Securities / Derivatives

Securities / Derivatives

SBV Directs Banks to Support Borrowers, Cuts Interest Rates

By Editors | 19/03/2020

The central bank  has directed banks to restructure repayment periods, cut interest rates, waive fees and maintain debt classifications to support borrowers.

Securities / Derivatives

S. Korea to Launch Market Stabilisation Funds, More SME Support

By Editors | 19/03/2020

The government has also decided on emergency financial measures worth 50 trillion won to support SMEs and individuals with low credit ratings.

Securities / Derivatives

FMA, NZX Announce Support Measures for Listed Companies

By Editors | 19/03/2020

The measures include higher capital raising capacity for issuers, a two month extension for financial reporting, and delays for some regulatory work.

Enforcement

Australia: SocGen Securities Unit Charged for Client Money Rule Breaches

By Editors | 19/03/2020

Societe Generale Securities Australia self-reported three matters over 2017 and 2018, and has completed all remediation actions in relation to its operational set-up.

Securities / Derivatives

Malaysia Allows Listed Companies to Defer Quarterly, Annual Reports

By Editors | 19/03/2020

Listed companies and REITs managers with a financial year-end of 31 December 2019 can also defer their AGMs.

Securities / Derivatives

HKEX to Introduce Master SPSA Service for Fund Managers

By Editors | 18/03/2020

The new service allows pre-trade checking of China A shares for northbound trading at the fund manager level rather than at the individual fund level.

Securities / Derivatives

SET Revises Circuit Breaker Mechanism to Curb Volatility

By Editors | 18/03/2020

The circuit breaker will be triggered in three stages instead of two. The ceiling and floor limits for securities and derivatives are also revised.

Securities / Derivatives

S. Korea Revises FX Derivatives Rule to Ease USD Funding Stress

By Editors | 18/03/2020

The limits on banks’ foreign currency forward positions will be raised to guard against a US dollar funding shortage amid a mass exodus of foreign capital.

Enforcement

AMP Units Pay ASIC Penalties for Trade Reporting Failures

By Editors | 18/03/2020

The AMP entities failed to report information about over 1,000 derivatives transactions and to correctly report collateral information about over 19,000 transactions over several years.