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Enforcement
Officials Installed at Chinese Securities Firm to Monitor Risks
By Editors | 08/05/2019
The CSRC has installed officials at a troubled securities firm, N-Securities, over concerns about excessive debt and inadequate risk management.
Securities / Derivatives
HKMA Launches Green and Sustainable Banking Initiative
By Manesh Samtani | 08/05/2019
The measures include the development of a common framework and methodology for banks to assess how ‘green’ they are, and requirements to meet supervisory targets in this regard.
Market Infrastructure
HKEX Pushes Forward Commodities Business in China
By Manesh Samtani | 08/05/2019
HKEX is working with the Guangdong government to launch a pilot scheme for LME metals warehousing under the Greater Bay Area project.
Securities / Derivatives
AFMI Issues Guidelines for Funds on Debt Write-Offs, Haircuts
By Editors | 07/05/2019
The Association of Mutual Funds in India has issued new guidelines on how fund managers should write down debt and take haircuts for sub-investment grade securities.
Fintech / Regtech
Malaysia to Use Blockchain in Securities Borrowing and Lending
By Editors | 07/05/2019
Working with bank stakeholders, Bursa Malaysia is developing Southeast Asia’s first blockchain proof-of-concept for securities borrowing and lending.
Enforcement
Temporary Relief to NSE Directors, Brokerages in Algo Case
By Editors | 07/05/2019
Three brokerages facing market bans had asked for a temporary stay to close out open futures and options positions.
Securities / Derivatives
BSEC Publishes Draft Rules on Securities Short Selling
By Editors | 07/05/2019
The draft rules set out requirements for brokers and dealers in relation to short selling of securities, which is currently prohibited in Bangladesh.
Securities / Derivatives
SGX Central Depository Moves to Digital Account Opening
By Editors | 07/05/2019
CDP account opening can now be done online without paper documents, allowing for greater convenience, security and “a better experience” for retail investors.
Market Infrastructure
Securities Association Says MPFA Needs to Enable China Market Access
By Editors | 06/05/2019
MPF managers are allowed to invest in 40 approved overseas exchanges, but this does not include exchanges in China.
Crypto / Digital Assets
ESG: The Un-Hyped Acronym
By Philippe Dirckx | 06/05/2019
Compliance to ESG standards and principles will permanently transform the way we conduct business, says international banking veteran Philippe Dirckx.
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