Securities / Derivatives

Securities / Derivatives

Woori, Shinhan to Pay Compensation on Lime Asset Losses

By Editors | 07/06/2020

Woori and Shinhan will pay about 50% of principal invested in three suspended Lime funds, preemptively, while the FSS decides on a final compensation ratio.

Enforcement

S. Korean Prosecutors Seek Arrest of Samsung Execs for Illegal Trading

By Editors | 07/06/2020

Samsung’s de facto head, Lee Jae-yong, and two of his senior lieutenants could face charges of illegal trading and stock price manipulation, among other charges.

Fintech / Regtech

Sri Lanka SEC Approves Rules to Digitalise Stock Market

By Duruthu E Chandrasekera | 07/06/2020

Sri Lanka’s SEC has approved rules to enable electronic account opening, trading and settlement at the Colombo Stock Exchange.

Fintech / Regtech

Thailand to Launch Digital Platform for Capital Markets Licensing

By Editors | 05/06/2020

The ‘Prof Link’ platform will include licence information for over 80,000 capital markets professionals, incorporating professional development and training.

ESG / Sustainability

KRX to Waive Fees for Issuers of ESG Bonds – Report

By Editors | 04/06/2020

KRX will also launch a centralised platform where investors can obtain the investment information and disclosures of each bond, as it seeks to bolster ESG bond markets.

Securities / Derivatives

NAFMII Launches Asset-backed Commercial Paper Pilot

By Editors | 04/06/2020

The pilot programme has so far helped 270 small and micro businesses obtain financing by selling their accounts receivables and notes to be securitised.

Securities / Derivatives

ESMA Clarifies Transparency Rules, Position Limits for Non-EU Venues

By Editors | 04/06/2020

ESMA has clarified its application of post-trade transparency requirements and the position limits regime to third-country trading venues.

Enforcement

CSRC Issues Warning Against CICC-controlled Fund Manager

By Editors | 04/06/2020

CICC-Qianhai Development Fund Management is said to have failed to fulfil its due diligence obligations and promised investors minimum returns, contrary to regulations.

Securities / Derivatives

CSRC Green-lights China Pacific Insurance LSE Listing

By Editors | 03/06/2020

If approved by the LSE, China Pacific Insurance will become only the second company to issue GDRs via the Shanghai-London Stock Connect since its launch in June 2019.