Securities / Derivatives

Market Infrastructure

India Completes Transition to T+1 Settlement Cycle

By Editors | 30/01/2023

The final phase of India’s T+1 transition roadmap covered the country’s largest listed securities, which transitioned to the new settlement cycle on Friday.

Securities / Derivatives

Korea FSC Unveils New Risk Rating System for Investment Products

By Editors | 29/01/2023

Due for implementation in Q4, the new system will apply an industry-wide common standard to investment product risk ratings to improve reliability and comparability for investors.

Enforcement

Korea FSC Issues Guidelines on Employee Personal Trading

By Editors | 29/01/2023

Financial firms should strengthen their internal controls and pre-trade checks to ensure executives and employees are not using “borrowed” accounts for personal trading.

ESG / Sustainability

ESMA Under Pressure on ESG Fund Labelling Rules

By ESG Investor | 27/01/2023

European financial regulator faces up to criticisms of its plans for ESG label rules, with concerns focusing on the EU’s SFDR.

Securities / Derivatives

US SEC to Prohibit Conflicts of Interest in Securitisation Transactions

By Editors | 27/01/2023

The rule, first proposed in 2011 but never finalised, will prohibit firms participating in asset-backed securities from betting against investors in those securities.

Enforcement

Morgan Stanley Fines Staff Over Use of Messaging Platforms

By Editors | 27/01/2023

The penalties ranged from several thousand dollars for some staff to more than USD 1 million for others, cut from past bonuses or future pay.

Capital / Liquidity

RBI Proposed New Securitisation Framework for Stressed Assets

By Editors | 27/01/2023

Banks would be able to sell stressed assets to special purpose entities that issue securitisation notes for investors to buy.

Crypto / Digital Assets

ISDA Launches Standard Definitions for Digital Asset Derivatives

By Editors | 27/01/2023

ISDA says the definitions set clear provisions for execution and settlement and will help to reduce credit and market risk in digital asset trading.

Enforcement

SEBI Targets Front-running in Nationwide Raids

By Editors | 27/01/2023

Individuals would take positions on certain stocks prior to so-called ‘market experts’ going on live television to recommend those same stocks.