SECURITIES / DERIVATIVES

ESG / Sustainability

RBI Expands Sovereign Green Bond Access for Non-resident Investors

By Nithya Subramanian | 09/11/2024

The RBI added 10-year SGrBs issued in the second half of the fiscal 2024-25 as ‘specified securities’ under the Fully Accessible Route.

Securities / Derivatives

Korea Increasingly Likely to Scrap Plans to Tax Stock Market Gains

By Nithya Subramanian | 08/11/2024

The main opposition Democratic Party has decided to support calls from the ruling People Power Party to scrap the planned tax.

Market Infrastructure

Japan FSA Proposes to Open Access to Foreign Financial Services

By Thisanka Siripala | 08/11/2024

Currently, Japanese investors face certain restrictions when accessing foreign financial platforms. A proposed amendment will change this.

Capital / Liquidity

UPDATED – New Margin Rules for OTC Derivatives Take Effect in India

By Editors | 08/11/2024

Only the VM rules have taken effect on schedule. The effective date for the IM rules has been extended to 1 April 2025.

Crypto / Digital Assets

Swift Payment Network Piloted for Tokenised Fund Settlements

By Editors | 07/11/2024

The pilot used the payment orchestration capabilities of existing Swift infrastructure to settle fund subscriptions and redemptions.

Crypto / Digital Assets

Major Japanese FIs Call on FSA to Allow Crypto ETFs

By Thisanka Siripala | 07/11/2024

MUFJ Trust Bank, Nomura, Daiwa Securities, and bitFlyer are among calling for the introduction of crypto ETFs in Japan to enhance its global competitiveness.

Market Infrastructure

UK FCA Introduces New Transparency Rules for Bonds, Derivatives

By Thisanka Siripala | 07/11/2024

FCA also consulting on proposals to allow asset managers for pooled investment funds greater flexibility in how they pay for investment research.

Enforcement

Sumitomo Mitsui Trust Bank Probing Insider Trading Case

By Thisanka Siripala | 07/11/2024

Sumitomo Mitsui Trust Bank disclosed that a former employee used non-public company information to conduct multiple insider trading transactions.

Crypto / Digital Assets

FCA, MAS to Explore Regulatory Considerations for Tokenisation

By Manesh Samtani | 07/11/2024

The FCA and ICMA welcomed reports released by MAS this week offering tokenisation frameworks for funds and fixed income securities.