Markets & Infrastructure

Trading & Investment

SEBI Proposes to Relax Requirements for Mutual Funds

By Ajoy K Das | 27/02/2024

Separate dedicated fund managers would no longer need to be appointed for commodity and overseas investments.

Cryptocurrency

Crypto Firm Kraken Files Motion to Dismiss SEC Lawsuit

By Mark Johnston | 27/02/2024

Kraken argues that the SEC has no authority over its operations as the cryptocurrencies it offers are not securities or investment contracts.

Trading & Investment

Malaysia Commits to Cutting IPO Approval Time to Three Months

By Editors | 27/02/2024

IPO applications submitted from 1 March 2024 will take just 3 months for approval, down from the current 4-12 months typically required.

Conduct, Culture & Accountability

Australia: Misconduct Compensation Scheme to Start in April

By Sanday Chongo Kabange | 27/02/2024

Compensation up to A$150,000 can be provided for misconduct related to financial advice, securities dealing or credit intermediation/provision.

Trading & Investment

Wealth Connect Enhancements to Drive Investment: HSBC

By Nithya Subramanian | 27/02/2024

Around a quarter of WMC investors intend to invest CNY 1 million or more via the Scheme in the next 12 months.

Emerging Prudential Risks

FSB Warns of ‘Challenging Outlook’ for Global Financial Stability

By Manesh Samtani | 27/02/2024

The FSB is analysing the financial stability implications of tokenisation and AI, and taking stock of regulatory initiatives on nature-related financial risks.

Trading & Investment

EU Council Adopts New AIFMD, UCITS Rules

By Editors | 27/02/2024

The new rules enhance the integration of asset management markets in Europe, the European Council said.

Structural Regulation

Malaysia SC Extends REITs Annual Report Timeline

By Editors | 27/02/2024

This adjustment aligns the reporting timeline for listed REITs with that of public-listed companies, the SC said.

Trading & Investment

Korea Unveils Initial Details of ‘Corporate Value-up Programme’

By Manesh Samtani | 27/02/2024

The programme is designed to encourage listed companies to engage in voluntary efforts to improve governance, boost corporate value and enhance shareholder returns.