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Enforcement
SFC Refers Ding Yi Feng Case to Misconduct Tribunal
By Sanday Chongo Kabange | 29/03/2024
The new proceedings are in addition to separate court action that seeks to restore counterparties affected by alleged manipulation of Ding Yi Feng shares.
Securities / Derivatives
RBI Clarifies Norms for Investment in AIFs by Banks, NBFCs
By Ajoy K Das | 29/03/2024
The RBI said the provisioning requirement only applies to the amount invested in debtor companies and not the entire AIF investment.
Market Infrastructure
Enhanced SMP Service for Derivatives to Launch in June: HKEX
By Sanday Chongo Kabange | 28/03/2024
Enhanced SMP features will be available for testing from 2 April. Optional readiness test will be held on 15 June ahead of the launch.
Crypto / Digital Assets
LSE Proposes 28 May Launch for Crypto ETN Market Segment
By Manesh Samtani | 28/03/2024
Issuers seeking to list a Bitcoin- or Ethereum-backed crypto ETN on 28 May 2024 need to submit information to the LSE by 15 April 2024.
Securities / Derivatives
HKMA, SFC Call on Firms to Ensure Readiness for US Move to T+1
By Editors | 28/03/2024
Firms should consider deploying additional staff and or making adjustments to work shifts or working hours to cope.
ESG / Sustainability
Australia Tables Bill to Introduce Climate Disclosures, Strengthen FMI Regime
By Sanday Chongo Kabange | 28/03/2024
The legislation will implement new mandatory climate reporting requirements and strengthen regulatory arrangements for FMIs.
Securities / Derivatives
SEBI Suspects Mis-selling of Mutual Fund Products
By Ajoy K Das | 27/03/2024
SEBI is assessing whether AMCs sold long-duration and small cap funds to senior citizens without them properly understanding the risks.
Securities / Derivatives
SGX RegCo Requires Large Issuers to Submit Proposed AGM Dates
By Ranamita Chakraborty | 27/03/2024
The regulator highlighted that shareholders’ ability to attend AGMs is hindered if multiple AGMs are clustered within the same period.
Fintech / Regtech
JPXI to Launch New Trading Analysis Data Service
By Editors | 27/03/2024
The new service will provide four types of data on a daily basis to enable trading participants to analyse their own transactions.
Securities / Derivatives
StanChart Inaugurates Investment Banking Unit in China
By Editors | 26/03/2024
Standard Chartered applied for the licence in 2021 and was granted approval to commence operations in December last year.
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