SECURITIES / DERIVATIVES

Securities / Derivatives

SEBI to Require Intermediaries to Sever Ties with Unregistered ‘Finfluencers’

By Editors | 28/08/2023

SEBI-registered intermediaries and regulated entities would also be required to stop disbursing referral fees to unregistered entities such as “finfluencers”.

Market Infrastructure

China Moves Ahead With Capital Market Support Measures

By Manesh Samtani | 28/08/2023

The measures include a lower minimum margin ratio, a stamp duty cut, and curbs on stock sales and new IPOs.

Securities / Derivatives

SEBI Tightens Disclosure Norms for FPIs with Concentrated Investments

By Editors | 28/08/2023

FPIs will have to disclose all their owners if they hold over 50% of their India AUM in a single corporate group.

Securities / Derivatives

DSE Seeks Rule Relaxations to Boost Alternative Trading Board

By Editors | 28/08/2023

The ATB was launched this January but has failed to attract investors and still has only two securities listed.

Sanctions

Russia Considers Decree to Enable Investors to Unblock Assets

By Mark Johnston | 28/08/2023

Under the plan, interested foreign investors would be able to buy Russian assets currently frozen in Europe.

Capital / Liquidity

SFC Finalises Risk Management Guidelines for Futures Brokers

By Sanday Chongo Kabange | 28/08/2023

The new guidelines will take effect from 25 February 2024. An additional 12 months will be provided for certain changes.

Enforcement

Fed Terminates 2017 Cease-and-desist Order Against HSBC

By Mark Johnston | 27/08/2023

HSBC no longer has to provide progress reports on its efforts to improve internal controls or manage risks in connection with its FX trading activities.

Securities / Derivatives

SEBI to Allow NRIs, OCIs to Invest More in GIFT City via FPIs

By Editors | 27/08/2023

SEBI proposes to allow IFSCA regulated FPIs to accept higher levels of investment from Indian citizens residing overseas.

Market Infrastructure

Vietnam to Launch New Securities Trading System in December

By Editors | 26/08/2023

The new system has already been delayed several years due to the Covid-19 pandemic and other factors. Securities firms are still behind schedule on testing.