Securities / Derivatives

Securities / Derivatives

SEBI Finalises Amendments to Investment Adviser Rules

By Editors | 07/07/2020

The final rules increase the net worth, qualification and experience requirements for investment advisers and introduce client-level segregation of advice and distribution activities.

Enforcement

FSS Korea Considers Legal Action Against HK Hedge Fund

By Editors | 07/07/2020

Large losses on leveraged positions at Hong Kong-based Gen2 Partners earlier this year prompted a liquidity squeeze and a freeze on early redemptions.

Securities / Derivatives

China Issues Final Rules on Handling Corporate Bond Defaults

By Editors | 07/07/2020

The final rules establish trustee managers, bondholder meetings and intermediaries as investor safeguards in the disposal of defaulted corporate bonds.

Securities / Derivatives

New Bill Could Ban Some Chinese Firms from US Capital Markets

By Editors | 06/07/2020

The bill would reportedly seek to ban Chinese companies that engage in spying or human rights abuse, or support China’s military or industrial policy.

Securities / Derivatives

Shanghai Bourse Issues Draft Rules on ‘Targeted’ Convertible Bonds

By Editors | 06/07/2020

Targeted convertible bonds to be used to support mergers, acquisitions, reorganisation, restructuring, or refinancing of listed companies.

Securities / Derivatives

PBOC Announces Planned Enhancements to Bond Connect

By Editors | 06/07/2020

The enhancements will include measures to reduce fees, extend trading hours, expand Bond Connect trading platforms; and enhance primary market service offerings.

Securities / Derivatives

What SGX RegCo Expects of Sustainability Reporting During Covid-19

By Boon Gin Tan | 05/07/2020

SGX RegCo’s Boon Gin Tan and Michael Tang discuss the social aspects that issuers should consider describing in their sustainability reports in the context of COVID-19.

Enforcement

ASIC Penalises Credit Suisse for Breaching Trading Rules

By Editors | 05/07/2020

Credit Suisse did not match client orders for on-market buy-backs on an order book as is required by ASIC’s market integrity rules.

Securities / Derivatives

Nearly 500,000 Australians Deplete Retirement Savings

By Editors | 05/07/2020

Industry Super Australia estimates that 480,000 Australians have wiped out their superannuation savings through the government’s early release scheme.