Securities / Derivatives

Securities / Derivatives

Nearly 500,000 Australians Deplete Retirement Savings

By Editors | 05/07/2020

Industry Super Australia estimates that 480,000 Australians have wiped out their superannuation savings through the government’s early release scheme.

Securities / Derivatives

BSP On Course to Issue Central Bank Securities in Q3

By Editors | 05/07/2020

February 2019 amendments to the Central Bank Act restored the BSP’s authority to issue debt paper as part of its regular operations to manage liquidity and monetary policy.

Enforcement

S. Korean Regulators to Probe All Private Fund Operators

By Manesh Samtani | 04/07/2020

A new inter-agency team, led by the FSS, will be established by mid-July, and refer any illegalities detected to authorities for ‘swift action’ including prosection.

Securities / Derivatives

SFC Asks HKEX to Raise Guard Against Conflicts of Interest

By Editors | 04/07/2020

The SFC says Listing Department personnel should not attend business meetings with prospective listing applicants, and HKEX should further reinforce ‘Chinese Walls’.

Securities / Derivatives

Sri Lanka Bourse to Introduce Easier Listing Rules from 15 July

By Duruthu E Chandrasekera | 04/07/2020

Requirements on capital, profitability and net assets have been relaxed to pave the way for new listings from start-ups and tech firms.

Big Picture

Virtual Banks Could Shake Up Funds Industry – Report

By Editors | 03/07/2020

Successful virtual banks are likely to branch out into wealth management services, robo-advisory and fund distribution, says a new Calastone paper.

Securities / Derivatives

CBIRC Issues Treasury Bond Futures Trading Rules for Insurers

By Editors | 02/07/2020

Insurers can only trade treasury bond futures to hedge asset risk, lock in the price on future purchases, or manage interest rate risks caused by asset and liability mismatches.

Securities / Derivatives

Singapore Banks Join Forces to Reduce Commodity Lending Risk

By Editors | 02/07/2020

Some 20 banks in Singapore have set up a working group to propose new guidelines to improve lending practices and transparency for the commodity sector.

Capital / Liquidity

S. Korea Advances OTC Derivatives Reforms

By Editors | 02/07/2020

Cabinet-approved legislative revisions will introduce an OTC derivatives reporting requirement, a licensing system for trade repositories, and penalties for circumventing margin rules.