SECURITIES / DERIVATIVES

Securities / Derivatives

SEBI Allows Mutual Funds to Resume Overseas Investing

By Editors | 21/06/2022

In February, SEBI advised mutual funds to halt further investments in foreign stocks to avoid breaching industry-wide regulatory limits.

Market Infrastructure

LCH Extends Central Clearing for SORA Derivatives to 31 Years

By Editors | 21/06/2022

The extension will encourage further development of the SORA derivatives market and deepen liquidity in longer tenors of SORA OIS.

Securities / Derivatives

LME to Introduce New Reporting Requirements on 18 July

By Editors | 20/06/2022

A lack of transparency in OTC positions was a key reason the LME struggled to manage the turbulent nickel trading earlier this year.

Securities / Derivatives

Thai SEC Directs Listcos to Exercise Prudence in Crypto Business

By Editors | 20/06/2022

Circulars were sent to listed companies regarding digital assets. The SEC’s final advertising rules will take effect on 16 July. Huobi has exited the Thai market.

Crypto / Digital Assets

Korea: New FSC, FSS Chiefs to Prioritise Stability, Growth

By Mark Johnston | 20/06/2022

The FSS will be led by former prosecutor Lee Bok-hyun, while the FSC will be led by Kim Joo-hyun, who helped guide Korea through the 2008 crisis.

Securities / Derivatives

RBI Consults on Initial Margin Rules for Uncleared OTC Derivatives

By Manesh Samtani | 20/06/2022

VM rules were proposed in 2020 and will now take effect from 1 December 2022. IM rules are open for comment until 29 July 2022.

Securities / Derivatives

Taiwan Revises Bond Issuance Rules for Financial Groups

By Editors | 20/06/2022

Financial holding companies will be able to issue corporate bonds in batches over up to two years using a single approval granted by the FSC.

Securities / Derivatives

Financial Transaction Taxes Disrupt Securities Markets: ASIFMA

By Editors | 19/06/2022

Financial transaction taxes tend to reduce stock prices, trading volume, liquidity, and overall market attractiveness.

Securities / Derivatives

SEBI Enhances Cybersecurity Requirements for Asset Managers

By Editors | 19/06/2022

A new framework that took effect on 15 July requires AMCs to conduct cyber audits twice a year and report incidents within six hours of detection.