Trading & Investment

Conduct, Culture & Accountability

AMAC Issues Conduct Guidelines for Managers of Retail Funds

By Sanday Chongo Kabange | 20/08/2021

Directors, supervisors and senior managers should “lead by example” and consciously advocate the implementation of a healthy industry culture.

Structural Regulation

HKMA Sets Conditions for Issuing New USD LIBOR Contracts

By Manesh Samtani | 20/08/2021

In the fourth quarter, the frequency at which banks have to report data to the HKMA will also increase from quarterly to monthly, with a simplified reporting template.

Structural Regulation

SGX Mulls Lower Market Cap Requirement for SPAC Listings

By Editors | 19/08/2021

SGX is reportedly considering reducing the proposed minimum market cap requirement from S$300mn proposed in its consultation to S$150mn.

Trading & Investment

China Pledges to Open Up Corporate Credit Bond Market

By Manesh Samtani | 19/08/2021

Coordinated efforts will be made to unify access arrangements for foreign institutional investors and streamline requirements on the management of cross-border capital.

Structural Regulation

SSE Removes SMIC From Key Index Over VIE Structure

By Sanday Chongo Kabange | 18/08/2021

SMIC will be removed from the SSE SH Equities Index starting 16 August because it is registered in the Cayman Islands.

Trading & Investment

China’s NAFMII Orders Bond Underwriters to End Price War

By Sanday Chongo Kabange | 17/08/2021

Lead bond underwriters are required to report their fees to NAFMII on a quarterly and annual basis and set up internal management systems to ensure their fees reflect market rates.

Structural Regulation

Thailand SEC Set to Overhaul Mutual Fund Regulations

By Pongnut Thanaboonchai | 17/08/2021

The SEC proposes more principle-based and flexible requirements for the establishment of new funds and in the investment decision process.

Trading & Investment

SAC Punishes 19 Institutional Investors Over IPO Pricing Violations

By Editors | 16/08/2021

The Securities Association of China and Shanghai Stock Exchange found violations of price-setting rules and procedures for STAR Market IPOs.

Structural Regulation

SEBI Combines Debt Securities Rules Into Single Regulation

By Ranamita Chakraborty | 15/08/2021

New operational guidelines cover non-convertible securities, securitised debt instruments, security receipts, municipal debt securities and commercial papers.