Securities / Derivatives

SEBI Mandates Automated Trading Controls for Insiders

21/07/2023

India’s securities regulator is ensuring that insiders, also known as designated persons, from listed companies cannot trade during sensitive periods.

OECD Proposes Common Approach for Real Estate Information Exchange

20/07/2023

OECD recently submitted an updated report analysing the current state of tax transparency regarding foreign-owned real estate and made several recommendations.

ESG / Sustainability

EBA to Collect Ad Hoc ESG Data for Risk Monitoring

20/07/2023

By analysing and reviewing the ESG data, the European Banking Authority (EBA) along with European central banks and financial regulators will be able to monitor ESG risks more effectively.

ESG / Sustainability

India’s Pension Regulator Approves Investment in Sovereign Green Bonds

19/07/2023

The Pension Fund Regulatory and Development Authority said pension funds will be allowed to invest in sovereign green bonds.

Big Picture

AI Regulatory Sandboxes Need Cooperation and Expertise: OECD

19/07/2023

A recent OECD report on AI regulatory sandboxes highlights important policy considerations that emphasises the need to build AI regulatory expertise and interdisciplinary cooperation.

DBS Opens International Financial Services Centre Unit in India’s GIFT City

18/07/2023

More financial companies from Singapore are expected to enter India’s Gujarat International Finance Tec-City (GIFT City) following the launch of a new cross-border trading link between India and Singapore.

ESG / Sustainability

China Aligns 193 Outstanding Green Bonds against Common Ground Taxonomy

18/07/2023

The Common Ground Taxonomy provides a comprehensive mapping and comparison analytical tool between the EU and China’s green finance taxonomies, specifically covering activities that help combat climate change.

Crypto / Digital Assets

OECD Proposes Crypto-Asset Reporting Framework to G20

18/07/2023

OECD recommends that its crypto-asset reporting framework (CARF) be adopted as an international standard for the reporting and exchange of information about crypto-assets.

ESG / Sustainability

Australia to Tighten Greenwashing Rules on Consumer Businesses

17/07/2023

The Australian Competition and Consumer Commission is currently seeking feedback on its newly issued draft guidance which clarifies obligations under Australian consumer law for businesses making environmental claims.