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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.

Enforcement
SFC Obtains Asset Freeze Orders from Canadian Regulator
By Sanday Chongo Kabange | 06/06/2024
The preservation orders were made to restrain the assets of a former Hong Kong CEO pursuant to the IOSCO EMMoU.
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