Trading & Investment

Market Abuse

Hong Kong Court Dismisses Short Seller’s Trading Ban Appeal

By Editors | 28/02/2019

The Court dismissed an appeal from short seller Andrew Left to overturn a 2016 ruling banning him from trading in Hong Kong for five years after he published a report containing false information.

Trading & Investment

Shanghai’s New Technology Board Attracts Fund Manager Interest

By Editors | 28/02/2019

CSRC says at least 9 fund managers are seeking approval to issue equity investment products on the new board, which could be launched within the first half of this year.

Market Abuse

S. Korea to Crack Down on Unfair Trading Practices

By Editors | 28/02/2019

The FSS plans to tighten monitoring of unfair trading practices, namely high-frequency trading, false disclosures and unlawful short-selling. Merrill Lynch, Franklin Templeton under scrutiny.

Structural Regulation

China Banking, Securities Associations Cut Fees for Member Institutions

By Editors | 27/02/2019

China’s banking and securities associations have announced plans to cut fees for their members, as called for by the government, to help boost the flagging economy.

Trading & Investment

Indonesia Unveils New Rules to Boost Capital Market Activity

By Editors | 26/02/2019

Indonesia’s stock exchange plans to encourage retail investment in the stock market by lowering the minimum price floor and order lot size, among other measures.

Trading & Investment

Hong Kong Passes Profits Tax Exemption Bill for Funds

By Editors | 25/02/2019

The Bill seeks to enhance the competitiveness of Hong Kong’s tax regimes by creating a level playing field for all funds operating in the city.

Trading & Investment

Nine Taiwan Brokers Approved to Issue ETNs – Report

By Editors | 22/02/2019

The Taiwan Stock Exchange and GreTai Securities Market have so far approved a total of 9 securities firms to issue exchange traded notes in Q2 this year.

Structural Regulation

HKMA Turns Up the Heat, Announces Consultation on IBOR Transition

By Will Hallatt | 22/02/2019

The outcome of the HKMA and TMA consultation will be a turning point for financial services firms preparing for life after LIBOR, says international law firm Herbert Smith Freehills.

Trading & Investment

EU, Singapore Agree to Mutually Recognise Derivatives Venues

By Editors | 21/02/2019

Singapore and EU-based firms will be able to trade derivatives on approved platforms based in either jurisdiction following proposed equivalence decisions by both regulators.