News Centre

Monetary Authority Of Singapore And SGX: Response To "Shorting On The SGX: Have Full Transparency On Such Trades, Big Or Small" - The Business Times, 3 April 2020

Date 09/04/2020

Dear Editor,

MAS & SGX: Current rules provide transparency on short selling activities

We refer to Mr Tan Song Huat’s letter calling for short sell trades of any size on SGX to be published within 24 hours. (“Shorting on the SGX: Have full transparency on such trades, big or small”, 3 April 2020).

SGX Reports Market Statistics For March 2020

Date 09/04/2020

• Activities increased across securities and derivatives markets
• Continuous COVID-19 news flow drives risk management in all trading sessions

The Securities Commission Malaysia Reminds Fund Managers And Unit Trust Management Companies To Prioritise Investors’ Interests During Covid-19

Date 09/04/2020

In view of the unprecedented and volatile market conditions arising from the Covid- 19 pandemic, the Securities Commission Malaysia (SC) has reminded fund management and unit trust management companies of their obligations to act in the best interest of investors at all times and ensure fair treatment of their clients.

Japan's Financial Services Agency: Presentations At The GLOPAC Fellowship Program rom Visiting Fellows

Date 09/04/2020

Click here to download presentations at the GLOPAC Fellowship Program from Visiting Fellows.

Shenzhen Stock Exchange Refines Arrangements On Postponement Of Disclosure Of Annual Reports And Intensifies Regulatory Service Measures During The “Fight Against The Pandemic”

Date 09/04/2020

To implement the guiding principles in the Notice on Further Strengthening Financial Support to the Prevention and Control of the COVID-19 Outbreak issued by five ministries and commissions the requirements of the Announcement on Matters Relating to Doing Well in Auditing and Disclosure of Annual Reports of Listed Companies (the “Announcement”) issued by the China Securities Regulatory Commission (CSRC), on April 8, SZSE released the Notice on Supporting Listed Companies in Doing Well in Auditing and Disclosure of 2019 Annual Reports (the “Notice”) to fully support market players including listed companies in pandemic prevention and control and disclosure of periodical reports by making overall planning and arrangements. The Notice laid down detailed arrangements for listed companies that have difficulties in disclosing audited 2019 annual reports before 30 April 2020 because of the pandemic, showing regulatory consideration, identifying market expectations and maintaining market order.

Circular Of Shanghai International Energy Exchange On The Delivery Issues Of SC2005

Date 09/04/2020

Shanghai International Energy Exchange (hereinafter referred to as “the Exchange”), the subsidiary of Shanghai Futures Exchange has released its Circular on the Delivery Issues of SC2005 on April 9, 2020.

Shenzhen Stock Exchange: Online Training “Fight The Pandemic Together And Facilitate Growth” For Hubei SMEs Successfully Held To Serve Over 3,000 Enterprises In Business Resumption

Date 09/04/2020

The four-week online training service “Fight the Pandemic Together and Facilitate Growth” for small and medium-sized enterprises (SMEs) in Hubei was recently successfully concluded. The activity conscientiously implemented the plans and requirements of the CPC Central Committee and the State Council on strengthening epidemic prevention and control and business resumption. Jointly launched by the Hubei Provincial Financial Administration, the Shenzhen Stock Exchange (SZSE), the China Capital Market Institute, SZSE’s wholly-owned subsidiary Shenzhen Securities Information Co., Ltd. (SSIC) and Wuhan Equity Exchange, the training was live-streamed remotely via the SZSE investment and financing service platform for innovation and start-ups (V-Next platform). It provided professional, non-profit online services for SMEs across Hubei and was also open to SMEs in other provinces and cities in China. More than 3,000 SMEs, mostly based in Hubei, participated in the online live-streamed training. 

Taiwan Futures Exchange Newsletter - April 2020

Date 09/04/2020

Taiwan Futures Exchange (TAIFEX) reported its March 2020 market statistics, showing its average daily trading volume (ADTV) reached 2.1 million contracts during the month, and a growth of 54.5% year-on-year (YoY) in monthly trading volume. As well, the three index futures in TAIFEX’s US product suite aiming for investors to hedge their exposures in the US market – DJIA futures, S&P 500 Futures and Nasdaq-100 Futures, all marked all-time high monthly trading ADTV since their launches. The most heavily traded of the three, DJIA futures, traded 31,866 contracts on a daily basis, up 58.6% from February.

ASIC Releases New Crowd-Sourced Funding Report

Date 09/04/2020

ASIC has released Report 657 Survey of crowd-sourced funding intermediaries: 2018-19 (REP 657). The report outlines findings from ASIC’s second industry survey, which tracks the growth and development of crowd-sourced funding (CSF) in Austra

SEC Provides Temporary, Conditional Relief For Business Development Companies Making Investments In Small And Medium-Sized Businesses - SEC Permits Business Development Companies To Issue Additional Securities And Invest Alongside Certain Affiliates In Order To Provide Additional Financial Support To Their Portfolio Companies

Date 09/04/2020

The Securities and Exchange Commission today announced that it is providing temporary, conditional exemptive relief for business development companies (BDCs) to enable them to make additional investments in small and medium-sized businesses, including those with operations affected by COVID-19.  BDCs were created to provide capital to smaller domestic operating companies that otherwise may not be able to readily access the capital markets.  Today’s relief will provide additional flexibility for BDCs to issue and sell senior securities in order to provide capital to such companies, and to participate in investments in these companies alongside certain private funds that are affiliated with the BDC.  Today’s relief is subject to investor protection conditions, including specific requirements for obtaining an independent evaluation of the issuances’ terms and approval by a majority of a BDC’s independent board members.