Securities / Derivatives

Enforcement

S. Korea Amends Bill to Protect Private Equity Fund Investors

By Ranamita Chakraborty | 11/03/2021

The revision bill addresses issues with feeder funds, cross investing between PEFs managed by the same entity, and inappropriate sales activities involving coercive sales tactics.

Securities / Derivatives

Bangladesh Amends Listing Rules to Appease Retail Investors

By Ranamita Chakraborty | 11/03/2021

BSEC is proposing revisions to the listing rules to make the capital market more attractive for individual investors.

Securities / Derivatives

Chinese State-backed Funds Intervene to Calm Market

By Editors | 11/03/2021

The government reportedly blocked social media mentions of the stock market while local media outlets downplayed recent market turbulence.

Capital / Liquidity

PBOC to Limit Short-term Bond Issuance by Securities Firms

By Editors | 10/03/2021

Short-term bonds issued by securities firms will subject to a limit of 60% of net capital. The eligibility criteria have also been strengthened.

Market Infrastructure

HKMA Issues Guidance for Bond Connect FX Settlement Banks

By Editors | 09/03/2021

Hong Kong FX Settlement Banks should ensure that FX conversion and hedging transactions arise from “genuine and reasonable” Bond Connect investment needs.

Securities / Derivatives

OSE, TOCOM Propose Revised Contingency Plans for Derivatives

By Sanday Chongo Kabange | 09/03/2021

The OSE and TOCOM have proposed revisions clarifying the standards by which they will halt and resume trading in the event of a disruption in the derivatives market.

Securities / Derivatives

Bursa Malaysia Revamps Crude Palm Kernel Oil Futures Contract

By Editors | 09/03/2021

The enhancements aim to create an effective hedging instrument against the physical market and provide an alternative instrument for participants.

AML / KYC

SEBI Updates Rules on UCC, PAN Use in Commodity Derivatives

By Sanday Chongo Kabange | 09/03/2021

Execution of commodity derivatives trades will be prohibited without an upload of clients’ UCC details, which should be accompanied by the PAN or e-PAN.

AML / KYC

HK Bourse Offers Guidance on Compliance with BCAN Requirements

By Editors | 08/03/2021

Exchange participants are “strongly advised” to strengthen controls and take immediate action to rectify any breaches of BCAN requirements.