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Enforcement
Mirae Chairman Steps Back from Management Amid Antitrust Probe
By Garima Chitkara | 28/05/2018
Park Hyeon-joo will head up the group’s global investment strategy even as the firm is under investigation for unfair trading practices.
Securities / Derivatives
India’s BSE to Launch Corporate Debt Repos
By Garima Chitkara | 28/05/2018
BSE received approval from RBI and SEBI to trade repos on corporate debt securities, a move expected to deepen corporate debt market.
Securities / Derivatives
Cambodia Establishes Regulatory Framework for Collective Investment
By Manesh Samtani | 24/05/2018
Securities regulator approves directive establishing conditions and procedures to follow for licensing and the legal obligations for collective investment schemes.
Market Infrastructure
CFTC Approves ASX Application for Direct Access to US Customers
By Garima Chitkara | 24/05/2018
ASX can provide direct access to US customers to trade on its platform; CFTC order part of its regulatory deference programme
Securities / Derivatives
India Consults on Opening Up Commodity Derivatives to Foreign Entities
By Garima Chitkara | 24/05/2018
SEBI consults on allowing foreign entities with direct exposure to Indian commodities into the commodities derivatives markets; FPI’s will not be allowed.
Market Infrastructure
NSE Takes Legal Action to Prevent SGX India Derivatives Launch
By Garima Chitkara | 24/05/2018
NSE is seeking to prevent SGX from launching India equity derivative products in June; NSE previously terminated its data sharing agreement with SGX for its Nifty futures offering.
Securities / Derivatives
SFC Introduces New Disclosure Rules for Discretionary Account Trading
By JP Reimann | 23/05/2018
SFC requires intermediaries to disclose incentives, trading profits arising from third party products; amendments to come into effect on 25 November 2018.
Market Infrastructure
Malaysia Implements Segregated Accounts for Bond Investors
By Manesh Samtani | 23/05/2018
BNM has operationalised segregated securities accounts for resident and non-resident investors in RENTAS debt securities using LEIs to identify transacting parties.
Capital / Liquidity
China Boosts Offshore RMB Liquidity as MSCI Inclusion Looms
By Garima Chitkara | 21/05/2018
PBOC allows offshore clearing banks to access mainland liquidity, cuts RMB reserve ratio of clearing banks to zero percent, among other measures.
Securities / Derivatives
SFC Expands Professional Investor Rules
By JP Reimann | 21/05/2018
SFC’s new professional investor rules will expand categories, amend qualification threshold starting from 13 July 2018.
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