Securities / Derivatives

Securities / Derivatives

Indian Court Halts Franklin Templeton Fund Liquidation

By Editors | 10/06/2020

Franklin Templeton had planned to allow unitholders to vote on whether to allow six shuttered funds to be liquidated, but the Court says it must first release a forensic audit report on the funds in question.

Securities / Derivatives

SFC to Narrow Scope of OTC Derivatives Licensing Regime

By Manesh Samtani | 10/06/2020

The OTC derivatives licensing regime will not capture corporate treasury activities of non-financial groups, portfolio compression services, and certain portfolio management activities.

Securities / Derivatives

Regulatory Change a Challenge for Hong Kong Fund Managers

By Editors | 10/06/2020

Overregulation is an issue for some fund managers in Hong Kong, but the industry is also calling for greater regulatory clarity around GBA initiatives and ESG standards, according to a KPMG-HKIFA survey report.

Securities / Derivatives

SFC Proposes to Grant Greater Investment Flexibility to REITs

By Editors | 09/06/2020

REITs will be given more flexibility to invest in minority-owned properties and property development projects, and borrowing limits will be increased.

Securities / Derivatives

Taiwan FSC Lifts Ban on Short-selling Ten Days Early

By Editors | 09/06/2020

South Korea, Malaysia and Indonesia are the remaining Asian nations that still have short-selling bans in place. Malaysia’s is due to be lifted at the end of June.

Securities / Derivatives

Taiwanese, Russian CSDs to Cooperate on Capital Markets

By Editors | 09/06/2020

The TDCC and NSD have agreed to support constructive dialogue and cooperation in areas such as electronic voting, fintech and information services, among other areas.

Capital / Liquidity

Radical Steps Needed from Vietnam Banking Sector

By Francois Denimal | 09/06/2020

Vietnam’s banking sector must take radical steps to adopt international capital rules, reporting requirements and trading practices, says Francois Denimal at FIS.

Market Infrastructure

BNY, Deutsche to Set Up FX Trading Infrastructure in Singapore

By Editors | 08/06/2020

Seven major firms have already set up FX pricing and matching engines in Singapore, the result of a MAS initiative to lower routing latencies in the city-state.

Market Infrastructure

Chinese Regulators Respond to US Threat Against Hong Kong

By Manesh Samtani | 08/06/2020

The PBOC and CBIRC have offered assurances that Hong Kong’s status as an international financial centre will not be jeopardised under the new national security law.