Securities & Trading

Firms in the region either embrace, endure or avoid MiFID II’s LEI requirement, but must accept that it’s not just regulations from the US which now have a profound extraterritorial impact.

New guidance removes threat of criminal prosecution in cases of “non-serious” regulatory breaches and cooperation 'above and beyond' regulatory obligations.

Shenzhen, Shanghai exchanges confirm stock pledges and repos must serve real economy, limit proportion of stock allowed to be pledged.

Measures include overhauling Kosdaq listing requirements, strengthening competitiveness, and improving market soundness and investor trust.

The return of SAC Capital’s founder with a new venture reveals the complicated ethics of a post financial crisis world.

Listed securities must be traded on regulated markets or organised trading facilities; no APAC venues yet to be granted equivalency.

The SEC says fraud and money laundering not points of concern as CBOE and CME markets are properly supervised.

Government to cut threshold from 25% to 5%, ASIFMA says reduction will challenge securities firms, produce no tax revenue.

HK exchange looking to establish new trading rules, including rebates, simplified collateral regulations and removal of 10bp stamp duty charge.

The unbundling of research costs will not only create more transparency but usher in a collapse and change in banking research.