Structural Regulation

Structural Regulation

SEBI to Restrict Corporate Guarantees Extended by Listed Companies

By Editors | 09/03/2020

Under the proposal, listed companies will only be allowed to provide guarantees based on “economic interest”, and subject to prior approval from the majority of minority shareholders.

Trading & Investment

Myanmar to Open Stock Market to Foreign Investors from 20 March

By Editors | 09/03/2020

Both resident and non-resident foreign investors, including overseas brokers and banks, will be allowed to open securities accounts with local brokers to trade on the Yangon Stock Exchange.

Trading & Investment

HKEX Sets Tentative Launch Dates for VCM, POS Enhancements

By Editors | 09/03/2020

The volatility control mechanism will be expanded to over 500 stocks in May 2020. The enhanced pre-opening session for stocks and listed funds will be introduced in October 2020.

Anti-Bribery & Corruption

Bursa Malaysia to Add Anti-Corruption Measures to LEAP Market Rules

By Editors | 09/03/2020

Bursa Malaysia seeks feedback on whether the requirements for LEAP Market companies to implement anti-corruption and whistle-blowing measures should be principle-based or prescriptive.

Trading & Investment

SEBI Proposes New Service to Simplify Shareholder E-Voting

By Editors | 06/03/2020

SEBI proposes to enable access to multiple e-voting service providers through a single login and authentication at the depository level.

Trading & Investment

FSC Korea Unveils 2020 Roadmap to Stimulate Capital Markets

By Editors | 05/03/2020

The FSC’s plans include the development of a high yield corporate bond market, an overhaul of securitisation regulations, and looser rules on securities firms providing capital to SMEs, among others.

Structural Regulation

HK Entities of Chinese Groups Get Relief from CbC Filing Obligation

By Editors | 05/03/2020

Mainland China and Hong Kong have entered into an arrangement for the automatic exchange of country-by-country reports, a welcoming development according to KPMG.

Trading & Investment

Thailand Set for Launch of New ‘Super Savings Fund’ Scheme

By Editors | 05/03/2020

The new mutual fund scheme was initiated by the Finance Ministry, offering tax incentives to encourage investors to save and invest.

Operational Risk

HK Bourse Asks IPO Applicants to Detail Covid-19 Impacts, Contingency Plans

By Editors | 05/03/2020

The Hong Kong stock exchange has reportedly asked IPO applicants for information on supply chain disruptions, business contingency plans, and cash burn rates, among others.