Securities / Derivatives

Enforcement

Adani Shares Recover as SEBI Struggles to Trace Overseas Investors

By Mark Johnston | 24/05/2023

A court-appointed panel says SEBI has been unable to trace the ultimate owners of 13 overseas entities that invested in Adani Group.

Enforcement

Korean Officials Vow to Eradicate Unfair Trading from Capital Market

By Sanday Chongo Kabange | 24/05/2023

Korean officials will seek tougher sanctions and penalties as well as regulatory improvements to the current CFD trading system.

ESG / Sustainability

ELFA, ICMA Offer Practical Guidance on High Yield SLBs

By Mark Johnston | 24/05/2023

The ELFA and ICMA partnered to create guidance for the high yield bond market in line with ICMA’s Sustainability-Linked Bond Principles.

Securities / Derivatives

SEBI Proposes Measures to Reduce Equity Derivatives Volatility

By Ranamita Chakraborty | 23/05/2023

SEBI is seeking comments on proposed measures to strengthen the existing price band formulation for derivative-linked shares.

Enforcement

ASIC Bans Former Gleneagle Fund Manager for Naked Short Selling

By Ranamita Chakraborty | 23/05/2023

The former fund manager of Gleneagle Securities engaged in the naked short selling of shares on 150 occasions, ASIC said.

Market Infrastructure

Singapore, Shanghai Exchanges Sign MoU to Link ETF Markets

By Editors | 23/05/2023

A similar MoU was signed between SGX and SZSE in December 2021 which has led to three cross-market ETF listings.

Fintech / Regtech

ASX Will No Longer Use Blockchain for CHESS Replacement System

By Mark Johnston | 22/05/2023

ASX said the rebuild will need to use “a more conventional technology” and no longer involve blockchain or DLT.

ESG / Sustainability

Indonesia Becomes First Asian Sovereign to Sell Blue Bond

By Editors | 22/05/2023

Indonesia sold a JPY 104.8 billion blue bond with four-tranches, less than two years after establishing a framework to do so.

ESG / Sustainability

ACSI Updates Voting Policy to Promote Gender Balance on Boards

By Editors | 22/05/2023

The policy means ASX300 companies could face recommendations ‘against’ male director re-elections if women do not occupy a minimum of 30% of board seats.