News Centre

Credit Benchmark’s Consensus Ratings Coverage Hits 100,000 Milestone

Date 19/10/2023

Credit Benchmark (CB), provider of the world’s only independent, consensus-backed credit risk intelligence, has reached a significant milestone for its Credit Consensus Ratings (CCRs) by covering more than 100,000 entities around the world.

Monetary Authority Of Singapore' Response To Media Queries On DBS Bank And Citibank's Recent Banking Services Disruptions

Date 19/10/2023

MAS requires all banks to ensure that their critical systems and services to customers are resilient to disruption. Banks are required to have in place back-up data centres and systems and test them periodically to ensure that critical systems and services can be restored within 4 hours following an outage. In addition, the unscheduled downtime for a critical system affecting a bank’s operations or service to customers must not exceed 4 hours within any 12-month period. MAS does not have oversight of data centres; instead MAS expects banks to establish contractual agreements with data centre providers that incorporate MAS’ requirements on system availability.

JPX Market Innovation & Research, Inc.: Status Of Proof Of Concept Testing For HTML Disclosure Of Earnings Reports (Kessan Tanshin) (As Of The End Of August 2023)

Date 19/10/2023

JPX Market Innovation & Research, Inc.（JPXI）hereby announces the status of Proof of Concept testing for HTML disclosure of earnings reports* (hereinafter referred to as "the PoC testing") promoted by JPXI as of the end of August 2023.

"A Note Of Thanks To The Financial Industry" - Remarks By Mr Ravi Menon, Managing Director, Monetary Authority Of Singapore, At Institute Of Banking And Finance Distinction Evening On 19 October 2023

Date 19/10/2023

Deputy Prime Minister Mr Heng Swee Keat, members of the IBF Council, colleagues in the financial industry, good evening.

• My special thanks to DPM Heng. You have a long association with both the MAS and IBF and we are delighted you are here with us on this evening of celebration.
• My heartiest congratulations to all the award recipients. You are the real stars of this evening!

Hong Kong Securities And Futures Commission, Independent Commission Against Corruption And Accounting And Financial Reporting Council Conduct First Tripartite Operation Against Suspected Corporate Fraud And Misconduct

Date 19/10/2023

The Securities and Futures Commission (SFC), the Independent Commission Against Corruption (ICAC) and the Accounting and Financial Reporting Council (AFRC) have conducted the first tripartite operation involving two Hong Kong-listed companies on suspicion that they falsified corporate transactions totalling HK$193 million (approximately RMB177.56 million). 

Top 10 Vietnamese Bank, LPBank, Selects Temenos To Modernize Retail And Corporate Banking - Temenos Core Banking Platform Will Help LPBank To Develop Modern Financial Products And Services Faster

Date 19/10/2023

Temenos (SIX: TEMN) today announced that Lien Viet Post Joint Stock Commercial Bank (LPBank), one of the top 10 private commercial banks in Vietnam in terms of assets and equity , has selected Temenos to modernize its core banking platform for retail and corporate banking.

10 CEOs Nominated For SET Awards 2023 With Winner Announcement On Nov 21

Date 19/10/2023

The Stock Exchange of Thailand (SET) marked the SET Awards’ 20th Anniversary under the theme of “Benchmark of Excellence” to reaffirm its position as the benchmark award of excellence that continuously elevates the Thai capital market. This year, 10 CEOs have been nominated for the CEO Awards, 79 companies for the Business Excellence Awards category and 50 companies for the Sustainability Excellence Awards category. The nominations demonstrate their ability to steer business towards potential and outstanding achievements amid the current situations with high uncertainties, while placing importance on sustainability and exemplifying model organizations in the capital market sector. SET will announce the winners and present the awards on November 21, 2023.

London Stock Exchange Group plc: Q3 2023 Trading Update

Date 19/10/2023

ASX Results Of 2023 Annual General Meeting - Addresses By Chair And Managing Director And CEO

Date 19/10/2023

The results of ASX Limited’s Annual General Meeting held on 19 October 2023 are set out in the attached document.

Reportable Situations Regime: ASIC Modifies Licensees’ Obligations

Date 19/10/2023

KEY POINTS

• ASIC has amended licensees’ obligations under the reportable situations regime.
• Licensees no longer have to report certain breaches of the misleading and deceptive conduct provisions, and the false and misleading representations provision, under the regime.
• Licensees also now have up to 90 days (from 30 days) to report a reportable situation that has underlying circumstances that are the same or substantially similar to an earlier reportable situation.