Securities / Derivatives

Securities / Derivatives

China Launches Depository Receipt Pilot

By Editors | 31/03/2018

Overseas-listed tech firms with market cap over 200 billion yuan can issue CDRs; unlisted firms valued over 20 billion yuan to be considered for domestic listings.

Enforcement

ICICI Bank Fined for Failing to Disclose Debt Securities Sale

By Garima Chitkara | 31/03/2018

ICICI Bank sold debt securities from its held-to-maturity portfolio in excess of 5 percent of total value without the necessary disclosure in contravention with RBI rules.

Market Infrastructure

India to Democratise Algo Trading Access

By Garima Chitkara | 29/03/2018

New measures aimed at cheaper access to tick data and co-location, greater disclosure on algorithms and latency from exchanges, stiffer penalties for high order-to-trade ratios.

Securities / Derivatives

Australia Introduces Funds Passport Legislation

By Editors | 29/03/2018

Implementation of Asia Region Funds Passport to be complemented by a new corporate structure vehicle to export to investors in Asia.

Fintech / Regtech

SFC Issues Robo-advice Guidelines

By Samuel Riding | 29/03/2018

Robo-advice platforms should explain how their underlying algorithms operate, ensure regular testing to ensure they remain fit for purpose.

Market Infrastructure

Hong Kong Issues LEI, Platform Trading Consultation for OTC Derivatives

By Samuel Riding | 29/03/2018

Paper says adopting LEIs should be mandatory for most market participants within six months of consultation conclusions being published.

Securities / Derivatives

China Launches Crude Oil Futures

By Manesh Samtani | 27/03/2018

Foreign investors allowed to participate in China’s futures market for the first time; foreign currencies to be used for margin deposits to facilitate foreign participation.

Securities / Derivatives

S.Korea to Introduce Mandatory Governance Disclosures

By Garima Chitkara | 26/03/2018

Large listed banks will be required to disclose corporate governance and internal controls starting 2019 based on norms to be released by FSC and KRX.

Market Infrastructure

India to Implement Early Warning System for Broker Defaults

By Garima Chitkara | 26/03/2018

SEBI consulting on draft measures on norms on early detection of potential default among stock brokers through an Intelligent and Specific Early Warning System.