Securities / Derivatives

Capital / Liquidity

HK SFC Launches Thematic Review of Prime Brokerage, Equity Derivatives

By Editors | 01/11/2017

Regulator says prime brokerage a growing revenue stream for institutions as Hong Kong’s asset management, hedge fund sectors expand.

Securities / Derivatives

Hong Kong Dual-class Listings Not Quite a Brave New World

By Peter Guy | 30/10/2017

Abandoning plans for third board and allowing main board dual-class shares do nothing to support start-ups or attempts to reinvent HK economy.

Securities / Derivatives

HK Brokers Face Cost Squeeze from Cybersecurity Guidelines

By JP Reimann | 30/10/2017

Brokers will be required to use 2FA for client log-ins; implement raft of new measures including management responsibility, stress tests.

Capital / Liquidity

Singapore Proposes Liquidity Risk Management Rules for Fund Managers

By Samuel Riding | 30/10/2017

MMFs will face more enforceable requirements than other portfolios, including rules on average maturity, 1-day/5-day redemption.

Market Infrastructure

Indonesia, Vietnam Join Virtual Currency Clampdown

By Editors | 30/10/2017

Indonesian central bank says ‘financial innovation’ requires pre-approval; State Bank of Vietnam to pass law outlawing virtual currencies next year.

Market Infrastructure

Hong Kong Extends After-hours Index Futures Trading

By Editors | 23/10/2017

From 6 November, trading in mini and full versions of HSI and HSCEI index futures will be extended to 1am Hong Kong time.

AML / KYC

India to Allow Currency Hedging by Non-resident Companies

By Samuel Riding | 19/10/2017

RBI (the Reserve Bank of India) will allow central treasuries used by non-resident companies to hedge their rupee currency risk from trade transactions.

Enforcement

India Releases Draft Rules for Electronic Trading Platforms

By Editors | 16/10/2017

Move comes as National Stock Exchange bids to end case of alleged unfair access via its co-location facility by offering to pay fine.

Market Infrastructure

US, Europe Agree Margin Requirement, Trading Venue ‘Comparability’

By Editors | 16/10/2017

Swap dealers or major market participants subject to EC margin rules can assume ‘substituted compliance’ when dealing in US.