Markets & Infrastructure

    image

    PEPs & Sanctions

    New Price Caps Targeting Russian Petroleum Products Take Effect

    By Editors | 06/02/2023

    A 55-day transitional period is provided for Russian petroleum products purchased and loaded onto vessels before 5 February and unloaded before 1 April 2023.

    image

    KYC & CDD

    India Budget to Provide Boosts to India Fintech, GIFT City

    By Editors | 06/02/2023

    The budget includes a revamp of India’s credit guarantee scheme for MSMEs and new incentives to draw companies to GIFT City.

    image

    Conduct, Culture & Accountability

    China Unveils First National Ethics Code for Accountants

    By Editors | 05/02/2023

    The Code should be integrated into training and education programmes for accounting personnel, including in colleges and universities.

    image

    Trading & Investment

    SEBI to Enhance Risk Disclosures in F&O Segment

    By Editors | 05/02/2023

    A SEBI study found that 90 percent of active retail investors trading future and options incurred losses averaging INR 125,000 in the FY 2021-22.

    image

    Climate Risk

    Existing FMI Rules Are Sufficient to Address Climate-related Risks

    By Sanday Chongo Kabange | 03/02/2023

    DTCC says the regulatory frameworks and standards contained within the PFMI are sufficient to address climate-related financial risks faced by FMIs.

    image

    Cybersecurity

    Ransomware Attack Against ION Markets Hit Derivatives Traders

    By Manesh Samtani | 03/02/2023

    The incident has forced firms to manually process derivatives trades. Ransomware gang Lockbit has threatened to publish stolen data unless a ransom is paid.

    image

    Structural Regulation

    CSRC Draft Rules to Expand New IPO System to Main Boards

    By Editors | 02/02/2023

    The registration-based IPO system adopted by the STAR Market, ChiNext and BSE will be adopted on the main boards of the Shanghai and Shenzhen exchanges.

    image

    Conduct, Culture & Accountability

    US SEC Proposes Amendments to Staff Trading Rules

    By Sanday Chongo Kabange | 02/02/2023

    Investments in financial industry sector funds will be prohibited. The SEC will be able to collect employee trading data via an automated electronic system.

    image

    Trading & Investment

    NYSE Faces Claims Over Last Week’s Trading Halts

    By Editors | 01/02/2023

    Charles Schwab, Robinhood, Virtu Financial and Citadel Securities are among the firms that submitted claims. The total impact is estimated at over $20mn.

    image

    Trading & Investment

    Beijing Bourse Issues New Rules on Govt Bond Trading

    By Editors | 01/02/2023

    Institutional investors with bond accounts at the CCDC can apply for access to trade government bonds on Beijing Stock Exchange’s platform.

    JOIN OUR NEWSLETTER

    An exclusive weekly selection of top stories from the Regulation Asia editorial team.