Securities / Derivatives

Securities / Derivatives

TWSE Amends Disclosure Rules to Transition to Bilingual Capital Market

By Editors | 03/01/2020

TWSE listed companies with end-2019 paid-in capital over $500mn will be required to publish informational materials in both Chinese and English from 1 July.

Securities / Derivatives

SGX RegCo Launches Review of Regulatory Framework for Retail Bonds

By Editors | 02/01/2020

The working group tasked with recommending changes to the framework comprises representatives from the Securities Investors Association Singapore, DBS, OCBC, and UOB, among others.

Enforcement

CLSA, CITIC Securities Censured for Breaching Share Buyback Rules

By Editors | 02/01/2020

CLSA and CITIC Securities carried out pre-arranged trades on the SEHK to allow Beijing Enterprises Holdings to buyback its shares without regulatory or shareholder approval.

Securities / Derivatives

SGX RegCo to Overhaul Enforcement Approach – Reports

By Editors | 31/12/2019

SGX RegCo chief Tan Boon Gin wants stronger protections against misconduct, faster enforcement outcomes and greater clarity to be provided to the market.

Enforcement

SFC Fines Fidelity Unit for Unlicensed Futures Dealing

By Editors | 31/12/2019

FIL Investment Management executed over 6,700 futures trades for overseas affiliates without a Type 2 licence, and delayed reporting the breach to the SFC.

Securities / Derivatives

Taiwan to Launch Real-time Data Feed for Futures Market

By Editors | 30/12/2019

The launch of TAIFEX’s real-time data feed will coincide with the TWSE’s introduction of a continuous trading mechanism for equities in March.

Securities / Derivatives

SEBI Introduces Mandatory Stewardship Code for Fund Managers

By Editors | 28/12/2019

The new stewardship code will help institutional investors protect their clients’ wealth, improve corporate governance, and promote the development and regulation of the securities market.

Enforcement

SEBI Establishes Insider Trading Whistleblower Protection Office

By Editors | 28/12/2019

The ‘Office of Informant Protection’ is charged with receiving and processing information on insider trading disclosed by whistleblowers, and with protecting their identities.

Market Infrastructure

Japan Unveils Final Report on Proposed TSE Reorganisation

By Editors | 28/12/2019

The transition to three market sections is expected to be completed within H1 2022, but the changes will be implemented gradually in phases to mitigate the impact on listed companies.