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FSC eases restrictions on scope of proprietary trading of foreign bonds by securities firms

2022-07-14
To encourage the development of a diverse range of financial products, and to afford securities firms a broader scope of business operations, the FSC on 1 June 2022 issued an order that securities firms are further allowed to deal at their business premises in mortgage backed securities (MBSs) and collateralized debt obligations (CDOs) with counterparties that qualify as professional institutional investors and high-net-worth corporate investors as defined in Article 3, Paragraph 3 of the "Regulations Governing Offshore Structured Products."
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  • Update: 2022-07-14
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