Securities / Derivatives

Enforcement

ASIC Issues First Stop Order Targeting Crowdfunding Campaign

By Sanday Chongo Kabange | 13/06/2024

ASIC issued an interim stop order against a crowd-sourced funding campaign because of its use of a nominee arrangement.

Securities / Derivatives

China Considers Tighter Fund Selling Rules for Banks

By Editors | 13/06/2024

The NFRA is considering revisions that would block banks from selling private fund products, including hedge funds.

Fintech / Regtech

Benefits of Tokenisation Are “Overexaggerated”: WFE Paper

By Nithya Subramanian | 13/06/2024

The WFE says tokenisation work should continue, but that some of the benefits claimed are “overexaggerated”.

Enforcement

Shanghai Chipmaker Barred from Launching IPO for 5yrs

By Editors | 12/06/2024

The company, already penalised for inflating its 2020 profits, is now barred from listing its shares for five years.

Securities / Derivatives

SEBI Launches Free Programme to Boost Investor Education

By Ajoy K Das | 12/06/2024

The investor certification examination aims to enhance digital financial education about investing in the Indian securities market.

ESG / Sustainability

Japan Carbon Market Study Group Holds First Meeting

By Editors | 12/06/2024

Discussions centred around ensuring certification organisations are reliable and whether IOSCO’s recommendations should be adopted.

Securities / Derivatives

New Zealand FMA Proposes New Rules for Derivatives Issuers

By Sanday Chongo Kabange | 12/06/2024

The FMA proposes to limit the amount of leverage that derivative issuers can offer, and to require them to conduct suitability checks.

Securities / Derivatives

China: Stock Exchanges Issue New Programme Trading Rules

By Mark Johnston | 12/06/2024

HFT will be subject to differentiated fees based on indicators such as the number and frequency of orders submitted and withdrawn.

Securities / Derivatives

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.