All posts tagged "Brokers"
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509FeatureSFC Raises Standards for Data Submissions by Brokers
In-scope brokers are expected to implement system changes and make other arrangements needed for compliance with the new Data Standards by end-October 2020.
August 1, 2019 -
646ChinaCSRC Allows Funds to Engage in Securities Lending
Certain funds can lend stocks to the state-owned China Securities Finance Corp, which can then lend to brokers, who facilitate investor short selling.
June 27, 2019 -
424Enforcement
SFC Orders Freezing of More Assets Linked to Manipulation Case
The SFC has ordered more brokers to stop dealing with and processing assets linked to suspected market manipulation of Ding Yi Feng shares.
June 26, 2019 -
544UncategorisedAustralia: New Banking Code of Practice Set to Take Effect
The ABA's new Banking Code of Practice takes effect from 1 July. Lenders have welcomed the changes, but the FBAA says brokers shouldn't sign the financial abuse declaration form.
June 25, 2019 -
567Enforcement
Complex Group Arrangements Compound Margin Financing Risks: SFC
Deputy chief Julia Leung says the SFC is concerned that brokers are using complex trading arrangements to circumvent regulatory oversight, among other supervisory priorities.
June 19, 2019 -
950ChinaSFC Warns FX Brokers Against Servicing Mainland Clients
Licensed corporations and their controlling entities are asked to review the legality of the services they offer, and immediately discontinue “unauthorised or illicit activities”.
June 18, 2019 -
401China
CSRC Asks Brokers to Issue CDS on Private Company Bonds
The move is aimed at helping private companies to raise funds on the market. CDS products, though new to China, will provide assurances against default.
April 19, 2019 -
680Capital Regulation
SFC Finalises Guidelines on Securities Margin Lending
The guidelines will take effect in October, requiring brokers to limit margin lending to five times their capital, among other controls to reduce excessive leverage.
April 5, 2019 -
525Enforcement
SFC Orders Brokers to Freeze Client Assets in Market Manipulation Case
The prohibition orders as part an investigation into suspicious trading which appeared to create a false market in China Ding Yi Feng shares leading to an "irrationally high share price".
March 22, 2019 -
506IndiaSEBI Moves to Lower Trading Costs for Investors
Fees SEBI charges to brokers, stock exchanges and companies seeking to list will be reduced, among other changes aimed at spurring capital market activity.
March 5, 2019
