Securities / Derivatives

Securities / Derivatives

China: New Rules for Private Fund Industry to Take Effect in May

By Editors | 28/02/2023

Private equity and hedge fund managers will need at least CNY 10 million in paid-in capital to operate, about five times more than the existing requirements.

Securities / Derivatives

Taiwan FSC Announcing Easing of Short Selling Restrictions

By Editors | 28/02/2023

The FSC has eased the limit on the volume of intraday securities lending orders and lowered short-sale margin requirements.

Fintech / Regtech

BondEvalue Approved to Operate Fractional Bond Exchange in GIFT City

By Editors | 28/02/2023

GIFT City members and their clients will be able to access institutional-grade USD bonds via BondbloX Exchange.

Enforcement

US SEC Penalises SPAC for Allowing Embezzlement by CFO

By Editors | 27/02/2023

A lack of internal controls and oversight allowed the SPAC’s CFO to misappropriate cash and falsify financial reports for over a year.

Securities / Derivatives

HKEX to Adjust Rules to Support CSRC’s New Overseas Listing Regime

By Editors | 27/02/2023

Listing applicants from the Mainland will have to submit to HKEX a notification issued by the CSRC confirming their completion of Mainland’s filing procedures.

Market Infrastructure

Stock Connect Trading Calendars Adjustments to Take Effect in April

By Editors | 27/02/2023

The trading calendar enhancements will add more than ten trading days to northbound and southbound Connect each year.

Securities / Derivatives

Korea to Enhance Regulatory Framework for Asset Securitisation

By Editors | 27/02/2023

The amendments aim to increase the flexibility of asset securitisation as a fundraising tool, while also improving transparency and risk management.

Market Infrastructure

UK Version of EMIR Refit to Take Effect from 30 Sept 2024

By Editors | 26/02/2023

The FCA and BOE have set out the final changes to the derivatives reporting framework under UK EMIR. Draft validation rules and XML schemas are open for feedback.

Securities / Derivatives

LME to Resume Nickel Trading in Asian Hours on 20 March

By Editors | 25/02/2023

The LME hopes the resumption of trading during Asian market hours will “further contribute to liquidity rebuilding in the nickel market.”