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Capital / Liquidity
ISDA Publishes Uncleared Margin Implementation Project Checklist
By Editors | 21/02/2020
The checklist is suggested as a resource guide to highlight key implementation considerations for entities expecting to come into scope in September.
Securities / Derivatives
PBOC Issues Draft Rules on Standardised Notes Issuance
By Editors | 21/02/2020
The draft rules seek to standardise the instrument and improve its utility as a financing channel for SMEs, while also setting out supervisory measures and applicable rights to protect investors.
Market Infrastructure
European Commission Launches MiFID II Review
By Editors | 20/02/2020
The introduction of a consolidated tape and enhancements to investor protection are high priority items in the review.
Enforcement
Lime Asset, Shinhan Investment Raided in Hedge Fund Misselling Probe
By Editors | 20/02/2020
Investigators were dispatched to both firms to secure computer drives and documents linked to alleged misselling and fraud at both firms.
Securities / Derivatives
SEBI Forms Municipal Bonds Development Committee
By Editors | 18/02/2020
The committee will advise on regulation to develop the primary and secondary markets for municipal bonds.
ESG / Sustainability
TWSE Amends Listed Company Guidelines to Enhance Governance, CSR
By Editors | 18/02/2020
The amendments include stock trading controls to prevent insider trading, ethical management units at listed companies, and disclosures of governance practices for managing climate risk.
Capital / Liquidity
SEBI Bars Portfolio Managers from Charging Upfront Fees
By Editors | 18/02/2020
SEBI has barred portfolio managers from charging upfront fees from clients and imposed caps on annual management fees and exit loads.
Securities / Derivatives
China: Fees Hinder Entry of Foreign Distressed Debt Funds – Report
By Editors | 18/02/2020
Offshore funds have to rely on accounting and law firms throughout the three- to four-year life cycle of a transaction in China, at cost of up to 15% of the transaction’s value.
Securities / Derivatives
Whistleblowing Policy to Become Mandatory for SGX Listed Companies
By Editors | 18/02/2020
SGX RegCo chief Tan Boon Gin wants to hardcode a whistleblowing policy into the Listing Rules to make compliance mandatory. A consultation will be launched in June.
Securities / Derivatives
Bangladesh Banks to Get Credit Support for Stock Market Investment
By Editors | 17/02/2020
Stock market investment through the credit support package will not count towards the maximum allowed stock market exposure of 25% of capital.
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