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Market Infrastructure
NZX Confirms 10 December Go-Live Date for NZ RegCo Model
By Editors | 11/11/2020
The model will structurally separate NZX’s commercial and regulatory interests, similar to the approach adopted in Singapore, Japan and Brazil.
Securities / Derivatives
China Launches First New Domestic Securities Firm in Ten Years
By Editors | 11/11/2020
The company was set up to take over the securities-related assets of CEFC Shanghai Securities, whose licenses were revoked last year.
Market Infrastructure
The AIFMD Review: Potential Impacts for Asia Pacific
By Arthur Carabia | 10/11/2020
While some of the proposals could be harmful to market participants, the review presents an opportunity to clarify certain elements of AIFMD, says ICMA’s Arthur Carabia.
Securities / Derivatives
Thailand Makes Stock Trading Fees Tax-deductible Until Year-End
By Editors | 10/11/2020
The SEC has notified investors that they can use securities and futures trading fees for tax deductions under a new government scheme.
Enforcement
SFC Fines Credit Suisse Securities Over Market Making Errors
By Editors | 09/11/2020
Credit Suisse Securities submitted 17,000 erroneous market making quotes to the market in 8 minutes due to a logic error in its symbol mapping programme.
ESG / Sustainability
TAIFEX to Expand Offshore Index Futures Suite with FTSE 100 Futures
By Editors | 09/11/2020
TAIFEX already offers Dow Jones, S&P 500 and Nasdaq-100 index futures. FTSE 100 Futures will further enhance its ability to cater to offshore investors.
Market Infrastructure
SGX to Launch New Derivatives, Expand CME Clearing Relationship
By Manesh Samtani | 09/11/2020
SGX is launching five new equity futures contracts based on FTSE Russell indices. Two of the contracts will be available under SGX’s mutual offset system with CME Group.
Securities / Derivatives
SEBI to Require Debt Funds to Hold Liquid Assets, Stress Test
By Editors | 09/11/2020
Open-ended debt mutual fund schemes will have to hold at least 10% of their net assets in liquid assets, and mandatorily conduct stress testing.
Fintech / Regtech
SGX Enables SingPass Authentication for CDP Transactions
By Editors | 09/11/2020
The introduction of SingPass offers CDP customers better convenience and security when they transact online, and forms part of SGX’s ‘CDP Goes Digital’ initiative.
Securities / Derivatives
SEBI Introduces ‘Flexi Cap’ Category for Mutual Funds
By Editors | 09/11/2020
The new ‘Flexi Cap Fund’ category allows fund managers to dynamically change their allocations across small, mid and large-cap stocks.
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