Securities / Derivatives

Market Infrastructure

DTCC Kicks Off T+1 Settlement Testing Programme

By Editors | 15/08/2023

The testing programme was designed to support full end-to-end testing of the various processes impacted by the T+1 functional changes.

Enforcement

UBS Settles RMBS-related Misconduct Lawsuit for Over $1.4b

By Editors | 15/08/2023

The settlement brings the total amount of civil penalties paid by firms for failed RMBS leading up to the 2008 financial crisis to over USD 36 billion.

Securities / Derivatives

SEBI Reduces Investor Exit Window for AMC Change in Control

By Editors | 14/08/2023

The exit option window period is reduced from 30 to 15 calendar days after a change in control of the AMC is announced.

Securities / Derivatives

New Rules Could Force a Third of China’s Hedge Funds to Close

By Editors | 14/08/2023

Almost 35,000 hedge fund products in China will fall under the new CNY 10 million minimum asset requirement set to take effect in September.

Crypto / Digital Assets

MUFG, NTT Data Announce Partnership on Digital Corporate Bonds

By Editors | 14/08/2023

NTT Data will connect its corporate bond issuance infrastructure directly to MUFG’s Progmat platform for issuing security tokens.

Securities / Derivatives

FSC Korea Specifies New Rules Under Revised Asset Securitisation Act

By Editors | 14/08/2023

The FSC more companies to be able to smoothly raise funds through asset securitisation once the Act and its subordinate statutes take effect on 12 January 2024.

Securities / Derivatives

Shanghai INE to Launch New Container Freight Index Futures Contract

By Editors | 14/08/2023

Shanghai International Energy Exchange is launching the new futures contract to help firms hedge against fluctuations in container freight prices.

Securities / Derivatives

China Amends Index Fund Rules to Support ‘Technological Self-reliance’

By Editors | 14/08/2023

An index must only be in operation for three months before it can be used in the development of a fund product, compared to six months previously.

Big Picture

Inside ASIC’s Derivatives Reporting Rule Rewrite

By Manesh Samtani | 14/08/2023

ASIC’s Alex Orgaz-Barnier and DTCC’s Priya Kundamal spoke to Regulation Asia about the changes to the derivative transaction reporting regime in Australia.