Securities / Derivatives

Market Infrastructure

Opening Up China’s Futures Market: A Consistent Message

By Manesh Samtani | 12/08/2019

Since the start of this year, Chinese regulators have been consistent about a plan to opening up the futures market to foreign investors.

Securities / Derivatives

China Relaxes ‘One Size Fits All’ Margin Financing Rules

By Editors | 12/08/2019

Brokerage firms can set lower thresholds before margin calls need to be initiated, and can accept additional forms of collateral to make up any shortfalls.

Market Infrastructure

RBI Task Force Suggests Enhancements to Onshore Rupee Market

By Editors | 10/08/2019

The task force recommends implementation of margin requirements for non-centrally cleared OTC derivatives “at the earliest”.

Enforcement

CSRC Imposes Six-Month Business Restriction on GF Securities

By Editors | 09/08/2019

The CSRC cited risk management and control deficiencies as reasons for the restrictions, after a hedge fund set up by the broker reported losses of $139mn for 2018.

Market Infrastructure

ISDA Begins Review of Post-trade Services

By Editors | 09/08/2019

ISDA is conducting targeted surveys to identify opportunities for greater automation, reduced operational risk and lower costs in post-trade services.

Securities / Derivatives

S. Korea Announces Adjusted Schedule for Initial Margin Rules

By Editors | 09/08/2019

Korea has adjusted its domestic implementation schedule for the incoming requirements, taking into account the one-year phased extension announced by BCBS and IOSCO in July.

Securities / Derivatives

China Allows Banks to Trade Bonds Via Stock Exchanges

By Editors | 08/08/2019

Currently, Chinese banks mostly trade bonds only in the interbank market. The move will increase their allowed scope for bond investments and improve the real economy’s access to financing.

Fintech / Regtech

Singapore Brokers Directed to Enhance Trade Surveillance Systems

By Manesh Samtani | 08/08/2019

MAS and SGX RegCo have released a practice guide outlining five guiding principles for brokers to use in the review and design of their trade surveillance programmes.

Enforcement

SGX RegCo to Boost Regulatory Presence, Oversight

By Manesh Samtani | 08/08/2019

At a regulatory briefing on Wednesday, SGX RegCo CEO Tan Boon Gin laid out the work ahead to enhance investor confidence and deter wrongdoing.