Securities & Trading

False, misleading or fraudulent listing, restructuring documents or other disclosures including annual reports will trigger the delisting mechanism.

Foreign Portfolio Investors should not be Indian residents, non-resident Indians or overseas citizens of India; must be from AML/CTF compliant jurisdictions.

MAS and CAD will consolidation investigative resources and expertise for all capital market and financial advisory offences, effective 17 March.

Move follows MAS consultation on moving all OTC derivatives contracts onto organised markets.

Cryptocurrencies will be classified as assets and regulated by SEC; capital gains from trading to be taxed at 10 percent.

Foreign financial institutions would be able to own 51% of a mainland securities firm, with all ownership restrictions to be removed in three years’ time.

Indian regulator says looser investment rules could encourage ‘round-tripping’ of funds by domestic investors, concerned about source of funds.

Hi Chi Minh Stock Exchange to launch covered warrants in late March; issuers required to hold adequate underlying securities and submit daily reports to the exchange.

CSRC mulling allowing innovative voting structures and ease mandatory profitability requirements for participants in biotech, cloud computing and AI.

Seven domestic and foreign companies have so far been granted approval to list Belt and Road bonds on the Shanghai and Shenzhen stock exchanges.