Petromindo’s Post

Operational Guidelines for Foreign Venture Capital Investors (FVCIs) and Designated Depository Participants (DDPs): CIRCULAR SEBI/HO/AFD/AFD-PoD-3/P/CIR/2024/130 September 26, 2024 To, 1. Foreign Venture Capital Investors ( FVCIs ) 2. Designated Depository Participants ( DDPs ) and Custodians 3. All Depositories 4. All recognized Stock Exchanges and Clearing Corporations Dear Sir / Madam, Subject: 1. SEBI (Foreign Venture Capital Investors) Regulations, 2000 ( FVCI Regulations ) were amended vide notification dated September 05, 2024 . The said amendments shall come into force with effect from January 01, 2... ... ... http://dlvr.it/TDkjc3 #TaxLaws #Circulars #TaxTMI

Kraton and DL Chemicals Secure US $1 Billion with KDB Credit Guarantee🌟 Kraton and DL Chemicals have successfully raised a staggering US $1 billion with a credit guarantee from Korea Development Bank (KDB). This monumental financial move is set to drive significant advancements in the sector, paving the way for innovative developments and enhanced market competitiveness. This landmark achievement highlights the growing synergy between global chemical giants and financial institutions, underscoring the industry's robust growth potential. #ChemicalIndustry #Finance #Kraton #DLChemicals #Investment #Innovation #KDB #MarketGrowth #IndustryNews #GeniusTalk

💡ARIR has published the VEKTOR by ARIR Bonds Methodology, aimed at evaluating communication regarding corporate bond issuances listed on the Bucharest Stock Exchange / Bursa de Valori Bucuresti (BVB). The methodology can be consulted on the ARIR website. 🎤Daniela Maior Serban, ARIR President, explained the 8 criteria that compose the methodology and the reasons behind extending the VEKTOR by ARIR indicator to corporate bond issuers during the ZF Deschiderea de Astăzi broadcast, with Tibi Oprea ! 🙏 📱You can watch the broadcast and find more details about the new methodology by accessing the following link: https://lnkd.in/dPcAW-JQ #ARIR5 #InvestedInSuccess #VEKTORbyARIR

EXCERPTS: The China Securities Regulatory Commission (CSRC) promised to clear out “zombie shell” companies and “black sheep” stocks and reduce the value of shell resources through stricter delisting regulation, while expanding diverse exit channels and strengthening investor protection. Since the delisting reform of 2020, a total of 135 companies have delisted, of which 112 were forced to leave, said Guo Ruiming, director of the listed company supervision department of the CSRC. Guo stressed that all companies fitting the delisting criteria should leave the exchange and there should be no preset number. COMMENT: Good start. Perhaps as a next step, shut down 50 or more of the securities companies, listed or not. They provide little or no value. I am sure something along these lines will happen as Wu Qing, the new CSRC Chairman, didn't get the name "broker butcher" for nothing.

⚡ Big news ⚡ Our daily Platts Australian Carbon Credit Unit (ACCUs) price assessment will be used to settle the new CBL-Platts ACCUs contract; and the CME Group will launch a new generic CBL ACCU futures contract on the underlying CBL spot instrument. This is a significant milestone in a key APAC compliance carbon market. Platts strives to provide critical information of the highest standards, to facilitate greater transparency and efficiency in commodity markets. Our ACCUs price assessment is a great example of where we are doing so - in collaboration with our partners. Incredibly proud of the amazing Carbon Pricing team at Platts that has made this possible. Massive congratulations Agamoni Ghosh Aliana Zulaika Y. Anirudh Iyer and special thanks to colleagues Germaine Lee and Tom Stonier for their support. We have had an amazing response so far, and it's going to be an exciting few weeks ahead. If you have any questions, or want to simply talk ACCUs, do get in touch with us or our partners at Xpansiv and CME Group. Russell Karas #CarbonCredits #ACCUs #sustainablefinance #compliancemarkets #emissionstrading #markets #trading #carbonfinance #Australiacarbonmarket #carbonmarkets

A big initiative by SEBI: In a move that will make stocks among the most liquid investments, markets regulator Sebi has proposed expanding the scope of T+0 settlement cycle to 500 shares, from 25, in a phased manner, allowing investors to get their money on the day they execute the transaction.

Price assessments of #Platts, part of S&P Global Commodity Insights, will be the settlement basis for Xpansiv CBL exchange’s new CCP #CarbonCredits contracts aligned to The Integrity Council for the Voluntary Carbon Market’s (ICVCM) Core Carbon Principles (CCP®). See: https://okt.to/4GFDju #PriceAssessment

Putting a price on carbon is key to drive decarbonisation, carbon markets are a popular way to achieve it. In credit based carbon markets, such as the Australian ACCUs, price discovery is not straight forward. This limits physical trading and hedging abilities, making it not only harder for market participants to effectively manage their carbon position but also in general for the market to drive decarbonisation as effectively as it could. In collaboration between Xpansiv, CME Group and us at Platts S&P Global Commodity Insights, new spot and futures contracts will bring reliable price transparency to a very quickly evolving market. Congrats to Marie-Louise du Bois, excited to see where this is going. #CarbonCredits #compliancemarkets #carbonfinance #Australiacarbonmarket #carbonmarkets

The PNGX Markets Limited or the country’s stock exchange and trade, has put a temporary trading halt on the securities of Credit Corporation (PNG) Limited (PNG X Code: CCP) following the granting of a banking license to its subsidiary, Credit Corporation Finance Limited by the Bank of Papua New Guinea (BPNG). In response to this, the Securities Commission of Papua New Guinea (SCPNG) issued a statement acknowledging this temporary halt that was put in place on Friday 2nd August. The SCPNG stated that this was done in accordance with PNGX Listing Rule 26.6.2 so to prevent disorderly market conditions and ensure that all market participants have access to complete and accurate information. Read More https://lnkd.in/eSg-Hvkr

🎥 If you missed our Capital Markets Day, you can now view the entire session online. The recording offers the full the presentations and strategic discussions held on the day! 🔗 https://buff.ly/3VZTn4a #AMRQ #MarketDayRecap #CapitalMarketDay