SECURITIES / DERIVATIVES

ESG / Sustainability

SEBI Proposes New Requirements for ESG Funds in India

By Manesh Samtani | 27/10/2021

ESG-labelled funds will have to invest at least 80% of total assets in ESG themed securities, and disclose measures taken to mitigate greenwashing risks and reliance on third party scores.

Market Infrastructure

Deutsche Bank Launches FX Trading Infrastructure in Singapore

By Editors | 27/10/2021

The launch is in line with a MAS objective to develop Singapore into a regional FX trading hub. RBC Capital Markets and Nomura also plan similar launches later this year.

Capital / Liquidity

International Standard Setters Launch Review into Margin Practices

By Editors | 26/10/2021

While centrally cleared and non-centrally cleared markets faced similar levels of volatility in March and April 2020, IM requirements increased significantly only for centrally cleared derivatives.

Securities / Derivatives

Taiwan to Relax Share Issuance Rules for Listed Companies

By Editors | 26/10/2021

The changes would allow listed companies to file an application covering multiple issuances of new shares within a two-year period.

Market Infrastructure

US SEC Publishes Findings from Meme Stock Review

By Editors | 26/10/2021

SEC staff concluded that US markets functioned well and dislocations caused by short-selling were not the main cause of the extreme volatility in GameStop.

Securities / Derivatives

HKMA Amends Requirements on Share Margin Financing

By Sanday Chongo Kabange | 25/10/2021

The HKMA says continued enforcement of the requirement to observe market norms in the setting of maximum LTV ratios is no longer appropriate.

Market Infrastructure

Global Fund Association Calls on SEBI to Delay T+1 Implementation

By Editors | 25/10/2021

To support T+1 settlement, FPIs and their service providers would need to completely re-engineer the settlement and funding process, ICI says in a letter to SEBI.

Big Picture

Asian Asset Owners to Accelerate ESG Ambitions

By ESG Investor | 24/10/2021

ESG investing is still nascent, but asset owners are expecting greater pressure to disclose and improve ESG practices.

Securities / Derivatives

US Fed to Bar Officials from Buying Individual Stocks, Bonds

By Editors | 23/10/2021

Fed policymakers and senior staff will be limited to purchasing diversified investment vehicles, such as mutual funds.