Securities / Derivatives

NSE India to Launch WTI Crude Oil, Natural Gas Futures

17/04/2023

NSE will launch WTI crude oil and natural gas futures contracts from 15 May. Both already trade on India’s MCX.

Securities / Derivatives

Malaysia Allows Dealer’s Representatives to Expand Services

17/04/2023

DRs can apply for additional licences to engage in investment advice, financial planning, restricted dealing in unit trust products, dealing in private retirement schemes.

Enforcement

Australia to Investigate Amex Over Data Privacy Concerns

17/04/2023

The OAIC will investigate American Express over its data handling protocols and potential national security risks.

Capital / Liquidity

Chinese D-SIBs to Start Issuing TLAC Bonds by June

17/04/2023

China’s four G-SIBs have started working on issuing their first TLAC bonds. Each bank is planning to raise at least CNY 10 billion.

Securities / Derivatives

ASX Considers Closing Settlement Service for Unlisted Funds

17/04/2023

The mFund Settlement Service caters to unlisted managed funds. ASX is considering closing the service.

Sanctions

G7 Says Switzerland Is Not Doing Enough to Combat Sanctions Evasion

17/04/2023

Switzerland, though officially neutral, has frozen Russian assets worth about a third of the EUR 21.5 billion frozen across the EU.

Securities / Derivatives

CFFEX Set to Launch 30 Year Treasury Bond Futures

16/04/2023

CFFEX already offers futures trading in 2-year, 5-year, and 10-year treasury bond futures. The 30-year contract will start trading on Friday (21 April).

Capital / Liquidity

Fed Approves UBS Acquisition of Credit Suisse US Subsidiaries

16/04/2023

UBS needs authorities in 58 countries to approve the merger, which will create a business with more than $5tr in total invested assets.

Securities / Derivatives

CSRC Consults on Rules to Enhance Independent Director System

16/04/2023

A qualification system, code of professional ethics, and information database for independent directors of listed companies will be established.