Structural Regulation

Clearing & Post-Trade

LCH SwapClear Completes USD LIBOR to SOFR Conversion

By Editors | 23/05/2023

In aggregate, LCH SwapClear has successfully converted approximately 600,000 USD LIBOR contracts with notional value of $45tr.

Structural Regulation

APRA Postpones Next Consultation on Super Fund Reporting Requirements

By Ranamita Chakraborty | 22/05/2023

APRA now intends to start the consultation on proposed reporting standards for investments and RSE and RSE licensee profile in November 2023.

Trading & Investment

SEBI Introduces New Risk Disclosure Rules for Equity Derivatives

By Editors | 22/05/2023

The new rules are a response to findings that that 9 out of 10 individual traders in the equity F&O segment experience net losses.

Structural Regulation

SFC Consults on Revisions to Takeovers and Share Buy-back Rules

By Editors | 21/05/2023

This includes a proposal to add a new rule to give an offeror and an offeree company the option to despatch Codes documents by electronic means.

Structural Regulation

EU Commission Adopts MoU on UK Regulatory Cooperation

By Mark Johnston | 21/05/2023

The MoU is seen as a positive step, but it does not deal with access of UK and EU firms to each other’s markets or equivalence decisions.

Alternative Markets

SEBI Consults on Corporate Governance Enhancements for AIFs

By Mark Johnston | 20/05/2023

SEBI proposes amendments to borrowing, leverage, custody and tenure rules for AIFs.

Cryptocurrency

UK Lawmakers Propose to Regulate Crypto as Gambling Products

By Mark Johnston | 19/05/2023

Report says unbacked crypto assets such as Bitcoin and Ether do not have intrinsic value and pose significant risks to consumers.

Supervision & Enforcement

China Inaugurates New National Financial Regulator

By Editors | 19/05/2023

The NFRA absorbs the CBIRC in its entirety, and takes over certain functions from the PBOC and CSRC.

Market Abuse

SEBI to Tweak Definitiion of ‘Unpublished Price Sensitive Information’

By Editors | 19/05/2023

SEBI’s amendments aim to improve transparency in the capital market and ensure timely and accurate disclosure of material events or information by listed entities.