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Securities / Derivatives
China to Provide Guarantees on Private Enterprise Bonds
By Editors | 15/09/2023
China Securities Finance indicated it would work to provide more credit enhancement support to private enterprises to support bond financing.

Capital / Liquidity
RBI Revises Norms for Banks’ Investment Portfolios
By Manesh Samtani | 15/09/2023
The RBI said the revisions will enhance the quality of financial reporting, bolster the corporate bond market, and strengthen bank risk management.

Securities / Derivatives
CFTC Extends No-Action Letter for TAIFEX Swaps Clearing
By Editors | 14/09/2023
The six month extension allows US persons to continue clearing swaps on TAIFEX for proprietary trades while a formal CFTC exemption is pending.

Market Infrastructure
NZX Consults On Introduction of Exchange-delivered Dark Pool
By Sanday Chongo Kabange | 14/09/2023
‘NZX Dark’ will provide an alternative venue for investors to execute large transactions with anonymity and price improvement.

Securities / Derivatives
Sri Lanka SEC Approves New Listing Rules for SOEs
By Duruthu E Chandrasekera | 14/09/2023
A new transitionary board will be set up, allowing SOEs to list and progressively transition to a listing on one of the CSE’s existing boards.

ESG / Sustainability
Singapore Launches Largest Ever Equity ETF to Drive Climate Action
By Editors | 14/09/2023
The SGX-listed fund is managed by BlackRock and anchored by Prudential, with additional backing from investors that include Temasek and Singlife.

Securities / Derivatives
Industry Bodies Call on SEC to Reassess Custody Rule Proposal
By Editors | 14/09/2023
A letter from 26 trade associations calls on the SEC to re-evaluate the costs and economic impacts of its custody rule proposal.

Fintech / Regtech
US SEC Grants Nasdaq Approval to Launch AI-Powered Order Type
By Sanday Chongo Kabange | 14/09/2023
The order type enhances liquidity, execution quality improvement outcomes, and fill rates by adjusting dynamically to real-time market conditions.

Securities / Derivatives
SEBI Allows REIT, InvIT Unitholders to Nominate Board Members
By Editors | 13/09/2023
REIT and InvIT unitholders holding more than 10 percent of the units can nominate board members.

Enforcement
US SEC Charges Virtu For Not Protecting Confidential Customer Data
By Manesh Samtani | 13/09/2023
Virtu describes the lawsuit as retaliation for the company’s public criticism of the SEC’s market structure rule proposals.
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