Securities / Derivatives

Securities / Derivatives

MAS, ACRA, SGX RegCo Update Guidance on Meeting Conduct

By Editors | 01/04/2020

Guidance is provided on holding general meetings in light of the current 10-person limit on attendance of any event in Singapore.

Securities / Derivatives

NZX Subsidiary to Assume Frontline Regulatory Functions

By Editors | 01/04/2020

The new subsidiary will be structurally separate from NZX’s commercial and operational activities and governed by a largely independent board.

Securities / Derivatives

SFC Extends Deadlines on Three Regulatory Initiatives

By Editors | 31/03/2020

The deferred initiatives relate to new requirements on external data storage, client asset protection, and brokers’ systems for maintaining order life cycle data.

Securities / Derivatives

SEBI Extends Implementation Timelines on Key Market Reforms

By Editors | 31/03/2020

The new stewardship code for mutual funds is deferred three months. Portfolio managers, AIFs, and VC funds have two more months to comply with new disclosure requirements.

Big Picture

Short-selling Bans Fail to Achieve Positive Effects: WFE

By Manesh Samtani | 31/03/2020

In Asia, South Korea, Malaysia and Indonesia have imposed short-selling bans, while Thailand, Taiwan and India have tightened their rules to make the practice more difficult.

Securities / Derivatives

China Launches New LPG Futures, Options Contracts

By Editors | 31/03/2020

The day-apart launches mark the first time futures and options for a single product debut nearly simultaneously on a Chinese commodities exchange.

Capital / Liquidity

ECB Calls on Banks to Suspend Dividends, Buybacks for Six Months

By Editors | 30/03/2020

Rabobank, ING, ABN Amro, UniCredit, Commerzbank, Banco Santander, KBC Bank, Allied Irish Bank and Bank of Ireland have suspended dividend and buyback plans until 1 October.

Securities / Derivatives

Goldman, Morgan Stanley Approved to Control China Securities JVs

By Editors | 29/03/2020

The two US banks have approval to raise their stakes in their securities joint ventures to 51%. On 1 April, foreign ownership caps for securities firms and fund managers will be scrapped entirely.

Securities / Derivatives

Hong Kong to Update List of FSPs Under Clearing Obligation

By Editors | 27/03/2020

Eight additional entities are proposed to be included on the list of Financial Services Providers under the OTC derivatives clearing regime.