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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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