Securities / Derivatives

Securities / Derivatives

SEBI Approves Rule Changes to Lower Burden on Listed Companies

By Ajoy K Das | 20/03/2024

Companies will no longer have to maintain a 1% security deposit for public or rights issues of equity shares. They will also have more time to fill KMP vacancies.

Securities / Derivatives

Japan FSA Sends Bill to Parliament to Boost Capital Market

By Editors | 19/03/2024

The bill will enable asset managers to outsource middle and back office operations and facilitate the development of a market for unlisted securities.

Enforcement

CSRC to Impose Fine and Lifetime Ban on Evergrande Founder

By Editors | 19/03/2024

The company’s flagship unit, Hengda Real Estate, will also pay a CNY 4.2 billion penalty for inflating revenues and defrauding investors.

Securities / Derivatives

Bursa Malaysia Launches New Soybean Oil Futures Contract

By Ranamita Chakraborty | 19/03/2024

Bursa Malaysia is the first exchange outside of China licensed to use commodity futures settlement prices from the Dalian Commodity Exchange.

Enforcement

China’s Didi Required to Face Investor Lawsuit Over 2021 IPO

By Editors | 19/03/2024

Besides allowing the investor lawsuit to proceed against Didi, the US court also refused to dismiss claims against banks that helped the company go public.

Securities / Derivatives

Taiwan FSC Conducting Inspections at ETF Issuers – Report

By Editors | 18/03/2024

One of the areas the FSC is scrutinising is the use of online influencers by fund houses to promote their products.

Enforcement

China: Police Take “Criminal Coercive Measures” Against Zhongzhi Execs

By Mark Johnston | 18/03/2024

A criminal probe against Zhonzhi  was launched in November 2023 after the company, which controls several asset and wealth management firms, said it was “severely insolvent”.

Enforcement

FSC Korea to Take Hana CEO DLF Case to Supreme Court

By Editors | 18/03/2024

The FSC has decided to appeal a High Court ruling that nullified a reprimand warning imposed on Hana Financial Group CEO Ham Young-joo in 2020.

Enforcement

CSRC Unveils New Policies for Boosting Stock Market Quality

By Manesh Samtani | 18/03/2024

The policies tighten the rules for IPO applicants, increase oversight of listed companies, and impose obligations on brokers and investment banks.