Securities / Derivatives

Securities / Derivatives

ASIC Allows ‘Frozen Funds’ to Pay Out Hardship Relief to Members

By Editors | 26/08/2020

The hardship relief will make it easier for responsible entities of frozen funds to enable withdrawals by investors suffering hardship, says ASIC’s Karen Chester.

Enforcement

Singapore CEO Fined Over ‘Interested Person’ Transactions

By Editors | 26/08/2020

Under the Securities and Futures Act, mainboard companies must immediately announce interested person transactions worth over 3% of tangible assets.

Securities / Derivatives

Thailand SEC to Allow Repo, Reverse Repo Trades by Retail Investors

By Editors | 25/08/2020

Allowing repo and reverse repo trades in listed securities and unit trusts with all investor types will provide them additional liquidity management tools, the SEC said.

Securities / Derivatives

ISDA Calls for Global Alignment in UPI, UTI Implementation

By Manesh Samtani | 25/08/2020

ISDA is urging the FSB to “intensify monitoring and coordination of jurisdictional alignment” to the global UTI, UPI and CDE recommendations.

Securities / Derivatives

SZSE’s ChiNext Debuts First 18 Listings Under New IPO System

By Manesh Samtani | 24/08/2020

18 companies rose by 212 percent on average on their first day of trading, with one company rising more than 2,900 percent during the day.

Securities / Derivatives

CBIRC Green-lights BlackRock-Temasek-CCB Joint Venture

By Editors | 24/08/2020

The wealth management joint venture is said to have received approval to commence establishment, with control resting with the two foreign institutions.

Securities / Derivatives

Australia Transitions to New Regulatory Regime for Litigation Funders

By Sanday Chongo Kabange | 24/08/2020

Litigation funders will have three months of transition relief before they have to mandatorily hold an AFS licence and comply with rules for managed investment schemes.

Securities / Derivatives

HK Bourse Finalises Changes to Professional Debt Regime

By Manesh Samtani | 23/08/2020

The issuer net assets requirement will be raised, a minimum issuance size will be introduced, and state corporations will be required to meet issuer eligibility requirements.

Securities / Derivatives

China to Pilot Direct Foreign Access to Interbank Bond Market

By Editors | 23/08/2020

Starting 1 September, foreign institutional investors and QFII/RQFII participants can trade in China’s interbank bond market on a trial basis.