Securities / Derivatives

Securities / Derivatives

Nasdaq Scrutinising IPO Applicants from China, Hong Kong

By Mark Johnston | 25/06/2024

Nasdaq officials have reportedly been inquiring into the identities and independence of pre-IPO investors of Chinese and Hong Kong companies seeking to list in the US.

Enforcement

UAE Extradites Former CEO to Thailand to Face Fraud Charges

By Editors | 25/06/2024

The former CEO of Stark Corporation was extradited to Thailand after being on the run for around eight months.

Securities / Derivatives

India Mulls Higher Tax for Derivatives to Deter Retail Investors

By Ajoy K Das | 25/06/2024

Proposals include a tax that would be deducted at source and a 30 percent capital gains tax, like what was introduced for crypto.

Securities / Derivatives

Korea Issues Regulatory Change Notices Relating to Short-Selling Ban

By Editors | 25/06/2024

The notices will implement reforms aimed at improving Korea’s short-selling system, including reducing the cash collateral ratio for retail investors.

Securities / Derivatives

CSRC Pledges to Expedite Approval Process for Overseas Listings

By Editors | 24/06/2024

CSRC vice chairman Fang Xinghai said there is a “long queue of companies” waiting to complete their registration for overseas listing applications.

Crypto / Digital Assets

SNB Extends CBDC Project ‘Helvetia’ for Two More Years

By Editors | 24/06/2024

The SNB said it has become “the world’s first central bank” to carry out a monetary policy operation in a live production environment using DLT.

AML / KYC

Korea: Simpler Registration Requirement Yielding More Foreign Inflows

By Editors | 24/06/2024

Around 300-400 new accounts are now being opened each month by foreign investors, compared to just 105 monthly during 2023.

ESG / Sustainability

Bursa Malaysia Opens Access to Sustainability Reporting Platform

By Nithya Subramanian | 24/06/2024

To date, the platform has primarily been used by early adopters. Bursa Malaysia said it can now be used by “all companies” of any size.

Securities / Derivatives

SEBI Tightens Norms for IPO Price Discovery Process

By Ajoy K Das | 24/06/2024

The order entry window of the pre-open call auction session for IPOs will end randomly during the last ten minutes.