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China – CSRC Side Pocket Guidelines

On 16 August 2019,  CHI CSRC, CHI AMAC drafted guidelines on side pocket. CSRC drafted Guidelines on Mutual Funds Side Pocket Mechanism, seeking opinions. Objective Side pocket is an account used to differentiate illiquid from more liquid investments. Refine measures for liquidity risk management in liquidity risk regulations to enrich fund managers' management tools in…
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Taiwan – FSC Foreign Futures Dealers

On 19 August 2019, TAI FSC issued order on foreign futures trading. Issued order for futures brokers to indirectly entrust foreign futures trading business. According to the provisions of article 38 of the rules governing futures dealers. Pertinent Points Domestic futures dealers who do not have the clearing membership of foreign futures exchanges, may operate…
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China – SZSE Listed Company Violations

On 18 August 2019, SZSE updated listed company violations from this year. Since the start of the year, SZSE has made 62 disciplinary decisions on information disclosure/standard operation of listed companies, compared to 37 the previous year. Among them, 22 cases were publicly condemned, 52 were notified, and 8 persons responsible for the nature of…
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