Markets & Infrastructure

Structural Regulation

Korea Exchange Considers Japan-Style Market Restructuring

By Editors | 25/07/2024

A restructuring would minimise overlaps between the KOSPI and KOSDAQ markets. The role of the KONEX market will also be reconsidered.

Trading & Investment

Tokyo Bourse to Explore Smaller Investment Units for Stock Market

By Sanday Chongo Kabange | 25/07/2024

The TSE has established a study group that will explore measures to make it easier for individual investors to participate in the stock market.

Trading & Investment

Shanghai Bourse Launches First Benchmark Tracking ‘Marine Economy’

By Sanday Chongo Kabange | 25/07/2024

The China Marine Economy Stock Price Index tracks 213 companies marine-related companies listed in Shanghai, Shenzhen, Beijing and Hong Kong.

Alternative Markets

ASIC Establishes Special Unit to Examine Valuations in Private Markets

By Ranamita Chakraborty | 25/07/2024

The dedicated unit will address transparency concerns in private markets, aiming to ensure fair practices and investor protection.

Structural Regulation

Australia Consults on Draft Legislation to Reform Merger Rules

By Sanday Chongo Kabange | 25/07/2024

Treasurer Jim Chalmers said the reforms will make Australia’s merger approval system faster, stronger, simpler, more targeted and more transparent.

Cryptocurrency

Korea FSS Scrutinises Deposit Rates Paid by Crypto Exchanges

By Editors | 25/07/2024

The FSS determined that Bithumb’s proposal to pay 4 percent per annum on customer deposits was unreasonably high and did not comply with supervisory regulations.

Supervision & Enforcement

MAS Cancels Insurance Broker’s Registration for Regulatory Breaches

By Nithya Subramanian | 25/07/2024

Acesynergy Brokers failed to comply with applicable regulatory requirements, registration conditions, and written directions from MAS.

Trading & Investment

India Hikes Taxes on Equity Investment Gains, Derivatives Trades

By Ajoy K Das | 25/07/2024

The national budget increases capital gains tax for equity investments and the transaction tax for futures and options. The tax on long term bond gains was reduced.

Payments & Settlements

Philippines Launches Automated Intraday Settlement Facility

By Sanday Chongo Kabange | 24/07/2024

The facility will provide liquidity to ensure payments flow smoothly through the RTGS system, known as PhilPaSSplus.