Securities / Derivatives

Securities / Derivatives

BOK Extends Corporate Bond, Commercial Paper Support by 6 Months

By Editors | 04/01/2021

A special purpose vehicle created in July to support the corporate bond and commercial paper markets will be extended another six months.

Securities / Derivatives

PBOC Offers Incentives for Interbank Bond Market Makers

By Editors | 04/01/2021

New rules set to take effect in April will streamline administration of market makers and for the first time establish an incentive mechanism.

Capital / Liquidity

HKMA Intends to Bring ‘Stay Rules’ into Operation in 2021

By Editors | 03/01/2021

Implementation will occur in two phases, the first for contracts where the only counterparties are HKMA-authorised institutions and/or FIs that are part of G-SIBs.

Securities / Derivatives

SC Malaysia Issues Guidance to Address Unlicensed Investment Advice

By Editors | 03/01/2021

An increasing number of social media, chat room and messaging applications are providing stock recommendations or investment advice to the public for a fee.

Securities / Derivatives

China Unifies Disclosure Requirements for Corporate Bond Issuance

By Editors | 03/01/2021

The rules apply to companies issuing enterprise debt financing instruments, corporate bonds and enterprise bonds, whether in the interbank market or on exchanges.

Securities / Derivatives

Daiwa Securities Joint Venture Granted Beijing Business Licence

By Editors | 03/01/2021

The business licence makes Daiwa Securities (China) Co Ltd the fourth foreign-owned joint venture securities firm in Beijing.

AML / KYC

OFAC Extends Chinese Military Company Ban to Subsidiaries

By Editors | 03/01/2021

In a set of FAQs, OFAC has clarified that Executive Order 13959 also applies to subsidiaries, derivatives, ETFs, index funds and mutual funds.

Enforcement

China: Revised Criminal Law Raises Penalties for Capital Market Offences

By Editors | 02/01/2021

The amendments focus on fraudulent issuance, information disclosure falsification, provision of false certification documents by intermediaries, and market manipulation.

Securities / Derivatives

Korea Set to Establish ‘New Deal’ Fund in March 2021

By Editors | 02/01/2021

The application process for private fund managers to set up and manage feeder funds under the New Deal fund began in December 2020.