Securities / Derivatives

Securities / Derivatives

HK Bourse Asks IPO Applicants to Detail Covid-19 Impacts, Contingency Plans

By Editors | 05/03/2020

The Hong Kong stock exchange has reportedly asked IPO applicants for information on supply chain disruptions, business contingency plans, and cash burn rates, among others.

Securities / Derivatives

S. Korea Set to Introduce Trade Repository in October

By Editors | 03/03/2020

Legislative revisions have been approved establishing statutory provisions for a trade repository, and penalties up to 100mn won for failures to report OTC derivatives transaction information.

Securities / Derivatives

S. Korea Mulls Hong Kong-Style Short Selling Rules

By Editors | 03/03/2020

The FSC and FSS are considering restricting short-selling of listed companies based on market cap in a bid to level the playing field for retail investors.

Securities / Derivatives

Indonesia Halts Short Selling, Cuts Reserve Requirements

By Editors | 03/03/2020

Short selling was halted to stop panic selling after the first two cases of Covid-19 were detected in the country. Separately, the central bank has introduced 5 new policy measures.

Securities / Derivatives

China to Launch Registration-based System for Bond Issuance

By Editors | 02/03/2020

Issuers of enterprise and corporate bonds will have to meet higher disclosure requirements under the new registration-based system, while the role of intermediaries is also strengthened.

Market Infrastructure

BOJ Begins Publishing Securities Financing Transaction Data

By Editors | 02/03/2020

The data is collected monthly from approximately 50 financial institutions with the largest SFT trading volume, including transactions with overseas counterparties and intra-group transactions.

Enforcement

Japan FSA Fines Nissan $22m Over Ghosn Misconduct

By Editors | 01/03/2020

The fine is the second-highest penalty ever imposed by the FSA, and a response to 8 years of under-reported remuneration by Nissan’s former chairman Carlos Ghosn.

Securities / Derivatives

Entities Allowed to Operate in Gift City Without Forming New Company

By Editors | 28/02/2020

According to SEBI, entities can offer financial services in Gift City in connection with the securities market without forming a separate company.

Securities / Derivatives

All SGX Issuers Can Apply for Time Extension to Hold AGM

By Editors | 28/02/2020

The two-month extension for companies to hold their AGM applies to all issuers that need more time, irrespective of their place of business or operations.