Securities / Derivatives

Enforcement

China Securities Regulator Issues Warning to CICC

By Editors | 29/04/2024

The regulator said CICC employs unqualified personnel and does not have adequate monitoring of employees in place.

Securities / Derivatives

India Amends FX Rules to Facilitate Direct Listings in GIFT City

By Ajoy K Das | 29/04/2024

The regulations make clear that firms raising funds through direct GIFT City listings can hold the proceeds in foreign currency accounts outside India.

Securities / Derivatives

CSRC Tightens Investment Restrictions for Former Employees

By Editors | 29/04/2024

The revised regulations prohibit former employees who held positions in issuance supervision and regulatory roles from participating in IPOs for ten years after departure.

ESG / Sustainability

NZX Amends Listing Rules to Clarify Climate Disclosure Obligations

By Sanday Chongo Kabange | 29/04/2024

The amendments also introduce requirements for issuers to appoint authorised representatives and provide NZX with their contact details.

Securities / Derivatives

MAS Tightens Remuneration Disclosure Rule for REIT Managers

By Nithya Subramanian | 29/04/2024

MAS has removed the exemption provision and made it mandatory to disclose CEO and director remuneration in the annual report.

Securities / Derivatives

SFC Announces Details of Extended Grant Scheme for OFCs, REITs

By Editors | 29/04/2024

The SFC’s Christina Choi said the extension will “boost Hong Kong’s competitiveness and development as a preferred fund domicile for the industry.”

Securities / Derivatives

India: Small- and Mid-Cap Stocks Making Regulators Nervous

By Pankaj Sharma | 29/04/2024

Pankaj Sharma says SEBI’s approach to small- and mid-cap funds has been prudent, but that it should look to more closely align with international standards.

Securities / Derivatives

Bangladesh Tightens Circuit Breaker Limit for Listed Stocks

By Ajoy K Das | 27/04/2024

BSEC said the decision to tighten the circuit breaker’s lower limit was made in the interest of investors and securities market.

Fintech / Regtech

Korea Reveals Details on Naked Short Selling Detection System

By Manesh Samtani | 27/04/2024

Korea’s short-selling ban is unlikely to be lifted until after the new system is established, which is expected to take at least a year.