SECURITIES / DERIVATIVES

Securities / Derivatives

China to Revise Securities Investment Fund Law – Report

By Mark Johnston | 25/04/2024

CSRC is working on revisions to China’s securities investment fund law to improve protections for investors and reduce capital market risks.

Fintech / Regtech

CFTC AI Rules Should Focus on Use Cases, Not Technology: FIA

By Manesh Samtani | 25/04/2024

FIA and other industry bodies say the focus should be on “the application of the technology within the context of a particular use case, not the technology as a whole”.

Securities / Derivatives

SEBI to Allow Cross-Margining for Futures with Different Expiries

By Ajoy K Das | 25/04/2024

A spread margin of 40 percent will be applicable for offsetting positions in correlated indices with different expiry dates.

Crypto / Digital Assets

Hong Kong Spot Crypto ETFs to Start Trading Next Week

By Sanday Chongo Kabange | 25/04/2024

Spot Bitcoin and Ether ETFs issued by ChinaAMC, Harvest Global Investments and Bosera Asset Management will start trading by 30 April.

Securities / Derivatives

HKEX Selects Ex-SFC Chair Carlson Tong as New Chair

By Sanday Chongo Kabange | 25/04/2024

Carlson Tong will take over from Laura Cha as the new HKEX chair for a three-year term until 2025.

Market Infrastructure

TFX Consults on Termination of Three-Month Euroyen Futures

By Mark Johnston | 25/04/2024

TFX seeks public comments on the termination of trading for three-month Euroyen futures by 7 May 2024.

Enforcement

Indian NBFC Detects Vehicle Loan Fraud Worth $18m

By Ajoy K Das | 25/04/2024

The fraud involved forgery of KYC documents related to retail vehicle loans, resulting in company funds being embezzled.

Securities / Derivatives

Asia-first Transition Strategy Scouts Opportunities

By ESG Investor | 25/04/2024

Robeco’s Head of Fixed Income argues that the hunt for “perfect” forward-looking emissions data cannot stand in the way of progress.

Securities / Derivatives

SEBI Finds Violations by Offshore Funds Invested in Adani Group

By Ajoy K Das | 24/04/2024

12 offshore funds violated disclosure rules and breached investment limits. Eight of these funds are trying to settle with SEBI.