SECURITIES / DERIVATIVES

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.

Securities / Derivatives

US SEC Shines Spotlight on Executive Compensation

By ESG Investor | 30/08/2022

US companies will be required to disclose information reflecting the relationship between executive compensation and the financial performance.

Enforcement

Korean Regulators Start Short-selling Inspections at Foreign Firms

By Editors | 30/08/2022

The FSS has launched an inspection of Morgan Stanley’s short-selling practices. Similar inspections at BAML and Goldman Sachs will come next.

Market Infrastructure

US, Chinese Authorities Sign Audit Cooperation Deal

By Manesh Samtani | 29/08/2022

PCAOB inspectors will be on the ground in Hong Kong by mid-September to conduct their inspections of auditors of US-listed Chinese firms.

Securities / Derivatives

ICE to Launch UK Carbon Allowance Options in October

By Editors | 28/08/2022

UK Carbon Options will provide a new tool for managing carbon emissions price risk, building upon the launch of UK carbon allowance futures in May 2021.