Trading & Investment

Structural Regulation

New US Law Could Force Chinese Companies to De-list

By Editors | 21/05/2020

New legislation passed in the US Senate will require companies to submit to an audit that can be reviewed by the PCAOB, and de-list firms that at noncompliant for three years.

Trading & Investment

SEBI Provides Exit Route for Franklin Templeton Investors

By Editors | 21/05/2020

Franklin Templeton will be allowed to list units of its six shuttered mutual funds on stock exchanges, providing an alternate exit route to investors whose money is trapped.

Trading & Investment

S. Korea to Introduce New Measures to Enhance ABS Markets

By Editors | 21/05/2020

The requirement for ABS issuers to be rated BB or higher will be removed to facilitate the use of securitisation for SME and startup financing, among other measures.

Trading & Investment

Fidelity Applies for Approval to Sell Retail Funds in China

By Editors | 21/05/2020

Fidelity already operates four privately managed funds in China targeting institutional clients and high net-worth individuals.

Trading & Investment

Hong Kong: Securities Industry Subsidies to be Available from 25 May

By Editors | 20/05/2020

A cash subsidy of HK$50,000 will be available for securities firms ranked 15th onwards by market turnover, and HKD 2,000 for each individual licensed by the SFC.

Structural Regulation

S. Korea Set to Implement Asia Region Funds Passport

By Editors | 20/05/2020

Korea will join Japan, Thailand, Australia and New Zealand in implementing ARFP on 27 May, paving the way for cross-border sales of eligible publicly offered local funds.

Structural Regulation

HSI Operator to Allow Dual Class Shares as Index Constituents

By Editors | 19/05/2020

WVR and secondary-listed companies from the Mainland will be eligible for including in the HSI and HSCEI. H-share companies with unlisted share capital will also be eligible.

Trading & Investment

FSC Korea to Rein in Excessive Investment in Risky ETFs, ETNs

By Editors | 19/05/2020

The FSC will impose a new minimum deposit requirement on retail investors investing in ETFs and ETNs, and require them undergo mandatory investor education, among other measures.

Structural Regulation

India to Allow Private Companies to List on Foreign Exchanges

By Editors | 19/05/2020

Private companies will be able to list in ‘permissible jurisdictions’ – likely to include the US, China, Japan, South Korea, the UK, Hong Kong, France, Germany, Canada and Switzerland.