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Crypto / Digital Assets
SFC Awards Licences to HK Unit of Swiss Crypto Bank, SEBA
By Manesh Samtani | 08/11/2023
The licences allow SEBA Hong Kong to deal in, advise on, and conduct asset management for traditional securities and virtual assets.

Market Infrastructure
SEBI Working on Allowing Instant Settlement in Equities Trading
By Ajoy K Das | 07/11/2023
SEBI is exploring instant settlement in a “non-disruptive manner” and will only introduce it after all concerns are addressed, an official said.

Capital / Liquidity
CSRC Proposes to Relax Capital Rules for Securities Firms
By Editors | 07/11/2023
The proposal adjusts the way securities firms calculate risk weightings, effectively reducing their capital requirements and allowing them to deploy more funds into the capital market.

Securities / Derivatives
Some Issuers Were Overcharged for Annual Listing Fees: HKEX
By Sanday Chongo Kabange | 07/11/2023
HKEX is contacting issuers that were overcharged to arrange refunds. It does not plan to claim back any of the undercharged fees.

Securities / Derivatives
India AMCs Get New Guidance on Display of Returns
By Ajoy K Das | 07/11/2023
The new guidelines are a response to concerns from SEBI that some AMCs have been engaging in misleading advertising.

Securities / Derivatives
CFTC to Allow Brokers Greater Flexibility to Invest Client Funds
By Editors | 06/11/2023
FCMs and DCOs will be able to invest client funds in foreign sovereign debt and certain short-term US Treasury ETFs.

Securities / Derivatives
Korea Reimposes Short Selling Ban to Combat Unfair Trades
By Manesh Samtani | 06/11/2023
The government will ban short selling until end June 2024 and work on improving the short selling system, said FSC chairman Kim Joo-hyun.

Securities / Derivatives
Philippine Stock Exchange Debuts Short Selling – Report
By Editors | 06/11/2023
A total of 52 stocks and one ETF are available for short-selling. The PSE first proposed to allow short-selling in 1996.

Capital / Liquidity
FSOC Revamps Oversight Framework for Non-Bank Sector
By Editors | 06/11/2023
The changes will make it easier for the FSOC to designate a non-bank as systemically importance, and speed up its ability to respond to risks.

ESG / Sustainability
HKEX Postpones Enhancements to Climate Disclosure Framework
By Editors | 06/11/2023
HKEX said it intends for its requirements to take into account the ISSB adoption guide, which won’t be finalised until year-end.
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