Securities / Derivatives

    Capital / Liquidity

    SFC Revised Code for Funds to Take Effect from January 2019

    By Manesh Samtani | 07/12/2018

    Amended ‘Code on Unit Trusts and Mutual Funds’ to take effect in January with 12-month transition period. Proposals on classification of derivatives funds have been revised.

    Enforcement

    China Unifies Enforcement of Bond Markets Under CSRC

    By Editors | 05/12/2018

    The move to unify regulation of the bond markets under one authority is aimed at improving the overall regulatory system and preventing systemic risk.

    Market Infrastructure

    SEBI Consults on Proposals to Allow Indian Firms to List Overseas

    By Editors | 05/12/2018

    An expert panel constituted by SEBI has issued recommendations that, if adopted, would enable Indian firms to list overseas and foreign companies to list directly in India.

    Market Infrastructure

    Calastone to Migrate Global Funds Network to Blockchain

    By Matthew Chan | 04/12/2018

    By moving to a blockchain platform, Calastone seeks to address the high cost of funds distribution and operational risk resulting from manual processes, older systems and legacy technology.

    Market Infrastructure

    SEBI Issues Cybersecurity Framework for Brokers, Depository Participants

    By Manesh Samtani | 04/12/2018

    Stockbrokers and depository participants will have to formulate a comprehensive cyber security and cyber resilience policy document in accordance with the guidelines by April 2019.

    Securities / Derivatives

    CSRC Approves UBS Majority Control of China Securities JV

    By Editors | 04/12/2018

    UBS will become the first foreign financial institution to take a controlling stake in a China-based securities joint venture, having now received formal approval from the CSRC.

    Securities / Derivatives

    China Eases Restrictions on Index Futures Trading

    By Editors | 04/12/2018

    The CFFEX has lowered margin requirements and trading costs on stock index futures, while also raising the daily trading limit on individual futures products.editors

    Market Infrastructure

    Bursa Malaysia to Implement T+2 by Q2 2019

    By Editors | 03/12/2018

    The bourse said the move to a shorter settlement cycle will improve operational efficiency, reduce counterparty risk and improve the competitiveness of Malaysia’s capital market.

    Market Infrastructure

    Huatai Securities Wins First Approval to Issue GDRs in London

    By Editors | 03/12/2018

    The approval marks the launch of the Shanghai-London Stock Connect, which allows China- and London-listed firms to issue depository receipts in each other’s markets.

    Securities / Derivatives

    China Enables Bond Market Access Through Bloomberg Terminal

    By Editors | 03/12/2018

    The PBOC says preparatory work has been completed to enable international investors’ access to China’s interbank bond market, via Bond Connect, through Bloomberg terminals.

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