Securities / Derivatives

Securities / Derivatives

China Moves to Stabilise Market Amid Coronavirus Fears

By Manesh Samtani | 03/02/2020

The CSRC has reportedly issued a verbal directive preventing brokers from selling borrowed shares, among other formal measures.

Securities / Derivatives

SEHK Proposes to Allow Corporate Beneficiaries of WVR Structures

By Editors | 02/02/2020

Hong Kong’s stock exchange is proposing to allow eligible corporate entities to hold weighted voting rights in listed companies, subject to appropriate safeguards.

Crypto / Digital Assets

IOSCO Highlights Debt Market Concerns in Annual Work Programme

By Editors | 31/01/2020

The 2020 work programme provides an update on five existing priorities and an overview of planned work on a new priority – corporate debt and leveraged loans.

Securities / Derivatives

SEBI Approves MSE Launch of Weekly Interest Rate Futures

By Editors | 31/01/2020

The Metropolitan Stock Exchange has become the first Indian exchange to receive SEBI’s approval to launch weekly interest rate futures contracts.

Securities / Derivatives

HKEX Names Two Global Banks in Failed IPO Application

By Editors | 31/01/2020

Sponsored by Morgan Stanley and JP Morgan Securities, the listing of Chinese biotech firm Akeso was rejected due to a typo in the date in a listing application document.

Securities / Derivatives

HK Listed Companies May Miss Earnings Deadline – Reports

By Editors | 31/01/2020

The HKICPA has met with HKEX to propose extending a 31 March filing deadline for China-based companies listed in Hong Kong affected by coronavirus-related travelling restrictions.

Enforcement

SFC Suspends RHB Securities AE for Unauthorised Discretionary Trades

By Editors | 30/01/2020

The account executive conducted discretionary trades for a client account for almost two years without obtaining written authorisation.

Securities / Derivatives

SEC Philippines Drafts Derivatives Investment Rules for Funds

By Editors | 29/01/2020

The global exposure to financial derivatives must not exceed 20% of the qualifying fund’s net assets, up from 10% previously.

AML / KYC

SEBI Panel Proposes Tighter Norms for Related Party Transactions

By Editors | 29/01/2020

Any member of the promoter group would be deemed a related party regardless of shareholding. Any shareholder with more than 20% of a listed company’s shares would also be deemed a related party.