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

Conduct, Culture & Accountability
NZ FMA Offers Guidance on Providing Investment Advice
By Editors | 07/02/2023
The guidance focuses on situations where it is difficult or impractical to access information to support reasonable grounds for financial advice on an investment product.

Trading & Investment
Hong Kong, Saudi Exchanges to Explore Cross Listings
By Sanday Chongo Kabange | 07/02/2023
A delegation to Saudi Arabia led by Hong Kong chief executive John Lee will try to persuade Aramco to list on HKEX’s market.

Trading & Investment
SEBI Proposes to Allow REITs, InvITs to Issue Depositary Receipts
By Editors | 06/02/2023
SEBI says the move will enable greater participation by foreign investors in domestic REITs and InvITs.

Market Abuse
Indian Regulators Respond to Adani Group Stock Selloff
By Editors | 06/02/2023
SEBI said the market continues to function effectively. The RBI said the banking sector remains resilient and stable. Adani companies have meanwhile lost $110mn in market cap.

Trading & Investment
China Launches Market Making for Exchange Bond Market
By Editors | 06/02/2023
The CSRC said market-making will help reduce liquidity premiums and issuance costs while also improving pricing efficiency in the exchange bond market.

Trading & Investment
KRX Outlines Key Strategies to Boost Market Appeal in 2023
By Editors | 06/02/2023
The strategies include allowing night-time derivatives trading, a change to the dividend system, new derivatives product launches, and a new market for digital securities.

KYC & CDD
India Budget to Provide Boosts to India Fintech, GIFT City
By Editors | 06/02/2023
The budget includes a revamp of India’s credit guarantee scheme for MSMEs and new incentives to draw companies to GIFT City.

Trading & Investment
SEBI to Enhance Risk Disclosures in F&O Segment
By Editors | 05/02/2023
A SEBI study found that 90 percent of active retail investors trading future and options incurred losses averaging INR 125,000 in the FY 2021-22.

Structural Regulation
CSRC Draft Rules to Expand New IPO System to Main Boards
By Editors | 02/02/2023
The registration-based IPO system adopted by the STAR Market, ChiNext and BSE will be adopted on the main boards of the Shanghai and Shenzhen exchanges.

Trading & Investment
NYSE Faces Claims Over Last Week’s Trading Halts
By Editors | 01/02/2023
Charles Schwab, Robinhood, Virtu Financial and Citadel Securities are among the firms that submitted claims. The total impact is estimated at over $20mn.
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