Markets & Infrastructure

Clearing & Post-Trade

NZX Working to Fix Technical Issues Caused by Heavy Trading

By Editors | 23/04/2020

NZX has said it is taking steps to address technical issues it has faced amid a four-fold surge in trading volumes since early in the year.

Market Abuse

Hong Kong Exchange Censures Ding Yi Feng Executives

By Editors | 23/04/2020

Three former non-executive directors of China Ding Yi Feng were censured for breaching the listing rules and disclosure obligations.

Structural Regulation

Fund Houses Plot China Growth Plans After Rules Relaxed

By AsianInvestor | 22/04/2020

With full ownership now on the table and various alternatives also open, foreign fund groups in China are weighing how to expand into a fast-changing market with lots of potential.

Structural Regulation

ARRC Sets Out 2020 Objectives for LIBOR to SOFR Switch

By Editors | 22/04/2020

The ARRC will establish final recommended conventions for SOFR-based floating rate notes, business loans, and securitisations by 31 July.

Conduct, Culture & Accountability

FSS Prompts JP Morgan Securities Seoul to Enhance Internal Controls

By Editors | 22/04/2020

South Korea’s FSS has reportedly instructed the Seoul branch of JP Morgan Securities to strengthen its internal controls on inter-subsidiary relations.

Trading & Investment

SEBI Extends Short Selling, Volatility Curbs Until 28 May

By Editors | 21/04/2020

SEBI has extended March measures that tightened market-wide position limits, raised margin rates, and capped on index derivatives positions.

Structural Regulation

India’s New Foreign Investment Rules ‘Discriminatory’, says China

By Editors | 21/04/2020

The additional barriers violate the WTO’s principle of non-discrimination, and go against the general trend of liberalisation and facilitation of trade and investment, says the Chinese Embassy in India.

Conduct, Culture & Accountability

Philippine SEC Moves to Protect Minority Shareholders from Abuse

By Editors | 20/04/2020

Asset sales representing 51% of total assets will require approval from two-thirds of shareholders; minority shareholders will be able to call meetings and add agenda items.

Conduct, Culture & Accountability

A Focus on Governance, Stewardship, and Engagement

By Siew Kai Choy | 20/04/2020

Boards must prioritise and assess culture as a strategic asset, and develop an appreciation for how it may lead to behaviour with material consequences, says Siew Kai Choy.