Markets & Infrastructure

Structural Regulation

Vietnam Issues New Circular on Foreign Investment

By Editors | 15/05/2014

The State Bank of Vietnam has issued a circular which guides the opening and use of indirect investment capital accounts for foreign investors in the country.

Trading & Investment

India’s SEBI Plans Tax Benefits for Mutual Fund Products

By Editors | 15/05/2014

The Securities and Exchange Board of India will petition the new government for more tax relief for mutual funds and the equity market to incentivise and channel savings into long-term investment products.

Market Abuse

Hong Kong Regulator Reprimands Citigroup on Algorithm Error

By Editors | 15/05/2014

The Securities and Futures Commission (SFC) has reprimanded Citigroup Global Markets Asia Limited (Citigroup) for failing to ensure its algorithmic trading systems functioned property for certain securities orders between April 2009 and May 2010.

Structural Regulation

Hong Kong’s HKEx Sponsor Regime Curbs Vetting for Listing Application

By Editors | 15/05/2014

Hong Kong Exchanges and Clearing’s new sponsor regime for listing applicants has been working well, curbing vetting time for applicants and improving quality of applications.

Trading & Investment

ASIFMA Issues White Paper on Internationalisation of Renminbi

By Editors | 13/05/2014

ASIFMA, together with Standard Chartered and Thomson Reuters, launched a white paper that calls for the opening up of China’s capital markets and the internationalisation of the renminbi (RMB).

Clearing & Post-Trade

Hong Kong’s HKEx Gets Approval for US OTC Clearing

By Editors | 12/05/2014

Hong Kong Exchanges and Clearing (HKEx) has received approval from the US Commodity Futures Trading Commission (CFTC) to clear over-the-counter derivatives for US clients.

Structural Regulation

China Issues New IPO Rules, Listing Resumption Likely

By Editors | 12/05/2014

China issued new, detailed rules governing initial public offerings, in a move that may pave the way for new listings on mainland markets soon.

Trading & Investment

Hong Kong Regulator Outlines Crowd-funding Risks, Regulatory Issues

By Editors | 08/05/2014

Crowd-funding that allows people to raise money for loans, causes, or projects through the web pose potential regulatory compliance issues and other investment risks.

Structural Regulation

Australian Securities Regulator Outlines Initiatives to Cut Red Tape

By Editors | 07/05/2014

Australia’s securities regulator has outlined ongoing and new initiatives to cut red tape and lower compliance costs for market participants.