Securities / Derivatives

    Securities / Derivatives

    SFC Investigation Disclosure Obligation Presents Challenge to Industry

    By Manesh Samtani | 24/05/2019

    The SFC has clarified aspects of the new disclosure obligation, but concerns remain over logistical and administrative burdens, say ASIFMA and Herbert Smith Freehills.

    ESG / Sustainability

    HKEX Consults on ESG Reporting Framework

    By Editors | 24/05/2019

    HKEX is reviewing its ESG reporting framework to ensure it remains fit for purpose and is up to date with investor and stakeholder expectations and international best practice.

    Securities / Derivatives

    China to Open Bond Futures Market to Domestic Banks

    By Editors | 24/05/2019

    Opening up bond futures trading to banks will improve volumes, liquidity, hedging tools, and price discovery across the broader bond market.

    Market Infrastructure

    Japan T+2 Settlement to Start on 16 July

    By Editors | 23/05/2019

    T+2 settlement to go live in Japan following working group discussions and the successful completion of operational checks.

    Securities / Derivatives

    FSC Korea Mulls Relaxation of Five Percent Rule

    By Editors | 23/05/2019

    Investors who own 5% or more of a listed company must disclose any ownership change within 5 days, a requirement that has prevented some institutional investors from exercising their voting rights.

    Securities / Derivatives

    SEBI Permits Mutual Funds to Trade Commodity Derivatives

    By Editors | 23/05/2019

    Mutual funds will be allowed to trade exchange-traded commodity derivatives, but cannot invest in physical goods, except through gold ETFs.

    Securities / Derivatives

    China to Pilot Cross-Market Bond Index Funds

    By Editors | 22/05/2019

    The CSRC and PBOC are planning to launch pilot bond index mutual funds that can be traded either on stock exchanges or the interbank market.

    Securities / Derivatives

    HKEX to Extend After-Hours Session From 17 June

    By Editors | 21/05/2019

    The enhancement will provide investors greater flexibility during US market hours and improve risk management, HKEX says.

    Enforcement

    Ex-JP Morgan Managing Director Charged with Bribery

    By Editors | 20/05/2019

    A former JP Morgan Securities managing director offered to employ the son of a potential client as a reward for “showing favour” in hiring the bank for IPO sponsor work.

    Securities / Derivatives

    BNM Announces Initiatives to Boost Market Liquidity, Accessibility

    By Editors | 20/05/2019

    The changes include enhanced repo market liquidity and flexibility, easier access to forex market, and an improved delivery mechanism for MGS futures settlements, among others.

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