Securities / Derivatives

    Enforcement

    Chinese Exchanges Implement Compulsory Delisting Norms

    By Garima Chitkara | 21/11/2018

    The Shanghai and Shenzhen exchanges have implemented rules on the criteria for compulsory delisting of firms accused of major securities, public health or national security related violations.

    Securities / Derivatives

    China Opens Interbank Bond Market to Retail Investors

    By Editors | 20/11/2018

    Retail investors will be able to buy government bonds directly from bank branches or online, as policymakers seek to boost demand for government securities and offer investors more choice.

    Crypto / Digital Assets

    What SGX Expects of Listed Companies Conducting an ICO

    By Boon Gin Tan | 20/11/2018

    SGX RegCo chief Boon Gin Tan offers clarity around the regulatory obligations of listed companies that may choose to offer ICOs as a way to finance business growth.

    Securities / Derivatives

    SFC Begins Thematic Review to Assess Risk at Licensed Corporations

    By Garima Chitkara | 19/11/2018

    The regulator will conduct a review of selected firms in Hong Kong with a view to understanding risks arising from remote risk booking, operational risk and data risk.

    Securities / Derivatives

    Philippines Enhances Fair Value Pricing of Financial Instruments

    By Editors | 16/11/2018

    The new guidelines tweak rules on marking to market to align with international standards, promote transparency and confidence in the markets, and encourage active market trading.

    Securities / Derivatives

    Japan to Probe Corporate Bond Underwriting Practices

    By Garima Chitkara | 14/11/2018

    An FSA official told Bloomberg that the regulator will discuss the issue of unsold bonds held by underwriters during its regular discussions with market participants.

    Market Infrastructure

    SGX to Launch New T+2 Securities Settlement System from 10 December

    By Manesh Samtani | 14/11/2018

    Among several other enhancements, moving from a T+3 to a T+2 settlement cycle will harmonise Singapore with stock markets in Australia, the EU, Hong Kong and the US.

    Securities / Derivatives

    SGX RegCo to Give Minority Shareholders Bigger Say on Delistings

    By Editors | 12/11/2018

    Parties making the voluntary delisting offer to privatise an issuer will not be allowed to vote on the delisting resolution, as is the case in Hong Kong and Australia.

    Securities / Derivatives

    China Brokers Guard Against Stock-Pledged Loan Defaults – Report

    By Editors | 09/11/2018

    China’s brokerages are looking to boost capital to guard against further falls in the markets that could threaten the value of loans backed by stock pledges.

    Securities / Derivatives

    S. Korea FSC Chair Proposes Abolishing Securities Transaction Tax

    By Editors | 08/11/2018

    The KOSPI has fallen nearly 20% from this year’s peak, prompting FSC chairman Choi Jong-ku to propose that lawmakers abolish the securities transaction tax.

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