Securities / Derivatives

Securities / Derivatives

India: Gift City Regulator Targets International Retail Business

By Duruthu E Chandrasekera | 10/08/2020

A new panel has been appointed to provide recommendations on attracting international retail business to Gift City, India’s international financial services centre.

Securities / Derivatives

Korea: FSS to Probe Frozen Notes Linked to Singapore, Hong Kong

By Sanday Chongo Kabange | 10/08/2020

The FSS reportedly wants to determine why redemptions in some structured notes linked to Singapore trading firms have been frozen.

Securities / Derivatives

HKMA Warns of Risks in Leveraged Investment Products

By Editors | 09/08/2020

Banks should take into account Covid-19 in product due diligence and client suitability assessments, and exercise caution when dealing in leveraged products.

Enforcement

HK Bourse Seeks Broader Powers to Punish Misconduct

By Editors | 09/08/2020

Hong Kong’s stock exchange proposes to enhance its disciplinary regime to enhance its ability to hold accountable and sanction senior managers and directors responsible for misconduct.

Enforcement

US Regulators Unveil Plan to Deal With Chinese Listings

By Editors | 08/08/2020

A presidential working group which includes the chairmen of the SEC, CFTC and Fed has recommended changes to US listing rules to require access to companies’ audit papers.

Securities / Derivatives

China Paves Way for Class Actions in Securities Disputes

By Lucy Zhang | 07/08/2020

New regulations issued by China’s Supreme Court provide channels for small and medium investors to pursue joint litigation in securities disputes.

Enforcement

CEO Faces 112 Charges of Market Rigging in Singapore

By Editors | 06/08/2020

CEO and chairman of SGX-listed KS Energy is alleged to have engaged in conduct to push up his company’s stock and create a misleading appearance of its price.

Capital / Liquidity

RBI Adopts New Measures to Ease Covid-19 Financial Stress

By Editors | 06/08/2020

A new resolution framework will allow banks to continue to maintain the ‘standard’ classification for corporate borrowers in resolution rather than downgrade the account, among other measures.

Enforcement

SGX RegCo to Enhance Enforcement, Whistleblowing Frameworks

By Manesh Samtani | 06/08/2020

The proposed enforcement framework will seek to achieve swifter outcomes from the disciplinary process. Whistleblowing policies will become mandatory for listed issuers.