SECURITIES / DERIVATIVES

Securities / Derivatives

Bursa Malaysia Proposes to Extend Waqf Framework to REITs, ETFs

By Editors | 20/10/2022

The proposed amendments are meant to complement SC initiatives to broaden the range of Islamic products available in the capital market, Bursa Malaysia says.

ESG / Sustainability

Half of New Zealand Assets Responsibly Managed

By ESG Investor | 19/10/2022

By end 2021, 49% of New Zealand assets were managed through responsible investment strategies, an increase from 43% in 2020.

Securities / Derivatives

Malaysia SC Signs Regional MMoU on Supervisory Cooperation

By Editors | 19/10/2022

Malaysia’s SC now has a cooperative arrangement on supervisory matters with regional counterparts in Australia, Hong Kong, Japan, Singapore and Thailand.

Market Infrastructure

South Korea Scraps Foreigner Tax on Government Bond Income

By Editors | 19/10/2022

The government was planning to waive the tax for non-residents and foreign corporations in January but decided to bring the measure forward.

Securities / Derivatives

CBIRC Approves BNP-AgBank Wealth Management JV

By Editors | 19/10/2022

BNP’s asset management arm will own 51 percent stake in the venture while Agricultural Bank of China’s wealth management unit owns the rest.

Market Infrastructure

CSRC Mulls Measures to Increase Stock Trading by Foreign Firms

By Editors | 18/10/2022

The CSRC is considering relaxing a rule that currently prevents foreign institutions from engaging in short-term trading activity in onshore markets.

Crypto / Digital Assets

Malaysia is Liberalising Funds Industry, Says SC Chairman

By Editors | 18/10/2022

The SC is allowing retail funds to have exposure to digital assets and other alternative assets. Similar plans are intended for wholesale funds.

Securities / Derivatives

CSRC Proposes to Relax Restrictions on Share Buybacks

By Editors | 18/10/2022

The rule changes relax some restrictions on share buybacks, enabling listed companies to better support their stock prices.

Securities / Derivatives

RBI Directs Bank to Reduce Activity in Offshore Rupee Market

By Editors | 18/10/2022

The RBI started allowing local banks to participate in the NDF market in 2020, but their activity is adding further downward pressure on the rupee.