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Securities / Derivatives
CFTC Approves Rule to Allow UPI Use in Swaps Reporting
By Sanday Chongo Kabange | 19/12/2023
The use of the UPI in the reporting of OTC derivatives in the US will start on 29 January 2024.
Securities / Derivatives
JPX Prepares for New NISA Launch in 2024
By Mark Johnston | 19/12/2023
JPX will support the launch of the expanded NISA by making it easier to make small investments that qualify for tax exemptions under the programme.
Enforcement
Appellate Court Sets Aside SEBI Penalties Against NSE, Officials
By Ajoy K Das | 19/12/2023
The penalties were imposed in June 2022 over the alleged exploitation of NSE’s internet infrastructure by brokers for faster connectivity.
Enforcement
Korea FSS Identifies Misconduct by Nine Securities Firms
By Editors | 19/12/2023
The securities firms and up to 30 managers were involved in selling investment assets amongst themselves to shift losses between customer accounts.
Securities / Derivatives
SGX Offers Guidance to Listed Companies on Rights Issues
By Nithya Subramanian | 19/12/2023
The guidance came after Stamford Land allocated excess rights shares to directors and controlling shareholders before fully satisfying applications by minority shareholders.
ESG / Sustainability
ESMA Consults on Sustainability Reporting Draft Guidelines
By ESG Investor | 19/12/2023
The guidelines seek to establish consistency in and robust approaches to the supervision of listed companies’ sustainability and financial information.
Securities / Derivatives
GIFT City’s Bullion Exchange IIBX Launches Trading in Silver
By Ajoy K Das | 18/12/2023
The launch of the silver trading platform will bring fair and transparent trade in the precious metals, said IIBX CEO Ashok Gautam.
Crypto / Digital Assets
India’s GIFT City Set to Launch Market for Tokenised Assets
By Ajoy K Das | 18/12/2023
GIFT City’s first regulated trading platform for tokenised commercial real estate assets is expected to launch in January 2024.
Market Infrastructure
India’s NSE Lists First Entity on New Social Stock Exchange
By Ajoy K Das | 18/12/2023
NSE’s social stock exchange enables direct listings from NPOs and other social enterprises, enabling them to raise financing with increased transparency.
Securities / Derivatives
IOSCO Issues Recommendations on Accounting for Goodwill
By Ranamita Chakraborty | 18/12/2023
The seven recommendations aim to improve the reliability, faithful representation and transparency of goodwill disclosed in financial statements.
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