Securities / Derivatives

Market Infrastructure

March Market Turmoil Highlighted MMF Vulnerabilities: IOSCO 

By Manesh Samtani | 22/11/2020

In a new report, IOSCO highlights the need for further reform to address vulnerabilities in certain types of non-public money market funds.

Securities / Derivatives

UPDATED – First Brokers Approved to Use TSE’s CONNEQTOR Platform

By Editors | 22/11/2020

CONNEQTOR enables institutional investors who want to trade a particular ETF at a particular quantity to send an RFQs to market makers.

Market Infrastructure

LIBOR Transition Work Needs to Accelerate in Early 2021: FSB

By Manesh Samtani | 21/11/2020

In a progress report on global transition efforts, the FSB highlights slower progress in loan markets, which it says must be addressed urgently.

Fintech / Regtech

ASIC Seeks Greater Powers to Collect Data from Managed Funds

By Shruti Khairnar | 21/11/2020

ASIC’s Karen Chester says insolvencies and macro forces could present greater liquidity challenges to fund managers and affect investors’ ability to withdraw from funds.

Securities / Derivatives

NAFMII Issues New Rules for Interbank Bond Market

By Editors | 20/11/2020

The rules prohibit issuers from directly subscribing to their own bonds in the interbank market or buying them indirectly through affiliates or asset management products.

Securities / Derivatives

FSC Korea to Enable Greater Retail Participation in IPOs

By Editors | 20/11/2020

From next month, the retail allocation of IPOs shares will increase from 20% to 30%, and a fairer approach to allocations will be adopted.

Capital / Liquidity

Sri Lanka Budget Offers Boost to Capital Markets, Banking Sector

By Duruthu E Chandrasekera | 19/11/2020

The government has proposed tax incentives for newly-listed companies and investment in REITs, in addition to proposals to strengthen the banking sector.

ESG / Sustainability

Thailand Proposes Compulsory ESG Training for Capital Market Personnel

By Sanday Chongo Kabange | 19/11/2020

Investment consultants and fund managers, among others, would be required to undergo a mandatory training module covering ESG at licence renewal.

Enforcement

China Bond Default Shock Prompts NAFMII Underwriter Probe

By Manesh Samtani | 19/11/2020

Haitong Securities, Industrial Bank, China Everbright Bank, Zhongyuan Bank are suspected of violations, as recent defaults prompt concerns over the health of SOEs.