Securities / Derivatives

Securities / Derivatives

SEBI Extends Deadline for New Rules on Handling Client Securities

By Editors | 30/08/2019

Following feedback from stock exchanges and market participants, SEBI has decided to extend the effective dates in a June circular by one month.

Market Infrastructure

Chinese Regulators Vow to Bring Quality Deals to Market

By FinanceAsia | 30/08/2019

The Chinese securities watchdog updated three draft regulations last week. For investors, it means both opportunity and challenge.

Securities / Derivatives

China Launches New FX Options Trading Pairs in Interbank Market

By Editors | 28/08/2019

Before Monday, the CFETS only provided FX options trading where one side of the pair was the CNY. New contracts include EUR/USD, USD/JPY, GBP/USD, AUD/USD and USD/HKD.

Securities / Derivatives

China to Accelerate Capital Market Reforms – Report

By Editors | 28/08/2019

The CSRC said it has adapted its plan to accelerate the opening-up of the capital market from international best practices.

Securities / Derivatives

CSRC to Allow Listed Companies to IPO Spinoff Units

By Editors | 26/08/2019

Under draft rules, parent companies must meet certain conditions to list spinoff units, including requirements to have been listed, and profitable, for at least the last three years.

Market Infrastructure

China Allows Foreign Investors to Use T+3 Bond Settlement

By Manesh Samtani | 26/08/2019

The move will further facilitate the participation of foreign institutional investors in the interbank bond market, who need the extra time to fund their trades.

AML / KYC

India Withdraws FPI Tax Surcharge Amid Foreign Pressure

By Editors | 26/08/2019

The surcharge, introduced last month, increased capital gains tax on foreign trusts investing in India to over 40%, prompting the stock market’s worst July in 17 years.

Market Infrastructure

EU Shareholder Rights Directive – It’s Time for APAC Firms to Act

By Demi Derem | 26/08/2019

Though a European regulation, SRD II will directly impact Asian intermediaries and hundreds of billions of euros in assets held by APAC investors, says Demi Derem at Broadridge.

AML / KYC

Investors Accuse BSEC Chairman of Embezzlement, Money Laundering

By Editors | 24/08/2019

The chairman of Bangladesh’s securities regulator is alleged to have approved IPOs for companies that falsified their financial statements to show higher profitability.