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Securities / Derivatives
SFC Plans to Issue Code of Conduct for Investment Banks – Report
By Editors | 16/11/2020
The SFC is reportedly seeking to frame a detailed code of conduct for capital raisings that will cover how investment banks calculate their fees.
Market Infrastructure
HKEX Proposes Revamp of Hong Kong IPO Settlement Process
By Manesh Samtani | 16/11/2020
Subject to market support and readiness, HKEX intends to launch a new platform called FINI in 2022 that will cut the IPO settlement process from T+5 to T+1.
Securities / Derivatives
Hong Kong MPFA Adds SSE, SZSE, IDX to Approved List
By Editors | 16/11/2020
The move provides MPF fund managers greater flexibility, allowing them to diversify investment risks and channel more assets into A shares.
Securities / Derivatives
ASX Suffers Near Full Day Outage Due to ‘Software Issue’
By Editors | 16/11/2020
ASIC said it was focused on ensuring that market integrity is not compromised and that it would monitor for any impacts resulting from Monday’s failure.
Securities / Derivatives
Sri Lanka to Complete Phase 2 Digitalisation of CSE in December
By Duruthu E Chandrasekera | 15/11/2020
Phase 2 will enable digital payments and smart wallets for CDS account holders, among a host of other features that will be made available electronically.
Securities / Derivatives
Indonesia Launches Electronic Trading in Bond, Sukuk Markets
By Editors | 15/11/2020
The platform was designed by London software firm AxeTrading to accommodate Indonesia’s bond and sukuk markets, and boost liquidity and efficiency.
Securities / Derivatives
AMAC Issues Draft Guidelines for Funds on Valuing Financial Instruments
By Editors | 15/11/2020
Publicly-offered securities investment funds will have to calculate impairment of financial instruments based on expected credit losses.
Securities / Derivatives
SEC Thailand to Cut Redundant Regulations, Red Tape by 2022
By Editors | 15/11/2020
The ‘regulatory guillotine’ project will reduce documentary requirements by almost 2 million sheets per year and processing time by about 102,000 hours per year.
ESG / Sustainability
SEBI to Expand Risk Management Committee’s Role at Listed Entities
By Editors | 15/11/2020
The requirement to constitute a risk management committee will be expanded to more companies and its role expanded to include ESG risks.
Enforcement
CSRC Pledges to Improve Listed Company Governance, Supervision
By Sanday Chongo Kabange | 15/11/2020
A targeted campaign will be launched to improve supervisory oversight in the capital market and enhance corporate governance in listed companies.
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