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Securities / Derivatives
LME to Introduce New Reporting Requirements on 18 July
By Editors | 20/06/2022
A lack of transparency in OTC positions was a key reason the LME struggled to manage the turbulent nickel trading earlier this year.
Securities / Derivatives
Thai SEC Directs Listcos to Exercise Prudence in Crypto Business
By Editors | 20/06/2022
Circulars were sent to listed companies regarding digital assets. The SEC’s final advertising rules will take effect on 16 July. Huobi has exited the Thai market.
Crypto / Digital Assets
Korea: New FSC, FSS Chiefs to Prioritise Stability, Growth
By Mark Johnston | 20/06/2022
The FSS will be led by former prosecutor Lee Bok-hyun, while the FSC will be led by Kim Joo-hyun, who helped guide Korea through the 2008 crisis.
Securities / Derivatives
RBI Consults on Initial Margin Rules for Uncleared OTC Derivatives
By Manesh Samtani | 20/06/2022
VM rules were proposed in 2020 and will now take effect from 1 December 2022. IM rules are open for comment until 29 July 2022.
Securities / Derivatives
Taiwan Revises Bond Issuance Rules for Financial Groups
By Editors | 20/06/2022
Financial holding companies will be able to issue corporate bonds in batches over up to two years using a single approval granted by the FSC.
Securities / Derivatives
Financial Transaction Taxes Disrupt Securities Markets: ASIFMA
By Editors | 19/06/2022
Financial transaction taxes tend to reduce stock prices, trading volume, liquidity, and overall market attractiveness.
Securities / Derivatives
SEBI Enhances Cybersecurity Requirements for Asset Managers
By Editors | 19/06/2022
A new framework that took effect on 15 July requires AMCs to conduct cyber audits twice a year and report incidents within six hours of detection.
Securities / Derivatives
BSEC Prepares to Allow Loss-making Startups to List on Bourses
By Editors | 19/06/2022
Rule changes will allow loss-making companies to determine their offer price premium based on projected business growth.
Enforcement
Malaysia SC Charges Former Investment Banker for Deception
By Editors | 19/06/2022
The former Hong Leong investment banker deceived four investors into investing in investment schemes that in reality did not exist, the SC said.
Market Infrastructure
HKEX to Host Preparatory Workshops for New FINI Platform
By Editors | 17/06/2022
HKEX will explain the API development requirements for the new IPO settlement platform, set to launch in June 2023.
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