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

Trading & Investment
HSBC Completes Acquisition of Citi’s China Wealth Business
By Editors | 11/06/2024
HSBC has completed the acquisition of Citigroup’s mainland retail wealth management portfolio, a deal that was announced last October.

Trading & Investment
SEBI Proposes to Relax Mutual Fund Rules on Trading CDS
By Ajoy K Das | 11/06/2024
SEBI proposes to allow mutual funds to buy and sell credit default swaps up to 10 percent of their assets under management.

Trading & Investment
Korea: Short Selling Monitoring System To Be Ready in March 2025
By Sanday Chongo Kabange | 11/06/2024
South Korea’s ban on short selling can only be lifted after the new Naked Short Selling Detection System is in place.

Trading & Investment
HKEX Targets September for Severe Weather Trading Launch
By Editors | 10/06/2024
HKEX is working to finalise the severe weather trading model and has set an internal target for implementation in September.

Trading & Investment
SEBI Proposes Tighter Rules for Stock Derivatives
By Ajoy K Das | 08/06/2024
SEBI proposes to adjust the market parameters for eligibility to ensure that only high-quality stocks are eligible.

Structural Regulation
US Court Vacates New SEC Rule for Private Fund Advisers
By Nithya Subramanian | 07/06/2024
The appeals court ruled that the SEC “exceeded its statutory authority” by adopting the new rule for private fund advisers.

Structural Regulation
Japan Designates Four Cities as Special Asset Management Zones
By Editors | 07/06/2024
The government will work with Tokyo, Osaka, Sapporo, and Fukuoka to develop an attractive environment for asset managers.

Trading & Investment
CSRC Addresses Market Fears About Stock Delistings
By Editors | 07/06/2024
The CSRC said there won’t be a significant increase in the number of delisted companies in the short term.

Cryptocurrency
Thai SEC Grants First Approval for Bitcoin ETF
By Editors | 07/06/2024
The ETF will operate under a fund-of-funds structure, allocating investments across major global Bitcoin funds.

Trading & Investment
HKMA Exploring Further Enhancements to Wealth Connect
By Editors | 06/06/2024
The individual investor quota was tripled this year, but it is still “not quite enough for private bank clients”, said HKMA’s Eddie Yue.
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