Securities / Derivatives

Crypto / Digital Assets

UK Proposes Two New Use Cases for Fund Tokenisation

By Manesh Samtani | 29/03/2024

Tokenising MMF units could facilitate their use as collateral, and reduce redemption pressures on MMFs during market stress.

Enforcement

SFC Refers Ding Yi Feng Case to Misconduct Tribunal

By Sanday Chongo Kabange | 29/03/2024

The new proceedings are in addition to separate court action that seeks to restore counterparties affected by alleged manipulation of Ding Yi Feng shares.

Securities / Derivatives

RBI Clarifies Norms for Investment in AIFs by Banks, NBFCs

By Ajoy K Das | 29/03/2024

The RBI said the provisioning requirement only applies to the amount invested in debtor companies and not the entire AIF investment.

Market Infrastructure

Enhanced SMP Service for Derivatives to Launch in June: HKEX

By Sanday Chongo Kabange | 28/03/2024

Enhanced SMP features will be available for testing from 2 April. Optional readiness test will be held on 15 June ahead of the launch.

Crypto / Digital Assets

LSE Proposes 28 May Launch for Crypto ETN Market Segment

By Manesh Samtani | 28/03/2024

Issuers seeking to list a Bitcoin- or Ethereum-backed crypto ETN on 28 May 2024 need to submit information to the LSE by 15 April 2024.

Securities / Derivatives

HKMA, SFC Call on Firms to Ensure Readiness for US Move to T+1

By Editors | 28/03/2024

Firms should consider deploying additional staff and or making adjustments to work shifts or working hours to cope.

ESG / Sustainability

Australia Tables Bill to Introduce Climate Disclosures, Strengthen FMI Regime

By Sanday Chongo Kabange | 28/03/2024

The legislation will implement new mandatory climate reporting requirements and strengthen regulatory arrangements for FMIs.

Securities / Derivatives

SEBI Suspects Mis-selling of Mutual Fund Products

By Ajoy K Das | 27/03/2024

SEBI is assessing whether AMCs sold long-duration and small cap funds to senior citizens without them properly understanding the risks.

Securities / Derivatives

SGX RegCo Requires Large Issuers to Submit Proposed AGM Dates

By Ranamita Chakraborty | 27/03/2024

The regulator highlighted that shareholders’ ability to attend AGMs is hindered if multiple AGMs are clustered within the same period.