Securities / Derivatives

Enforcement

S. Korean Regulators Apologise for Private Fund Losses

By Editors | 30/07/2020

The FSC has meanwhile released new administrative guidance on private funds, aimed at strengthening supervision of the sector.

Securities / Derivatives

Trade Bodies Jointly Commit to Tackling Market Inefficiencies

By Manesh Samtani | 30/07/2020

The inefficiencies result from a prevalence of customised, paper-based legal documentation, a lack of data standards, and inconsistent reporting requirements.

Securities / Derivatives

Malaysia Issues Director Conduct Guidelines for Listed Issuers

By Editors | 30/07/2020

The guidelines set out the obligations of directors of listed companies and their subsidiaries, and requirements for the establishment of group-wide frameworks.

Securities / Derivatives

BSP Excludes Market-making Activities from Single Borrower Limit

By Editors | 29/07/2020

Debt securities acquired by banks from market-making activities will be excluded from the single borrower’s limit computation for 90 calendar days from the time of acquisition.

Enforcement

SEBI Offers One-time Settlement for 500+ Errant Brokers

By Editors | 29/07/2020

SEBI identified instances where trading participants were consistently making losses on stock options trading, only to reverse the losses later in the day or the next day.

Market Infrastructure

ESMA Set to Defer CSDR’s Settlement Discipline Regime

By Editors | 29/07/2020

The European Commission asked ESMA to consider a one-year deferral in light of operational pressures on firms and other market developments amid the Covid-19 pandemic.

Crypto / Digital Assets

Philippines Launches DLT-based Distribution of Retail Treasury Bonds

By Sanday Chongo Kabange | 29/07/2020

The launch of ‘Bonds.PH’ paves the way for the unbanked to affordably and easily invest in retail treasury bonds, said National Treasurer Rosalia V. De Leon.

Securities / Derivatives

Tokyo Commodity Exchange Proposes Trading Rule Revisions

By Editors | 29/07/2020

TOCOM plans to revise its trading rules to coincide with the launch of a next-gen derivatives trading system known at J-GATE 3.0 in Q3 2021.

Securities / Derivatives

New Zealand FMA Warns Derivatives Issuers to Ensure Compliance

By Sanday Chongo Kabange | 29/07/2020

Self-assessments by derivatives issuers have identified risks stemming from the way they handle client money, provide advice to retail clients, and handle vulnerable customers.