Securities / Derivatives

Securities / Derivatives

ASIC Updates Guidance on Active ETF Internal Market Making

By Editors | 16/04/2020

Active ETFs are asked to rely on publicly available information for market making quotes, and to establish internal information barriers.

AML / KYC

SEBI Seeks Details on UBOs of Chinese, Hong Kong FPIs

By Editors | 16/04/2020

Prompted by the PBOC raising its stake in HDFC to over 1%, SEBI is reportedly concerned that Indian companies may face takeover threats from Chinese investors.

Big Picture

Hedge Funds Have Sufficient Liquidity, Low Leverage: IOSCO

By Editors | 15/04/2020

Hedge funds were found to have sufficient portfolio liquidity to meet investor redemption demands under normal market conditions, based on end-September 2018 data.

Securities / Derivatives

Malaysia, Shenzhen Bourses Enter MoU on Cross-border Collaboration

By Editors | 15/04/2020

The MoU will facilitate the display and joint promotion of Bursa Malaysia and SZSE benchmark indices in each other’s markets.

Enforcement

FSC Taiwan Probes Trading Controls at Hua Nan Securities

By Editors | 15/04/2020

Hua Nan Securities reportedly lost $158mn on derivative warrants in March as a result of poor internal controls.

Market Infrastructure

Cambodia: Securities Regulator to Undergo Digital Transformation

By Editors | 15/04/2020

The Securities and Exchange Commission of Cambodia will develop a digital reporting system and adopt technology requirements in its regulatory framework.

Securities / Derivatives

Thailand: SET Gets Powers to Respond to Market Disruptions

By Editors | 15/04/2020

In a market disruption event, the SET board now has the power to prohibit short selling and algorithmic trading on the spot, among other measures.

ESG / Sustainability

IOSCO Forms Task Force to Address Sustainable Finance Issues

By Editors | 15/04/2020

The Task Force will work on sustainability and ESG disclosure challenges for investors, including to enhance transparency and address investor protection issues.

Securities / Derivatives

China’s Top Two Brokerage Firms Explore Merger – Report

By Editors | 14/04/2020

A merger between Citic Securities and CSC Financial would create a $67bn investment bank, surpassing the market cao of most other foreign competitors.