Securities Sector News Today

Weak profitability in Thailands securities sector is likely to lead to greater impetus for consolidation, particularly for smaller independent companies that have weaker franchises, Fitch Ratings says in a new report. Profitability in the sector in

The Ministry of Finance has proposed reducing by 10% to 50% of fees and charges in the securities sector, fees for appraisal of licenses for international travel service business, and for issuance of citizen identification cards from July 1 to December 31, 2023.

To encourage innovative financial technology (fintech) in the Kingdom’s securities sector, the Securities and Exchange Regulator of Cambodia (SERC) has created the FinTech Regulatory Sandbox.

The Securities and Exchange Regulator of Cambodia (SERC) entered into a memorandum of understanding (MoU) with Cambo Trust Plc to “enhance the implementation of the FinTech Regulatory Sandbox in the securities sector”. The MoU was signed on December 8 between SERC director-general Sou Socheat and Cambo Trust CEO Chan Sophy, at an accompanying ceremony.

The Securities and Exchange Regulator of Cambodia (SERC) has joined forces with Shenzhen-based think tank China Development Institute (CDI) and Cayman Islands-headquartered cryptocurrency light-contract platform provider MoonXBT Global Ltd to enhance human resource development in the securities sector and create new digital assets and other financial instruments.

Tax incentives are granted to companies that have listed their shares or issued debt securities on the Cambodia Securities Exchange (CSX), whether they are small to medium-sized enterprises or large companies.

The Cambodian securities sector sees tailwinds after the regulator, the bourse and the UN’s capital investment agency for the least developed countries entered into a partnership on development through technical assistance.

On 15 September 2021, Hong Kong's Securities and Futures Commission (SFC) published its conclusions (the Consultation Conclusions) from last year's consultation (the Consultation) on its proposed amendments to the...

The Straits Times Philipines at medium risk for money laundering: Inquirer editorial The paper says money laundering may have adverse impacts on the integrity and standing of the Philippine financial market. Buildings along the Pasig River during dusk in Metro Manila on May 11, 2021.PHOTO: BLOOMBERG Published1 hour ago https://str.sg/3kJK They can read the article in full after signing up for a free account. Share link: Or share via: Sign up or log in to read this article in full Sign up All do...

MANILA (Philippine Daily Inquirer/ANN): Money laundering remains a serious threat to the Philippines, which has had its share of embarrassing incidents in the past such as the Bangladesh central bank heist where US$81 million (S$107.8 million) in stolen money vanished in local casinos in 2016. One sector that is particularly vulnerable to cybercriminals is the local capital market. According to an assessment report released last week by the Securities and Exchange Commission (SEC), the capital ...