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Key Takeaways<\/p>\n
Next Steps<\/p>\n
The FCA will continue industry engagement and expects firms to develop and communicate detailed T+1 transition plans, including risk identification and mitigation strategies. Firms should monitor updates via the<\/span> AST website<\/span> and the FCA\u2019s<\/span> T+1 page<\/span> as the transition progresses toward 2027.<\/span><\/p>\n ESMA published a supervisory <\/span>statement<\/span> on the MiFIR Review application transition regime and updated the <\/span>Manual <\/span>on pre- and post-trade transparency under MiFIR\/D.\u00a0<\/span><\/p>\n Key Takeaways<\/p>\n Supervisory statement<\/span>: The statement provides practical guidance on:<\/span><\/p>\n Manual on pre-trade and post-trade transparency<\/span>: The updated manual includes new Section 6 on pre-trade transparency for equity instruments and Section 7 on the input\/output data reported to\/transmitted by the CTP.<\/span><\/p>\n The Saudi Capital Markets Authority (CMA) has released a draft regulatory <\/span>framework <\/span>for public consultation that would allow all non-resident foreign investors to directly invest in shares, debt instruments, and investment funds listed on the Kingdom\u2019s Main Market. This marks a major shift from the previous regime, which limited direct access to certain qualified investors or required indirect participation via swap agreements.<\/span><\/p>\n Key Takeaways<\/p>\n These limits are clearly retained in the proposed amendments and apply across both equity and convertible debt securities.<\/span><\/p>\n Next Steps: The public consultation is open for 30 calendar days. Final rules will be published after reviewing comments and feedback.<\/span><\/p>\n Summary<\/p>\n Vietnam\u2019s State Securities Commission (SSC) has <\/span>issued<\/span> a new regulation to streamline the concurrent review of IPO and stock listing applications, aiming to shorten timelines, enhance transparency, and improve capital-raising efficiency in the securities market.<\/span><\/p>\n In more detail<\/p>\n The new Coordination Regulation, issued under Decision No. 709\/Q\u0110-UBCK on September 27, 2025, implements Article 111a of Decree No. 155\/2020\/ND-CP (as amended). It sets out a mechanism for SSC and the Ho Chi Minh City Stock Exchange (HOSE) to jointly review IPO and listing applications, including financial statements, paid-in capital reports, company charters, and other documents. The process allows for information-sharing, written exchanges, and technical meetings, with HOSE commencing its review immediately after SSC grants the IPO registration certificate. This eliminates overlapping procedures, aligns IPO and listing requirements, and strengthens investor protections by ensuring greater consistency and transparency.<\/span><\/p>\n Next steps<\/p>\n The SSC expects the regulation to accelerate post-IPO listings, improve the efficiency of capital raising, and enhance the competitiveness of Vietnam\u2019s securities market. Companies pursuing IPOs will benefit from a more streamlined process that prepares them simultaneously for listing requirements, helping to boost investor confidence and support sustainable market development.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" Key Takeaways Strengthen inventory management: Firms should maintain accurate, real-time visibility over securities holdings to ensure timely access and placement. Review settlement chains: Identify weak points across trading, clearing, and settlement workflows. Automate manual processes: Reliance on manual intervention increases error and delay risks under compressed timelines. Client and counterparty engagement: End-to-end readiness across the<\/p>\n","protected":false},"author":1,"featured_media":31495,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[1123,12239,2884,4958,12300,5962],"class_list":{"0":"post-31494","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-global","9":"tag-insights","10":"tag-markets","11":"tag-october","12":"tag-regulatory","13":"tag-trading"},"_links":{"self":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/31494","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31494"}],"version-history":[{"count":0,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/posts\/31494\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=\/wp\/v2\/media\/31495"}],"wp:attachment":[{"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31494"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31494"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/naijaglobalnews.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31494"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}ESMA issues supervisory statement on MiFIR Review application transition regime<\/h2>\n
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Saudi Arabia consults on plans to open stock market to all foreign investors<\/h2>\n
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SSC issues new regulation on concurrent IPO and listing reviews<\/h2>\n