Securities / Derivatives

Securities / Derivatives

Bangladesh Banks Show Little Interest in Stock Market Investment

By Duruthu E Chandrasekera | 15/07/2020

Despite a central bank programme offering credit support for banks to invest in the stock market, banks are showing little interest in participating.

Enforcement

Chinese Financial Regulators Vow Crackdown on Fraud

By Editors | 14/07/2020

The FSDC set out measures to speed up investigations and criminal prosecutions, increase penalties and civil compensation, and improve stock market delisting mechanisms.

Securities / Derivatives

CSRC Issues New Classification Regulations for Securities Firms

By Lucy Zhang | 14/07/2020

The new regulations maintain the overall framework of the regulatory system of classification and focus on optimising the CSRC’s evaluation indexes to address practical issues.

ESG / Sustainability

FSDC Proposes Measures to Advance Hong Kong as ESG Hub

By Editors | 14/07/2020

Hong Kong needs a more coordinated policy environment and an ESG policy roadmap, to provide greater certainty and foster confidence for institutional investors, the FSDC says.

Market Infrastructure

SFTR Reporting Regime Goes Live for Sell-Side Firms

By Editors | 13/07/2020

Banks, investment firms, CSDs and CCPs started reporting securities financing transactions to approved trade repositories on Monday.

Market Infrastructure

SEBI Allows Foreign Stock Exchanges to Set Up in Gift City

By Editors | 13/07/2020

Indian or foreign stock exchanges can set up a majority-owned subsidiary with other investors to provide stock exchange services in Gift City.

Market Infrastructure

HKMA Proposes New Code of Practice for Banks’ Trust Companies

By Manesh Samtani | 13/07/2020

The HKMA is looking to address a lack of conduct requirements for trust businesses used by banks and their subsidiaries for wealth management purposes.

Securities / Derivatives

Philippines Proposes Regulatory Framework for Corporate Debt Funds

By Sanday Chongo Kabange | 13/07/2020

The new closed-end investment vehicle will enable investment in debt paper issued by large and medium-sized corporations, to help avert credit and liquidity crises.

Enforcement

CSRC Imposes Underwriting Restrictions on GF Securities

By Editors | 13/07/2020

14 GF Securities officers have also been barred from investment banking. The enforcement action is related to a $12.6bn fraud at drugmaker Kangmei Pharmaceutical.