Securities / Derivatives

Securities / Derivatives

FSDC Proposals to Advance Hong Kong as Family Office Hub

By Editors | 15/07/2020

The Financial Services Development Council has identified four areas where reform is needed to make Hong Kong a “more conducive operating environment” for family offices.

AML / KYC

MAS Issues AML Outsourcing Guidance for Capital Market Firms

By Editors | 15/07/2020

MAS found material lapses in outsourced AML/CFT controls, largely the result of poor assessment and due diligence processes, and lax oversight and monitoring.

Securities / Derivatives

Thailand SEC Approves Rules on High-yield Bond Funds

By Editors | 15/07/2020

High-yield bond funds can be set up as non-redeemable closed-end mutual funds or investment trusts, with a maturity period of at least two years.

Securities / Derivatives

Bangladesh Banks Show Little Interest in Stock Market Investment

By Duruthu E Chandrasekera | 15/07/2020

Despite a central bank programme offering credit support for banks to invest in the stock market, banks are showing little interest in participating.

Enforcement

Chinese Financial Regulators Vow Crackdown on Fraud

By Editors | 14/07/2020

The FSDC set out measures to speed up investigations and criminal prosecutions, increase penalties and civil compensation, and improve stock market delisting mechanisms.

Securities / Derivatives

CSRC Issues New Classification Regulations for Securities Firms

By Lucy Zhang | 14/07/2020

The new regulations maintain the overall framework of the regulatory system of classification and focus on optimising the CSRC’s evaluation indexes to address practical issues.

ESG / Sustainability

FSDC Proposes Measures to Advance Hong Kong as ESG Hub

By Editors | 14/07/2020

Hong Kong needs a more coordinated policy environment and an ESG policy roadmap, to provide greater certainty and foster confidence for institutional investors, the FSDC says.

Market Infrastructure

SFTR Reporting Regime Goes Live for Sell-Side Firms

By Editors | 13/07/2020

Banks, investment firms, CSDs and CCPs started reporting securities financing transactions to approved trade repositories on Monday.

Market Infrastructure

SEBI Allows Foreign Stock Exchanges to Set Up in Gift City

By Editors | 13/07/2020

Indian or foreign stock exchanges can set up a majority-owned subsidiary with other investors to provide stock exchange services in Gift City.