Securities / Derivatives

Securities / Derivatives

SGX RegCo to Give Minority Shareholders Bigger Say on Delistings

By Editors | 12/11/2018

Parties making the voluntary delisting offer to privatise an issuer will not be allowed to vote on the delisting resolution, as is the case in Hong Kong and Australia.

Securities / Derivatives

China Brokers Guard Against Stock-Pledged Loan Defaults – Report

By Editors | 09/11/2018

China’s brokerages are looking to boost capital to guard against further falls in the markets that could threaten the value of loans backed by stock pledges.

Securities / Derivatives

S. Korea FSC Chair Proposes Abolishing Securities Transaction Tax

By Editors | 08/11/2018

The KOSPI has fallen nearly 20% from this year’s peak, prompting FSC chairman Choi Jong-ku to propose that lawmakers abolish the securities transaction tax.

Securities / Derivatives

CSRC Addresses Lengthy Stock Suspensions in New Guidance

By Editors | 07/11/2018

China’s listed companies have historically used trading halts to prevent stock price declines during market stress, preventing investors from selling for long periods of time.

Securities / Derivatives

S. Korea to Improve Access to Capital Market Financing

By Mark Pufpaff | 06/11/2018

Once the improvement measures are enacted, innovation will be accelerated as the fundraising environment for small enterprises will improve, said FSC chairman Choi Jong-ku.

Securities / Derivatives

Shanghai Stock Exchange to Launch New Technology Board

By Manesh Samtani | 06/11/2018

Announced by President Xi Jinping, the new science and technology board will subject innovative enterprises to different profitability and ownership requirements.

Capital / Liquidity

China’s Listed Companies Receive Support from Brokers

By Editors | 05/11/2018

Eleven brokerages have contributed $3.7bn to help listed companies facing liquidity issues, while a new programme is launched to support corporate bond issuances.

Market Infrastructure

SEBI to Introduce UPI Payment Option for Retail IPO Investors

By Editors | 02/11/2018

Enabling the UPI for retail investors subscribing to public share issues through intermediaries will cut IPOs listing times from six to three days, according to local media reports.

AML / KYC

FATF Issues Guidance on Securities Sector Risk-based Approach

By Editors | 02/11/2018

The guidance supports the design and implementation of the risk-based approach for securities products and services, which can create opportunities for criminals to launder proceeds of crime.