Securities / Derivatives

India Launches First International Bullion Exchange

01/08/2022

The exchange is expected to facilitate efficient price discovery; ensure standardisation, quality assurance and sourcing integrity; and help bring more foreign traders to India.

PBOC, State Banks to Refinance Stalled Property Projects

01/08/2022

The PBOC will provide CNY 200 billion in funding to state owned banks, which will be tasked with financing the resumption of stalled real estate projects.

BSP to Ease Documentary Requirements for FX Transactions

31/07/2022

The BSP has proposed draft rules to ease the documentary requirements for registering inward investments and FX remittances to fund investments.

Capital / Liquidity

SFC Fines Hedge Fund Manager for Liquid Capital Deficit

31/07/2022

KTF Capital Management had a HK$20mn deficit between 13 and 18 December 2018 but misrepresented to the SFC that it maintained sufficient liquid capital during the period.

ESG / Sustainability

JPX Unveils Plans to Promote ‘New Capitalism’ Agenda

31/07/2022

JPX will develop an environment that promotes innovation and growth in companies, while also improving financial literacy and promoting asset building by households.

Capital / Liquidity

RBI Allows Payment Aggregators Time To Obtain Licenses

31/07/2022

Companies already providing payment aggregator services now would be allowed until 30 September 2022 to submit licence applications

ESG / Sustainability

NZ XRB Issues Final Consultation on Climate Reporting Standards

31/07/2022

The XRB intends to finalise the standards in December 2022. New Zealand’s first climate statements will be published in April 2024.

Securities / Derivatives

SEBI Proposes Rules for Mutual Fund ‘Execution-only’ Platforms

31/07/2022

Operators of platforms offering execution-only services in direct plans offered by mutual funds would have to register with SEBI, AMFI or stock exchanges.

Securities / Derivatives

Korean Regulators Vow to Punish Illegal Short Selling Activities

29/07/2022

Regulators may revise laws as early as this year to require short sellers trading large quantities of stocks to file reports on their activity.