Trading & Investment

Structural Regulation

SEBI Freezes New IPOs Amid Concerns of Rejected Bids

By Ranamita Chakraborty | 11/05/2022

IPO subscription applications are being rejected because funds are not being blocked, with some investors “gaming” the system.

Trading & Investment

First Rural Lender Added to Greater Bay WMC Scheme

By Darien Choong | 11/05/2022

Shenzhen Rural Commercial Bank has partnered with DBS Hong Kong to offer cross-border wealth management services to mainland residents in the GBA.

Trading & Investment

ASIC to Issue Derivatives Reporting Consultation Soon

By Manesh Samtani | 11/05/2022

ASIC’s Alex Orgaz-Barnier says APAC regulators are targeting a common implementation date and alignment to the greatest extent possible.

Fraud, Scams & Cybercrime

Cum-Ex Scandal Widens like a Regulatory Inquisition 

By Peter Guy | 10/05/2022

A common tax arbitrage trading strategy is now being prosecuted as outright tax avoidance, catching global banks and traders in a broad net.

Trading & Investment

LSEG to Launch New NDF Matching Venue in Singapore

By Editors | 09/05/2022

The fully cleared NDF matching venue will be open for integration testing later this year, with a full production launch in mid-2023.

Structural Regulation

US-China Talks on Audit Cooperation in ‘Late Stage’ – Reports

By Darien Choong | 08/05/2022

The talks are described as “late stage” due to concessions made by the CSRC. The SEC has added over 80 more companies to a list of Chinese firms that could be delisted in New York.

Trading & Investment

China Announces Planned Measures to Boost Capital Market

By Darien Choong | 08/05/2022

The CSRC and stock exchanges will support fundraising by SMEs and real estate firms, and encourage listed companies, their shareholders, and institutional investors to buy more stock.

Trading & Investment

BSEC to Encourage Brokerage Firms to Launch IPOs

By Editors | 05/05/2022

Brokerage firms that are allowed to issue IPOs will be able to increase investment flows to the market and enhance their monitoring, BSEC said.

Cryptocurrency

S. Korea Set to Delay Capital Gains Tax for Crypto

By Editors | 04/05/2022

President-elect Yoon Seok-yeol is planning to defer the tax to 2025 to allow time for the enactment of a new set of regulations designed to protect consumers.