Securities / Derivatives

    Enforcement

    High-level Panel Proposes Overhaul of SEBI Enforcement Mechanism

    By Editors | 18/06/2020

    The panel says intermediary regulations need to be amended to speed up enforcement action, and that SEBI should be granted the authority to seize assets subject to investigation.

    Market Infrastructure

    HKEX to Launch Sustainable Finance Information Platform, ‘STAGE’

    By Manesh Samtani | 18/06/2020

    Initially, ‘STAGE’ will host information on the 44 green bonds and two ESG-related ETFs listed in Hong Kong. Over time, it could expand to include equities, overseas products, and derivatives.

    Securities / Derivatives

    India Launches Delivery-based Gas Trading Platform

    By Editors | 18/06/2020

    Participants will be able to digitally trade natural gas in both the spot and forward markets, facilitating price discovery and lowering overall gas prices.

    Market Infrastructure

    Leveraging Technology and Hong Kong’s Unique Position to Manage Risk

    By John Killian | 18/06/2020

    Hong Kong markets have continued to operate resiliently, due in large part to the emphasis HKEX places on risk management, says Group Risk Officer John Killian.

    Securities / Derivatives

    China Pacific Insurance Lists GDRs in London

    By Editors | 17/06/2020

    The issuance is the largest capital raising on the LSE in three years, even at a 10% discount to China Pacific Insurance’s corresponding A-shares in Shanghai.

    Market Infrastructure

    Eurex Clears its First Interest Rate Swaps from Japan

    By Editors | 17/06/2020

    The FSA granted Eurex Clearing a licence as a foreign financial instruments clearing organisation in March, allowing it to offer clearing services in Japan.

    Market Infrastructure

    BOJ Expands Coronavirus Lending Programme to Over $1tr

    By Editors | 16/06/2020

    BOJ governor Haruhiko Kuroda indicated that the total size of the programme could rise further, particularly if a second wave of Covid-19 infections emerges.

    Securities / Derivatives

    US Federal Reserve Launches Bond-Buying Programme

    By Manesh Samtani | 16/06/2020

    A step not taken during the 2008 GFC, the Fed has started to buy corporate bonds in the secondary market, in a bid to support market liquidity and ensure credit availability.

    Securities / Derivatives

    ASIC Directs Investment Funds to Correct False Advertising

    By Editors | 16/06/2020

    Investment funds were falsely being promoted as having little or no risk of capital loss, where higher returns were highlighted without adequate disclosures of risk.

    Securities / Derivatives

    MUFG Bank Secures China Interbank Bond Market Licence

    By Editors | 16/06/2020

    MUFG Bank’s wholly-owned China subsidiary has become the first Japanese bank – and the eight foreign bank overall – to win a Bond Settlement Agent licence.

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