Securities / Derivatives

Securities / Derivatives

TWSE to Monitor ETFs, ETNs for Pricing Discrepancies

By Editors | 19/04/2019

The TWSE will issue public notifications, based on comparisons of ETF and ETN price movements with the values of their underlying securities.

Securities / Derivatives

SSE Publishes Rules for Sponsors of Sci-Tech Board IPOs

By Editors | 18/04/2019

IPO sponsors will be required to hold stakes of 2-5% in the companies they help list on Shanghai’s new science and technology board.

Market Infrastructure

Settlement Workflow Needs to be Fully Automated – DTCC

By Editors | 18/04/2019

Settlement processes are attracting more attention as regulators require shorter and more certain settlement, with potential penalties for noncompliance.

Securities / Derivatives

China Announces Tax Breaks for Investors in CDRs

By Editors | 17/04/2019

Investors will be exempt from tax on profits from trading CDRs for three years, in addition to preferential tax treatment on dividend income.

Securities / Derivatives

Malaysia Consults on Migration to Scripless Securities Market

By Editors | 17/04/2019

Bursa Malaysia has issued new rule amendments to facilitate a move towards paperless record keeping and certificate issuance for the securities market.

ESG / Sustainability

Hong Kong’s SFC Releases Guidance on Green Funds Disclosure

By Editors | 15/04/2019

The SFC has set out its disclosure expectations for fund managers claiming a green or ESG focus in their investment products, in a bid to facilitate informed decision making by investors.

Fintech / Regtech

India Brokers Asked to Report on AI, ML Systems by 15 Apr

By Editors | 13/04/2019

In line with  January circular from SEBI, BSE India has asked stock brokers to submit their cybersecurity compliance reports for the Jan-Mar quarter.

Market Infrastructure

US SEC Recognises NZX as Designated Offshore Market

By Editors | 11/04/2019

NZX participants will no longer be required to maintain a reasonable belief that clients are non-US domiciled persons in order to trade on their behalf.

Securities / Derivatives

Close-Out Netting Essential for Asia Derivatives Markets – ISDA

By Manesh Samtani | 11/04/2019

Close-out netting is the single most effective tool for reducing credit risk between counterparties, says ISDA chief Scott O’Malia, highlighting the ambiguity over its treatment in key jurisdictions.