Securities / Derivatives

Securities / Derivatives

Low AUM, High Risk-based Capital Rules to Disrupt Funds Industry

By Nithya Subramanian | 28/11/2023

As MAS plans to repeal the RFMC regime, players said that consolidation and dropouts are expected to impact the industry.

Securities / Derivatives

SEBI to Introduce Regulatory Framework for Index Providers

By Ajoy K Das | 28/11/2023

SEBI approved a number of proposals at its board meeting on Saturday, including measures to provide NPOs greater fund raising flexibility.

AML / KYC

India’s IFSCA Proposes Accredited Investor Framework for GIFT City

By Ajoy K Das | 28/11/2023

Minimum investment thresholds applicable to venture capital schemes, restricted schemes, and portfolio management services would not apply to accredited investors.

Securities / Derivatives

ASX Announces Decision to Wind Down mFund Platform

By Editors | 28/11/2023

ASX said it received feedback that self-directed and advised investors were unlikely to adopt mFund to the same extent that they adopt exchange traded products.

Securities / Derivatives

CSRC Approves First Three Consumption-related REITs

By Editors | 27/11/2023

The new approvals come after the CSRC unveiled measures in March this year to foster the issuance of new REIT products.

Enforcement

Chinese Police Launch Criminal Probe into Zhongzhi Group

By Mark Johnston | 27/11/2023

The announcement came just days after Zhongzhi, one of the largest conglomerates in China’s shadow finance sector, said it was insolvent.

Enforcement

Korean Regulator Probes Sales of High Risk Derivatives

By Editors | 27/11/2023

Korean banks and brokerage firms sold equity-linked securities tied to the HSCEI, which has fallen more than 50 percent from its peak in 2021.

Enforcement

CSRC Probes Private Funds Over False Disclosures

By Editors | 27/11/2023

The CSRC said two private funds engaged in a multi-layered investment scheme, with false information disclosure and possible criminal behavior.

Securities / Derivatives

HKEX Allows Indonesian Companies to Apply for Secondary Listings

By Editors | 27/11/2023

The inclusion of IDX on HKEX’s list of Recognised Stock Exchanges allows Indonesian companies to apply for a secondary listing in Hong Kong.