Securities / Derivatives

Enforcement

BSEC Forms Committee to Investigate Stock Market Rumours

By Mark Johnston | 24/08/2023

Recent rumours have involved the removal of the floor price, the resignation of BSEC’s chairman, and institutional investor sell-offs.

Enforcement

UK Energy Regulator Fines Morgan Stanley Over WhatsApp Use

By Editors | 24/08/2023

This is the first-ever fine issued in the UK for failures to record and retain electronic communications relating to energy market trades.

Capital / Liquidity

CPMI-IOSCO Takes Stock of CCP Practices for Addressing Non-default Losses

By Editors | 24/08/2023

CPMI and IOSCO intend to publicly consult on further guidance for CCPs on addressing NDLs arising from scenarios like system outages and cyber attacks.

Securities / Derivatives

SEC Adopts New Rules for Private Fund Advisers

By Editors | 24/08/2023

The new rules will help promote greater competition and thereby efficiency, said SEC chair Gary Gensler.

Market Infrastructure

China Announces Tax Incentives to Support Capital Market

By Editors | 24/08/2023

The tax benefits are applicable to depositary receipts, commodity futures, Stock Connect, the MRF programme, equity incentives and VC firms.

Securities / Derivatives

Beijing Exchange Optimises Stock Issuance and Listing Process

By Editors | 23/08/2023

The BSE said the improvements will reduce the overall time spent on pricing, issuance and listing from 13 trading days to just 10 trading days.

Securities / Derivatives

SEBI Enhances Governance Norms for REITs, InvITs

By Mark Johnston | 23/08/2023

Investors with at least 10% of a REIT’s units can nominate directors. The amendments also introduce the concept of self-sponsored REITs.

Securities / Derivatives

TWSE Loosens Rules for New Innovation Board

By Editors | 23/08/2023

Stocks on the Taiwan Innovation Board will be allowed to be used to obtain margin loans and in securities lending transactions.

Securities / Derivatives

TWSE Launches New Platform to Promote ETF Market

By Editors | 23/08/2023

The so-called ‘ETFortune’ platform provides investors with information about the ETF market and allows them to screen funds based on investment strategy.