Securities / Derivatives

Market Infrastructure

CME, DTCC Receive Approval for Cross-Margining Arrangement

By Editors | 13/09/2023

The arrangement will enable capital efficiencies for clearing members that trade and clear both US Treasury securities and CME Group interest rate futures.

Securities / Derivatives

CSRC Expands Scope of Assets Allowed in Infrastructure REITs

By Editors | 13/09/2023

Infrastructure REITs can include “consumer infrastructure” assets – including department stores, shopping malls, and farmers’ markets.

Enforcement

Taiwan FSC Fines Fubon and Prudential Units for Misconduct by Employees

By Editors | 13/09/2023

Two Fubon employees and one Prudential employee mirrored the trades of the funds they were managing, using third-party accounts.

Securities / Derivatives

NSE India Granted Approval for Crude Oil, NatGas Options

By Editors | 12/09/2023

NSE India already launched rupee-denominated WTI crude oil and natural gas futures contracts in May 2023. The new options contracts will launch on 23 October.

Enforcement

SFC Revokes Fund Manager Licence, Suspends Manager-In-Charge

By Sanday Chongo Kabange | 12/09/2023

Axial Capital Management failed to maintain its required liquid capital for 19 straight months and to make various filings on time.

ESG / Sustainability

Sri Lanka Revises Corporate Governance Rules for Listed Companies

By Duruthu E Chandrasekera | 12/09/2023

The revisions will help to build investor confidence and better align corporate governance practices in Sri Lanka with international standards.

Securities / Derivatives

Singapore Exchange Reorganises Capital Markets Business Units

By Editors | 12/09/2023

The debt capital market and corporate client coverage units have been folded into SGX’s equity capital markets division.

Capital / Liquidity

China Eases Stock Market Investment Rules for Insurers

By Editors | 11/09/2023

The rule changes are aimed at guiding insurers to support the development of the capital market as well as technology innovation.

Crypto / Digital Assets

Hong Kong SFC Approves City’s First Real Estate STO

By Editors | 11/09/2023

Tykhe Capital Group will launch “Prince Token”, available only to professional investors. Subject to regulatory approval, the token will list on HKbitEX.