Securities / Derivatives

Uncategorised

Australia Passes Law to Allow Employees to Choose Super Fund

By Sanday Chongo Kabange | 04/09/2020

The bill will allow Australians to choose their own superannuation fund instead of being forced to invest in mandatory superannuation funds offered by their employers.

Securities / Derivatives

Letter from SGX RegCo Chairman and CEO for FY2020

By Prof Tan Cheng Han | 04/09/2020

SGX RegCo’s chairman and CEO share lessons from the Covid-19 on building immunity, taking a proportionate response and increasing resilience.

Securities / Derivatives

New Zealand Extends Overseas Investment Notification Requirement

By Editors | 04/09/2020

The notification regime allows the government to impose conditions on or block transactions that are contrary to New Zealand’s national interest.

Market Infrastructure

China Issues Draft Rules Easing Foreign Access to Bond Market

By Editors | 04/09/2020

The rules simplify application procedures for foreign bond investors, unify rules governing various investment channels, and optimise remittance and foreign exchange operations.

Uncategorised

New US Exchange MEMX Postpones Launch for Additional Testing

By Sanday Chongo Kabange | 03/09/2020

Wall Street-backed MEMX will begin trading in six symbols on 21 September before trading all National Market System stocks on 29 September.

Securities / Derivatives

CSRC Grants Citigroup Fund Custody Licence in China

By Editors | 02/09/2020

Standard Chartered is the only other foreign bank to have obtained a fund custody licence in China. Citi becomes the first US bank to do so.

Securities / Derivatives

DBS Approved to Establish Securities Joint Venture in China

By Editors | 02/09/2020

DBS has become the eighth foreign financial institution to win approval to take majority ownership of a securities venture in China.

Securities / Derivatives

SEHK to Codify General Waivers to Streamline Listing Process

By Editors | 02/09/2020

Hong Kong’s stock exchange will codify a number of general waivers and principles relating to IPOs and issuers, effective from 1 October 2020.

ESG / Sustainability

Thailand SEC, UK Govt to Collaborate in Financial Sector

By Editors | 02/09/2020

The initial focus areas of the partnership will include green bonds, the fintech ecosystem, e-KYC and cybersecurity, the SEC and UK government said.