Australia Proposes to Improve Superannuation Performance Test

09/04/2023

A review of the YFYS reforms that commenced in September found that the performance can encourage short-termism and discourage.

Market Infrastructure

RBI to Permit Local Users to Access Onshore NDF Market

09/04/2023

The move is intended to further deepen the forex market in India and provide residents with greater hedging flexibility, RBI governor Shaktikanta Das said.

Securities / Derivatives

Morgan Stanley Applies to Open Futures Business in China

09/04/2023

If approved, Morgan Stanley would become the second foreign bank to wholly own a futures business in China, after JPMorgan.

ESG / Sustainability

DWS Targets Climate With Largest Ever US ETF Launch

09/04/2023

The passive fund began trading on the NYSE with $2bn of assets, backed by Finnish pension insurance company Ilmarinen.

Securities / Derivatives

SET to Streamline Market Data Licensing Processes

07/04/2023

The Stock Exchange of Thailand has partnered with DataBP to launch a new online platform that will simplify reporting and standardise market data administration.

ESG / Sustainability

Bursa Malaysia Joins International Emissions Trading Association

07/04/2023

Bursa Malaysia will contribute to the development of the global carbon market through its IETA membership.

Fintech / Regtech

RBI Scraps Plans to Allow Firms to Develop UPI Alternative

07/04/2023

RBI deputy governor T Rabi Sankar says ‘new umbrella entity’ applicants did not propose solutions that were particularly innovative.

India Sets Up Panel to Review National Pension System

07/04/2023

The panel will seek to improve the benefits to government employees covered under the NPS and try to unify the different schemes adopted across India.

Securities / Derivatives

FSC Korea Finalises New Rules for Convertible Preference Shares

07/04/2023

The rules were amended to prevent large shareholders from using (redeemable) convertible preference shares to dilute small shareholders.