Securities / Derivatives

Securities / Derivatives

China Announces Tax Breaks for Investors in CDRs

By Editors | 17/04/2019

Investors will be exempt from tax on profits from trading CDRs for three years, in addition to preferential tax treatment on dividend income.

Securities / Derivatives

Malaysia Consults on Migration to Scripless Securities Market

By Editors | 17/04/2019

Bursa Malaysia has issued new rule amendments to facilitate a move towards paperless record keeping and certificate issuance for the securities market.

ESG / Sustainability

Hong Kong’s SFC Releases Guidance on Green Funds Disclosure

By Editors | 15/04/2019

The SFC has set out its disclosure expectations for fund managers claiming a green or ESG focus in their investment products, in a bid to facilitate informed decision making by investors.

Fintech / Regtech

India Brokers Asked to Report on AI, ML Systems by 15 Apr

By Editors | 13/04/2019

In line with  January circular from SEBI, BSE India has asked stock brokers to submit their cybersecurity compliance reports for the Jan-Mar quarter.

Market Infrastructure

US SEC Recognises NZX as Designated Offshore Market

By Editors | 11/04/2019

NZX participants will no longer be required to maintain a reasonable belief that clients are non-US domiciled persons in order to trade on their behalf.

Securities / Derivatives

Close-Out Netting Essential for Asia Derivatives Markets – ISDA

By Manesh Samtani | 11/04/2019

Close-out netting is the single most effective tool for reducing credit risk between counterparties, says ISDA chief Scott O’Malia, highlighting the ambiguity over its treatment in key jurisdictions.

Securities / Derivatives

China Expands Retail Access to Government Bonds

By Editors | 10/04/2019

With the government bond market now open to retail investors, China is relaxing a restriction that only allowed bond-buying during the first 10 days of the month.

Securities / Derivatives

Digital Asset, ISDA Collaborate to Drive Adoption of ISDA CDM

By Editors | 10/04/2019

Digital Asset will help create a new reference code library that will simplify and standardise the process of generating lifecycle events defined in the ISDA Common Domain Model.

Market Infrastructure

DTCC Partners with Droit to Automate Pre-Reporting Decision-Making

By Editors | 10/04/2019

DTCC’s pre-reporting solution can now determine – in real-time – the global cross-regulatory reporting implications and obligations for a particular transaction.