SECURITIES / DERIVATIVES

Enforcement

CFTC Fines BNY Mellon for Swap Reporting Failures

By Editors | 27/08/2024

The CFTC said BNY failed to properly report transactions, supervise its swap dealer business, and monitor staff communications.

Market Infrastructure

China Enhances Domestic Market Access for Foreign Investors

By Manesh Samtani | 27/08/2024

New rules have taken effect that enable foreign institutional investors to become direct members of CFETS.

Securities / Derivatives

CSRC Grants SHFE Approval to Launch New Options Contracts

By Editors | 27/08/2024

The Shanghai Futures Exchange has been granted approval to launch lead, nickel, tin and alumina options contracts.

Crypto / Digital Assets

AIIB Becomes First in Asia to Issue Digital Note via Euroclear

By Ranamita Chakraborty | 27/08/2024

The digital securities raised $300mn for AIIB’s sustainable development bond programme, with clearing possible through HKMA’s CMU and SIX.

Enforcement

SEBI Bans Anil Ambani from Securities Market for Five Years

By Ajoy K Das | 27/08/2024

Billionaire industrialist Anil Ambani and others allegedly orchestrated a scheme to divert funds from Reliance Home Finance through loans to connected entities.

ESG / Sustainability

Australia Advances Legislation on Climate Disclosures, FMI Regime

By Ranamita Chakraborty | 27/08/2024

Treasurer Jim Chalmers said the AASB will release standards for the climate risk disclosure framework “in the near future”.

Securities / Derivatives

HKEX Eases Rules for Specialist Tech Listings, De-SPAC Transactions

By Sanday Chongo Kabange | 26/08/2024

The SFC and HKEX said the adjustments were made to address the change in market conditions since the regimes were introduced.

Enforcement

ASIC Sets Out Strategic Priorities in New Corporate Plan

By Sanday Chongo Kabange | 26/08/2024

ASIC is taking aim at Australia’s private markets, which Chair Joe Longo said present an outsized risk to market integrity.

Securities / Derivatives

SEBI Proposes Revisions to Boost Appeal of Rights Issues

By Ajoy K Das | 26/08/2024

SEBI aims to make rights issues the preferred route for additional fundraising by listed companies, compared to QIPs and preferential allotments.