Securities / Derivatives

Securities / Derivatives

ISDA to Commence Work to Update FX Standards

By Manesh Samtani | 26/03/2024

CEO Scott O’Malia said ISDA is also prioritising the development of a new industry notices hub and continuing to engage with US policymakers on the proposed Basel III reforms.

Enforcement

China’s Largest Brokerage Under Scrutiny for IPO Sponsor Role

By Editors | 26/03/2024

Citic Securities did not “directly reply” to a query from the SZSE  on whether an IPO applicant it was sponsoring had overly concentrated shareholdings among a few individuals.

Securities / Derivatives

SEBI Directs AMCs to Stop Channelling Funds into Overseas ETFs

By Ajoy K Das | 26/03/2024

AMCs have to stop accepting money from investors to invest in overseas ETFs as an existing $1bn investment limit is close to being breached.

Fintech / Regtech

Malaysia SC Enhances PLC Surveillance With AI Technology

By Editors | 26/03/2024

An internally developed AI-powered tool called ‘PLC360’ can predict the likelihood of misconduct and identify emerging trends and supervisory concerns.

Securities / Derivatives

SGX to Start Disclosing Commodity Positions of Traders in Q3

By Editors | 26/03/2024

SGX will start disclosing commitment of traders reports weekly, initially for iron ore, rubber and freight, to attract more overseas participation in its markets.

Securities / Derivatives

TSE Launches New Initiative to Encourage Cross-border IPOs

By Manesh Samtani | 26/03/2024

The “TSE Asia Startup Hub” will recruit promising companies from across Asia and provide them support and encouragement to list in Japan.

Big Picture

ESMA Publishes Industry Feedback on Adoption of T+1 in Europe

By Mark Johnston | 26/03/2024

The feedback was mixed. ESMA will seek to better understand the suitability, costs and benefits of a shorter settlement cycle and publish a final report by Jan 2025.

Securities / Derivatives

Bursa Malaysia Announces Listing of First Business Trust

By Editors | 26/03/2024

The business trust listing structure is particularly suitable for capital-intensive infrastructure assets that have stable cash flows.

Enforcement

CSRC Conducts Surprise Inspections of Fund Companies – Reports

By Mark Johnston | 25/03/2024

State media says it is not uncommon for regulators to conduct irregular inspections of fund companies, especially to promote good governance.