News Centre

UK's Financial Conduct Authority Finalises Rules To Improve The Protection Of Client Money And Custody Assets

Date 10/06/2014

The Financial Conduct Authority (FCA) has today finalised changes to the client money and custody assets (client assets) rules. These changes affect approximately 1,500 FCA regulated firms that carry out investment business, from the largest investment banks to the smallest investment advisor, who collectively hold over £100bn of client money and £10tn of custody assets.

Shanghai Stock Exchange: Cementing Regulation On Companies On Risk Alert Board

Date 10/06/2014

On June 6, the Shanghai Stock Exchange (SSE) held a 2014 training meeting for companies on the risk alert board, in a bid to timely carry out the work of preventing delisting risks and protect investors’ interests. It is stressed at the meeting that the companies on the risk alert board will be urged to fully disclose information about delisting risks and relevant progresses. Besides, compliance of the companies with major risks in their previous information disclosures will be rechecked.

Eurex Group Concentrates Commodity Trading On One Platform - Trading In Agricultural Products To Be Launched On EEX In 2015

Date 10/06/2014

The European Energy Exchange (EEX) and Eurex Exchange have jointly decided to concentrate trading in agricultural derivatives within EEX, in which Eurex holds a majority interest of 62,57 percent. The move will give customers access to a large and standardised offering of commodity derivatives contracts via one platform.

Serve The Innovative Enterprises, Push Forward The Transformation And Upgrading Of Sponsor Business - The 14th Session Of Shenzhen Stock Exchange Sponsor Joint Conference Held In Tianjin

Date 10/06/2014

The 14th session of sponsor joint conference organized by Shenzhen Stock Exchange(SZSE) was held on June 5, 2014 in Tianjin. With the theme of ‘Serve the Innovative Enterprises, Push Forward the Transformation and Upgrading of Sponsor Business’, the conference probed into the subjects of carrying through the spirit of Several Opinion of the State Council on Further Facilitating Sound Development of Capital Market (hereinafter referred as New National Nine), speeding up the development of multi-layer capital market and transformation and upgrading of sponsor business under the new situation.

Pacific Sun Advisors Limited And Its Director Convicted Of Issuing Advertisements Without Hong Kong's Securities And Futures Commission Authorization

Date 10/06/2014

Pacific Sun Advisors Limited (Pacific Sun) and its director Mr Andrew Pieter Mantel were convicted today at the Tsuen Wan Magistrates’ Court on four charges of issuing advertisements to promote a collective investment scheme without the authorization of the Securities and Futures Commission (SFC).

Shenzhen Stock Exchange Holds 5th “Trading Rules Day”, Focusing On Two-Way Opening-Up Of The Capital Market And Pushing Forward Optimization Of Trading Systems

Date 10/06/2014

On June 7, Shenzhen Stock Exchange (“SZSE”) held the 5th annual seminar of “Trading Rules Day”, which was themed by “The Design and Optimization of Trading Systems in the Two-way Opening-up of the Capital Market”. Representatives were invited from China Securities Regulatory Commission (“CSRC”), Hong Kong Stock Exchange, Tokyo Stock Exchange, Morgan Stanley Capital International Inc., QFII, RQFII, securities brokers and fund companies.

SFAT Affirms Hong Kong's Securities And Futures Commission Decision To Suspend Jenny Chan Pik Ha

Date 10/06/2014

The Securities and Futures Commission (SFC) has suspended Ms Jenny Chan Pik Ha for four months from 9 June 2014 to 8 October 2014 following the determination of the Securities and Futures Appeals Tribunal (SFAT) to uphold the SFC’s decision to suspend her licence but reducing the period of suspension from six months to four months.

Shenzhen Stock Exchange Market Bulletin 9 June, 2014 - Issue 18

Date 10/06/2014

Last week, Shenzhen Component Index tumbled 1.8% to 7235.4 points.SME Index stayed at 4652.1  points, the same as last week. ChiNext Index advanced 2.5% to 1350.4  points. Total turnover for stocks  and funds on SZSE was US$54.5  billion, or a 29.0% decrease from the week before. 

Osaka Exchange: Change Of Central Contract Months In 10-Year JGB Futures Trading

Date 10/06/2014

Concerning 10-year JGB Futures, since the trading volume of the September 2014 contract (second contract) surpassed that of the June 2014 contract (nearest contract) in today's auction market, the central contract month pertaining to temporary trading halt (Circuit Breaker rule) are as follows from June 11, 2014 (trading day).

UK's Financial Conduct Authority Welcomes CML Announcement That Lenders Have Met The 2020 Interest-Only Mortgage Commitment

Date 10/06/2014

Responding to news from the Council of Mortgage Lenders that lenders have contacted interest-only borrowers whose mortgages are due to mature by the end of 2020 and discussed repayment options, Martin Wheatley, chief executive officer at the Financial Conduct Authority, said:

“This forward looking and consumer-at-the heart type of action is a prime example of a model demonstrating good conduct outcomes and putting customers first;  it’s good to see that real progress is being made.  What I am particularly pleased with is how industry, regulator and consumer have come together to address this problem as one in a collaborative way.  It’s too soon to declare success, but these are encouraging findings."