Securities / Derivatives

Securities / Derivatives

SEBI Directs Funds to Trade Corporate Bonds Through Exchanges

By Sanday Chongo Kabange | 23/07/2020

From October, SEBI will require mutual funds to trade at least 10 percent of their corporate bonds through RFQ platforms of stock exchanges to enhance transparency and price discovery.

Enforcement

ASIC Commences Civil Penalty Proceedings Against FX Firm

By Sanday Chongo Kabange | 22/07/2020

Forex Capital Trading and its sole director allegedly used high pressure sales tactics, false or misleading statements, and conflicted remuneration to maximise trading volume and client deposits.

Securities / Derivatives

Singapore: ACRA Proposes Amendments to Companies Act

By Editors | 22/07/2020

An ACRA working group recommends reforms to facilitate digitalisation, review financial reporting requirements, and safeguard shareholders’ interests, among other proposals.

Securities / Derivatives

SEBI to Phase In Stricter Stock Trading Margin Norms From December

By Editors | 22/07/2020

The new rules are expected to severely impact intra-day stock trading, which accounts for about 90% of the market volumes in India.

Securities / Derivatives

SGX, Nasdaq Agree to Streamline Dual Listing Process

By Editors | 21/07/2020

Under the agreement, information previously filed with the US SEC or Nasdaq can be used to fulfil documentary requirements for a dual listing in Singapore.

Securities / Derivatives

Malaysia Introduces Enhanced IPO Framework for Main Market

By Editors | 21/07/2020

The new framework will introduce a mandatory holistic consultation process, a longer exposure period for the draft prospectus, and a more liberal principal adviser regime.

Market Infrastructure

Bloomberg Begins Publishing IBOR Fallback Rates for Derivatives

By Editors | 21/07/2020

The calculations being published include the adjusted RFRs, the spread adjustment and the ‘all in’ IBOR fallback rates for certain key IBORs across various tenors.

Securities / Derivatives

CSRC Updates Rules for Managing Margin Deposits for Futures

By Editors | 21/07/2020

The revisions strengthen the obligations of depository banks and futures companies in managing margin deposits for futures trading, and clarify that the same rules apply for overseas participants.

AML / KYC

MAS Seeks Expanded Powers to Address Financial Sector Risks

By Manesh Samtani | 21/07/2020

MAS proposes to expand its powers to issue prohibition orders, regulate virtual asset service providers, and impose technology risk management requirements on firms.