LATEST NEWS

ESG / Sustainability

NZDPU Proof of Concept Launches, Feedback Sought

By Manesh Samtani | 06/12/2023

The proof of concept includes an initial set of data fields, features, and functionality to solicit stakeholder insights that will inform future releases.

Enforcement

ASIC Warns Online Trading Providers Over Risky Offers

By Sanday Chongo Kabange | 06/12/2023

ASIC found that some online trading providers unfairly influenced consumer decisions and made misleading disclosures during the Covid-19 pandemic.

Capital / Liquidity

New Zealand Will Not Adopt LCR, NSFR, Says RBNZ

By Manesh Samtani | 06/12/2023

The RBNZ will release a third consultation on its liquidity policy in Q2 2024 proposing simplified liquidity requirements for smaller deposit takers.

Securities / Derivatives

SGX Sets Out Listing Requirements for Active ETFs

By Sanday Chongo Kabange | 06/12/2023

Active ETF managers must publish indicative NAV throughout the trading day, disclose NAV daily, and publish fund performance and portfolio holdings monthly.

Securities / Derivatives

SEBI Implements Three-Day Timeline for IPO Listings

By Ajoy K Das | 06/12/2023

The new mandatory three-day timeline from IPO close to listing took effect on 1 December, and will benefit both issuers and investors.

Enforcement

China Fines Citic Bank and Others for Regulator Violations

By Editors | 06/12/2023

China Citic Bank was fined CNY 225 million for 56 regulatory violations. Multiple other banks, asset managers, and insurers were also fined.

Sanctions

US Sanctions Belgium-based Network for Russian Military Procurement

By Editors | 06/12/2023

US sanctions five individuals and nine entities as DOJ unseals indictments targeting illicit Russian military procurement.

Australia Consults on Improving Super Fund Retirement Outcomes

By Editors | 06/12/2023

Discussion paper examines how super funds can better support members and deliver better retirement income products and services.

ESG / Sustainability

ICMA, LSEG to Develop Practitioner Guide for Islamic Bonds

By Editors | 06/12/2023

The guidance will set out how Sukuk may be labelled as Green or Sustainability, in line with ICMA’s Green Bond Principles and Sustainability Bond Guidelines.