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

Market Abuse
JPMorgan to Pay Penalty to 3rd Regulator in Surveillance Case
By Nithya Subramanian | 03/05/2024
Following fines from the OCC and Fed announced in March, JPM said it has to pay $100m to a third regulator, identified in reports as the CFTC.

Trading & Investment
Korea FSC Unveils Draft Guidelines for “Value-up” Programme
By Manesh Samtani | 03/05/2024
The programme is designed to encourage listed companies to improve corporate governance, long term value creation, and shareholder returns.

Tokenisation
Capital Markets Regulators Committed to Innovating With Tokenisation
By Nithya Subramanian | 02/05/2024
The UK FCA’s Rupert Harrison and Thai SEC’s Kris Tontipiromya discussed their tokenisation work at the recent Digital Assets Asia 2024.

Trading & Investment
SEBI to Allow Lower Face Value of Privately-placed Debt Securities
By Manesh Samtani | 30/04/2024
The lower face value will be optional for issuers of privately-placed non-convertible debentures and non-convertible redeemable preference shares.

Cryptocurrency
ASX Expected to Approve More Bitcoin ETFs This Year – Report
By Nithya Subramanian | 30/04/2024
VanEck Associates, BetaShares, and local player DigitalX have lodged applications with ASX to list spot Bitcoin ETFs.

Cryptocurrency
Hong Kong Launches Asia’s First Spot Crypto ETFs
By Manesh Samtani | 30/04/2024
ChinaAMC, Harvest Global Investments, and Bosera Asset Management each listed a spot Bitcoin ETF and a spot Ether ETF.

Structural Regulation
SEBI Directs BSE to Remediate Erroneous Fee Calculations
By Ajoy K Das | 30/04/2024
BSE has to pay almost $20mn for to make up for years of incorrect calculations of its annual options trading turnover.

Trading & Investment
Malaysia SC, IsDB to Cooperate on Islamic Capital Market
By Nithya Subramanian | 30/04/2024
The collaboration will facilitate innovation in Islamic fintech, promote Islamic social finance, and encourage investment inflows.

Trading & Investment
India Amends FX Rules to Facilitate Direct Listings in GIFT City
By Ajoy K Das | 29/04/2024
The regulations make clear that firms raising funds through direct GIFT City listings can hold the proceeds in foreign currency accounts outside India.

Reporting & Disclosures
NZX Amends Listing Rules to Clarify Climate Disclosure Obligations
By Sanday Chongo Kabange | 29/04/2024
The amendments also introduce requirements for issuers to appoint authorised representatives and provide NZX with their contact details.
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