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Trading & Investment
SEBI Committee Recommends Measures to Curb Derivatives Trading Volumes
By Ajoy K Das | 11/07/2024
The committee proposes increasing minimum lot sizes and limiting options to address rising speculative trading in derivatives.

Payments & Settlements
Australia, US to Help Boost Correspondent Banking in Pacific
By Manesh Samtani | 11/07/2024
Australia pledged A$6.3mn in funding to help counter the decline in correspondent banking services in the Pacific.

Payments & Settlements
Bangladesh Bank Issues Rules for Digital Payments Platform
By Ajoy K Das | 11/07/2024
The platform supports the use of virtual IDs to protect entities from crimes such as identity theft, extortion and fraud.

Cryptocurrency
Futu Securities Granted Approval to Offer Crypto in Hong Kong
By Editors | 11/07/2024
A licence upgrade allows Futu Securities to provide virtual asset dealing services to retail and professional investors in Hong Kong.

Credit Risk
JSDA Seeks to Add Protection Clauses to Corporate Bonds
By Editors | 10/07/2024
JSDA will reportedly encourage the use of change of control clauses and reporting covenants in corporate bonds with lower ratings.

Trading & Investment
SEBI Issues New Rules for Passively Managed Funds
By Ajoy K Das | 10/07/2024
SEBI is imposing a new cap for passive mutual fund schemes on investments in sponsor-affiliated companies.

Structural Regulation
CSRC Proposes Reporting Requirements for Private Funds
By Editors | 10/07/2024
The rules clarify the obligations of private fund managers to disclose information to investors and regulators when major risks are discovered.

Market Abuse
Korea Approves New Disclosure Rule for Insider Transactions
By Editors | 10/07/2024
Listed companies will be required to disclose insider transactions 30 days prior to their planned transaction dates, starting from 24 July.

Trading & Investment
GFEX Unveils Plans to Introduce Platinum, Palladium Futures
By Editors | 10/07/2024
Guangzhou Futures Exchange’s new contracts will provide mechanisms for price discovery and hedging for platinum and palladium.

Conduct, Culture & Accountability
PayPal Used Unfair Contract Term, Australian Court Rules
By Sanday Chongo Kabange | 10/07/2024
The Federal Court ruled that PayPal’s standard form contracts with small business customers contained an unfair contract term.
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