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Coverage of regulatory developments, market trends, and operational standards across asset classes, financial products, and trading venues.

Structural Regulation
UBS Partially Offloads Stake in Credit Suisse China Venture
By Nithya Subramanian | 25/06/2024
UBS had to reduce its stake because foreign shareholders are not allowed to simultaneously hold majority stakes in more than one domestic brokerage.

Trading & Investment
Invesco Launches First European ETF Tracking ChiNext
By Nithya Subramanian | 25/06/2024
The fund will invest in companies involved in innovative sectors such as artificial intelligence, electric vehicles, robotics and biotech.

Trading & Investment
Nasdaq Scrutinising IPO Applicants from China, Hong Kong
By Mark Johnston | 25/06/2024
Nasdaq officials have reportedly been inquiring into the identities and independence of pre-IPO investors of Chinese and Hong Kong companies seeking to list in the US.

Trading & Investment
India Mulls Higher Tax for Derivatives to Deter Retail Investors
By Ajoy K Das | 25/06/2024
Proposals include a tax that would be deducted at source and a 30 percent capital gains tax, like what was introduced for crypto.

Trading & Investment
Korea Issues Regulatory Change Notices Relating to Short-Selling Ban
By Editors | 25/06/2024
The notices will implement reforms aimed at improving Korea’s short-selling system, including reducing the cash collateral ratio for retail investors.

Structural Regulation
CSRC Pledges to Expedite Approval Process for Overseas Listings
By Editors | 24/06/2024
CSRC vice chairman Fang Xinghai said there is a “long queue of companies” waiting to complete their registration for overseas listing applications.

Structural Regulation
RBI Revises Priority Sector Lending Guidelines for Banks
By Ajoy K Das | 24/06/2024
The revisions aim to encourage banks to incentivise lending in underserved areas and discourage lending in districts with already high loan sizes.

Trading & Investment
Korea: Simpler Registration Requirement Yielding More Foreign Inflows
By Editors | 24/06/2024
Around 300-400 new accounts are now being opened each month by foreign investors, compared to just 105 monthly during 2023.

Market Abuse
SEBI Tightens Norms for IPO Price Discovery Process
By Ajoy K Das | 24/06/2024
The order entry window of the pre-open call auction session for IPOs will end randomly during the last ten minutes.

Trading & Investment
Korea Issues Best Execution Guidelines for Securities Firms
By Manesh Samtani | 23/06/2024
The guidelines are intended to help securities firms understand how they should allocate customer orders once the new ATS market is launched in March 2025.
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