SECURITIES / DERIVATIVES

Securities / Derivatives

RBI Issues New Rules for Financial Benchmark Administrators

By Ajoy K Das | 02/01/2024

Financial benchmark administrators operating in India must seek authorisation from the RBI within three months.

Enforcement

FSS Korea Fines BNK Kyongnam Bank for Employee Misconduct

By Sanday Chongo Kabange | 02/01/2024

Former branch manager opened a securities account using his mother-in-law’s name and forged signature, and used it to place 193 stock trades.

Securities / Derivatives

Taiwan, Korea Reciprocally Lower Taxes on Dividend, Interest Income

By Editors | 01/01/2024

The agreement was signed in November 2021 after seven years of negotiations. It has taken until now for the required legislative processes.

ESG / Sustainability

HKMA Study Assesses Climate Risks of HK-domiciled Funds

By Sanday Chongo Kabange | 29/12/2023

The study found that the climate risk of HK-domiciled funds is “in line with funds domiciled in other Asia-Pacific economies.”

Securities / Derivatives

Korea Advances Work to Implement Revised Asset Securitisation Act

By Mark Johnston | 29/12/2023

Effective from 12 January 2024, the revised law will enable a wider range of companies to issue securitised assets.

Securities / Derivatives

SEBI Proposes Material Price Movement for Rumour Verification

By Nithya Subramanian | 29/12/2023

It has proposed that instead of material events, rumour verification of material price movement should be done within 24 hours.

Market Infrastructure

Bursa Malaysia, RAM Holdings Launch Debt Fundraising Platform

By Nithya Subramanian | 29/12/2023

The platform will allow listed and unlisted companies to raise funds through the issuance of credit-rated investment notes.

Enforcement

Shanghai Court Settles China’s First Securities Class Action Lawsuit

By Editors | 28/12/2023

The court ordered Essence Information Technology to pay more than CNY 280 million to a total 7,195 investors.

Securities / Derivatives

RBI Finalises Rules for G-Sec Borrowing and Lending

By Ajoy K Das | 28/12/2023

Securities issued by the central government excluding Treasury Bills are eligible for lending and borrowing in GSL transactions.