Securities / Derivatives

Big Picture

ISLA Warns of Basel III Impacts on Securities Finance Market

By Editors | 13/06/2023

ISLA expresses concerns about the potential adverse impact of Basel III on the global securities lending market.

Enforcement

Japan SESC Seeks Penalties Against Banks That Sold Risky Bonds

By Sanday Chongo Kabange | 12/06/2023

The SESC is asking the FSA to penalised Chiba Bank and its subsidiaries for selling high-risk structured bonds to novice investors.

ESG / Sustainability

WFE Declares Milestone Achievement on Sustainability

By Ranamita Chakraborty | 12/06/2023

For the first time, every exchange surveyed by WFE participated in at least one ESG initiative and engaged in at least one WFE Sustainability Principle.

Securities / Derivatives

CSRC Grants New Fund Manager Licence to Schroders

By Editors | 12/06/2023

Schroders becomes the fourth foreign-owned asset manager to set up businesses in China, after BlackRock, Fidelity Investments, and Neuberger Berman.

Securities / Derivatives

SEBI Permits Mutual Funds Greater Participation in Repo Market

By Mark Johnston | 11/06/2023

Mutual funds can participate in repo transactions involving commercial papers and certificates of deposit.

Securities / Derivatives

CSRC Vows to Crack Down on Stock Market related Misconduct

By Mark Johnston | 11/06/2023

CSRC chairman Yi Huiman said the regulator will strengthen monitoring and supervision of equities trading, including in relation to new practices such as quantitative trading.

Big Picture

Critical Sustainability Reporting Gaps Remain for APAC Firms: Study

By Ranamita Chakraborty | 11/06/2023

A study by PwC Singapore and NUS Business School found that only 51 percent of the top listed companies in 14 APAC markets disclose net-zero targets.

Enforcement

India: Appeals Tribunal Reverses SEBI Licence Cancellation Order

By Editors | 11/06/2023

The Securities Appellate Tribunal said SEBI’s order to cancel the licence of Brickwork Ratings was “unjustified” and “not commensurate” with the alleged violations.

Market Infrastructure

KRX Derivatives to Start Trading 15 Minutes Earlier from 31 July

By Editors | 09/06/2023

Currently, the derivatives market opens at the same time as the stock market, which increases the volatility in the first 15 minutes of trading each day.