Securities / Derivatives

Securities / Derivatives

China Directs Local Gov’ts to Allow Bond Underwriting by Foreign Banks

By Editors | 07/01/2020

Local governments have been told to revise their procedures and remove restrictions to allow foreign-invested banks to participate in bond underwriting syndicates.

Securities / Derivatives

Taiwan Easing Rules to Encourage More Domestic Investment

By Editors | 07/01/2020

In March, the FSC will announce which banks qualify to issue new structured note products, after the regulator eased regulations on the investment targets they can be linked to.

Securities / Derivatives

CFETS to Launch Interest Rate Options Pilot in February

By Editors | 07/01/2020

Market participants must demonstrate adequate internal operating procedures and risk management systems are in place, and apply by 7 February to become interest rate option market trading members.

Securities / Derivatives

HKEX Chief Lays Out Vision for Decade Ahead

By Editors | 07/01/2020

Charles Li says HKEX will leverage the disruptive power of technology to enhance connectivity between China and the rest of the world in stock, bond and commodity markets.

Securities / Derivatives

RBI Expands Scope of Currency Derivatives Reporting Regime

By Editors | 07/01/2020

To date, the reporting framework only required banks to report currency derivatives transactions worth over $1mn. All transactions below this threshold now have to be reported.

Securities / Derivatives

PBOC Clarifies Handling of Defaulted Interbank Bonds on Maturity

By Editors | 07/01/2020

The clarification is aimed at improving the disposal mechanism for interbank bonds that have defaulted on maturity or have matured early due to legal reasons such as bankruptcy.

Securities / Derivatives

SZSE, CSDC Issue Implementing Rules for ‘Full Circulation’ of H-Shares

By Editors | 06/01/2020

Full circulation will allow shareholders of mainland companies to convert non-tradeable, domestically-held shares into H-shares for trading in Hong Kong.

Enforcement

Shanghai Bourse Launches New Market Surveillance System

By Editors | 06/01/2020

The new monitoring system will enhance the effectiveness of front-line supervision, ensure fair transactions, and promote the stable and healthy development of the capital market, the SSE says.

Securities / Derivatives

Philippine SEC Approves Implementing Guidelines on Short Selling

By Editors | 06/01/2020

The new implementing guidelines address concerns over the effect of SBL and short selling transactions on trading participants’ books and records, error transactions, and capital adequacy.