Securities / Derivatives

Securities / Derivatives

Morgan Stanley Wins Approval to Fully Own China Fund Business

By Editors | 07/02/2023

Morgan Stanley Investment Management becomes the 7th foreign firm approved to fully own a domestic mutual fund business.

Securities / Derivatives

SEBI Proposes to Prevent Brokers from Holding Client Funds Overnight

By Editors | 07/02/2023

SEBI proposes to require trading and clearing members to move all client funds to clearing corporations at the end of each trading day to prevent broker misuse.

Securities / Derivatives

Hong Kong, Saudi Exchanges to Explore Cross Listings

By Sanday Chongo Kabange | 07/02/2023

A delegation to Saudi Arabia led by Hong Kong chief executive John Lee will try to persuade Aramco to list on HKEX’s market.

AML / KYC

SFC Seeks Early Submission of Data Required Under HKIDR

By Editors | 06/02/2023

Intermediaries are asked to submit their BCAN-CID Mapping Files as soon as possible to ensure sufficient time to verify the data and rectify any errors.

Crypto / Digital Assets

Indonesia OJK Launches Five Year Capital Market Roadmap

By Editors | 06/02/2023

The roadmap has five pillars, each comprising several action plans. Separate rules will be established for digital assets with the characteristics of securities.

ESG / Sustainability

SEC Philippines Drafts Guidance on Sustainability-linked Bonds

By Editors | 06/02/2023

Under the guidelines, the issuer must be an ASEAN Issuer or a non-ASEAN issuer with KPIs linked to an ASEAN member country.

Securities / Derivatives

SEBI Proposes to Allow REITs, InvITs to Issue Depositary Receipts

By Editors | 06/02/2023

SEBI says the move will enable greater participation by foreign investors in domestic REITs and InvITs.

ESG / Sustainability

Japan Leads in ESG Governance but Pliant Rules a Letdown

By Hazel Ilango | 06/02/2023

While Japan’s code of conduct represents a key step forward, the “comply or explain” approach may hinder its effectiveness, writes the IEEFA’s Hazel James Ilango.

Uncategorised

Indian Regulators Respond to Adani Group Stock Selloff

By Editors | 06/02/2023

SEBI said the market continues to function effectively. The RBI said the banking sector remains resilient and stable. Adani companies have meanwhile lost $110mn in market cap.