SECURITIES / DERIVATIVES

Enforcement

Shanghai Chipmaker Barred from Launching IPO for 5yrs

By Editors | 12/06/2024

The company, already penalised for inflating its 2020 profits, is now barred from listing its shares for five years.

Securities / Derivatives

SEBI Launches Free Programme to Boost Investor Education

By Ajoy K Das | 12/06/2024

The investor certification examination aims to enhance digital financial education about investing in the Indian securities market.

ESG / Sustainability

Japan Carbon Market Study Group Holds First Meeting

By Editors | 12/06/2024

Discussions centred around ensuring certification organisations are reliable and whether IOSCO’s recommendations should be adopted.

Securities / Derivatives

New Zealand FMA Proposes New Rules for Derivatives Issuers

By Sanday Chongo Kabange | 12/06/2024

The FMA proposes to limit the amount of leverage that derivative issuers can offer, and to require them to conduct suitability checks.

Securities / Derivatives

China: Stock Exchanges Issue New Programme Trading Rules

By Mark Johnston | 12/06/2024

HFT will be subject to differentiated fees based on indicators such as the number and frequency of orders submitted and withdrawn.

Securities / Derivatives

SEBI Proposes to Relax Mutual Fund Rules on Trading CDS

By Ajoy K Das | 11/06/2024

SEBI proposes to allow mutual funds to buy and sell credit default swaps up to 10 percent of their assets under management.

Fintech / Regtech

Korea: Short Selling Monitoring System To Be Ready in March 2025

By Sanday Chongo Kabange | 11/06/2024

South Korea’s ban on short selling can only be lifted after the new Naked Short Selling Detection System is in place.

Securities / Derivatives

RBI Relaxes Rules on Investment in Overseas Funds

By Ajoy K Das | 11/06/2024

The amendments allow investment in funds whose managers are regulated, rather than the fund itself, such as in Singapore and the US.

Enforcement

Former AllianzGI Fund Manager Pleads Guilty to Fraud

By Editors | 10/06/2024

Gregoire Tournant admitted to providing deceptive information to investors in AllianzGI’s now-defunct Structured Alpha funds.