Trading & Investment

Sustainable Finance

Climate Impact X Launches Spot Trading Platform for Carbon Credits

By Ranamita Chakraborty | 08/06/2023

**CIX told Regulation Asia that it is seeking alignment with IOSCO’s principles for commodity price benchmarks – a detailed set of guidelines relating to governance and control systems.
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Trading & Investment

Bursa Gets In-Principle Approval for New Debt Fundraising Platform

By Sanday Chongo Kabange | 08/06/2023

The Securities Commission has granted Bursa and RAM in-principle approval to manage and operate a new debt fundraising platform.

Trading & Investment

RBI Permit Banks to Offer Non-deliverable FX Derivatives to Resident Indians

By Editors | 08/06/2023

HSBC India executed its first non-deliverable FX derivative transaction with Reliance Industries just a day after the RBI’s policy change.

Trading & Investment

CME Group Sees Opportunities in China Derivatives Market

By Manesh Samtani | 07/06/2023

CME Group’s Russell Beattie said meetings with Chinese exchanges, regulators and brokerage firms were “overwhelmingly positive”.

Structural Regulation

Korea Approves Bill to Abolish Foreign Investor Registration System

By Sanday Chongo Kabange | 07/06/2023

The abolishment of the cumbersome registration system after 30 years is expected to boost foreign investment in Korean markets.

Trading & Investment

HKEX Permits 21 Firms to List RMB Share Counters

By Sanday Chongo Kabange | 07/06/2023

Nine market markers are permitted to conduct market making or liquidity providing activities in dual counter securities starting 19 June.

Structural Regulation

Philippines to Launch First Sovereign Wealth Fund by Year-end

By Editors | 07/06/2023

The Maharlika Investment Fund will be created by the end of this year, after the required legislation was passed by Congress last week.

Trading & Investment

SEBI Orders Stockbrokers to Direct More Trades to RFQ Platforms

By Sanday Chongo Kabange | 06/06/2023

From 1 July, stockbrokers will have to channel at least 10% of their proprietary corporate bond trades by value through RFQ platforms.

Structural Regulation

Changes to Position Limit Regime to Take Effect in December: SFC

By Manesh Samtani | 06/06/2023

Asset managers will have primary responsibility for position limit compliance and reporting obligations at the individual fund or sub-fund level.