Securities / Derivatives

Securities / Derivatives

All SGX Issuers Can Apply for Time Extension to Hold AGM

By Editors | 28/02/2020

The two-month extension for companies to hold their AGM applies to all issuers that need more time, irrespective of their place of business or operations.

Market Infrastructure

ASX Finalises Changes to 3-year, 10-year Treasury Bond Futures Roll

By Editors | 27/02/2020

A consultation on the changes received 36 submissions, largely supportive of ASX’s proposals, citing reduced costs, operational efficiencies and improved order management capabilities.

Securities / Derivatives

SEBI Imposes New Margin Collection Norms on Brokers

By Editors | 27/02/2020

From 1 June, collateral accepted by brokers for margin purposes must be held in a separate demat account created in the depository system, tagged as ‘Client Securities Margin Pledge Account’.

Securities / Derivatives

New Securities Law Set to Take Effect in China

By Editors | 27/02/2020

The new law, set to take effect on Sunday, establishes the legal basis for the adoption of a registration-based IPO system across the entire A-share market.

Securities / Derivatives

HK FSDC Survey Highlights Regulatory Challenges in Wealth Management

By Editors | 26/02/2020

Survey and focus group participants highlighted KYC challenges, a lack of clarity on client suitability requirements, and overly onerous investor protection measures impeding professional investors.

AML / KYC

Hong Kong Announces Budget Initiatives to Boost Financial Sector

By Manesh Samtani | 26/02/2020

The initiatives include a waiver on stamp duties paid by ETF market makers, tax concessions for private equity funds, and planned enhancements to Hong Kong’s AML/CTF regime.

Securities / Derivatives

ASIC Proposes to Reduce Red Tape for Companies Planning IPOs

By Editors | 26/02/2020

ASIC proposes to grant conditional relief for voluntary escrow arrangements and pre-prospectus communications to existing shareholders and employees.

Securities / Derivatives

Bursa Malaysia Subsidiary to Assume All Regulatory Functions

By Editors | 25/02/2020

The establishment of the new wholly-owned subsidiary, ‘Bursa RegSub’, follows a similar approach to SGX, which formed SGX RegCo to undertake all regulatory functions in 2017.

Securities / Derivatives

SEBI Amends Margin Framework for Cash, Derivatives Segments

By Editors | 25/02/2020

Margin requirements will be lower for positions that are hedged against each other, making some options strategies more feasible for traders.