Securities / Derivatives

Big Picture

“Good Progress” On OTC Reform Among G20 Nations – FSB

By Garima Chitkara | 21/11/2018

The FSB found progress in OTC reform implementation on among 24 member jurisdictions, with great strides on trade reporting and higher capital on non-centrally cleared derivatives.

Enforcement

Chinese Exchanges Implement Compulsory Delisting Norms

By Garima Chitkara | 21/11/2018

The Shanghai and Shenzhen exchanges have implemented rules on the criteria for compulsory delisting of firms accused of major securities, public health or national security related violations.

Securities / Derivatives

China Opens Interbank Bond Market to Retail Investors

By Editors | 20/11/2018

Retail investors will be able to buy government bonds directly from bank branches or online, as policymakers seek to boost demand for government securities and offer investors more choice.

Crypto / Digital Assets

What SGX Expects of Listed Companies Conducting an ICO

By Boon Gin Tan | 20/11/2018

SGX RegCo chief Boon Gin Tan offers clarity around the regulatory obligations of listed companies that may choose to offer ICOs as a way to finance business growth.

Securities / Derivatives

SFC Begins Thematic Review to Assess Risk at Licensed Corporations

By Garima Chitkara | 19/11/2018

The regulator will conduct a review of selected firms in Hong Kong with a view to understanding risks arising from remote risk booking, operational risk and data risk.

Securities / Derivatives

Philippines Enhances Fair Value Pricing of Financial Instruments

By Editors | 16/11/2018

The new guidelines tweak rules on marking to market to align with international standards, promote transparency and confidence in the markets, and encourage active market trading.

Securities / Derivatives

Japan to Probe Corporate Bond Underwriting Practices

By Garima Chitkara | 14/11/2018

An FSA official told Bloomberg that the regulator will discuss the issue of unsold bonds held by underwriters during its regular discussions with market participants.

Market Infrastructure

SGX to Launch New T+2 Securities Settlement System from 10 December

By Manesh Samtani | 14/11/2018

Among several other enhancements, moving from a T+3 to a T+2 settlement cycle will harmonise Singapore with stock markets in Australia, the EU, Hong Kong and the US.

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.