassini Systems, SGX will provide market participants the analysis needed to understand how they can reduce the UMR cost burden.

ESG / Sustainability

Taiwan FSC Releases Corporate Governance, Sustainability Roadmap

By Editors | 26/08/2020

From 2024, all financial firms and listed companies with paid-in capital over $340mn will be required to have at least one-third of their boards made up of independent directors.

Securities / Derivatives

Philippines Issues Rules on New Investment Vehicle for Corporate Debt

By Editors | 26/08/2020

Corporate Debt Vehicles can issue securities to invest in bonds, notes or commercial papers issued by large corporations and medium-sized enterprises.

Securities / Derivatives

ASIC Allows ‘Frozen Funds’ to Pay Out Hardship Relief to Members

By Editors | 26/08/2020

The hardship relief will make it easier for responsible entities of frozen funds to enable withdrawals by investors suffering hardship, says ASIC’s Karen Chester.

Enforcement

Singapore CEO Fined Over ‘Interested Person’ Transactions

By Editors | 26/08/2020

Under the Securities and Futures Act, mainboard companies must immediately announce interested person transactions worth over 3% of tangible assets.

Securities / Derivatives

Thailand SEC to Allow Repo, Reverse Repo Trades by Retail Investors

By Editors | 25/08/2020

Allowing repo and reverse repo trades in listed securities and unit trusts with all investor types will provide them additional liquidity management tools, the SEC said.

Securities / Derivatives

ISDA Calls for Global Alignment in UPI, UTI Implementation

By Manesh Samtani | 25/08/2020

ISDA is urging the FSB to “intensify monitoring and coordination of jurisdictional alignment” to the global UTI, UPI and CDE recommendations.