All posts tagged "underwriters"
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953ChinaChina Issues Authoritative Guidance on Handling Bond Disputes
In disputes involving breach of contract, fraud or false statements - the issuer, its controlling shareholders, directors, and senior management will be held liable for bondholder losses.
July 17, 2020 -
330ChinaChina Issues Final Rules on Handling Corporate Bond Defaults
The final rules establish trustee managers, bondholder meetings and intermediaries as investor safeguards in the disposal of defaulted corporate bonds.
July 7, 2020 -
364JapanJSDA Takes Steps to Increase Bond Market Transparency – Report
New corporate bond offerings often go partially unsold without the knowledge of issuers. JSDA is reportedly considering requiring underwriters to disclose investor information to issuers.
June 27, 2020 -
169ChinaSSE Launches Short-term Corporate Bond Issuance Pilot
Under the pilot, SSE-listed companies can issue bonds with durations under one year to professional investors, provided the proceeds are not used to meet long-term funding needs.
May 26, 2020 -
538ChinaChina: Bond Underwriters Pledge to End Excessive Price Competition
The pledge is part of a "self-discipline" pact which NAFMII asked bond underwriters to sign, in a bid to end the practice of offering ultra-low underwriting fees to gain market share.
May 5, 2020 -
277Australia & NZASIC Proposes to Reduce Red Tape for Companies Planning IPOs
ASIC proposes to grant conditional relief for voluntary escrow arrangements and pre-prospectus communications to existing shareholders and employees.
February 26, 2020 -
331Asia-PacificBSP Bars Bank Affiliates from Holding Bank-Issued Debt
The prohibition is aimed at preventing related parties from obtaining undue advantage when transacting in debt instruments issued by affiliated banks.
February 13, 2020 -
438EnforcementIPO Sponsors, Underwriters Are ‘Guardians of Market Quality’: SFC
The SFC expects sponsors to conduct sufficient due diligence to properly understand and assess the companies seeking to be listed, and to ensure red flags are properly followed up.
October 22, 2019 -
1.0KHong KongASIFMA Standardises Underwriter Documentation for Hong Kong IPOs
The initiative will promote efficiency and reduce costs and legal risks by offering standardised forms for agreements among underwriters and between underwriting syndicates.
June 24, 2019 -
602JapanJapan to Probe Corporate Bond Underwriting Practices
An FSA official told Bloomberg that the regulator will discuss the issue of unsold bonds held by underwriters during its regular discussions with market participants.
November 14, 2018
