Markets & Infrastructure

Conduct, Culture & Accountability

NZ FMA Offers Guidance on Providing Investment Advice

By Editors | 07/02/2023

The guidance focuses on situations where it is difficult or impractical to access information to support reasonable grounds for financial advice on an investment product.

Trading & Investment

Hong Kong, Saudi Exchanges to Explore Cross Listings

By Sanday Chongo Kabange | 07/02/2023

A delegation to Saudi Arabia led by Hong Kong chief executive John Lee will try to persuade Aramco to list on HKEX’s market.

Market Data & Technology

BI Starts Publishing Compounded IndONIA and IndONIA Index

By Editors | 06/02/2023

The publication of Compounded IndONIA and IndONIA Index is aimed at encouraging greater use of IndONIA in financial products.

Structural Regulation

SFC Seeks Early Submission of Data Required Under HKIDR

By Editors | 06/02/2023

Intermediaries are asked to submit their BCAN-CID Mapping Files as soon as possible to ensure sufficient time to verify the data and rectify any errors.

Structural Regulation

Indonesia OJK Launches Five Year Capital Market Roadmap

By Editors | 06/02/2023

The roadmap has five pillars, each comprising several action plans. Separate rules will be established for digital assets with the characteristics of securities.

Structural Regulation

OECD Issues Guidance on Implementing Global Minimum Tax

By Editors | 06/02/2023

The guidance aims to help governments implement the 15% global minimum corporate tax in a consistent manner and reduce compliance costs for companies.

Trading & Investment

SEBI Proposes to Allow REITs, InvITs to Issue Depositary Receipts

By Editors | 06/02/2023

SEBI says the move will enable greater participation by foreign investors in domestic REITs and InvITs.

Market Abuse

Indian Regulators Respond to Adani Group Stock Selloff

By Editors | 06/02/2023

SEBI said the market continues to function effectively. The RBI said the banking sector remains resilient and stable. Adani companies have meanwhile lost $110mn in market cap.

Structural Regulation

Hong Kong: New Regulatory Regime for Depositories to Start by 2025

By Editors | 06/02/2023

About 20 depositaries and 300 individuals will require licensing under RA 13, the new regulated activity for depositories of collective investment schemes.