Securities / Derivatives

Enforcement

Asset Manager H2O Avoids UK Fine by Agreeing to Repay Investors

By Editors | 09/08/2024

The FCA decided not to impose a fine despite “extremely serious” regulatory breaches that resulted in investors being trapped in funds since 2020.

Securities / Derivatives

SEBI to Revamp Rules for Investment Advisors, Research Analysts

By Ajoy K Das | 08/08/2024

Eligibility requirements for registration are being relaxed. Additional disclosure will be required for IAs/RAs that use AI tools.

Securities / Derivatives

RBI Asks Banks to Refrain from Large Bets Against Rupee – Report

By Ajoy K Das | 08/08/2024

RBI officials asked banks to “consider the existing position size the risk limit”, indicating it did not want them to add to existing bets against the rupee.

Securities / Derivatives

PBOC Requests Daily Reports from FIs on Bond Holdings

By Editors | 08/08/2024

NAFMII has also launched a probe against four rural commercial banks over suspected manipulation in the treasury bond market.

Crypto / Digital Assets

US Court Orders Ripple to Pay $125m for Securities Law Violations

By Manesh Samtani | 08/08/2024

The order ends years-long litigation brought by the US SEC in December 2020. CEO Brad Garlinghouse said the ruling is a “victory”.

Market Infrastructure

Vietnam, Singapore Agree to Boost Stock Exchange Cooperation

By Nithya Subramanian | 08/08/2024

The Vietnam Stock Exchange and Singapore Exchange will work together to develop products and boost stock and derivatives listings.

Securities / Derivatives

SEBI Proposes Stricter Rules for Offshore Derivatives Issuance

By Ajoy K Das | 08/08/2024

Issuers will be required to maintain a separate dedicated FPI registration and prohibited from using Indian derivatives as the underlying.

Securities / Derivatives

SEBI Imposes New Obligations on AMCs to Address Market Abuse

By Ajoy K Das | 07/08/2024

Fund managers are required to put in place a whistleblower mechanism and enhance their surveillance systems, internal controls and procedures.

Securities / Derivatives

SGX Launches SORA, TONA Futures to Enable More Effective Hedging

By Ranamita Chakraborty | 07/08/2024

SGX says the new futures contracts provide a new tool for hedging interest rate risks and generating capital efficiencies.