Securities / Derivatives

Market Infrastructure

ESMA Consults on MiFID II Order Execution Policies

By Editors | 17/07/2024

The consultation seeks input on draft technical standards for how investment firms establish and assess the effectiveness of their order execution policies.

Market Infrastructure

SFC to Implement New Paperless Securities Regime by End 2025

By Sanday Chongo Kabange | 17/07/2024

The SFC aims to implement the new regime towards the end of 2025, but give companies until end-2030 to transition.

Market Infrastructure

LegCo Progresses Work to Waive REIT Trading Stamp Duty

By Sanday Chongo Kabange | 17/07/2024

Legislative proposals will be introduced this year to waive stamp duty for REIT transactions and options market-making.

Market Infrastructure

ASEAN Exchanges to Pursue Four POCs to Improve Competitiveness

By Nithya Subramanian | 17/07/2024

The POCs focus on developing common data infrastructure, enhancing capacity building, and creating a marketplace for transition financing and ESG investment.

Crypto / Digital Assets

Korean Lawmakers Propose Revision Bill to Postpone Crypto Tax

By Editors | 17/07/2024

The financial investment income tax, which would impose a 20-25% capital gains tax on stock, bond and fund investments, is also expected to be abolished or postponed.

Market Infrastructure

UK FCA Finalises Guidance for New Derivatives Reporting Framework

By Editors | 17/07/2024

The FCA finalised Q&As and validation rules to support implementation of the new framework from 30 September 2024.

Securities / Derivatives

HKEX to Launch ID-based Self-Match Prevention Service on 22 July

By Editors | 16/07/2024

The new “ID-based SMP” service will be available in the derivatives market from 22 July. An optional connectivity test will be provided on 20 July.

Securities / Derivatives

Chinese Commodity Exchanges Lower Hedging Transaction Fees

By Editors | 16/07/2024

The SHFE and INE will halve their hedging transaction fees from 22 July, while the DCE will do so from 1 August.

Market Infrastructure

Bursa Malaysia and Pribumi Launch World’s First Zakat Index

By Nithya Subramanian | 16/07/2024

The PBMZI aims to recognise public-listed companies adopting corporate zakat practices, integrating Islamic financial principles with ESG and SRI elements.