Securities / Derivatives

ESG / Sustainability

HKMA Urges Family Offices to Set Up in Hong Kong

By Editors | 17/01/2020

The HKMA has been working to enhance Hong Kong’s competitiveness as a family office hub by developing talent, enhancing investment opportunities, and outreach.

Securities / Derivatives

CBIRC to Impose New Rules on Cash Management Products

By Editors | 16/01/2020

The rules will require banks’ cash management products to invest in shorter duration assets and limit leverage to 120%, among other requirements.

Market Infrastructure

Trade Deal to Enable Early Entry of US Firms to China

By Manesh Samtani | 16/01/2020

Under the agreement, the December timeline for China’s removal of foreign ownership limits in the securities sector is brought forward to April.

Securities / Derivatives

SGX Proposes Tighter Auditing, Property Valuation Standards

By Editors | 16/01/2020

Foreign issuers may appoint foreign auditors, but an ACRA-registered firm must also serve as a joint auditor. Standards for property valuations by issuers are also being raised.

Market Infrastructure

ISDA Chief Calls for Certainty on China Close-out Netting

By Manesh Samtani | 16/01/2020

The lack of legal certainty and judicial recognition on close-out netting can impede capital market development in China, impacting domestic FIs the most, ISDA’s Scott O’Malia said.

Securities / Derivatives

Hang Seng Index Operator Seeks Views on Constituent Eligibility

By Editors | 16/01/2020

The operator of the Hang Seng Index is soliciting market views on the eligibility of weighted voting rights and secondary-listed companies for inclusion in the benchmark.

Securities / Derivatives

SEBI Grants Two-Year Reprieve for Separation of Chairman, MD Roles

By Editors | 15/01/2020

The top 500 listed companies by market cap have two additional years to comply with a requirement to separate the roles of chairman and managing director.

Crypto / Digital Assets

Japan FSA to Limit Crypto Leverage to 2x Deposits – Report

By Editors | 15/01/2020

The rule will be stricter than the 4x leverage limit imposed by the Japan Virtual Currency Exchange Association, the industry’s self-regulatory organisation.

Securities / Derivatives

Hong Kong, China Resume Discussions on ETF Connect

By Editors | 15/01/2020

SFC deputy chief executive Julia Leung has indicated that discussions with the CSRC have resumed to address the technical challenges of implementing an ETF Connect.