Securities & Trading

The three banks failed to conduct proper due diligence and verify cash that appeared to be abnormally restricted when underwriting Yongcheng Coal’s bonds.

The LME's trading ring has been used for metals trading since 1877. It's temporary closure in March due to the Covid-19 pandemic may end up being permanent.

Eligible issuers can offset up to 90% of the external review costs incurred for the issuance of sustainable sukuk and bonds, subject to a maximum MYR 300,000 per issuance.

The new contract will cater to participants who prefer cash settlement and smaller contract sizes, such as medium-sized corporates and individuals.

Companies will be required to meet a market cap threshold of TWD 1.5 billion to list on the new ‘Taiwan Innovation Board’, and profitability requirements will be eased.

Non-banking financial institutions will have to report details about their FX exposures monthly to ensure their FX liquidity remains adequate.

The new office will handle pre-application consultation, registration and supervision, with all communications available in English.

Each Hong Kong or Thai fund approved under the MRF scheme will have to appoint a firm in the other market to serve as its representative.

90% of the new quotas were granted to 14 fund managers, including China Southern Asset Management, E Fund Management, Bosera Asset Management and Harvest Fund Management.

Challenges assessing the credit quality of underlying corporates in China's onshore bond market has been one of the key barriers for foreign investors, ICMA says in a new report.