Securities / Derivatives

Enforcement

Korea FSS Identifies Misconduct by Nine Securities Firms

By Editors | 19/12/2023

The securities firms and up to 30 managers were involved in selling investment assets amongst themselves to shift losses between customer accounts.

Securities / Derivatives

SGX Offers Guidance to Listed Companies on Rights Issues

By Nithya Subramanian | 19/12/2023

The guidance came after Stamford Land allocated excess rights shares to directors and controlling shareholders before fully satisfying applications by minority shareholders.

ESG / Sustainability

ESMA Consults on Sustainability Reporting Draft Guidelines

By ESG Investor | 19/12/2023

The guidelines seek to establish consistency in and robust approaches to the supervision of listed companies’ sustainability and financial information.

Securities / Derivatives

GIFT City’s Bullion Exchange IIBX Launches Trading in Silver

By Ajoy K Das | 18/12/2023

The launch of the silver trading platform will bring fair and transparent trade in the precious metals, said IIBX CEO Ashok Gautam.

Crypto / Digital Assets

India’s GIFT City Set to Launch Market for Tokenised Assets

By Ajoy K Das | 18/12/2023

GIFT City’s first regulated trading platform for tokenised commercial real estate assets is expected to launch in January 2024.

Market Infrastructure

India’s NSE Lists First Entity on New Social Stock Exchange

By Ajoy K Das | 18/12/2023

NSE’s social stock exchange enables direct listings from NPOs and other social enterprises, enabling them to raise financing with increased transparency.

Securities / Derivatives

IOSCO Issues Recommendations on Accounting for Goodwill

By Ranamita Chakraborty | 18/12/2023

The seven recommendations aim to improve the reliability, faithful representation and transparency of goodwill disclosed in financial statements.

Securities / Derivatives

CSRC Calls for Higher Dividends, Share Buybacks by Listed Companies

By Editors | 18/12/2023

Listed companies are asked to increase the frequency and amounts of their dividend payouts, and to boost share buybacks to “safeguard company value”.

Securities / Derivatives

MAS’ Tighter Hiring Norms to Result in Better Compliance

By Nithya Subramanian | 18/12/2023

The updated guidelines for senior appointments in CMS licensed firms will improve corporate governance and ensure better board accountability.