Securities / Derivatives

Securities / Derivatives

APRA ‘Heatmaps’ to Expose Underperforming Super Funds

By Editors | 20/11/2019

The heatmap is designed to emphasise underperformance, not to be used as a peer ranking mechanism or give a pat on the back to better-performing superannuation products.

Securities / Derivatives

CSRC Solicits Comments on Revised Rules for Futures Exchanges

By Editors | 20/11/2019

The CSRC has revised its rules for futures exchanges to align with new developments, existing futures market practices, and international standards, as well as to improve front-line supervision.

Securities / Derivatives

SEBI Mandates Mapping of Brokers’ Client Codes with Demat Accounts

By Editors | 19/11/2019

The measure has been put in place to detect the diversion of client securities by brokers at an early stage so allow for appropriate preventive measures.

Enforcement

Philippine SEC Orders Takeover of Brokerage Following Stock Theft

By Editors | 19/11/2019

A settlement clerk siphoned client securities into a private account and sold them over eight years, leaving a $13.8 million hole in R&L Investments’ books.

Securities / Derivatives

CSRC to Allow Full Conversion of Non-tradeable Shares to H-Shares

By Editors | 19/11/2019

The move is seen as a way for state investors to exit some industries, and a way for some mainland companies to raise new funds and improve liquidity in their H-shares.

Market Infrastructure

China Eases Foreign Access to Interbank FX Derivatives for Hedging

By Editors | 18/11/2019

Under draft measures from SAFE, foreign institutional investors may participate in interbank FX derivatives to manage foreign exchange risk arising from interbank bond investments.

Enforcement

CSRC Revokes Licences of CEFC China Securities Unit

By Editors | 18/11/2019

CEFC Shanghai Securities Co used its own and client funds to provide financing to its parent and other affiliated companies for purchasing and leasing properties.

Crypto / Digital Assets

HSBC, SGX, Temasek Jointly Explore DLT for Singapore Bond Markets

By Editors | 15/11/2019

The trial will make use of tokenised securities and smart contracts over a permissioned ledger to streamline bond issuance and servicing workflows.

Securities / Derivatives

Malaysia Central Bank Revises Repo Rules

By Editors | 14/11/2019

New rules increase repo transaction tenor to five years and expand the list of eligible securities allowed in repo transactions.