Securities / Derivatives

Securities / Derivatives

SEBI Implements Three-Day Timeline for IPO Listings

By Ajoy K Das | 06/12/2023

The new mandatory three-day timeline from IPO close to listing took effect on 1 December, and will benefit both issuers and investors.

Securities / Derivatives

UK FCA Consults on Regulatory Approach for Overseas Funds

By Editors | 05/12/2023

The new regime will provide a “streamlined process” for overseas funds to market to UK retail customers if the government finds a jurisdiction equivalent.

ESG / Sustainability

CFTC Proposes Standards for Carbon Credit Derivatives

By Editors | 05/12/2023

The guidance adopts standards from the ICVCM’s Core Carbon Principles and introduces quality standards for carbon offsets tied to derivative contracts.

ESG / Sustainability

IOSCO Takes Stock of Measures to Address Greenwashing

By Manesh Samtani | 04/12/2023

IOSCO describes the challenges of addressing greenwashing and provides an overview of initiatives undertaken in various jurisdictions to tackle this risk.

ESG / Sustainability

IOSCO Proposes 21 Good Practices to Promote VCM Integrity

By Manesh Samtani | 04/12/2023

The Good Practices cover regulatory frameworks, primary market issuance, secondary market trading, and use and disclosure of use of carbon credits.

Market Infrastructure

RBI, BOE Agree to Cooperate on CCIL Information Exchange

By Manesh Samtani | 03/12/2023

The BOE recognises the “primacy” of the RBI in supervising India-based CCPs and agrees to rely on home country regulation and supervision.

Securities / Derivatives

Bursa Malaysia Launches Investor Relations Support Programme

By Editors | 03/12/2023

The so-called “IR4U programme” provides tools and resources to help Malaysian listed companies develop their investor relations function.

Market Infrastructure

SGX Announces First Listings Under Shanghai ETF Link

By Manesh Samtani | 03/12/2023

ETF listed on SGX will give investors exposure to high dividend paying Shanghai stocks. ETF listed on SSE will track Indian and Southeast Asian tech companies.

Enforcement

FINRA Fines BofA Securities for Spoofing in Treasury Markets

By Editors | 03/12/2023

FINRA said a former BofA Securities supervisor and junior trader conducted 717 spoof trades, and the firm’s systems were not able to detect such activity.