News Centre

Singapore Exchange Regulatory Update - Disclosure Of Interests Provisions For Listed Entities

Date 08/10/2012

The following is a regulatory update from the Monetary Authority of Singapore (MAS).

Dear Authorised Representatives,

We would like to bring to your attention the amendments to the disclosure of interests provisions set out in Part VII of the Securities and Futures Act (Chapter 289) [the “SFA”] that will apply to reporting persons such as directors and chief executive officers of listed corporations (except foreign corporations with a secondary listing on SGX-ST), trustee-managers of listed business trusts [“BTs”], and responsible persons for listed real estate investment trusts [“REITs”], and substantial shareholders/unitholders of listed corporations, BTs and REITs (thereafter collectively referred to as “listed issuers”), etc, and the process for making such disclosures.  Kindly note that the MAS will be bringing these amendments into force on 19 November 2012. 

Currently, the legal obligations on directors and substantial shareholders/unitholders of listed companies, REITs and BTs to report changes in interests are found in the Companies Act (Chapter 50) [the “CA”], the SFA and the Business Trusts Act (Chapter 31A) [the “BTA”].  Listed companies, BTs and REITs are also required under Rule 704(3) of the SGX Listing Manual  and the SGX Catalist Listing Rules to immediately disseminate notices received.

Monetary Authority Of Singapore Simplifies And Enhances Requirements On Disclosure Of Interests In Listed Entities

Date 08/10/2012

The Monetary Authority of Singapore (MAS) will introduce a new disclosure of interests (DOI) regulatory regime to streamline and enhance the existing DOI requirements in listed entities by directors and substantial shareholders. 

ADX Receives Korean Exchange Bank

Date 07/10/2012

Abu Dhabi Securities Exchange (ADX) received on Thursday a high ranking delegation from the Korean Exchange Bank (KEB) at ADX premises. 

Egyptian Exchange: New System Of Calculating Closing Prices Is Active As Of 4 October 2012

Date 06/10/2012

Starting of Thursday 4 October, 2012, the Egyptian Exchange (EGX) will start applying the new mechanism to calculate closing prices after the successful update of the current trading system (X Stream OMX).  This new system would increase the orders execution speed, in addition to some additional features.

Dr. Hassan Ghalibaf Asl Has Been Re-Elected As The CEO Of Tehran Stock Exchange

Date 06/10/2012

Dr. Hassan Ghalibaf Asl has been re-elected as the CEO of Tehran Stock Exchange for another two-year term.

BATS 1000 Index Rises 1.3% This Week

Date 05/10/2012

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) rose 201.93 points, or 1.3%, this week to close at 16,290.43 as of 4 p.m. ET today. 

Statement On Dodd-Frank Implementation And Compliance, CFTC Commissioner Chilton

Date 05/10/2012

These are busy times in our industry. In fact, we’ve never had more on our plates. Implementation of the Congressional mandates of Dodd-Frank is a massive effort. I’m pleased we are, finally, seeing the end in sight. That said, it’s time to consider some options while we move forward on final implementation phases of these critically important—and necessary—financial market regulatory reforms.

ISE Weekly Listings October 5, 2012

Date 05/10/2012

The International Securities Exchange listed new options classes during the week beginning October 1, 2012 as described below. 

CFTC.Gov Commitments Of Traders Reports Update

Date 05/10/2012

The current reports for the week of October 2, 2012 are now available.

NGX Announces Its Cleared Energy Products Are Futures

Date 05/10/2012

Natural Gas Exchange Inc. (NGX), a wholly-owned subsidiary of TMX Group, today announces that its derivatives clearing organization (DCO) is clearing all NGX energy products as futures contracts under U.S. regulations. Changes to the regulation of exempt commercial markets (ECMs) resulting from the Dodd-Frank Act for the first time require identification of NGX's contracts as either futures or swaps. Clearing its energy products as futures contracts under U.S. regulations ensures NGX's continued compliance with U.S. requirements and brings Canadian and U.S. regulation into alignment.