Securities / Derivatives

Securities / Derivatives

SET Unveils Three Pillar Growth Strategy for 2020

By Editors | 21/01/2020

The SET will look to set up trading links with Cambodia, Laos, Myanmar and Vietnam this year, expecting much of its growth to be driven by offshore-related investment products and IPOs.

Securities / Derivatives

Philippine Regulators Ease REITs Rules with New Framework

By Editors | 21/01/2020

The new rules remove stringent tax and minimum public ownership requirements under a 2009 law that prevented the rise of REITs in the Philippine capital market.

Securities / Derivatives

SEBI Mandates Additional Disclosures for Debt Securities

By Editors | 21/01/2020

Under the new format, listed companies need to disclose deviations in the use of debt issuance proceeds from the objects stated in their offer documents.

Enforcement

CSRC Lifts Citadel Securities’ 4-Year Trading Suspension

By Editors | 21/01/2020

Citadel Securities has agreed to pay almost $100mn to settle charges that its algorithmic trading disrupted the market during the 2015 market correction.

Securities / Derivatives

SFC Offers Brokers, Fund Managers Guidance on Risk Governance

By Editors | 21/01/2020

Senior management, including the board, responsible officers and MICs will be held accountable for the overall risk management control of their firms.

Securities / Derivatives

IOSCO Issues Final Report Recommending UTC Time Stamping of Trades

By Editors | 20/01/2020

Trading venues and their participants should synchronise the clocks they use for timestamping reportable events with coordinated universal time (UTC), IOSCO says.

ESG / Sustainability

TWSE Adds Climate Risk to Disclosure Rules for Listed Companies

By Editors | 20/01/2020

Listed companies are required to disclose information on their governance of climate-related risks and opportunities, and the actual and potential impacts of their activities on climate.

Enforcement

MAS Issues First Penalty for Shareholder Disclosure Breach

By Editors | 20/01/2020

An investor was fined S$200,000 for failing to disclose that he had become a substantial shareholder in a Catalist-listed company, and for subsequent disclosure rule breaches.

Enforcement

SEBI Exonerates Nine in NSE ‘Dark Fibre’ Case – Reports

By Editors | 17/01/2020

SEBI said there was no evidence to suggest the nine former and current NSE officials were involved in facilitating preferential market access for selected brokers.