Markets & Infrastructure

Trading & Investment

India Mulls Higher Tax for Derivatives to Deter Retail Investors

By Ajoy K Das | 25/06/2024

Proposals include a tax that would be deducted at source and a 30 percent capital gains tax, like what was introduced for crypto.

Trading & Investment

Korea Issues Regulatory Change Notices Relating to Short-Selling Ban

By Editors | 25/06/2024

The notices will implement reforms aimed at improving Korea’s short-selling system, including reducing the cash collateral ratio for retail investors.

Structural Regulation

CSRC Pledges to Expedite Approval Process for Overseas Listings

By Editors | 24/06/2024

CSRC vice chairman Fang Xinghai said there is a “long queue of companies” waiting to complete their registration for overseas listing applications.

Structural Regulation

RBI Revises Priority Sector Lending Guidelines for Banks

By Ajoy K Das | 24/06/2024

The revisions aim to encourage banks to incentivise lending in underserved areas and discourage lending in districts with already high loan sizes.

Payments & Settlements

China Asks Visa, Mastercard to Lower Fees on Domestic Transactions

By Editors | 24/06/2024

Visa and Mastercard were asked to reduce their fees so local merchants are more willing to accept card payments from foreign visitors to China.

Trading & Investment

Korea: Simpler Registration Requirement Yielding More Foreign Inflows

By Editors | 24/06/2024

Around 300-400 new accounts are now being opened each month by foreign investors, compared to just 105 monthly during 2023.

Market Abuse

SEBI Tightens Norms for IPO Price Discovery Process

By Ajoy K Das | 24/06/2024

The order entry window of the pre-open call auction session for IPOs will end randomly during the last ten minutes.

Clearing & Post-Trade

HKEX Enhances Clearing Arrangement for Stock, Options Trades

By Manesh Samtani | 24/06/2024

Exchange participants that are not also clearing participants can now appoint more than one general clearing participant for stock and options trades.

Payments & Settlements

Malaysia, Thailand Commencing Procedures to Join BRICS

By Editors | 24/06/2024

Thailand has submitted a formal letter of intent to join BRICS. Malaysia has decided to join and will start work on the formal procedures “soon”.