The proposed rules sets requirements on disclosure content and format to ensure the effectiveness and readability of information disclosures SMEs on the BSE.
Financial disclosures filed by senior Fed officials showed multiple stock trades in 2020 worth millions of dollars, raising concerns over conflicts of interest.
The designated market makers were selected based on several criteria, including their Hong Kong bond market activities and their counterparty networks with Mainland FIs.
The group will enhance coordination between the central and local government agencies to better enforce against and punish capital markets misconduct.
Sri Lankan companies will be allowed to raise debt and equity in foreign currency on the Colombo Stock Exchange. A new benchmark index is also being launched.
A SPAC has to raise at least HKD 1 billion from its initial offering. Subscription and trading will be restricted to professional investors.
SIX Digital Exchange is approved to act as a CSD and its associated company SDX Trading to act as a stock exchange.
MAS and SGX will increase support for high-growth companies seeking to list in Singapore. Temasek and EDB Investments will set up funds to facilitate fundraising.
Only investors with experience and knowledge of investment products and a high level of assets can invest in primary and secondary markets for SMEs.
The guidelines will take effect on 30 September, except for the new cross-border correspondent relationships requirements, which take effect six months later.
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