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Clearing & Post-Trade
SEBI Issues Framework for System Audits of Clearing Members
By Ajoy K Das | 20/06/2024
System audits should encompass “all the IT resources” of professional clearing members to identify any “major or minor non-compliances”.

Market Data & Technology
KRX Forms Task Force to Improve Preparedness for Market Outage
By Manesh Samtani | 20/06/2024
The task force was formed in response to the technical issue that occurred earlier this month at the NYSE, which caused stock prices to drop unexpectedly.

Trading & Investment
CSRC Unveils New Measures to Enhance Shanghai STAR Market
By Editors | 20/06/2024
The CSRC will explore the introduction of STAR 50 index futures and options, establish “green channels” for M&A, and optimise market-maker and trading mechanisms, among other measures.

Structural Regulation
RBI Invites Applications for Recognition as NBFC Sector SROs
By Ajoy K Das | 20/06/2024
SROs will be expected to develop standards for NBFCs, implement suitable surveillance, and share sectoral information with the RBI.

Tokenisation
Fractional Real Estate Sales Halted by Vietnam Regulator
By Mark Johnston | 19/06/2024
The SSC has halted fractional real estate sales in Vietnam by a securities firm, citing a lack of specific regulations and investor safety concerns.

Structural Regulation
Japan FSA Working to Enhance Transparency of Shareholders
By Manesh Samtani | 19/06/2024
Custodians typically exercise voting rights based on instructions from beneficial shareholders, but it is often difficult to identify who those shareholders are.

Trading & Investment
CSRC Addresses Concerns About Securities Lending Activity
By Editors | 19/06/2024
The CSRC said the securities lending balance is at its lowest level since the start of the year, but that it would step up oversight against irregularities.

Trading & Investment
SEBI Mulls Measures to Contain Derivatives Trading Risks
By Ajoy K Das | 19/06/2024
SEBI is considering raising options margin requirements, enhancing disclosures, and changing brokers’ fee structures, among other measures.

Structural Regulation
NZX Proposes to Relax Market Maker Eligibility Requirements
By Editors | 19/06/2024
NZX proposes to allow non-trading participants to become designated market makers to support increased liquidity and market efficiency.

Payments & Settlements
Hong Kong to Start Trading During Typhoons from 23 Sep
By Sanday Chongo Kabange | 19/06/2024
Special arrangements will be available to smaller and mid-sized brokers. HKMA said banks stand ready to fulfill clearing and settlement obligations.
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