Securities / Derivatives

Securities / Derivatives

China Allows Foreign Bank Branches to Enter Fund Custody Business

By Editors | 12/07/2020

Applicant banks must be of “high quality”, specifically in relation to risk management, international reputation, operating performance, profitability and market share.

Market Infrastructure

Hong Kong Passes Limited Partnership Fund Bill

By Editors | 12/07/2020

The limited partnership fund regime is aimed at attracting private equity, real estate, and venture capital funds to set up and operate in Hong Kong.

Securities / Derivatives

Malaysia Revises Circuit Breaker Mechanism, Price Limits

By Editors | 12/07/2020

The temporary revisions to the static and dynamic price limits, and the circuit breaker, are being implemented to provide added market stability and confidence.

Securities / Derivatives

HKEX Launches Master SPSA Service for Fund Managers

By Editors | 10/07/2020

The new service allows pre-trade checking of China A shares for northbound Stock Connect trading at the fund manager or aggregate level.

Enforcement

CSRC to Punish 258 Firms Illegally Financing Margin Trading

By Editors | 09/07/2020

The CSRC warns that illegal lenders are offering margin loans via websites, mobile apps and social media, promising investors 10 times leverage and high profits.

Market Infrastructure

HKEX Clears First HONIA-based Interest Rate Swaps

By Manesh Samtani | 09/07/2020

The first centrally cleared HONIA interest rate swap contract was between BOCHK and HSBC, marking a significant step to promote HONIA’s adoption in the financial industry.

Securities / Derivatives

ASIC Directs Listed Firms to Disclose Covid-19 Impacts

By Editors | 09/07/2020

Firms should “tell the story” of how their businesses are impacted by the Covid-19 pandemic, including support and assistance received from government, lenders, landlords and others.

Capital / Liquidity

BCBS Finalises Targeted Revisions to CVA Risk Framework

By Editors | 08/07/2020

Completion of the final adjustments to the CVA framework represents the conclusion of outstanding policy work related to the Basel III framework.

Securities / Derivatives

Record Korea Budget to Support Corporate Bond-buying

By Editors | 08/07/2020

The supplementary budget will cover a 1tr won capital injection for an SPV that will purchase low-rated corporate bonds and commercial paper.