Securities / Derivatives

Securities / Derivatives

SFC Updates Guidance to Streamline Approval Processes for Funds

By Editors | 23/12/2023

The streamlined measures will enhance the operational efficiency and approval processes of SFC-authorised funds.

Enforcement

Korea Considers Naked Short-selling Penalties for Global Banks

By Editors | 22/12/2023

Last month, Korean regulators said they found that the Hong Kong units of HSBC and BNP Paribas committed naked short selling.

Market Infrastructure

UK FCA Issues Listing Reform Proposals for Consultation

By Manesh Samtani | 22/12/2023

The FCA is also consulting on rules for a bond market consolidated tape and proposals to increase the availability of bond and derivatives information.

Market Infrastructure

SEBI Directs Clearinghouses to Back-up Risk Management Systems

By Ajoy K Das | 22/12/2023

Clearing corporations should be able to a SaaS-based RMS within 30 minutes in the event of a disruption with their existing RMS.

Securities / Derivatives

IFSCA Working Group Issues Recommendations on Direct Listing Framework

By Ajoy K Das | 22/12/2023

The report suggests two models to enable direct listings by Indian companies at GIFT City exchanges.

Market Infrastructure

China to Add Macau Pataca to Interbank FX Trading System

By Editors | 22/12/2023

Trading in the RMB/MOP currency pair will launch on 2 January 2024, and in the USD/MOP and HKD/MOP pairs from 2 March.

Market Infrastructure

SEBI Directs FMIs to Self-Assess Compliance With PFMIs

By Ajoy K Das | 21/12/2023

Depositories and clearing corporations are directed to assess their compliance with the PFMIs on a periodic basis and report the results to SEBI.

Market Infrastructure

Hong Kong to Revive Immigration Scheme for Investors

By Nithya Subramanian | 21/12/2023

The minimum investment stands at HK$30mn and includes a mandatory financial commitment to bolster local technology and innovation.

Capital / Liquidity

FSB, IOSCO Issue Guidance to Address Liquidity Mismatch in Funds

By Manesh Samtani | 21/12/2023

The FSB recommendations and IOSCO guidance aim to strengthen liquidity management by managers of open-ended funds.