Structural Regulation

Structural Regulation

RBI Issues Draft Framework for SROs of Regulated Entities

By Ajoy K Das | 23/12/2023

The framework sets out the responsibilities of SROs, expectations on governance, and eligibility criteria for recognition as SROs.

Structural Regulation

SFC Updates Guidance to Streamline Approval Processes for Funds

By Editors | 23/12/2023

The streamlined measures will enhance the operational efficiency and approval processes of SFC-authorised funds.

Cryptocurrency

FSC Korea Issues New Accounting Guidelines for Crypto Assets

By Manesh Samtani | 22/12/2023

Crypto exchanges that have control over customer assets must account for them separately as assets and liabilities.

Structural Regulation

UK, Switzerland to Mutual Recognise Financial Services Laws

By Editors | 22/12/2023

For certain sectors, UK financial services firms will be able to serve clients in Switzerland while largely following UK rules, and vice versa.

Trading & Investment

SEBI, NSE, NSDL Face $172m Liability Following SAT Ruling

By Ajoy K Das | 22/12/2023

A Securities Appellate Tribunal decision may require SEBI, NSE and NSDL to compensate banks that lent to Karvy Stock Broking.

Structural Regulation

UK FCA Issues Listing Reform Proposals for Consultation

By Manesh Samtani | 22/12/2023

The FCA is also consulting on rules for a bond market consolidated tape and proposals to increase the availability of bond and derivatives information.

Structural Regulation

Hong Kong Consults on Implementation of Global Minimum Tax

By Editors | 22/12/2023

Hong Kong intends to apply the global minimum effective tax rate of 15 percent on in-scope MNE groups starting from 2025 onwards.

Structural Regulation

IFSCA Working Group Issues Recommendations on Direct Listing Framework

By Ajoy K Das | 22/12/2023

The report suggests two models to enable direct listings by Indian companies at GIFT City exchanges.

Structural Regulation

HK AFRC to Start Inspections of Mainland Auditors of HK-Listed Entities

By Sanday Chongo Kabange | 22/12/2023

Under a partnership with Chinese authorities, the AFRC will start to inspect engagements involving audit working papers located on the Mainland.