SECURITIES / DERIVATIVES

Securities / Derivatives

BSP Amends Rules for Banks on Equity Divestments

By Sanday Chongo Kabange | 21/08/2024

The amended rules clarify expectations for banks to divest equity investments that are prohibited under applicable laws and regulations.

Securities / Derivatives

Korea’s FSS Warns Bond Investors of Interest Rate Risks

By Nithya Subramanian | 21/08/2024

The FSS warned investors that interest rate fluctuations, bond maturity and changes in the issuer’s credit status could result in losses.

ESG / Sustainability

Singapore Financial Industry Bodies Sign MOU on Skills Development

By Editors | 21/08/2024

Seven associations including IMAS and ABS signed an MOU with IBF and NTUC to promote the adoption of Financial Sector Job Transformation Maps.

Securities / Derivatives

SEBI to Expand Scope of Sustainable Finance Framework

By Ajoy K Das | 21/08/2024

A new category of financial instruments, ‘ESG Debt Securities’, will comprise green bonds, social bonds, sustainable bonds and SLBs.

Market Infrastructure

Stock Connect’s 2nd Phase of Market Data Changes Now in Effect

By Sanday Chongo Kabange | 20/08/2024

The changes may lower volatility and help stabilise the A-share market, but may also lower the market’s appeal to some foreign investors.

Enforcement

China Issues Guidelines on Prosecutions in Financial Fraud Cases

By Editors | 20/08/2024

Organisations and individuals that provide a “one-stop financial fraud service” to companies or enterprises will be “severely punished”.

Securities / Derivatives

SEBI Proposes Liquidity Window Facility for Debt Securities

By Ajoy K Das | 20/08/2024

The facility would allow issuers to provide put options to investors, enabling them to sell their debt securities back to the issuer before maturity.

Securities / Derivatives

RBI Issues Recognition Framework for Financial Market SROs

By Ajoy K Das | 20/08/2024

SROs would be expected to “be an ally” to the RBI in ensuring better compliance with regulatory guidelines and for detection of early warning signals.

Enforcement

SFC Lifts Suspension of Changjiang Corporate Finance

By Sanday Chongo Kabange | 20/08/2024

The SFC said it is satisfied that Changjiang’s sponsor business now has adequate systems, controls, policies and procedures to enable compliance.