Securities / Derivatives

Securities / Derivatives

KOFIA Chair Vows to Restore Trust in Hedge Fund Industry

By Editors | 17/07/2020

KOFIA will prevent moral hazard in the hedge fund industry by providing consulting services and strengthening the role of prime brokers, intermediaries and fund managers in monitoring efforts.

Market Infrastructure

Optimising the Libor Switch with Portfolio Compression

By Editors | 17/07/2020

TriOptima’s multilateral approach to portfolio compression is helping the sell-side and buy-side alike to reduce Libor risk, optimise capital, and enhance operational efficiency.

Securities / Derivatives

UPDATED – China: State Council Releases Insurers from Equity Investment Limits

By Editors | 16/07/2020

A State Council decision paves the way for the implementation of CBIRC rules drafted in 2018 that would remove most limits on the equity sectors in which insurers can invest.

Securities / Derivatives

The Role of Derivatives Markets in Sustainable Finance

By Editors | 16/07/2020

The derivatives market can contribute in the transition towards a low-carbon economy, due its ability to facilitate capital-raising via the hedging of risks related to sustainable investments.

Enforcement

China Issues Authoritative Guidance on Handling Bond Disputes

By Editors | 16/07/2020

In disputes involving breach of contract, fraud or false statements – the issuer, its controlling shareholders, directors, and senior management will be held liable for bondholder losses.

Capital / Liquidity

BSEC Frames Rules for Mandatory Trading of Banks’ Perpetual Bonds

By Duruthu E Chandrasekera | 16/07/2020

Two banks have received conditional approval to list perpetual bonds on Bangladesh’s stock exchanges, while BSEC works to frame its rules for the listings.

AML / KYC

BSP to Promote Inclusion by Lowering Investment Account Minimum

By Editors | 15/07/2020

The BSP is considering lowering minimum amount a client must maintain in an investment account from ₱1mn to ₱100,000.

Securities / Derivatives

CSRC to Introduce Side Pocket Mechanism for Funds

By Editors | 15/07/2020

The CSRC first issued draft guidelines in August 2019, saying it was “learning from liquidity risk management in overseas markets”.

Securities / Derivatives

FSDC Proposals to Advance Hong Kong as Family Office Hub

By Editors | 15/07/2020

The Financial Services Development Council has identified four areas where reform is needed to make Hong Kong a “more conducive operating environment” for family offices.