Securities / Derivatives

Enforcement

S. Korean Regulators to Probe All Private Fund Operators

By Manesh Samtani | 04/07/2020

A new inter-agency team, led by the FSS, will be established by mid-July, and refer any illegalities detected to authorities for ‘swift action’ including prosection.

Securities / Derivatives

SFC Asks HKEX to Raise Guard Against Conflicts of Interest

By Editors | 04/07/2020

The SFC says Listing Department personnel should not attend business meetings with prospective listing applicants, and HKEX should further reinforce ‘Chinese Walls’.

Securities / Derivatives

Sri Lanka Bourse to Introduce Easier Listing Rules from 15 July

By Duruthu E Chandrasekera | 04/07/2020

Requirements on capital, profitability and net assets have been relaxed to pave the way for new listings from start-ups and tech firms.

Big Picture

Virtual Banks Could Shake Up Funds Industry – Report

By Editors | 03/07/2020

Successful virtual banks are likely to branch out into wealth management services, robo-advisory and fund distribution, says a new Calastone paper.

Securities / Derivatives

CBIRC Issues Treasury Bond Futures Trading Rules for Insurers

By Editors | 02/07/2020

Insurers can only trade treasury bond futures to hedge asset risk, lock in the price on future purchases, or manage interest rate risks caused by asset and liability mismatches.

Securities / Derivatives

Singapore Banks Join Forces to Reduce Commodity Lending Risk

By Editors | 02/07/2020

Some 20 banks in Singapore have set up a working group to propose new guidelines to improve lending practices and transparency for the commodity sector.

Capital / Liquidity

S. Korea Advances OTC Derivatives Reforms

By Editors | 02/07/2020

Cabinet-approved legislative revisions will introduce an OTC derivatives reporting requirement, a licensing system for trade repositories, and penalties for circumventing margin rules.

Securities / Derivatives

PBOC Finalises Rules on ‘Standardised Note’ Issuance

By Editors | 02/07/2020

Standardised notes will be considered money market instruments, backed by commercial paper which generates cash flows for distribution to investors.

Securities / Derivatives

India Standardises Stamp Duty on Securities Transactions Nationwide

By Editors | 02/07/2020

India has revised its framework for levying the stamp duty on securities transactions, in a bid to ensure uniformity across the country.