SECURITIES / DERIVATIVES

Securities / Derivatives

SEBI Proposes Stricter Rules for Offshore Derivatives Issuance

By Ajoy K Das | 08/08/2024

Issuers will be required to maintain a separate dedicated FPI registration and prohibited from using Indian derivatives as the underlying.

Securities / Derivatives

SEBI Imposes New Obligations on AMCs to Address Market Abuse

By Ajoy K Das | 07/08/2024

Fund managers are required to put in place a whistleblower mechanism and enhance their surveillance systems, internal controls and procedures.

Securities / Derivatives

SGX Launches SORA, TONA Futures to Enable More Effective Hedging

By Ranamita Chakraborty | 07/08/2024

SGX says the new futures contracts provide a new tool for hedging interest rate risks and generating capital efficiencies.

Securities / Derivatives

SEBI Proposes to Streamline Rules for Entities with Listed NCDs

By Ajoy K Das | 07/08/2024

SEBI proposes to align the approval and authentication process for financial results of entities with listed NCDs to that of equity-listed entities.

Enforcement

Malaysia SC Fines Fund Consultant for Breaching Securities Laws

By Sanday Chongo Kabange | 06/08/2024

The former Kenanga Investors Berhad consultant misappropriated investor funds and provided falsified statements of accounts.

Securities / Derivatives

Taiwan to Amend Regulations to Allow First Active ETFs

By Manesh Samtani | 06/08/2024

Both active stock ETFs and active bond ETFs will be allowed, with requirements for daily announcements of actual portfolio holdings.

Market Infrastructure

HKEX to Hold Practice Session for Severe Weather Trading

By Sanday Chongo Kabange | 06/08/2024

The 24 August session is intended to help EPs prepare for implementation of Severe Weather Trading (SWT) arrangements next month.

Market Infrastructure

ASX Issues 2nd Consultation on CHESS System Design

By Manesh Samtani | 06/08/2024

ASX proposes to move cash equities to a T+1 settlement cycle after the CHESS replacement is fully delivered in 2029.

AML / KYC

MAS to Require Family Offices to Undergo Screening Process

By Ranamita Chakraborty | 06/08/2024

From 1st October, Singapore-based family offices must complete a screening process with approved providers to qualify for tax incentives.