Securities / Derivatives

Securities / Derivatives

HKEX Launches Master SPSA Service for Fund Managers

By Editors | 10/07/2020

The new service allows pre-trade checking of China A shares for northbound Stock Connect trading at the fund manager or aggregate level.

Enforcement

CSRC to Punish 258 Firms Illegally Financing Margin Trading

By Editors | 09/07/2020

The CSRC warns that illegal lenders are offering margin loans via websites, mobile apps and social media, promising investors 10 times leverage and high profits.

Market Infrastructure

HKEX Clears First HONIA-based Interest Rate Swaps

By Manesh Samtani | 09/07/2020

The first centrally cleared HONIA interest rate swap contract was between BOCHK and HSBC, marking a significant step to promote HONIA’s adoption in the financial industry.

Securities / Derivatives

ASIC Directs Listed Firms to Disclose Covid-19 Impacts

By Editors | 09/07/2020

Firms should “tell the story” of how their businesses are impacted by the Covid-19 pandemic, including support and assistance received from government, lenders, landlords and others.

Capital / Liquidity

BCBS Finalises Targeted Revisions to CVA Risk Framework

By Editors | 08/07/2020

Completion of the final adjustments to the CVA framework represents the conclusion of outstanding policy work related to the Basel III framework.

Securities / Derivatives

Record Korea Budget to Support Corporate Bond-buying

By Editors | 08/07/2020

The supplementary budget will cover a 1tr won capital injection for an SPV that will purchase low-rated corporate bonds and commercial paper.

Securities / Derivatives

Malaysia to Promote Greater Capital Market Innovation

By Editors | 07/07/2020

The SC will invite innovative stockbroking models such as digital-only brokers and algo trading platforms. Bursa’s trading and clearing memberships will be separated.

Securities / Derivatives

SEBI Finalises Amendments to Investment Adviser Rules

By Editors | 07/07/2020

The final rules increase the net worth, qualification and experience requirements for investment advisers and introduce client-level segregation of advice and distribution activities.

Enforcement

FSS Korea Considers Legal Action Against HK Hedge Fund

By Editors | 07/07/2020

Large losses on leveraged positions at Hong Kong-based Gen2 Partners earlier this year prompted a liquidity squeeze and a freeze on early redemptions.