Securities / Derivatives

Securities / Derivatives

MAS to Streamline Regulatory Regime for Fund Managers

By Editors | 24/10/2023

The RFMCs regime will be repealed. Existing RFMCs will transition to become Licensed Fund Management Companies instead.

Securities / Derivatives

SFC Takes Issue With Practices of Fund Distributors

By Manesh Samtani | 24/10/2023

The SFC calls out distributor practices such as offering guaranteed returns, imposing lock-up periods, and lowering dealing frequency.

Securities / Derivatives

Zhengzhou Exchange Launches Six New Commodity Options

By Editors | 24/10/2023

ZCE started trading options contracts staple fiber, soda ash, apples, manganese silicon, ferrosilicon and urea.

Securities / Derivatives

RBI Allows Retail Investors to Access FRSBs Through Direct Portal

By Ajoy K Das | 24/10/2023

Until now, floating rate savings bonds were only available to retail investors through select branches of State Bank of India and certain other institutions.

Enforcement

FSS Korea on Recruitment Drive to Enhance Inspections

By Sanday Chongo Kabange | 24/10/2023

The FSS is hiring 25 lawyers and accountants from financial firms to bolster its inspections and curb unfair practices.

Securities / Derivatives

CSRC Proposes Measures to Boost Dividend Payouts to Investors

By Editors | 24/10/2023

Listed companies are asked to increase their dividend payout ratios, increase the frequency of dividends, and avoid paying “abnormally high” dividends.

Securities / Derivatives

SEBI Offers Large Corporates Incentives to Issue Bonds

By Editors | 24/10/2023

Large corporates that raise more than 25 percent of their borrowing through debt securities will have to pay lower listing fees and Core SGF contributions.

Securities / Derivatives

China State Fund Buys ETFs to Support Stock Market

By Editors | 24/10/2023

State-controlled Central Huijin Investment did not disclose how much it invested in ETFs. Brokers estimate the amount around CNY 10 billion.

Enforcement

China: Former Stock Exchange Official Facing Bribery Prosecution

By Editors | 24/10/2023

Authorities said the former deputy general manager “still did not restrain himself” after the 19th and 20th National Congress, despite the high-pressure anti-corruption campaign.