AML / KYC

SEBI Issues Guidelines on Accredited Investors Framework

05/09/2021

New circular covers eligibility criteria, validation for accreditation, the procedure to avail benefits linked to accreditation, and flexibility for investors to withdraw consent.

Fintech / Regtech

Task Force Formed to Align Digital Token Identifier With ITSA Standard

04/09/2021

The task force was formed to examine synergies between Digital Token Identifiers and the technical identifiers issued by ITSA.

Securities / Derivatives

Taiwan FSC Plans Relaxation of Share Issuance Rules

04/09/2021

Under a new mechanism, listed companies would be able to secure approval for multiple batches of share issuances at once without having to apply for each one individually.

Securities / Derivatives

RBI to Enable Settlement of G-secs through ICSDs

04/09/2021

The move will enhance access for non-resident investors and facilitate the inclusion of Indian G-secs in global bond indices.

Market Infrastructure

ASX Consults on Tranche 3 Rule Changes for CHESS Replacement

04/09/2021

The changes relate to netting, settlement, reporting and other amendments. ASX plans to release the final rule changes 6 months before the April 2023 go-live.

Enforcement

Singapore: 20 More Charges Laid in Nickel Trading Fraud Case

03/09/2021

Ng Yu Zhi has been charged with 20 new counts of cheating, bringing the total number of charges he faces to 51.

Securities / Derivatives

SEBI Tweaks Guidelines for Exchanges on Market Maker Use

03/09/2021

A one-year validity period is introduced for any board approval to introduce a liquidity enhancement scheme for a security, and removes a cap on how long it can be used.

Fintech / Regtech

Chinese Investors to Gain Access to Digital Securities via ADDX

03/09/2021

Through the QDLP scheme, MAS-regulated ADDX will offer Chinese investors access to digital securities covering a broad range of asset types.

Securities / Derivatives

Deutsche Bank Reinstated as IPO Sponsor in Hong Kong

03/09/2021

The SFC has approved three new Deutsche Bank hires who can act as IPO sponsor principals, after its licence was suspended in July due to a staffing gap.