Securities / Derivatives

Securities / Derivatives

CSRC Issues Draft Rules for Private Equity Funds

By Editors | 17/09/2020

The rules seek to address concerns that some private equity funds are being used as vehicles for public fundraising and qualified investor requirements are being circumvented.

Enforcement

Singapore Convicts Three Individuals for Unauthorised Trading

By Editors | 16/09/2020

The former trading representatives acted on the instructions of a fourth individual to use accounts belonging to family, friends and clients to buy and sell Skyone shares.

Enforcement

SFC Bans Sponsor Principal for 20 Months Over 2017 IPO Application

By Manesh Samtani | 16/09/2020

Former Yi Shun Da Capital CEO breached the code of conduct and sponsor guidelines in his work on the listing application of Imperial Sierra Group in 2017.

Securities / Derivatives

India to Introduce New Interest Rate Derivatives Products

By Editors | 16/09/2020

The new products will be accessible to FPIs as well as non-residents transacting with Indian market makers through intermediaries.

Fintech / Regtech

BNP, Digital Asset to Develop DLT Connectivity to ASX, HKEX

By Editors | 15/09/2020

BNP Paribas Securities Services and Digital Asset have joined forces to design real-time trade and settlement apps using DAML smart contracts.

Capital / Liquidity

ISDA, CCDC to Promote Global Use of China Bonds as Collateral

By Editors | 15/09/2020

ISDA and the CCDC will soon publish research making the case for yuan-denominated bonds to be used internationally as collateral.

Securities / Derivatives

CBSL to Allow Foreign Investors to Hedge Currency Risk with Swaps

By Duruthu E Chandrasekera | 15/09/2020

As part of measures to lure foreign investment back into Sri Lanka, the government also plans to channel banks’ funds into the stock market.

Market Infrastructure

BOT Expects Limited Impact from Transition to THOR

By Manesh Samtani | 15/09/2020

BOT has asked all commercial banks to form working groups to prepare for the changes, saying it will follow up to assess transition progress.

Enforcement

Korea to Strengthen Penalties for Naked Short Selling

By Manesh Samtani | 15/09/2020

Under a new bill, unauthorised short selling can be punished criminally, in addition to a penalty up to 300% of profits obtained or losses avoided through the short selling.