Securities / Derivatives

SEBI Allows Indian Fund Managers to Serve GIFT City FPIs

11/01/2023

FPIs will be allowed to invest in mutual fund schemes except those categorised as “thematic”, purportedly to prevent higher volatility for entire sectors.

Capital / Liquidity

CBIRC Calls Out Four Insurers for Reporting False Solvency Data

11/01/2023

AIA and PICC said the incorrect data in their solvency reports was due to an incorrect understanding of the rules as well as calculation errors.

ESG / Sustainability

Thailand Exempts New SRI Funds from Establishment Fees

11/01/2023

The fee exemptions are intended to support fund managers companies in giving more weight to sustainability-driven securities investment.

Fintech / Regtech

PayNow-UPI Linkage is Ready for Launch: MAS Official

11/01/2023

MAS chief fintech officer Sopnendu Mohanty said the integration of the two payment networks is “ready and waiting for launch”.

ESG / Sustainability

SGX RegCo Finalises Rules on Independent Director Tenure

11/01/2023

Listing rule changes introduce a nine-year tenure limit for independent directors and requirements for enhanced remuneration disclosures in annual reports.

Market Infrastructure

Malaysia SC Revises Guidelines for Credit Rating Agencies

11/01/2023

The revised guidelines introduce higher standards on governance, internal controls and integrity in rating processes and assessments.

Securities / Derivatives

CSRC to Prevent IPOs from Firms in Non-Strategic Sectors

11/01/2023

The move is aimed at channelling resources into sectors that align with the national agenda, such as information technology and advanced manufacturing.

Securities / Derivatives

SEBI Proposes to Standardise Approach to AIF Portfolio Valuation

10/01/2023

SEBI proposes that PE funds, angel funds, and VC funds in India adopt the internationally recognised IPEV guidelines for portfolio valuation.

Securities / Derivatives

China to Crack Down on ‘Malicious Speculation’ in Iron Ore Market

10/01/2023

The NDRC said it will crack down on the spreading of false information, price gouging and speculation to ensure the smooth operation of the iron ore market.