Securities / Derivatives

Fintech / Regtech

Singapore Brokerages to Enter Race for Digital Bank Licences

By Garima Chitkara | 04/12/2019

Domestic brokerages Phillip Securities and iFAST prepare to draw up applications digital banking licence to fend off competition from foreign entrants and domestic banks expanding into brokerage business.

ESG / Sustainability

Japanese Pension Fund Moves Against Short Sellers

By Editors | 04/12/2019

Japan’s Government Pension Investment Fund, the world’s largest, said it will no longer allow overseas shares to be lent out from its global equity portfolio.

ESG / Sustainability

Almost All SGX Companies Produce Sustainability Reports Since Mandate

By Editors | 04/12/2019

99.8% of SGX listed companies have produced sustainability reports, according to a joint review conducted by SGX RegCo and the Centre for Governance, Institutions and Organisations.

Market Infrastructure

FMSB Drafts Good Practice Statement on Sovereign Bond Auctions

By Editors | 04/12/2019

The Statement of Good Practice seeks to identify some of the key conflicts of interest that can arise in sovereign and supranational auctions, and to set out measures to enhance market transparency.

Enforcement

Major Indian Bourses Suspend Karvy Trading Licences

By Editors | 04/12/2019

BSE, NSE, MCX, MSEI suspend Karvy Stock Broking; NSDL returns to 90% of clients the securities that were illegally pledged at lenders by Karvy.

Securities / Derivatives

KRX Introduces Measures to Stimulate Repo Markets

By Editors | 03/12/2019

Korea Exchange has expanded the scope of investors permitted to participate in its repo market to include pension funds, insurance companies and collective investment vehicles.

Securities / Derivatives

Korea FSS Pledges to Improve Environment for Foreign FIs

By Editors | 03/12/2019

At a meeting with bank and asset manager heads, the FSS promised to lower regulatory and operational barriers for foreign firms looking to enter Korea’s financial markets.

Securities / Derivatives

SEBI Sets Earlier Cut-Off Time for Commodity Margin Computations

By Editors | 03/12/2019

The 5pm cut-off, compared to 11.30pm currently, will make it easier for trading members to compute and collect client margins, effective from April 2020.

Securities / Derivatives

BSP Relaxes Requirements on Issuance of Debt Instruments

By Editors | 03/12/2019

Related companies of issuing banks are allowed to underwrite or arrange LTNCTDs, bonds and commercial papers, subject to certain conditions.