SECURITIES / DERIVATIVES

AML / KYC

SEBI Revises AML Guidelines for Securities Market Intermediaries

By Mark Johnston | 13/10/2023

The revisions lower the shareholding threshold for partners of a firm to be considered as beneficial owners from 15 to 10 percent, among other changes.

Big Picture

REITs Connectivity Will Boost Mainland and Hong Kong: HKEX

By Sanday Chongo Kabange | 13/10/2023

Expanding market connectivity to include REITs will increase Hong Kong’s attractiveness and promote the internationalisation of the Mainland capital market.

Securities / Derivatives

MAS Issues Liquidity Risk Management Guidance for Funds

By Manesh Samtani | 13/10/2023

The new information paper sets out expectations in four areas: governance, product design, ongoing LRM, and stress testing.

Securities / Derivatives

LME, SHFE to Collaborate on Product Innovation

By Editors | 13/10/2023

The exchanges will work together in product innovation to betterThe exchanges will work together to “better serve international participants in risk management and price discovery”. serve international participants in risk management and price discovery.

Crypto / Digital Assets

Tokenisation Is Revolutionising Markets, But One Element Is Still Missing

By Ralf Kubli | 13/10/2023

Ralf Kubli says standardised algorithmic definitions must be used to ensure the entirety of a tokenised asset’s collateral, liabilities, and cash flows are represented.

Securities / Derivatives

China State Fund Starts Moving to Boost Stock Market

By Editors | 12/10/2023

State-controlled Central Huijin Investment increased its stake in China’s big four banks and plans to continue buying shares for the next six months.

Securities / Derivatives

China Restricts Overseas Trading by Domestic Investors

By Editors | 12/10/2023

Cross-border securities broking, securities lending, fund sales and investment consulting for domestic investors are all prohibited.

Crypto / Digital Assets

JPMorgan Chase Launches ‘Tokenized Collateral Network’

By Editors | 12/10/2023

The first live transaction involved the use of tokenised shares in a BlackRock MMF as collateral in a bilateral OTC derivatives trade with Barclays.

Securities / Derivatives

Sri Lanka SEC Approves Short Selling Framework

By Duruthu E Chandrasekera | 12/10/2023

The CSE has started conducting virtual workshops to create awareness of regulated short selling and stock borrowing and lending.