Securities / Derivatives

Securities / Derivatives

China NIFC Issues Rules for Anonymous Bond Auctions

By Editors | 10/09/2020

Anonymous bond auctions are typically used to dispose of defaulted bonds at a discount, without the seller having to reveal their identity to the buyer.

Enforcement

Bursa Malaysia Suspends Prop Trader For Order Book Manipulation

By Sanday Chongo Kabange | 10/09/2020

The trader placed buy orders at multiple price levels to induce other participants into the market and facilitate his own disposal of the shares at higher prices.

ESG / Sustainability

IOSCO to Harmonise Global ESG Disclosure Frameworks – Report

By Editors | 10/09/2020

A new IOSCO taskforce will work to identify commonalities across sustainability disclosure standards from across the world to develop principles-based guidelines.

Securities / Derivatives

BSP to Start Issuing Debt Securities Next Week

By Editors | 10/09/2020

The BSP’s authority to issue its own debt paper was restored through legislation passed last year. The first auction of BSP securities will take place on 18 September.

AML / KYC

FIA Releases Surveillance and Market Abuse Guidelines

By Editors | 09/09/2020

The guidelines cover requirements relating to monitoring, surveillance systems and the filing of suspicious transaction and order reports under the EU’s Market Abuse Regulation.

Capital / Liquidity

ISDA Chief Urges Continued Work on Initial Margin Implementation

By Editors | 09/09/2020

Phase 5 implementation will be the most demanding phase yet, and firms will need to be ready well in advance to avoid a last-minute compliance bottleneck.

Securities / Derivatives

Colombo Exchange Eyes New Measures to Lure Foreign Investment

By Duruthu E Chandrasekera | 09/09/2020

Besides tax incentives, CSE Chairman Dumith Fernando told Regulation Asia the exchange has initiated a five-pronged strategy to bolster the capital market.

Securities / Derivatives

TWSE to Launch Market Making System by June 2021

By Editors | 09/09/2020

Brokerages electing to serve as market makers will benefit through reduced handling fees, and be allowed to freely choose which eligible shares to trade.

Securities / Derivatives

SEBI Revises Mutual Fund Side Pocketing Standards

By Sanday Chongo Kabange | 08/09/2020

Previously, only debt securities downgraded below investment grade can be side pocketed. Side pocketing will be allowed for even higher-rated debts that are restructured due to Covid-19.