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Fintech / Regtech
ESMA Issues Guidance on Use of AI by Investment Firms
By Nithya Subramanian | 03/06/2024
The guidance focuses on the organisational, conduct of business, and best interest requirements under MiFID II.
Securities / Derivatives
SET Proposes Measures to Curb Inappropriate Trading Behaviours
By Editors | 03/06/2024
The measures are aimed at strengthening market supervision and promoting transparency and fairness for all investors, the SET said.
Enforcement
CSRC Imposes Record Fine on Evergrande’s Flagship Unit
By Mark Johnston | 01/06/2024
The CSRC fined Hengda Real Estate $577mn and banned Evergrande’s founder from the securities market for life.
Securities / Derivatives
SEBI Reduces Approval Time to Offer Online Trading
By Ajoy K Das | 01/06/2024
Stock brokers will only have to wait 7 calendar days to receive a decision from stock exchanges about approval to offer internet-based trading services to clients.
Crypto / Digital Assets
UK Sees Launch of First Six Crypto ETN Products
By Editors | 31/05/2024
21Shares and WisdomTree launched a total six ETNs on the LSE, which are fully backed by physical holdings of Bitcoin or Ethereum.
Fintech / Regtech
RBI Announces Launch of Three New Fintech Initiatives
By Ajoy K Das | 31/05/2024
The RBI launched a new application portal, a mobile app for G-Secs trading, and repositories containing FinTech and EmTech data.
ESG / Sustainability
CHKLC to Launch ESG Exam Tailored to HKEX Requirements
By Sanday Chongo Kabange | 31/05/2024
The Chamber of Hong Kong Listed Companies will certify competency to meet HKEX’s requirements on ESG.
ESG / Sustainability
Malaysia Unveils Initiatives to Further Boost Islamic Finance
By Nithya Subramanian | 31/05/2024
The SC will launch a social exchange by year-end and introduce P2P financing and equity crowdfunding for waqf developments.
Securities / Derivatives
SEBI Revises Criteria for Listing Commodity Futures, Options
By Ajoy K Das | 31/05/2024
Exchanges will no longer have to delist commodity derivatives if annual turnover falls under INR 5 billion.
ESG / Sustainability
European Energy Exchange Establishes Japanese Subsidiary
By Editors | 31/05/2024
EEX said the subsidiary will help it reinforce its presence and strengthen ties with the local trading community and authorities.
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