SECURITIES / DERIVATIVES

Securities / Derivatives

Korean Law Firms File Complaint Against HSBC, BNP Paribas – Report

By Editors | 06/12/2023

The complaint calls on Seoul prosecutors to swiftly investigate the banks’ short-selling practices in cooperation with the FSS and Hong Kong authorities.

Enforcement

ASIC Warns Online Trading Providers Over Risky Offers

By Sanday Chongo Kabange | 06/12/2023

ASIC found that some online trading providers unfairly influenced consumer decisions and made misleading disclosures during the Covid-19 pandemic.

Securities / Derivatives

SGX Sets Out Listing Requirements for Active ETFs

By Sanday Chongo Kabange | 06/12/2023

Active ETF managers must publish indicative NAV throughout the trading day, disclose NAV daily, and publish fund performance and portfolio holdings monthly.

Securities / Derivatives

SEBI Implements Three-Day Timeline for IPO Listings

By Ajoy K Das | 06/12/2023

The new mandatory three-day timeline from IPO close to listing took effect on 1 December, and will benefit both issuers and investors.

Securities / Derivatives

UK FCA Consults on Regulatory Approach for Overseas Funds

By Editors | 05/12/2023

The new regime will provide a “streamlined process” for overseas funds to market to UK retail customers if the government finds a jurisdiction equivalent.

ESG / Sustainability

CFTC Proposes Standards for Carbon Credit Derivatives

By Editors | 05/12/2023

The guidance adopts standards from the ICVCM’s Core Carbon Principles and introduces quality standards for carbon offsets tied to derivative contracts.

ESG / Sustainability

IOSCO Takes Stock of Measures to Address Greenwashing

By Manesh Samtani | 04/12/2023

IOSCO describes the challenges of addressing greenwashing and provides an overview of initiatives undertaken in various jurisdictions to tackle this risk.

ESG / Sustainability

IOSCO Proposes 21 Good Practices to Promote VCM Integrity

By Manesh Samtani | 04/12/2023

The Good Practices cover regulatory frameworks, primary market issuance, secondary market trading, and use and disclosure of use of carbon credits.

Market Infrastructure

RBI, BOE Agree to Cooperate on CCIL Information Exchange

By Manesh Samtani | 03/12/2023

The BOE recognises the “primacy” of the RBI in supervising India-based CCPs and agrees to rely on home country regulation and supervision.