Securities / Derivatives

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    Market Infrastructure

    India Launches UPI Block Facility for Stock Market Trades

    By Editors | 04/01/2024

    Investors can block funds in their bank accounts for secondary market stock trades rather than transfer them to brokers upfront.

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    Securities / Derivatives

    S. Korea to Scrap Plans to Impose Investment Income Tax

    By Mark Johnston | 04/01/2024

    President Yoon Suk Yeol announced plans to abolish a tax on capital gains from stock investments that has been due to take effect in 2025.

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    Securities / Derivatives

    Korea Issues Standards for Evaluating Accounting Management Systems

    By Editors | 04/01/2024

    The FSS issued evaluation and reporting standards and new guidelines for listed companies’ internal accounting management systems.

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    Securities / Derivatives

    AllianceBernstein Wins Approval to Launch China Funds Business

    By Editors | 04/01/2024

    The approval makes AllianceBernstein the fifth foreign-owned asset manager to win authorisation to start operating mutual funds in China.

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    Securities / Derivatives

    Korea’s FSC Charts Plan to Enhance Public Funds Market

    By Nithya Subramanian | 04/01/2024

    The goal is to reduce transaction costs, strengthen product appeal, and increase transaction convenience.

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    Big Picture

    Early Testing Will Be Key to Derivatives Reporting Compliance

    By Manesh Samtani | 04/01/2024

    DTCC’s Chris Childs and Priya Kundamal say there is no replacement for early testing to ensure data and reporting systems are fit for purpose.

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    Securities / Derivatives

    China Adopts Company Law Revisions to Improve Governance

    By Editors | 03/01/2024

    The revised Company Law, which takes effect from 1 July 2024, improves protections for small and medium-sized shareholders.

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    Securities / Derivatives

    SFC Sets Out Trigger Events Requiring Disclosure by ETF Managers

    By Editors | 03/01/2024

    The circular lists examples of events that may trigger ongoing disclosure requirements by management companies of ETFs.

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    Securities / Derivatives

    RBI Issues Draft Directions on Bonds Forwards in G-Secs

    By Ajoy K Das | 03/01/2024

    Resident and non-residents who are eligible to invest in government securities will also be eligible to undertake bond forward transactions.

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    Securities / Derivatives

    RBI Issues New Rules for Financial Benchmark Administrators

    By Ajoy K Das | 02/01/2024

    Financial benchmark administrators operating in India must seek authorisation from the RBI within three months.

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