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AML / KYC
India Gives Offshore Funds Time to Disclose Investors
By Mark Johnston | 26/01/2024
SEBI is reportedly allowing offshore funds seven months to disclose the identities of their investors before they are forced to liquidate their holdings.

Securities / Derivatives
KOFIA to Draw Up Measures to Resolve ‘Korea Discount’
By Sanday Chongo Kabange | 25/01/2024
Measures include inducing listed companies to improve their dividend payout ratios and enhance investment returns for shareholders.

Market Infrastructure
BGC Group Wins CFTC Approval to Challenge CME Dominance
By Mark Johnston | 25/01/2024
BGC Group won approval to operate an exchange for US Treasury and SOFR futures and deliver competition across the CME’s US interest rate complex.

Securities / Derivatives
SEBI to Allow Stock Exchange Mechanism for Share Sales to Employees
By Ajoy K Das | 25/01/2024
The new framework for OFS transactions to company employees is expected to cut costs and time of issuance.

Securities / Derivatives
India Permits Direct Listings at GIFT City Exchanges
By Ajoy K Das | 25/01/2024
Indian companies will be able to list on India INX and NSE International Exchange, according to a notification from the government.

Securities / Derivatives
$3.6b of Investments in AIFs Circumvent Regulations: SEBI
By Ajoy K Das | 25/01/2024
The regulator has issued a consultation paper on proposals to enhance trust in AIFs and facilitate ease of doing business.

Securities / Derivatives
FSC Korea Unveils Plan to Enhance Convertible Bond Market
By Mark Johnston | 24/01/2024
The plan includes measures to strengthen investigation and enforcement of unfair trading activities involving convertible bonds.

Crypto / Digital Assets
Value Partners, VSFG Partnering to Launch Spot Bitcoin ETF
By Editors | 24/01/2024
Value Partners Hong Kong and Venture Smart Financial Holdings have signed an MoU to collaborate on the launch of a spot Bitcoin ETF in Hong Kong this year.

Securities / Derivatives
US SEC Adopts Rules to Enhance Protections for SPAC Investors
By Editors | 24/01/2024
The new rules will help address information asymmetries, misleading information, and conflicts of interest in SPAC and de-SPAC transactions.

Securities / Derivatives
China Announces RRR Cut, Other Measures to Boost Stock Market
By Manesh Samtani | 24/01/2024
Besides the 50bp RRR cut for banks, regulators pledged to bolster investment returns and incentivise SOEs to improve share price performance.
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