Securities / Derivatives

Securities / Derivatives

New Bill Could Ban Some Chinese Firms from US Capital Markets

By Editors | 06/07/2020

The bill would reportedly seek to ban Chinese companies that engage in spying or human rights abuse, or support China’s military or industrial policy.

Securities / Derivatives

Shanghai Bourse Issues Draft Rules on ‘Targeted’ Convertible Bonds

By Editors | 06/07/2020

Targeted convertible bonds to be used to support mergers, acquisitions, reorganisation, restructuring, or refinancing of listed companies.

Securities / Derivatives

PBOC Announces Planned Enhancements to Bond Connect

By Editors | 06/07/2020

The enhancements will include measures to reduce fees, extend trading hours, expand Bond Connect trading platforms; and enhance primary market service offerings.

Securities / Derivatives

What SGX RegCo Expects of Sustainability Reporting During Covid-19

By Boon Gin Tan | 05/07/2020

SGX RegCo’s Boon Gin Tan and Michael Tang discuss the social aspects that issuers should consider describing in their sustainability reports in the context of COVID-19.

Enforcement

ASIC Penalises Credit Suisse for Breaching Trading Rules

By Editors | 05/07/2020

Credit Suisse did not match client orders for on-market buy-backs on an order book as is required by ASIC’s market integrity rules.

Securities / Derivatives

Nearly 500,000 Australians Deplete Retirement Savings

By Editors | 05/07/2020

Industry Super Australia estimates that 480,000 Australians have wiped out their superannuation savings through the government’s early release scheme.

Securities / Derivatives

BSP On Course to Issue Central Bank Securities in Q3

By Editors | 05/07/2020

February 2019 amendments to the Central Bank Act restored the BSP’s authority to issue debt paper as part of its regular operations to manage liquidity and monetary policy.

Enforcement

S. Korean Regulators to Probe All Private Fund Operators

By Manesh Samtani | 04/07/2020

A new inter-agency team, led by the FSS, will be established by mid-July, and refer any illegalities detected to authorities for ‘swift action’ including prosection.

Securities / Derivatives

SFC Asks HKEX to Raise Guard Against Conflicts of Interest

By Editors | 04/07/2020

The SFC says Listing Department personnel should not attend business meetings with prospective listing applicants, and HKEX should further reinforce ‘Chinese Walls’.