Securities / Derivatives

Fintech / Regtech

Bank of Korea Experiments with Blockchain for Bond Settlement

By Editors | 21/02/2020

Under the proof of concept system now being developed, bond issuance, management, settlement and recordkeeping will be done using blockchain technology.

Capital / Liquidity

ISDA Publishes Uncleared Margin Implementation Project Checklist

By Editors | 21/02/2020

The checklist is suggested as a resource guide to highlight key implementation considerations for entities expecting to come into scope in September.

Securities / Derivatives

PBOC Issues Draft Rules on Standardised Notes Issuance

By Editors | 21/02/2020

The draft rules seek to standardise the instrument and improve its utility as a financing channel for SMEs, while also setting out supervisory measures and applicable rights to protect investors.

Market Infrastructure

European Commission Launches MiFID II Review

By Editors | 20/02/2020

The introduction of a consolidated tape and enhancements to investor protection are high priority items in the review.

Enforcement

Lime Asset, Shinhan Investment Raided in Hedge Fund Misselling Probe

By Editors | 20/02/2020

Investigators were dispatched to both firms to secure computer drives and documents linked to alleged misselling and fraud at both firms.

Securities / Derivatives

SEBI Forms Municipal Bonds Development Committee

By Editors | 18/02/2020

The committee will advise on regulation to develop the primary and secondary markets for municipal bonds.

ESG / Sustainability

TWSE Amends Listed Company Guidelines to Enhance Governance, CSR

By Editors | 18/02/2020

The amendments include stock trading controls to prevent insider trading, ethical management units at listed companies, and disclosures of governance practices for managing climate risk.

Capital / Liquidity

SEBI Bars Portfolio Managers from Charging Upfront Fees

By Editors | 18/02/2020

SEBI has barred portfolio managers from charging upfront fees from clients and imposed caps on annual management fees and exit loads.

Securities / Derivatives

China: Fees Hinder Entry of Foreign Distressed Debt Funds – Report

By Editors | 18/02/2020

Offshore funds have to rely on accounting and law firms throughout the three- to four-year life cycle of a transaction in China, at cost of up to 15% of the transaction’s value.