Securities / Derivatives

Securities / Derivatives

The Role of Derivatives Markets in Sustainable Finance

By Editors | 16/07/2020

The derivatives market can contribute in the transition towards a low-carbon economy, due its ability to facilitate capital-raising via the hedging of risks related to sustainable investments.

Enforcement

China Issues Authoritative Guidance on Handling Bond Disputes

By Editors | 16/07/2020

In disputes involving breach of contract, fraud or false statements – the issuer, its controlling shareholders, directors, and senior management will be held liable for bondholder losses.

Capital / Liquidity

BSEC Frames Rules for Mandatory Trading of Banks’ Perpetual Bonds

By Duruthu E Chandrasekera | 16/07/2020

Two banks have received conditional approval to list perpetual bonds on Bangladesh’s stock exchanges, while BSEC works to frame its rules for the listings.

AML / KYC

BSP to Promote Inclusion by Lowering Investment Account Minimum

By Editors | 15/07/2020

The BSP is considering lowering minimum amount a client must maintain in an investment account from ₱1mn to ₱100,000.

Securities / Derivatives

CSRC to Introduce Side Pocket Mechanism for Funds

By Editors | 15/07/2020

The CSRC first issued draft guidelines in August 2019, saying it was “learning from liquidity risk management in overseas markets”.

Securities / Derivatives

FSDC Proposals to Advance Hong Kong as Family Office Hub

By Editors | 15/07/2020

The Financial Services Development Council has identified four areas where reform is needed to make Hong Kong a “more conducive operating environment” for family offices.

AML / KYC

MAS Issues AML Outsourcing Guidance for Capital Market Firms

By Editors | 15/07/2020

MAS found material lapses in outsourced AML/CFT controls, largely the result of poor assessment and due diligence processes, and lax oversight and monitoring.

Securities / Derivatives

Thailand SEC Approves Rules on High-yield Bond Funds

By Editors | 15/07/2020

High-yield bond funds can be set up as non-redeemable closed-end mutual funds or investment trusts, with a maturity period of at least two years.

Securities / Derivatives

Bangladesh Banks Show Little Interest in Stock Market Investment

By Duruthu E Chandrasekera | 15/07/2020

Despite a central bank programme offering credit support for banks to invest in the stock market, banks are showing little interest in participating.