ADVERTISEMENT
Securities / Derivatives
Capital / Liquidity
Taiwan FSC to Allow Insurers to Issue Capital Bonds Overseas
By Editors | 07/03/2024
Cathay Life Insurance has already announced it will establish an SPV in Singapore to issue bonds, which would make it the first to take advantage of the revision.
Securities / Derivatives
India’s AMFI Relaxes Rule on Payments to Fund Distributors
By Ajoy K Das | 07/03/2024
AMCs can pay trail commissions to new distributors after assets have been transferred from an old distributor by an investor, after 6 month cooling-off period.
Enforcement
ASIC Issues First Ever Penalty Against Market Operator
By Sanday Chongo Kabange | 07/03/2024
ASX has paid A$1.05mn for a pre-trade transparency failure caused by “carelessness rather than recklessness or intentional misconduct”.
ESG / Sustainability
US SEC Adopts Mandatory Climate Disclosure Rules
By Manesh Samtani | 07/03/2024
The final rules allow large companies to report Scope 1 and 2 emissions only if they are material, and remove requirements to also disclose Scope 3 emissions.
Securities / Derivatives
CSRC Promises Stricter Regulation, Supervision of Capital Market
By Manesh Samtani | 07/03/2024
Chairman Wu Qing said the CSRC would “act decisively” in the stock market, improve its rules framework, and strengthen investor protection.
ESG / Sustainability
SGX RegCo Consults On Integrating ISSB Standards Into Listing Rules
By Nithya Subramanian | 07/03/2024
SGX RegCo proposes to make it mandatory for listed companies to report on sustainability, compared to the current “comply or explain” approach.
ESG / Sustainability
Philippine SEC Adopts Sustainable Finance Taxonomy
By Sanday Chongo Kabange | 06/03/2024
The SEC said issuers of securities should refer to the taxonomy when making investment decisions or designing sustainable financial products and services.
Securities / Derivatives
Bursa Malaysia to Launch New Soyoil Futures on 18 March
By Editors | 06/03/2024
The new futures contract is made possible by a licensing agreement signed with the Dalian Commodity Exchange last year.
Enforcement
SFC, HKEX Jointly Take Action Against GEM-Listed Firm
By Sanday Chongo Kabange | 06/03/2024
Two former directors misappropriated assets by paying an IPO consultant who subsequently rerouted the funds back to the directors.
Enforcement
RBI Imposes Restrictions on Systemically Important NBFC
By Ajoy K Das | 06/03/2024
The RBI said JM Financial Products “repeatedly” helped customers bid for IPO and NCD offerings using loaned funds, in violation of the regulations.
JOIN OUR NEWSLETTER
An exclusive weekly selection of top stories from the Regulation Asia editorial team.