SECURITIES / DERIVATIVES

Fintech / Regtech

SEBI Developing AI Tool to Detect Fund Mis-selling

By Editors | 07/09/2023

The AI tool will be able to detect misselling that may go unnoticed using “rule-based supervision”, said SEBI chairperson Madhabi Puri Buch.

Market Infrastructure

RBI, ESMA Close to Resolving Stand-Off Over CCPs – Report

By Manesh Samtani | 07/09/2023

Discussions regarding MoUs between the RBI and ESMA are reported to be progressing more smoothly and regularly.

Capital / Liquidity

FSB Warns of Financial Stability Risks from ‘Hidden’ NBFI Leverage

By Editors | 07/09/2023

The FSB has identified pockets of high leverage in the NBFI sector and outlines policy implications to address these vulnerabilities.

Fintech / Regtech

SGX Gains Connectivity to FIA Tech’s Trade Data Network 

By Editors | 07/09/2023

The new connectivity will give SGX members greater transparency into their trade give up/ take in process.

Enforcement

Taiwan FSC Suspends Executive for Unlicensed TV Appearances

By Editors | 06/09/2023

Uni-President Investment Consulting was fined and its general manager suspended because she discussed stock analysis on TV without an analyst licence.

Market Infrastructure

Shanghai, Saudi Exchanges to Cooperate on Cross-Listings

By Manesh Samtani | 06/09/2023

The two exchanges will explore cross-listings of companies as well as ETFs, and also collaborate in areas such as fintech and ESG.

Crypto / Digital Assets

MAS Grants RMO Licence to Digital Asset Exchange AsiaNext

By Editors | 06/09/2023

AsiaNext, formed in 2021 as a joint venture between SBI Digital Asset Holdings and SIX Group, will cater exclusively to institutions.

Securities / Derivatives

SEBI Creates New ‘Abridged Prospectus’ Format for Debt Issuance

By Editors | 06/09/2023

The new format will further simplify and provide greater clarity and consistency in the disclosures by debt issuers, SEBI said.

Crypto / Digital Assets

WFE Publishes Research on Exchange Engagement with Crypto Market

By Manesh Samtani | 06/09/2023

WFE survey found that almost half of the respondent exchanges already offer some crypto-related product or service in response to mostly retail demand.