News Centre

Investor Activity On GPW Group Markets – December 2023

Date 02/02/2024

• GPW Main Market Electronic Order Book[1] equities turnover value decreased by 10.1% YoY to PLN 23.8 billion
• NewConnect Electronic Order Book equities turnover value decreased by 33.5% YoY to PLN 150.7 million
• Index futures turnover volume decreased by 7.5% YoY to 638,900 contracts
• Aggregate ETF and ETC turnover value increased by 11.9% YoY to PLN 121.3 million
• Electricity turnover volume decreased by 16.5% YoY to 10.4 TWh
• Natural gas turnover volume decreased by 3.2% YoY to 13.4 TWh

Monetary Authority Of Singapore Proposes To Simplify Requirements And Facilitate Access To Simple And Cost-Effective Insurance Products

Date 02/02/2024

The Monetary Authority of Singapore (MAS) today published a consultation paper to seek feedback on proposals to reduce the amount of information collected by financial institutions from their clients for selected insurance policies, when recommendations are made based on the Basic Financial Planning Guide (Guide). The proposals will enable consumers to meet their protection needs more easily through the purchase of simple and cost-effective insurance policies.

Dalian Commodity Exchange: Notice On Adjustments To Price Limits And Trading Margins During 2024 Spring Festival Holidays

Date 02/02/2024

According to the Measures for Risk Management of Dalian Commodity Exchange, Dalian Commodity Exchange (DCE) has decided upon discussion to make the following adjustments to the price limits and the trading margins for futures of each product before and after the 2024 Spring Festival holidays:

Notice On Adjustments To Margins And Price Limits Of Zhengzhou Commodity Exchange Products During 2024 Spring Festival Holidays

Date 02/02/2024

According to Article 8 of the Measures for the Administration of Risk Control of Zhengzhou Commodity Exchange, Zhengzhou Commodity Exchange (ZCE) hereby adjusts margins and price limits of some futures as follows:

Zhengzhou Commodity Exchange: Notice On Night Trading Session During 2024 Spring Festival Holidays

Date 02/02/2024

According to Notice on Trading Schedule during National Holidays for Year 2024, Zhengzhou Commodity Exchange hereby clarifies the night trading session arrangement during 2024 Spring Festival holidays as follows:

CFFEX: Notice On Issues Related To The Delivery Of Equity Index Futures And Options Contracts

Date 02/02/2024

Pursuant to the Trading Rules of China Financial Futures Exchange and relevant detailed implementation rules, the last trading day of a CSI 300 Index futures, SSE 50 Index futures, CSI 500 Index futures, CSI 300 Index options, CSI 1000 Index futures, CSI 1000 Index options, and SSE 50 Index options contract is the third Friday of the expiry month. Where the last trading day is a public holiday or trading of that contract is suspended on that day for extraordinary situations or other reasons, the last trading day shall be postponed to the following trading day. Accordingly, the last trading day of IF2402, IH2402, IC2402, IO2402(CSI 300 Index options contracts expiring in February 2024), IM2402,MO2402(CSI 1000 Index options contracts expiring in February 2024),and HO2402(SSE 50 Index options contracts expiring in February 2024) is February 19, 2024.

Japan Financial Services Agency: Initiatives By The Financial Industry To Enhance Their Asset Management Businesses

Date 02/02/2024

The Government of Japan has published "Policy Plan for Promoting Japan as a Leading Asset Management Center" on December 13, 2023.

PNGX Group: Papua New Guinea’s Internal Revenue Commission Addresses Withholding Tax Concerns For Depository Interests

Date 02/02/2024

PNGX Group, operator of Papua New Guinea’s national stock exchange, is pleased to announce that it has received advice from the Internal Revenue Commission (“IRC”) that, having looked into the taxation treatment of the various PNG residents impacted by the establishment of depository interests (“PDIs”), the IRC is satisfied that the existing tax treatment of dividend income will not be altered significantly.  Similarly, the treatment of stamp duty will not be altered significantly.

SIFMA Statement On Introduction Of Resolution To Address SAB 121

Date 01/02/2024

SIFMA  issued the following statement from president and CEO Kenneth E. Bentsen, Jr. regarding a Congressional Review Act resolution introduced today related to the U.S. Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin No. 121 (SAB 121):

B.C. Securities Commission: Blockchain Company Commits Misrepresentation About Consultant Spending

Date 01/02/2024

The B.C. Securities Commission (BCSC) has found that a Vancouver-based blockchain technology investment company made misrepresentations when it failed to disclose it had spent, or planned to spend, most of the proceeds from a private placement on consultants.