Securities / Derivatives

Securities / Derivatives

China Blocks Southbound Access to Dual-Class Stocks

By Manesh Samtani | 16/07/2018

Shanghai and Shenzhen bourses release joint statement barring domestic investors from trading in foreign companies, stapled securities and stocks with weighted voting rights structures listed in Hong Kong.

Securities / Derivatives

SEBI Blocks Cash Payments To Stock Brokers

By Garima Chitkara | 16/07/2018

Stock brokers are no longer allowed cash payments either directly or deposited into their bank accounts, as India aims to promote digital payments and a cashless economy.

Securities / Derivatives

SGX to Roll Out Central Clearing for Bilateral OTC FX Derivatives

By Garima Chitkara | 16/07/2018

Singapore Exchange to launch trading solutions allowing privately negotiated OTC FX trades to be cleared like standard FX futures; launch set for 27 August encompassing five currency pairs, including USD/CNH.

Securities / Derivatives

FSC Eases Listings for Taiwan Owned Foreign Companies

By Emma Zhou | 13/07/2018

New rules to attract overseas companies to list in Taiwan include the removal of a profitability requirement and a shortening of the FSC’s listing application review process.

Market Infrastructure

SEBI Amends Stress Testing Methodology for Commodity Derivatives

By Garima Chitkara | 12/07/2018

Minimum capital requirement for settlement guarantee fund has been fixed at INR100mn, as opposed to being determined through daily stress tests.

Securities / Derivatives

China Brokers Face Loan Risks Amid Market Sell-Off – Report

By Manesh Samtani | 11/07/2018

Equity-backed loans amount to 103% of net capital at Chinese brokerages; $2tn sell-off since January rapidly eroding value of collateral, reports Bloomberg.

AML / KYC

FATF Consults on Securities Sector AML/CFT Guidance

By Manesh Samtani | 11/07/2018

Guidance aimed at assisting to countries, competent authorities, providers of securities products and services, and intermediaries in risk-based design and implementation of applicable AML/CFT measures.

Securities / Derivatives

Myanmar Stock Market Starts to Open to Foreign Investors

By Emma Zhou | 10/07/2018

Under a new law due to take effect from 1 August, resident foreigners will be able to invest in up to 35% of the share capital of YSX-listed companies.

Securities / Derivatives

China Further Opens A-shares Market to Foreign Investors

By Garima Chitkara | 09/07/2018

CSRC has received tentative State Council approval to allow foreign individuals living in China or working abroad for listed A-share companies to open domestic securities accounts.