ADVERTISEMENT
Enforcement
MAS Issues First Penalty for Shareholder Disclosure Breach
By Editors | 20/01/2020
An investor was fined S$200,000 for failing to disclose that he had become a substantial shareholder in a Catalist-listed company, and for subsequent disclosure rule breaches.
Enforcement
SEBI Exonerates Nine in NSE ‘Dark Fibre’ Case – Reports
By Editors | 17/01/2020
SEBI said there was no evidence to suggest the nine former and current NSE officials were involved in facilitating preferential market access for selected brokers.
ESG / Sustainability
Hong Kong, Thailand Set to Sign Cross-Border Funds Agreement
By Editors | 17/01/2020
Hong Kong’s SFC and Thailand’s SEC plan to sign a mutual recognition of funds agreement within the second quarter of this year.
ESG / Sustainability
HKMA Urges Family Offices to Set Up in Hong Kong
By Editors | 17/01/2020
The HKMA has been working to enhance Hong Kong’s competitiveness as a family office hub by developing talent, enhancing investment opportunities, and outreach.
Securities / Derivatives
CBIRC to Impose New Rules on Cash Management Products
By Editors | 16/01/2020
The rules will require banks’ cash management products to invest in shorter duration assets and limit leverage to 120%, among other requirements.
Market Infrastructure
Trade Deal to Enable Early Entry of US Firms to China
By Manesh Samtani | 16/01/2020
Under the agreement, the December timeline for China’s removal of foreign ownership limits in the securities sector is brought forward to April.
Securities / Derivatives
SGX Proposes Tighter Auditing, Property Valuation Standards
By Editors | 16/01/2020
Foreign issuers may appoint foreign auditors, but an ACRA-registered firm must also serve as a joint auditor. Standards for property valuations by issuers are also being raised.
Market Infrastructure
ISDA Chief Calls for Certainty on China Close-out Netting
By Manesh Samtani | 16/01/2020
The lack of legal certainty and judicial recognition on close-out netting can impede capital market development in China, impacting domestic FIs the most, ISDA’s Scott O’Malia said.
Securities / Derivatives
Hang Seng Index Operator Seeks Views on Constituent Eligibility
By Editors | 16/01/2020
The operator of the Hang Seng Index is soliciting market views on the eligibility of weighted voting rights and secondary-listed companies for inclusion in the benchmark.
Securities / Derivatives
SEBI Grants Two-Year Reprieve for Separation of Chairman, MD Roles
By Editors | 15/01/2020
The top 500 listed companies by market cap have two additional years to comply with a requirement to separate the roles of chairman and managing director.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.