Crypto / Digital Assets

India’s NSDL Launches Blockchain Platform for NCD Market

16/05/2022

The new platform will record NCD creation, continuously monitor covenants and asset cover, and track credit ratings.

Securities / Derivatives

SEBI Revises Framework for Calculating Margin Requirements

14/05/2022

The margin requirements calculated for derivatives will be based on the fixed beginning-of-day margin parameters.

AFCA to Speed Up Dispute Resolution With Early Merit Assessments

14/05/2022

Pilot tests conducted last year found that early merit assessments halved the time taken to resolve certain cases and reduced fees charged by up to 75 percent.

Securities / Derivatives

China Launches New Practice Guidelines for Securities Industry

13/05/2022

A new database will be established to maintain records on China’s 360,000 brokers. The process for Hong Kong and Taiwan licensees to practice in the mainland is simplified.

ESG / Sustainability

Singapore Listed Companies Form New Industry Body

13/05/2022

The new association will serve as a platform for thought leadership and advocacy, ESG ecosystem building, and corporate access and investor relations.

Enforcement

MAS Imposes S$100,000 Civil Penalty for False Trading

13/05/2022

A woman pledged shares for margin purposes, then bought more near the close to artificially raise their closing prices and increase the value of her collateral.

Market Infrastructure

CPMI Advances Work on Enhancing Cross-border Payments

13/05/2022

A final report has been issued on extending RTGS operating hours, and another offering a framework for jurisdictions to self-assess payment system access.

Fintech / Regtech

CBOE Australia Commences Trading in First Three Crypto ETFs

13/05/2022

Cosmos launched a feeder ETF offering indirect bitcoin exposure. 21Shares and ETF Securities launched a bitcoin ETF and an ether ETF, offering direct exposure.

Market Infrastructure

Singapore Taskforce Issues Second Consultation on Green Taxonomy

13/05/2022

The proposed traffic light-based taxonomy is accompanied by a user guide for financial institutions and companies to apply the taxonomy.