Securities / Derivatives

Securities / Derivatives

China to Launch Registration-based System for Bond Issuance

By Editors | 02/03/2020

Issuers of enterprise and corporate bonds will have to meet higher disclosure requirements under the new registration-based system, while the role of intermediaries is also strengthened.

Market Infrastructure

BOJ Begins Publishing Securities Financing Transaction Data

By Editors | 02/03/2020

The data is collected monthly from approximately 50 financial institutions with the largest SFT trading volume, including transactions with overseas counterparties and intra-group transactions.

Enforcement

Japan FSA Fines Nissan $22m Over Ghosn Misconduct

By Editors | 01/03/2020

The fine is the second-highest penalty ever imposed by the FSA, and a response to 8 years of under-reported remuneration by Nissan’s former chairman Carlos Ghosn.

Securities / Derivatives

Entities Allowed to Operate in Gift City Without Forming New Company

By Editors | 28/02/2020

According to SEBI, entities can offer financial services in Gift City in connection with the securities market without forming a separate company.

Securities / Derivatives

All SGX Issuers Can Apply for Time Extension to Hold AGM

By Editors | 28/02/2020

The two-month extension for companies to hold their AGM applies to all issuers that need more time, irrespective of their place of business or operations.

Market Infrastructure

ASX Finalises Changes to 3-year, 10-year Treasury Bond Futures Roll

By Editors | 27/02/2020

A consultation on the changes received 36 submissions, largely supportive of ASX’s proposals, citing reduced costs, operational efficiencies and improved order management capabilities.

Securities / Derivatives

SEBI Imposes New Margin Collection Norms on Brokers

By Editors | 27/02/2020

From 1 June, collateral accepted by brokers for margin purposes must be held in a separate demat account created in the depository system, tagged as ‘Client Securities Margin Pledge Account’.

Securities / Derivatives

New Securities Law Set to Take Effect in China

By Editors | 27/02/2020

The new law, set to take effect on Sunday, establishes the legal basis for the adoption of a registration-based IPO system across the entire A-share market.

Securities / Derivatives

HK FSDC Survey Highlights Regulatory Challenges in Wealth Management

By Editors | 26/02/2020

Survey and focus group participants highlighted KYC challenges, a lack of clarity on client suitability requirements, and overly onerous investor protection measures impeding professional investors.