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Provisions on Supervision and Administration of Depository Receipts under Stock Connect

CSRC issued Announcement [2022] No. 28 establishing provisions for the supervision and administration of depository receipts under the Stock Connect scheme between domestic and overseas stock exchanges. The rules establish regulatory requirements for cross-border depository receipts, including eligibility criteria, disclosure obligations, and ongoing compliance requirements for participating securities firms and investors.

CSRC Expands QFII and RQFII Access to Commodity Futures, Options

CSRC, in joint deliberation with the People's Bank of China and the State Administration of Foreign Exchange, announces that starting November 1, 2021, Qualified Foreign Institutional Investors and RMB Qualified Foreign Institutional Investors will be eligible to trade commodity futures, commodity options and stock index options listed on approved trading venues. Stock index options trading is limited to hedging purposes only.

Measures for the Administration of Domestic Securities and Futures Investment by QFIIs and RQFIIs

CSRC Decree No. 176 establishes revised measures governing Qualified Foreign Institutional Investor (QFII) and Renminbi Qualified Foreign Institutional Investor (RQFII) domestic securities and futures investment in China, effective 25 September 2020. The decree supersedes prior CSRC measures on QFII/RQFII administration and sets compliance obligations for foreign institutional investors accessing Chinese capital markets.

CSRC and CBIRC Jointly Promulgate Administrative Measures on Custodian Business for Securities Investment Funds

CSRC and CBIRC jointly revised and promulgated the Administrative Measures on Custodian Business for Securities Investment Funds (CSRC Decree No.172), effective July 11, 2020. The measures permit foreign bank branches in China to apply for fund custodian licenses with net asset requirements calculable from foreign headquarters, improve supervisory requirements and net asset criteria, streamline application processes, and extend regulation to non-bank financial institutions. Qualified financial institutions including foreign bank branches may now submit custodian license applications.

Position and Exercise Limits for Options on Crypto Assets

Cboe Options Exchanges (Cboe Options, C2 Options, BZX Options, and EDGX Options) amended their rules to remove product-specific 25,000-contract position and exercise limits for options on crypto asset ETFs (Bitcoin and Ethereum trusts). Effective August 6, 2025 and February 24, 2026, the exchanges applied standard position limits under Cboe Options Rule 8.30.02, which may exceed 25,000 contracts based on trading volume factors. FLEX Options trading is now permitted on these crypto assets.

CFE Amends MGTN Lead Market Maker Program

Cboe Futures Exchange submitted a rule amendment to the CFTC to modify the Lead Market Maker Program for Cboe Magnificent 10 Index (MGTN) futures. The amendment establishes market performance benchmarks including minimum two-sided quote size and maximum quote width requirements applicable during regular and extended trading hours. The amended program expires on September 30, 2026 unless extended by the Exchange.

CFE Amends Lead Market Maker Program for Cboe Ether Continuous Futures

Cboe Futures Exchange submitted rule amendment CFE-2026-008 to amend the Lead Market Maker (LMM) Program for Cboe Ether Continuous (PET) futures. The amendment modifies market performance benchmarks including minimum two-sided quote size and maximum quote width parameters applicable during U.S. and non-U.S. trading hours. CFE may appoint up to five LMMs under the program, which expires September 30, 2026 unless extended.

ECRP and Block Trade Recordkeeping Requirements Amendment

Cboe Futures Exchange submitted rule certification CFE-2026-010 to clarify and simplify recordkeeping requirements for Exchange of Contract for Related Position (ECRP) transactions and Block Trades. The amendment modifies CFE Rules 403, 414, and 415 to streamline order ticket documentation requirements for Trading Privilege Holders acting as agents. The rule becomes effective March 16, 2026.

Amends Credit Futures Position Limits for CB Index Futures and Options

Cboe Futures Exchange (CFE) submitted rule amendment CFE-2026-011 to the CFTC revising position limit levels for credit futures and options products. The amendment affects CB Index Futures (IBHY and IBIG) and related CB Options. CFE Rule 1502(d) establishes position limits that aggregate futures and delta-adjusted options positions. The amendment will take effect on an implementation date announced by the Exchange following CFTC review.

Updated ASX Group Dealing Rules Policy - Insider Trading Prevention

ASX Limited released an updated ASX Group Dealing Rules Policy effective 25 March 2026, in accordance with ASX Listing Rule 12.10. The Policy establishes principles, requirements and governance arrangements to mitigate insider trading risk for ASX people and their Connected Persons. The Policy requires pre-clearance approval to deal in Covered Securities and prohibits dealing during designated ASX Trading Windows except in exceptional circumstances.