Trading & Investment

SEBI Updates Rules on UCC, PAN Use in Commodity Derivatives

09/03/2021

Execution of commodity derivatives trades will be prohibited without an upload of clients’ UCC details, which should be accompanied by the PAN or e-PAN.

Market Abuse

John McAfee Indicted for Crypto-related Fraud, Money Laundering

08/03/2021

McAfee and his associate allegedly used their large Twitter following to promote altcoins and ICOs to investors through a so-called pump-and-dump scheme.

Liquidity Risk

IOSCO to Review Liquidity Risk Management at Investment Funds

08/03/2021

IOSCO is asking asset managers to participate in a survey on their liquidity risk management practices and experiences during the March 2020 market turmoil.

Trading & Investment

JPX Launches English Disclosure Portal for Listed Companies

08/03/2021

Listed companies that have yet to issue disclosures in English have cited the large amount of resources required to prepare documents as their main obstacle.

Trading & Investment

SEBI Issues Modified Guidelines for Mutual Fund Schemes

07/03/2021

The cumulative gross exposure limit through equity, debt, derivative positions may not exceed 100% of the net assets of the mutual fund scheme.

Reporting & Disclosures

Japan FSA To Review ESG Fund Labelling Rules

04/03/2021

Discussions with asset managers and fund distributors may start by June to assess whether rules for mutual fund labels can guard against greenwashing.

Sustainable Finance

UK to Issue First Sovereign Green Bonds for Retail Investors

03/03/2021

The savings bonds will fund projects in areas such as renewable energy and clean transportation and will go on sale to retail investors this year.

Trading & Investment

TWSE Lowers Investment Threshold for New Innovation Board

03/03/2021

Individuals with a net worth of TWD 10 million will be allowed to invest in TIB-listed firms, down from the TWD 30 million minimum that was earlier planned.

Structural Regulation

SSE, SZSE Agree Mechanism for NEEQ Firms to Transfer Listings

03/03/2021

NEEQ-listed companies that have total equity of at least CNY 30 million and at least 1,000 shareholders can transfer to the SSE STAR Market or the SZSE’s GEM board.