Securities / Derivatives

Securities / Derivatives

S. Korea to Reduce Securities Transaction Tax This Year

By Editors | 25/03/2019

The stock trading tax will be cut on the KOSDAQ, KOSPI and KONEX. Capital gains taxes on stock transactions to also be changed.

Securities / Derivatives

JPX-TOCOM Merger Agreement Expected by End-March

By Editors | 22/03/2019

JPX and TOCOM plan to merge this year to create an all-in-one bourse that handles both stocks and commodity futures, but challenges will remain even after a final agreement is reached.

Enforcement

Singapore Court Issues First Jail Sentence for 2013 Penny Stock Crash

By Editors | 22/03/2019

Former Ipco International interim CEO Goh Hin Calm was sentenced to three years imprisonment for his role in the 2013 multi-billion-dollar penny stock crash.

Securities / Derivatives

ISDA Publishes Full Version of Derivatives Lifecycle Blueprint

By Editors | 22/03/2019

The ISDA Common Domain Model for interest rate and credit derivatives has been published, part of a push to standardise global derivatives trading and automate market practices.

Securities / Derivatives

SFC Orders Brokers to Freeze Client Assets in Market Manipulation Case

By Editors | 22/03/2019

The prohibition orders as part an investigation into suspicious trading which appeared to create a false market in China Ding Yi Feng shares leading to an “irrationally high share price”.

Market Infrastructure

SEBI Consults on Adoption of Dual Class Share Structures

By Editors | 22/03/2019

SEBI’s consultation paper seeks feedback on the issuance of dual class shares by companies already listed in India and those that may be in future.

Securities / Derivatives

ACMF Advances Efforts on Sustainable Finance, Regional Connectivity

By Editors | 20/03/2019

The ASEAN Capital Markets Forum has endorsed a roadmap for promoting sustainable investment and launched a framework for cross-border publication of research.

Securities / Derivatives

Shanghai’s New High-Tech Board Starts Receiving IPO Applications

By Editors | 20/03/2019

Eleven firms have so far announced plans to list on the new board, six of which are already traded on OTC markets or other exchanges.

Securities / Derivatives

SFC Extends Compliance Deadline for New Rules on Complex Products

By Editors | 20/03/2019

The SFC has extended the deadline for compliance with new rules requiring firms to ensure client suitability when selling complex products by two months.