Securities / Derivatives

Securities / Derivatives

ASIC Grants Two Month Extension for Holding AGMs

By Editors | 22/03/2020

ASIC will take no action if AGMs of listed companies are postponed for two months, and supports the use of technology to hold virtual or hybrid meetings.

Securities / Derivatives

SEBI Allows Extra Time to File Quarterly, Annual Results

By Editors | 20/03/2020

Listed companies will have until 30 June to file their quarterly and annual financial results for the period ending 31 March.

Securities / Derivatives

Taiwan Authorises Intervention by National Stabilisation Fund

By Editors | 20/03/2020

The central bank has also cut its policy rates and expanded lending facilities for banks to allow them to support SMEs impacted by the coronavirus.

Securities / Derivatives

SGX RegCo Offers Guidance on Holding General Meetings

By Editors | 20/03/2020

Measures include segregating attendees across various venues, adopting digital tools to conduct general meetings, and a 250-person limit at any given venue.

Capital / Liquidity

Philippine Stocks Resume Trading, Central Bank Relaxes Regulations

By Editors | 19/03/2020

The BSP has cut interest rates and relaxed regulations on compliance reporting by banks, calculation of penalties on required reserves, and single borrower limits.

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.