Securities / Derivatives

Securities / Derivatives

China Brokers Face Loan Risks Amid Market Sell-Off – Report

By Manesh Samtani | 11/07/2018

Equity-backed loans amount to 103% of net capital at Chinese brokerages; $2tn sell-off since January rapidly eroding value of collateral, reports Bloomberg.

AML / KYC

FATF Consults on Securities Sector AML/CFT Guidance

By Manesh Samtani | 11/07/2018

Guidance aimed at assisting to countries, competent authorities, providers of securities products and services, and intermediaries in risk-based design and implementation of applicable AML/CFT measures.

Securities / Derivatives

Myanmar Stock Market Starts to Open to Foreign Investors

By Emma Zhou | 10/07/2018

Under a new law due to take effect from 1 August, resident foreigners will be able to invest in up to 35% of the share capital of YSX-listed companies.

Securities / Derivatives

China Further Opens A-shares Market to Foreign Investors

By Garima Chitkara | 09/07/2018

CSRC has received tentative State Council approval to allow foreign individuals living in China or working abroad for listed A-share companies to open domestic securities accounts.

Enforcement

UPDATED – Samsung Securities Fined 144 Million Won For Dividend Error

By Garima Chitkara | 09/07/2018

South Korea’s FSC fined the company for an April ‘fat finger’ error, which led to the firm issuing 2.8 billion […]

Securities / Derivatives

India’s NSE Accused Of Fraud In Algo-Trading Case

By Garima Chitkara | 09/07/2018

India’s securities regulator has issued a notice to NSE for allegedly misuse of its co-location facility by some brokers seeking early access to the exchange’s algo-trading system.

Capital / Liquidity

ASIC Proposes New Capital Regime for Market Participants

By Manesh Samtani | 08/07/2018

New minimum capital for futures and securities participants proposed at A$1m and A$0.5m, respectively; futures and securities capital rulebooks to be consolidated.

Securities / Derivatives

SZSE Instructs Listed Companies to Reduce Leverage

By Emma Zhou | 06/07/2018

Shenzhen exchange targets highly-leveraged acquisitions, high-percentage stock pledges and high-debt operations, which are considered to be a threat to China’s economy.

Market Infrastructure

Bond Connect to Get Regulatory Boost from PBOC

By Garima Chitkara | 05/07/2018

PBOC will introduce same day delivery versus payment, block trading and a simpler tax regime for foreign investors; ten additional market makers also added to Bond Connect scheme, including JP Morgan, BAML and Mizuho Bank.