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Market Infrastructure
SEBI Issues Framework for System Audits of Clearing Members
By Ajoy K Das | 20/06/2024
System audits should encompass “all the IT resources” of professional clearing members to identify any “major or minor non-compliances”.

Securities / Derivatives
PBOC to Start Participating in Treasury Bond Market ‘Gradually’
By Editors | 20/06/2024
Pan Gongsheng said including government bond trading in the PBOC’s monetary policy toolbox is needed to address risks similar to those that caused SVB’s collapse.

Market Infrastructure
KRX Forms Task Force to Improve Preparedness for Market Outage
By Manesh Samtani | 20/06/2024
The task force was formed in response to the technical issue that occurred earlier this month at the NYSE, which caused stock prices to drop unexpectedly.

Market Infrastructure
CSRC Unveils New Measures to Enhance Shanghai STAR Market
By Editors | 20/06/2024
The CSRC will explore the introduction of STAR 50 index futures and options, establish “green channels” for M&A, and optimise market-maker and trading mechanisms, among other measures.

ESG / Sustainability
New Zealand Issues Guidance for Users of Climate Statements
By Sanday Chongo Kabange | 19/06/2024
The new guides are intended to help users such as investors and lenders to understand the CRD regime and the information provided in climate statements.

ESG / Sustainability
Japan FSA Working to Enhance Transparency of Shareholders
By Manesh Samtani | 19/06/2024
Custodians typically exercise voting rights based on instructions from beneficial shareholders, but it is often difficult to identify who those shareholders are.

Securities / Derivatives
CSRC Addresses Concerns About Securities Lending Activity
By Editors | 19/06/2024
The CSRC said the securities lending balance is at its lowest level since the start of the year, but that it would step up oversight against irregularities.

Securities / Derivatives
SEBI Mulls Measures to Contain Derivatives Trading Risks
By Ajoy K Das | 19/06/2024
SEBI is considering raising options margin requirements, enhancing disclosures, and changing brokers’ fee structures, among other measures.

Securities / Derivatives
NZX Proposes to Relax Market Maker Eligibility Requirements
By Editors | 19/06/2024
NZX proposes to allow non-trading participants to become designated market makers to support increased liquidity and market efficiency.

Market Infrastructure
Hong Kong to Start Trading During Typhoons from 23 Sep
By Sanday Chongo Kabange | 19/06/2024
Special arrangements will be available to smaller and mid-sized brokers. HKMA said banks stand ready to fulfill clearing and settlement obligations.
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