Securities / Derivatives

Securities / Derivatives

Shanghai’s New High-Tech Board Starts Receiving IPO Applications

By Editors | 20/03/2019

Eleven firms have so far announced plans to list on the new board, six of which are already traded on OTC markets or other exchanges.

Securities / Derivatives

SFC Extends Compliance Deadline for New Rules on Complex Products

By Editors | 20/03/2019

The SFC has extended the deadline for compliance with new rules requiring firms to ensure client suitability when selling complex products by two months.

Market Infrastructure

ASIFMA Paper Offers Policy Suggestions on Improving China Market Access

By Manesh Samtani | 20/03/2019

A new ASIFMA paper provides policy recommendations for making China’s capital markets easier to access and more attractive to foreign institutional investors.

Market Infrastructure

NSE-SGX Final Arbitration Decision Deferred to December 2020

By Editors | 20/03/2019

The deferment means Singapore Exchange will be able to continue offering SGX Nifty products until a long term solution is agreed.

Crypto / Digital Assets

Japan to Impose Margin Trading Limits in Cryptocurrency Sector

By Editors | 20/03/2019

New rules will limit cryptocurrency margin trading to two-to-four times initial deposits and require exchanges offering margin facilities to register separately with government.

Market Infrastructure

MAS Publishes Finalised Mandatory Trading Regulations for Derivatives

By Kai Loon Loh | 19/03/2019

Kai Loon Loh and Patrick Phua at global law firm Ashurst sum up the key takeaways from the MAS response to consultative feedback and the now-finalised mandatory trading regulations.

Enforcement

SFC Fines BOCI Securities for ‘Systemic Deficiencies’ in Selling Practices

By Editors | 19/03/2019

BOCI Securities failed to comply with requirements relating to client profiling, product due diligence, and suitability assessment in its sale and distribution of investment products.

Market Infrastructure

Tokyo Bourse to Cut a Third of Companies from First Section

By Editors | 18/03/2019

The Tokyo Stock Exchange plans to raise the minimum market cap for companies to maintain a listing on its First Section and require English language quarterly earnings disclosures.

Big Picture

FIA Warns of Market Fragmentation in Global Derivatives Markets

By Garima Chitkara | 14/03/2019

Inconsistent and duplicative regulatory frameworks have led to fragmentation in global and regional derivatives markets, according to a white paper by the FIA.