Securities / Derivatives

Securities / Derivatives

ISDA Consults on Proposals to Clean Up CDS Market

By Editors | 12/03/2019

The proposals seek to end a trading practice of encouraging otherwise healthy companies to default by offering them favourable financing in order to pocket CDS payouts.

Enforcement

UBS, StanChart to Settle Hong Kong IPO Misconduct Case

By Editors | 12/03/2019

The case goes back to the 2009 listing of a Chinese timber company, which was later suspended for accounting irregularities. Details of the settlement will be released at a later date.

Securities / Derivatives

HKEX to Launch China A-Share Futures Contract

By Editors | 12/03/2019

The development represents a key risk management tool for international investors who need to manage their A-share equity exposure, says HKEX chief Charles Li.

Securities / Derivatives

China’s AMAC Proposes Stricter Rules for Private Funds

By Manesh Samtani | 08/03/2019

Private equity, venture capital and hedge fund managers are facing more stringent requirements to register a product with the Asset Management Association of China.

Securities / Derivatives

Shanghai Exchange Signals Possible End-May Launch for New Tech Board

By Editors | 08/03/2019

The SSE gave its first indication of a launch date for the new science and technology board in a WeChat post, saying the trading system will be ready at the end of May.

Securities / Derivatives

S. Korea FSC Chair Renews Call to End Stock Transaction Tax

By Editors | 08/03/2019

Lawmakers want the securities transaction tax abolished. The government want a more gradual approach. FSC chairman Choi Jong-ku welcomes either discussion.

Securities / Derivatives

China Allows IMF Access to Domestic Markets Through RQFII

By Editors | 08/03/2019

The CSRC said it made the decision after receiving an application from the IMF, whose RQFII investment quota has not yet been revealed.

Market Infrastructure

BCBS, IOSCO Guidance Offers Some Relief on Margin Requirements

By Manesh Samtani | 07/03/2019

Institutions should start work immediately to ensure readiness for the Phase 5 implementation of margin reform in September 2020, says KPMG’s Tom Jenkins.

Securities / Derivatives

SWIFT, SGX, SLIB Join Forces to Test Blockchain Based e-Voting

By Editors | 06/03/2019

SWIFT, SGX, and software firm SLIB will collaborate with DBS, Deutsche Bank, HSBC and Standard Chartered to test the use of DLT in e-voting in Asia Pacific.