Markets & Infrastructure

Conduct, Culture & Accountability

SEBI Suspects Mis-selling of Mutual Fund Products

By Ajoy K Das | 27/03/2024

SEBI is assessing whether AMCs sold long-duration and small cap funds to senior citizens without them properly understanding the risks.

PEPs & Sanctions

Russia Launches Scheme to Unblock Foreign Securities

By Editors | 27/03/2024

Russian broker is accepting offers from Russians looking to free up overseas-held shares affected by sanctions.

Structural Regulation

SGX RegCo Requires Large Issuers to Submit Proposed AGM Dates

By Ranamita Chakraborty | 27/03/2024

The regulator highlighted that shareholders’ ability to attend AGMs is hindered if multiple AGMs are clustered within the same period.

Market Data & Technology

JPXI to Launch New Trading Analysis Data Service

By Editors | 27/03/2024

The new service will provide four types of data on a daily basis to enable trading participants to analyse their own transactions.

Structural Regulation

StanChart Inaugurates Investment Banking Unit in China

By Editors | 26/03/2024

Standard Chartered applied for the licence in 2021 and was granted approval to commence operations in December last year.

Clearing & Post-Trade

ISDA to Commence Work to Update FX Standards

By Manesh Samtani | 26/03/2024

CEO Scott O’Malia said ISDA is also prioritising the development of a new industry notices hub and continuing to engage with US policymakers on the proposed Basel III reforms.

Structural Regulation

China’s Largest Brokerage Under Scrutiny for IPO Sponsor Role

By Editors | 26/03/2024

Citic Securities did not “directly reply” to a query from the SZSE  on whether an IPO applicant it was sponsoring had overly concentrated shareholdings among a few individuals.

Trading & Investment

SEBI Directs AMCs to Stop Channelling Funds into Overseas ETFs

By Ajoy K Das | 26/03/2024

AMCs have to stop accepting money from investors to invest in overseas ETFs as an existing $1bn investment limit is close to being breached.

Payments & Settlements

India to Begin Work on Interoperable Online Banking Payments

By Ajoy K Das | 26/03/2024

NBBL, large banks and fintechs in talks to start work on the new platform next month.