Securities / Derivatives

Securities / Derivatives

Taiwan to Require Firms to Incorporate ESG in Internal Control Systems

By Editors | 12/04/2024

Listed companies and securities and futures firms will have until January 2025 to adjust their internal control and audit systems.

Securities / Derivatives

India’s NSE Cautions Investors of Deep Faked Videos of CEO

By Ajoy K Das | 11/04/2024

The exchange said investors should not follow advice coming from deepfaked videos of its CEO recommending stocks.

Securities / Derivatives

China Launches New Repo Clearing Service for Interbank Market

By Editors | 11/04/2024

The National Interbank Funding Center and Shanghai Clearing House launched a new general repo clearing service for the interbank bond market.

Fintech / Regtech

RBI Calls on Banks to Improve FX Market for Retail Investors

By Ajoy K Das | 11/04/2024

The RBI is concerned about unauthorised FX platforms, inadequate price transparency, and the lack of global participation by Indian players.

Securities / Derivatives

SFC Issues Guidance on Offering Hong Kong Funds in UAE

By Mark Johnston | 11/04/2024

The SFC published an information sheet providing guidance on how Hong Kong funds can be offered to investors in the DIFC and the UAE more broadly.

Market Infrastructure

EU Seeks to Coordinate T+1 Transition with UK, Switzerland

By Editors | 11/04/2024

The European T+1 Industry Task Force said alignment will reduce the complexity for multi-jurisdictional firms and minimise scoping issues.

Securities / Derivatives

US Treasury Proposes Rules for New Stock Buyback Excise Tax

By Editors | 10/04/2024

Corporations that undertake stock buybacks will have to pay a 1% excise tax on the fair market value of net repurchased shares during a tax year.

Securities / Derivatives

UBS Considers Stake Swap to Exit Credit Suisse China Venture

By Editors | 10/04/2024

UBS took control of the Credit Suisse venture last year and then put it up for sale due to restrictions on it holding majority stakes in two domestic brokerages simultaneously.

Market Infrastructure

EU Firms “Prepared” to Meet UPI Reporting Requirments: DSB

By Editors | 10/04/2024

The DSB said its user onboarding data reveals a steady increase in EU headquartered firms joining the UPI service.