ADVERTISEMENT
Securities / Derivatives
RBI Permit Banks to Offer Non-deliverable FX Derivatives to Resident Indians
By Editors | 08/06/2023
HSBC India executed its first non-deliverable FX derivative transaction with Reliance Industries just a day after the RBI’s policy change.
ESG / Sustainability
Japan to Set Gender Diversity Target for TSE Prime Market
By Ranamita Chakraborty | 07/06/2023
TSE Prime Market companies will have to have at least one woman board member by 2025, and reach a 30 percent target by 2030.
Market Infrastructure
OSTTRA Completes First Multilateral Conversions of SOR Currency Swaps
By Editors | 07/06/2023
DBS, OCBC and UOB participated in OSTTRA’s first multilateral conversion of USD/SGD swaps from SOR to SORA.
Market Infrastructure
CME Group Sees Opportunities in China Derivatives Market
By Manesh Samtani | 07/06/2023
CME Group’s Russell Beattie said meetings with Chinese exchanges, regulators and brokerage firms were “overwhelmingly positive”.
Market Infrastructure
Korea Approves Bill to Abolish Foreign Investor Registration System
By Sanday Chongo Kabange | 07/06/2023
The abolishment of the cumbersome registration system after 30 years is expected to boost foreign investment in Korean markets.
ESG / Sustainability
Malaysia Launches New Accreditation Programme for Directors
By Ranamita Chakraborty | 07/06/2023
Existing directors will have 24 months to complete the new sustainability-focused accreditation programme.
Capital / Liquidity
SFC Imposes Lifetime Ban on Director of Licensed Firms
By Sanday Chongo Kabange | 07/06/2023
A director for two licensed firms was banned for life over failures to maintain sufficient liquid capital, and for lying to the SFC.
Market Infrastructure
HKEX Permits 21 Firms to List RMB Share Counters
By Sanday Chongo Kabange | 07/06/2023
Nine market markers are permitted to conduct market making or liquidity providing activities in dual counter securities starting 19 June.
Securities / Derivatives
Philippines to Launch First Sovereign Wealth Fund by Year-end
By Editors | 07/06/2023
The Maharlika Investment Fund will be created by the end of this year, after the required legislation was passed by Congress last week.
Crypto / Digital Assets
Cboe Granted Approval to Clear Margined Crypto Futures
By Sanday Chongo Kabange | 07/06/2023
To date, Cboe has offered trading and clearing of Bitcoin and Ether futures only on a fully collateralised basis.
JOIN OUR NEWSLETTER
A daily selection of top stories from the Regulation Asia editorial team