ICBC has become the 5th bank to receive approval to set up a wealth management subsidiary, through which it can channel WMP funds into the stock market.
The 20% cap limiting exposures to a single corporate entity was aimed at incentivising FPIs to maintain a portfolio of assets, but market feedback indicates it has instead had a contraining effect.
Following a record number of defaults in 2018, China’s state planning agency is launching an investigation into bonds issued by state owned-enterprises.
Amid concerns of volatility when the new board launches, Chinese regulators reportedly convened a meeting with industry participants seeking views on measures to control market hype.
Firms in Asia need to start preparing for the impacts SFTR will have on the way they manage their information flow when working with European counterparties, says DTCC's Oliver Williams.
New standards will be introduced for how companies are included in the First Section, the TSE’s top tier for listed companies, as the exchange seeks to boost market appeal.
IOSCO has identified some gaps in the implementation of its 'Secondary and Other Market Principles', particularly in nascent and emerging market jurisdictions.
Among the measures proposed is a circuit breaker capping maximum daily movements at 20 percent for all stocks, including those on which derivatives trading is available.
Overseas non-financial enterprises will be able to issue panda bonds within one year of registering with NAFMII, and use the proceeds either in China or abroad.
Equities derivatives with heightened volatility will see an earlier than expected move to mandatory physical settlement, SEBI's latest effort to reduce speculation and volatility.