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AML / KYC
India: AMFI in Talks with SEBI to Resolve Mutual Fund KYC Logjam
By Ajoy K Das | 01/05/2024
New KYC validation process is preventing mutual fund investors from undertaking new mutual fund transactions, including redemptions.
Securities / Derivatives
New OTC Derivatives Reporting Regime Goes Live in the EU
By Manesh Samtani | 01/05/2024
The EU EMIR Refit represents a significant step towards a more robust and transparent derivatives market, DTCC said.
Securities / Derivatives
SEBI to Allow Lower Face Value of Privately-placed Debt Securities
By Manesh Samtani | 30/04/2024
The lower face value will be optional for issuers of privately-placed non-convertible debentures and non-convertible redeemable preference shares.
ESG / Sustainability
ICMA, IsDB and LSEG Release Guidance on Sustainable Sukuk
By Nithya Subramanian | 30/04/2024
With the sustainable sukuk market already growing, the new guidance will attract more investors and raise more capital towards the SDGs.
Market Infrastructure
Last Stretch to T+1: Identifying Potential Bumps for Firms in Asia
By Nellie Dagdag | 30/04/2024
Nellie Dagdag says May 28th is not the end date for T+1 preparations; rather it is an awakening date for appreciation of the benefits of accelerated settlement.
Crypto / Digital Assets
Hong Kong Launches Asia’s First Spot Crypto ETFs
By Manesh Samtani | 30/04/2024
ChinaAMC, Harvest Global Investments, and Bosera Asset Management each listed a spot Bitcoin ETF and a spot Ether ETF.
Securities / Derivatives
SEBI Directs BSE to Remediate Erroneous Fee Calculations
By Ajoy K Das | 30/04/2024
BSE has to pay almost $20mn for to make up for years of incorrect calculations of its annual options trading turnover.
Securities / Derivatives
RBI Allows SFBs to Hedge with Interest Rate Derivatives
By Ajoy K Das | 30/04/2024
Until now, small finance banks have only been permitted to use interest rate futures for hedging.
ESG / Sustainability
Malaysia SC, IsDB to Cooperate on Islamic Capital Market
By Nithya Subramanian | 30/04/2024
The collaboration will facilitate innovation in Islamic fintech, promote Islamic social finance, and encourage investment inflows.
Enforcement
China Securities Regulator Issues Warning to CICC
By Editors | 29/04/2024
The regulator said CICC employs unqualified personnel and does not have adequate monitoring of employees in place.
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