All posts tagged "Default"
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56Asia-PacificBangladesh Approves Legislation Targeting Wilful Defaulters
The draft amendments formally define wilful defaulters and clarify the actions that can be taken against them, including restrictions on forming new companies.
May 22, 2021 -
79IndiaSEBI Consults on Measures to Protect Client Collateral
The proposed framework seeks to protect clients’ collateral from being misused or misappropriated by trading or clearing members.
May 18, 2021 -
81Asia-PacificSEC Thailand Issues Guidelines for Distressed Bond Funds
Only institutional and ultra-HNW investors will be allowed to invest in distressed bond funds, which will be non-redeemable but have a maturity date prescribed.
May 14, 2021 -
71Australia & NZASX to Introduce Default Management Auctions for ETD in Q3
ASX consulted last year on the introduction of an auctions framework for exchange-traded derivatives in the event of a futures clearing participant's default.
April 25, 2021 -
325ChinaChina May Transfer Huarong to Sovereign Wealth Fund – Report
Huarong’s failure to publish its earnings by its 31 March deadline has prompted concerns of a default by China's largest distressed debt manager.
April 16, 2021 -
1.3KEnforcementUS SEC Opens Preliminary Investigation into Archegos Collapse
Credit Suisse expects a $4.7bn loss from the collapse of Archegos. The bank has suspended share buybacks, cut its dividend, and announced the departure of seven key executives.
April 7, 2021 -
228Big PictureISDA, CCDC Outline Barriers to Using RMB Bonds as IM Collateral
China has to address questions around close-out netting enforceability, which restrict the use of Chinese government bonds as IM in global derivatives markets.
April 3, 2021 -
410Feature
Hedge Fund Collapse Sparks Billions in Losses for Banks
The SEC, FSA, and FINMA are monitoring the situation, after the collapse of Archegos Capital Management left Nomura and Credit Suisse with billions in losses.
March 30, 2021 -
157IndiaRBI Eases Foreign Investor Access to Defaulted Bonds
The RBI says FPIs will be exempt from the residual maturity requirement, investment limit and investor limit when investing in defaulted corporate bonds.
March 2, 2021 -
213ChinaNAFMII Punishes Bond Underwriters Over SOE Default
The three banks failed to conduct proper due diligence and verify cash that appeared to be abnormally restricted when underwriting Yongcheng Coal’s bonds.
January 22, 2021
