ADVERTISEMENT
Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.
Structural Regulation
The End of IBOR – The Asia Take
By Matthieu Sachot | 19/06/2018
Though uncertainty remains on when LIBOR migration is really going to be due, the earlier the banks set this in motion, the lower the execution risk and cost in the long run. This article highlights the local benchmarking effort in Asia and the key areas banks should have on their roadmap, starting now.
Market Abuse
Goldman Faces Naked Short Selling Fine in S. Korea
By Manesh Samtani | 19/06/2018
South Korean branch of Goldman Sachs International said its naked shorts were the result of an institutional investor reversing a decision to lend it shares; the firm faces a fine up to $896,000.
Trading & Investment
India Eases Rules For FPI Investment In Corporate Bonds
By Garima Chitkara | 18/06/2018
RBI has loosened some restrictions on residual maturity and concentration limits on corporate bond holdings by foreign investors in a bid to boost demand and support the rupee.
Trading & Investment
CSRC Warns New Economy Firms Against IPO Over-Pricing
By Garima Chitkara | 18/06/2018
CSRC has singled out five new economy firms whose share prices had “wild swings” or dropped significantly below their highs or offer prices soon after listing.
Trading & Investment
UPDATED – SGX Granted Extension for Continued India Derivatives Trading
By Manesh Samtani | 18/06/2018
SGX, NSE ordered to facilitate continued listing of SGX Nifty products for at least two successive contract months beyond arbitration; injunction preventing SGX from launching new successor products to remain in effect pending final outcome.
Trading & Investment
GIFT City Exchanges Launch Omnibus Account Structure
By Manesh Samtani | 14/06/2018
BSE’s India INX and NSE IFSC have launched the segregated nominee account structure, allowing foreign investors to avoid direct FPI registration and instead trade Indian equities through established intermediaries.
Structural Regulation
Rules Relaxed for Chinese Investment in Taiwan-Listed Foreign Firms
By Garima Chitkara | 14/06/2018
Regulator does away with rules requiring Chinese investors to apply for QDII license to invest in foreign firms listed in Taiwan; foreign firms can also solicit Chinese investment through private placements, rights issues or stake transfer.
Structural Regulation
China Cracks Down On Zero-Fee Bond Underwriting
By Garima Chitkara | 14/06/2018
The CSRC and the Securities Association of China reportedly sent a notice to brokers asking them to stop underwriting bond deals for free, a common practice in the country to maintain relationships with key clients and underwriting standings.
Structural Regulation
Taiwan To Ease M&A Rules For Financial Holding Companies
By Garima Chitkara | 14/06/2018
New rules lower the threshold for initiating a tender offer from 25 percent to 10 percent; new rules to only apply to private-sector firms.
Structural Regulation
S. Korea Passes Bill Enabling Asia Regional Funds Passport
By Garima Chitkara | 13/06/2018
Korean cabinet approves amendments to its capital markets law to allow funds passporting between the five signatory countries; FSC to begin making preparations for scheme launch in 2019.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.