SECURITIES / DERIVATIVES

Securities / Derivatives

Japan FSA Seeks to Make NISA Programme Permanent

By Editors | 31/08/2022

NISA is a programme for small investments that offers time-based exemptions from capital gains and dividend tax.

Enforcement

China Merchants Securities Probe Prompts 23 IPO Halts

By Editors | 31/08/2022

China Merchants Securities is under investigation for violations in 2014, prompting suspensions of 23 IPOs it is sponsoring.

Market Infrastructure

IBA Consults on Cessation of USD LIBOR ICE Swap Rate

By Editors | 31/08/2022

USD SOFR ICE Swap Rate settings are available for the same tenors for use as a benchmark in financial contracts and instruments.

Crypto / Digital Assets

CME Group Launches Bitcoin, Ether Futures in Euro

By Editors | 31/08/2022

CME says the new contracts will provide institutional investors precise tools to trade and hedge their crypto exposures.

Securities / Derivatives

SEBI Enhances Disclosure Rules for Credit Rating Agencies

By Editors | 31/08/2022

The changes will enhance the transparency and usability of disclosures made by CRAs, SEBI said.

Market Infrastructure

Singapore Industry Group Launches New Funds Settlement Utility

By Editors | 31/08/2022

The utility will reduce manual steps, centralise processing, and facilitate reconciliation, thereby reducing settlement time and improving efficiency.

Securities / Derivatives

China to Reintroduce Approval System for Offshore Debt Issuance

By Editors | 31/08/2022

The NDRC is reverting to its pre-2015 approval-based system for companies looking to issue offshore debt with a maturity longer than one year.

Sanctions

MOEX Set to Start Listing ‘Replacement Bonds’ – Report

By Editors | 31/08/2022

Replacement bonds are intended to help Russian companies replace Eurobond issuances that are no longer serviceable due to sanctions.

Securities / Derivatives

Sri Lanka Launches Third Phase of Capital Market Digitisation

By Duruthu E Chandrasekera | 30/08/2022

SEC chairman Viraj Dayaratna said the CSE will introduce new products, including paper gold, SPACs, Islamic products, structured warrants and green bonds.