SECURITIES / DERIVATIVES

Crypto / Digital Assets

HK Breaks New Ground With Digital Green Bond Issuance

By Editors | 08/02/2024

This is the first multi-currency digital bond offering in the world, and the first digitally native bond issuance in Hong Kong.

Securities / Derivatives

SEBI Issues Guidelines on Preparation of Offer Documents

By Ajoy K Das | 08/02/2024

Draft offer documents should be prepared in “simple language”. SEBI will return noncompliant documents to issuers for correction and resubmission.

Securities / Derivatives

India: IRDAI to Scrap Pre-approval Requirement for Insurer IPOs

By Ajoy K Das | 07/02/2024

Seven different regulations for insurance companies are being merged to enhance ease of doing business.

AML / KYC

ESMA Withdrawal of Recognition for Dubai CCP Takes Effect

By Editors | 07/02/2024

Dubai Commodities Clearing Corporation’s appeal of ESMA’s withdrawal decision has been dismissed.

Securities / Derivatives

US SEC Adopts Rule to Boost Oversight of Proprietary Traders

By Editors | 07/02/2024

Firms that take on significant liquidity-providing roles in markets will be required to register as dealers and meet other requirements.

Securities / Derivatives

CSRC Halts Securities Lending to Support Stock Market

By Manesh Samtani | 07/02/2024

Brokerage firms are prohibited from engaging in securities refinancing business. State investor Central Huijin is expanding its ETFs purchases.

Enforcement

US SEC Settles Charges Against China-Based Firm With No Penalty

By Sanday Chongo Kabange | 07/02/2024

The firm self-reported its violations, provided “substantial cooperation” to SEC staff, and undertook prompt remedial measures.

Securities / Derivatives

Malaysia: SC Streamlines Authorisation Process for CMIs, RMOs

By Nithya Subramanian | 07/02/2024

The new approach will shorten the time to market for for new capital market intermediaries and recognised market operators to three months from six months previously.

Securities / Derivatives

China Works to Stablise Markets With Trading Curbs, Strong Words

By Manesh Samtani | 06/02/2024

CSRC vowed to punish market manipulation and malicious short selling. Institutional investors were told to avoid selling and brokers to avoid forced liquidations.