Securities / Derivatives

Crypto / Digital Assets

Thailand to Legalise Cryptocurrency by Royal Decree

By Manesh Samtani | 14/03/2018

Cryptocurrencies will be classified as assets and regulated by SEC; capital gains from trading to be taxed at 10 percent.

Market Infrastructure

China Issues Consultation on Foreign Control of Securities Firms

By Samuel Riding | 12/03/2018

Foreign financial institutions would be able to own 51% of a mainland securities firm, with all ownership restrictions to be removed in three years’ time.

AML / KYC

SEBI Concerned About Money Laundering via PE, VC

By Garima Chitkara | 11/03/2018

Indian regulator says looser investment rules could encourage ‘round-tripping’ of funds by domestic investors, concerned about source of funds.

Securities / Derivatives

Vietnam Announces Risk Hedging Rules for Warrant Issuers

By Editors | 09/03/2018

Hi Chi Minh Stock Exchange to launch covered warrants in late March; issuers required to hold adequate underlying securities and submit daily reports to the exchange.

Securities / Derivatives

Eased Listing Rules to Attract Tech IPOs Tops CSRC Work Agenda

By Garima Chitkara | 08/03/2018

CSRC mulling allowing innovative voting structures and ease mandatory profitability requirements for participants in biotech, cloud computing and AI.

Securities / Derivatives

Chinese Exchanges to List ‘Belt and Road’ Bonds

By Editors | 06/03/2018

Seven domestic and foreign companies have so far been granted approval to list Belt and Road bonds on the Shanghai and Shenzhen stock exchanges.

Securities / Derivatives

China to Cap Money Market Fund Redemptions

By Editors | 04/03/2018

The limit for same-day redemptions will be set at CNY10,000, according to Bloomberg sources.

Securities / Derivatives

Taiwan Brokers Set to Issue Exchange Traded Notes

By Editors | 03/03/2018

Brokers with capital adequacy exceeding 250 percent and net value over NTD10 billion will be allowed to issue the new debt instruments.

AML / KYC

SEBI Mulling Omnibus Accounts for Gift City

By Garima Chitkara | 03/03/2018

Omnibus accounts will allow bank clients to trade without undergoing standard KYC procedures and help boost trading from offshore participants.