Markets & Infrastructure

Trading & Investment

SGX, GF Securities to Jointly Promote Sino-Singapore Connectivity

By Editors | 31/08/2020

Under an MoU, GF Securities will promote SGX listed derivatives and securities including REITs and fixed income products to its clients.

Clearing & Post-Trade

ESMA Postpones CSDR’s Settlement Discipline Regime

By Editors | 31/08/2020

The regime was initially due to come into force from September 2020 before it was deferred to February 2021. The new effective date is 1 February 2022.

Clearing & Post-Trade

Hong Kong: OTC Clear Launches Sponsored Clearing Model

By Manesh Samtani | 31/08/2020

Foreign banks in Hong Kong that are unable to become full clearing members can use the ‘Sponsored Settlement Member’ model to access central clearing via OTC Clear.

Structural Regulation

CSRC Grants BlackRock Approval For Fully-owned Mutual Fund Unit

By Editors | 30/08/2020

The approval makes the BlackRock the first foreign financial institution to receive approval to set up a wholly-owned mutual fund unit in China.

Structural Regulation

Japan FSA to Ease Administrative Procedures for Foreign Entrants

By Editors | 30/08/2020

The FSA will soon release financial administration guidelines setting out measures that may make it easier for foreign firms to set up in Japan.

Structural Regulation

Shenzhen Bourse to Allow Dual Class Share Structures

By Editors | 30/08/2020

Lawmakers passed a rule allowing companies with dual class share structures to incorporate and list on the Shenzhen Stock Exchange, part of broader reforms to improve the market’s appeal.

Trading & Investment

Brokers Push Back Against ASIC Proposal to Limit CFD Leverage

By Editors | 30/08/2020

Foreign exchange brokers expressed concerns that the proposals are overly stringent, infringe on investor freedoms, and may result in regulatory arbitrage.

Trading & Investment

SFC, CSRC Approve Hong Kong-Mainland ETF Cross-listing

By Manesh Samtani | 28/08/2020

The new scheme follows the resumption of discussions between the SFC and CSRC in January on setting up an ETF Connect mechanism, after technical issues impeded earlier progress.

Structural Regulation

ASIC Grants Regulatory Relief for Companies Planning IPOs

By Editors | 28/08/2020

ASIC is granting relief for voluntary escrow arrangements and pre-prospectus communications to security holders and employees to reduce IPO red tape.