Securities / Derivatives

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.

Market Infrastructure

MAS, CSRC Enhance Cooperation on Capital Markets, Derivatives

By Editors | 01/11/2018

The derivatives MoU will enhance cross-border supervision and the development of futures markets, while staff exchanges will deepen ties between the agencies.

Market Infrastructure

NZX Overhauls Listing Rules in Transition to Single Board

By Editors | 30/10/2018

New listing rules to take effect from January, in advance of migration to a single board where equity, debt and fund issuers will be covered in a single rule set.