Structural Regulation

Structural Regulation

HSBC Seeks CBIRC Approval to Fully Acquire Insurance JV

By Editors | 04/05/2020

HSBC’s insurance unit has entered into an agreement to buy the remaining 50% equity interest in its China joint venture – HSBC Life China.

Structural Regulation

S. Korea Enhances Flexibility for Financial Investment Businesses

By Editors | 04/05/2020

The legislative revisions will allow firms greater flexibility to implement Chinese walls and outsource key functions, while allowing for harsher penalties when issues arise.

Structural Regulation

Malaysia SC Issues New Capital Market Advertising Guidelines

By Editors | 04/05/2020

Effective from 4 May, advertisers of capital markets products and services are no longer required to submit their advertisement materials to the SC for approval.

Structural Regulation

CSRC Eases Market Cap Requirement for CDR Issuance

By Editors | 04/05/2020

Innovative Chinese companies listed overseas will be eligible to list depositary receipts at home with just $2.8bn in market cap, compared to $28bn under 2018 rules.

Conduct, Culture & Accountability

HK Govt Under Fire for ‘False’ Justification of Broker Subsidies

By Manesh Samtani | 03/05/2020

Average daily market turnover jumped 54.5% in Q1 2020 compared to Q4 2019, which has led to a corresponding increase in brokerage revenues and profits.

Trading & Investment

China to Pilot REITs Issuance in Infrastructure Sector

By Editors | 02/05/2020

Under a pilot programme, infrastructure projects in major economic areas can be securitised to form publicly-traded REITs.

Structural Regulation

Chinese Companies Rush to Delist From US Stock Market

By FinanceAsia | 01/05/2020

After decades of chasing the prestige of a US listing, Chinese companies can’t go private fast enough – here’s why.

Trading & Investment

Short-selling Bans Negatively Impact Market Quality: WFE

By Editors | 01/05/2020

A review of academic research shows that it “almost unanimously” points towards short-selling bans being disruptive for the orderly functioning of markets.

Structural Regulation

Australia, NZ, China, Japan Get Low Grades on Fund Regulation, Tax

By Editors | 01/05/2020

Australia, New Zealand, China, Japan are among the nations that have received the lowest scores on tax settings and regulatory regimes for the managed funds industry, according to a new Morningstar study.