Trading & Investment

Structural Regulation

CBIRC Approves First Foreign Owned Money Broker in China

By Sanday Chongo Kabange | 07/09/2020

Japan’s Ueda Yagi Tanshi’s application to establish a wholly-owned money broker in China has been approved.

Sustainable Finance

S. Korea to Create $16.8bn ‘New Deal’ Fund Over 5 Years

By Manesh Samtani | 07/09/2020

The government will act as a subordinate investor, meaning that it (namely, taxpayers) will absorb up to 10 percent of any possible losses first.

Trading & Investment

China to Expand Stock Connect, Deepen Reforms – Reports

By Editors | 07/09/2020

The scope of investment products foreign investors can trade via Stock Connect will be expanded, among other reforms, said the CSRC’s Fang Xinghai.

Trading & Investment

DBS Launches SORA Business Property Mortgage Loan Package

By Editors | 06/09/2020

The package is tailored to allow SMEs to finance or refinance their commercial and industrial properties at more competitive rates.

Structural Regulation

US SEC Stays Implementation of NYSE Direct Listing Rules

By Editors | 06/09/2020

The Council of Institutional Investors has objected to the direct listing rules on concerns that companies may circumvent investor protections built into the IPO process.

Conduct, Culture & Accountability

Taiwan FSC Orders Probe into Securities Firm Over Broker Suicide

By Editors | 06/09/2020

The brokerage firm is reportedly under scrutiny because a stock broker claimed in a suicide note that he was instructed to place orders for clients through a separate laptop in the office.

Trading & Investment

MAS Best Execution Requirements to Take Effect in March 2022

By Manesh Samtani | 04/09/2020

Following from a November 2017 consultation paper, MAS has set an 18-month transitional period for Singapore financial firms to comply with best execution requirements.

Structural Regulation

Australia Passes Law to Allow Employees to Choose Super Fund

By Sanday Chongo Kabange | 04/09/2020

The bill will allow Australians to choose their own superannuation fund instead of being forced to invest in mandatory superannuation funds offered by their employers.

Trading & Investment

China Issues Draft Rules Easing Foreign Access to Bond Market

By Editors | 04/09/2020

The rules simplify application procedures for foreign bond investors, unify rules governing various investment channels, and optimise remittance and foreign exchange operations.