Securities / Derivatives

Securities / Derivatives

Shanghai Bourse Lists First ETF Tracking French Stocks

By Editors | 15/06/2020

The listing of the new ETF represents the culmination of the SSE’s capital markets cooperation with Euronext, following an MOU signed in October 2018.

Securities / Derivatives

China Finalises New IPO Rules Shenzhen’s ChiNext Board

By Editors | 15/06/2020

Under the new market-based IPO pricing system, companies seeking a ChiNext listing will have to abide by stricter information disclosure rules, but will no longer require CSRC approval.

Securities / Derivatives

S. Korea Unveils New Corporate Asset Purchase Programme

By Editors | 15/06/2020

KAMCO, a state-run distressed asset manager which was deployed during the 1997 financial crisis, will set up a special purpose vehicle to buy up corporate assets for fair market prices.

Securities / Derivatives

ASIC Issues Guidance on Listed Company Executive Pay Decisions

By Editors | 14/06/2020

The high-level guidance set out specific factors boards and remuneration committees should consider when exercising discretion on executive variable pay in the current environment.

Securities / Derivatives

CSRC Green-lights Trading in Six New Commodity Options Contracts

By Editors | 14/06/2020

The ZCE will launch trading steam coal options; the DCE will launch polypropylene, PVC and LLDPE options; and the SHFE will launch aluminum and zinc options.

Enforcement

Malaysia: Former Trust Consultant Jailed for Securities Fraud

By Editors | 13/06/2020

The former consultant promised investors guaranteed returns but used the monies they paid for share trading in her personal account.

Securities / Derivatives

AMAC Issues Guidance on Private Fund Performance Remuneration

By Editors | 13/06/2020

The guidelines articulate four basic principles private fund managers are required to follow in designing and implementing performance remuneration mechanisms.

Fintech / Regtech

Taiwan Fintechs to Gain Access to Canada’s Securities Sandbox

By Editors | 12/06/2020

The CSA sandbox allows firms to obtain exemptive relief from securities law requirements to test new products and services in the Canadian market on a time-limited basis.

Enforcement

Shanghai Police Detain Anxin Trust Controller Over Illegal Loans

By Editors | 12/06/2020

Police have detained Anxin Trust’s biggest shareholder for lending assets under management in trust products to friends and other associates.