Structural Regulation

Structural Regulation

Hong Kong-UK Mutual Funds Recognition Hits a Snag

By Manesh Samtani | 31/10/2018

A number of Hong Kong unit trusts are not eligible to be sold in the UK, where regulations require an independent trustee or custodian, according to a Fund Selector Asia report.

Structural Regulation

NZX Overhauls Listing Rules in Transition to Single Board

By Editors | 30/10/2018

New listing rules to take effect from January, in advance of migration to a single board where equity, debt and fund issuers will be covered in a single rule set.

Custody & Infrastructure

StanChart Becomes First Foreign Bank with Custody Licence in China

By Editors | 30/10/2018

The CSRC has granted Standard Chartered Bank a domestic fund custody licence, which until now has been reserved for local institutions.

Emerging Prudential Risks

S. Korea Scales Up Stabilisation Fund as Market Hits 22-Month Low

By Manesh Samtani | 30/10/2018

The 500 billion won fund will start investing in the KOSDAQ from November. Separately, market participants will establish an emergency monitoring system to better respond to instability.

Structural Regulation

China Relaxes Rules on Stock Buybacks to Support Market

By Manesh Samtani | 30/10/2018

Over 750 listed companies have since announced stock buybacks, including Ping An Insurance Group, which plans to buy back $15.8 billion of its outstanding shares.

Structural Regulation

China Publishes Draft Rules Easing Market Access for Foreign Banks

By Editors | 29/10/2018

Foreign banks will be allowed to set up wholly-owned branches and subsidiaries in China provided they maintain at least 8% of yuan-denominated risk assets as reserves.

Trading & Investment

Shinzo Abe’s Beijing Visit Paves Way for Financial Sector Cooperation

By Manesh Samtani | 29/10/2018

Forty years since the 1978 peace treaty marked by a series of MoUs between central banks, securities regulators, stock exchanges and industry bodies, among others.

Structural Regulation

JPX, TOCOM Initiate Discussions to Consolidate Operations

By Editors | 25/10/2018

Discussions aimed at creating an integrated exchange offering both securities and commodities to boost competitiveness and attract global participants.

Trading & Investment

Bond Connect Credited for Rapid Growth of China ABS Market

By Manesh Samtani | 25/10/2018

China’s onshore ABS market has been growing rapidly since the launch of Bond Connect last year, according to panellists at IMN’s Asian Structured Credit Summit.