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Securities / Derivatives
US Court Vacates New SEC Rule for Private Fund Advisers
By Nithya Subramanian | 07/06/2024
The appeals court ruled that the SEC “exceeded its statutory authority” by adopting the new rule for private fund advisers.

Securities / Derivatives
Japan Designates Four Cities as Special Asset Management Zones
By Editors | 07/06/2024
The government will work with Tokyo, Osaka, Sapporo, and Fukuoka to develop an attractive environment for asset managers.

Securities / Derivatives
SEBI Warning Letter to ICICI Bank Over Investor Outreach
By Ajoy K Das | 07/06/2024
ICICI Bank called shareholders of its securities unit seeking their votes to approve a delisting plan.

Enforcement
CSRC Addresses Market Fears About Stock Delistings
By Editors | 07/06/2024
The CSRC said there won’t be a significant increase in the number of delisted companies in the short term.

Enforcement
Japan FSA May Take Action Against MUFG Entities – Report
By Nithya Subramanian | 07/06/2024
MUFJ Bank and two affiliated securities firms allegedly shared nonpublic client information without consent.

Crypto / Digital Assets
Thai SEC Grants First Approval for Bitcoin ETF
By Editors | 07/06/2024
The ETF will operate under a fund-of-funds structure, allocating investments across major global Bitcoin funds.

Securities / Derivatives
SEBI Relaxes Timeline for FPIs to Disclose Material Changes
By Ajoy K Das | 06/06/2024
“Type I” material changes must be disclosed within seven days, but supporting documents can be provided within 30 days.

Securities / Derivatives
KRX to Provide Consulting to Support Corporate “Value Up” Plans
By Editors | 06/06/2024
One-on-one customised consulting will be provided to 100 small and medium-sized listed companies to help them establish and disclose their Value Up plans.

ESG / Sustainability
SET to Develop New System for Managing Emissions Data
By Editors | 06/06/2024
Energy consumption data will feed directly into the “SET Carbon system”. A prototype is expected to be ready in Q1 2025.

Securities / Derivatives
FIA, DMIST Publishes New Standards on Average Pricing
By Editors | 06/06/2024
DMIST calls for CCPs globally to adopt the new average pricing standards, to drive consistency and improve allocation processes.
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