Securities / Derivatives

Securities / Derivatives

SEBI Issues New Norms to Boost Appeal of ETFs, Index Funds

By Editors | 29/05/2022

ETF managers must appoint at least two market makers. The minimum subscription amount required for new fund offers has been reduced.

Securities / Derivatives

ASIC Proposes to Extend Retail Ban on Binary Options

By Editors | 29/05/2022

ASIC’s product intervention order is due to expire on 7 October 2022. ASIC proposes to extend it until 1 October 2031.

Securities / Derivatives

Japan FSA Revises Rules on Best Execution Policy

By Editors | 28/05/2022

Securities firms are required to provide customers with easy-to-understand descriptions of their best execution policy.

Securities / Derivatives

SSE Proposes to Increase Transparency of Disciplinary Processes

By Editors | 28/05/2022

The SSE is revising its rules on disciplinary actions, reviews and hearings to enhance transparency, standardisation and efficiency.

ESG / Sustainability

US SEC Funds Proposals Aim to Tackle Greenwashing

By ESG Investor | 27/05/2022

Asset managers will be required to justify their use of ESG labels under new proposals from the SEC.

Fintech / Regtech

ISLA, ICMA Advance Work to Digitise Industry Documentation

By Editors | 27/05/2022

ISLA and Linklaters are working to automate securities lending contract negotation. ICMA is looking to digitise repo documentation.

Securities / Derivatives

WFE Sheds Light on Effectiveness of Circuit Breakers

By Editors | 26/05/2022

The study shows that the circuit breakers triggered during the March 2020 volatility contributed to alleviating financial market pressures.

Securities / Derivatives

SGX RegCo Extends Suspension of Issuer Watch-List Reviews

By Editors | 26/05/2022

The extension will enable issuers time to operate under normal business conditions and recover from Covid-19 related challenges.

AML / KYC

Glencore to Pay $1.5b to Settle Bribery & Manipulation Probes

By Manesh Samtani | 26/05/2022

The civil and criminal penalties and forfeitures will resolve a decade-long scheme to bribe foreign officials in seven countries and an oil price manipulation conspiracy.