Markets & Infrastructure

Trading & Investment

ASIC Bans Sale of Binary Options to Retail Clients

By Editors | 05/04/2021

The binary options ban will take effect from 3 May. A separate order imposing conditions on the issue and distribution of CFDs to retail clients has taken effect on 29 March.

Clearing & Post-Trade

ISDA, CCDC Outline Barriers to Using RMB Bonds as IM Collateral

By Editors | 03/04/2021

China has to address questions around close-out netting enforceability, which restrict the use of Chinese government bonds as IM in global derivatives markets.

Payments & Settlements

Thailand, Vietnam Launch Cross-Border QR Code Link

By Sanday Chongo Kabange | 03/04/2021

The retail payment link will facilitate cross-border transactions between Thailand and Vietnam using local currencies.

Structural Regulation

HKEX Proposes to Streamline Listing Regime for Overseas Issuers

By Manesh Samtani | 03/04/2021

The proposed changes provide an easier path to a Hong Kong listing particularly for Chinese companies under pressure to delist from US exchanges.

Alternative Markets

PSE Proposes to Exempt AIFs from Lock-up Rules

By Editors | 02/04/2021

Currently, alternative investment funds that acquired shares 180 days before an IPO are subject to a 365-day lock-up period.

Reporting & Disclosures

SEBI Approves Listing Rule Changes, New ESG Reporting Requirements

By Editors | 02/04/2021

The new reporting requirements set the stage for taking a leap for better disclosures in the ESG space in India, SEBI said.

Structural Regulation

CSRC to Explore Creation of Domestic Exchange for Overseas Firms

By Editors | 02/04/2021

Talks for the new exchange are reportedly in early stages. A time frame and location have not yet been decided.

Payments & Settlements

HKMA, BOJ Launch Cross-border DvP Link for JGBs

By Editors | 02/04/2021

The link supports DvP settlement of the HKD sale and repo transactions using JGB as collateral, eliminating settlement risk on such transactions.

Structural Regulation

SGX Opens Consultation on SPACs Listing Framework

By Manesh Samtani | 02/04/2021

At least 90 percent of IPO proceeds will have to be placed in escrow pending a SPAC’s acquisition of a target company.