News Centre

Japan Financial Services Agency Administrative Actions, Etc. Against SMBC Nikko Securities Inc. And Sumitomo Mitsui Financial Group, Inc.

Date 28/10/2022

Today, the Financial Services Agency (FSA) took administrative actions against SMBC Nikko Securities Inc. (Chiyoda City, Tokyo; corporate number: 7010001125714; hereinafter referred to as "SMBC Nikko Securities") and Sumitomo Mitsui Financial Group, Inc. (Chiyoda City, Tokyo; corporate number: 2010001081053; hereinafter referred to as "Sumitomo Mitsui Financial Group") as described in I. and II. below. In addition, the FSA issued orders to submit reports as described in III. below to Sumitomo Mitsui Banking Corporation (Chiyoda City, Tokyo; corporate number: 5010001008813; hereinafter referred to as "SMBC") and Sumitomo Mitsui Financial Group.

GlobalData Reveals List Of Top M&A Legal And Financial Advisers In Asia-Pacific For Q1-Q3 2022

Date 28/10/2022

GlobalData has released the latest Legal and Financial Adviser League Tables, in terms of the total value and volume of merger and acquisition (M&A) deals they advised on, during Q1-Q3 2022. 

Hong Kong Securities And Futures Commission Publicly Criticises Gold Dragon Worldwide Asset Management Limited For Breaches Of Takeovers Code

Date 28/10/2022

The Securities and Futures Commission (SFC) has publicly criticised Gold Dragon Worldwide Asset Management Limited for its failure to disclose dealings in the shares of Shanghai Dongzheng Automotive Finance Co., Limited in contravention of the Code on Takeovers and Mergers (Takeovers Code).

Shanghai Stock Exchange: Market-Making Trading Business Of Stocks On STAR Market Is Officially Launched

Date 28/10/2022

With the approval of the China Securities Regulatory Commission (CSRC), the first batch of STAR Market makers will officially launch the market-making trading business of stocks on the STAR Market on October 31, 2022 (Monday). The information of stocks for which the market makers will carry out market-making trading business will be posted on the "Information of STAR Market Makers" section of the Shanghai Stock Exchange (SSE)'s official website (http://www.sse.com.cn/disclosure/diclosure/StarMarketMaker/) for investors' inquiry.

Monetary Authority Of Singapore Announces 65 Finalists For The 2022 Global FinTech Hackcelerator And FinTech Awards

Date 28/10/2022

The Monetary Authority of Singapore (MAS) announced today the 65 finalists for the Global FinTech Hackcelerator, and the Singapore FinTech Festival (SFF) Global FinTech Awards. These Awards are among the highlights of SFF 2022, which will take place from 2 to 4 November 2022.

HKEX Launches Core Climate, Hong Kong’s International Carbon Marketplace, supporting Global Transition To Net Zero

Date 28/10/2022

• Core Climate will provide effective and transparent trading of voluntary carbon credits and instruments, across Asia and beyond
• New carbon marketplace reflects HKEX’s commitment to building an integrated ecosystem and international carbon market in Hong Kong, one that provides a one-stop solution for trading, custody and settlement

Singapore Cements Position As Third Largest Global FX Centre

Date 28/10/2022

The Monetary Authority of Singapore (MAS) announced today that Singapore’s foreign exchange (FX) average daily trading volumes (ADTV) rose to US$929 billion in April 2022, increasing by 45% from April 2019. Singapore retained its position as the third largest FX centre in the world, after the UK and the US, with its share of global FX volumes rising to 9.5% in April 2022, from 7.7% in April 2019. These figures were released yesterday in the 2022 Triennial Central Bank Survey of the global FX and over-the-counter (OTC) derivatives market conducted by the Bank for International Settlements.

ASIC Reports On Audit Inspection Findings For 12 Months To 30 June 2022

Date 28/10/2022

22-296MR ASIC reports on audit inspection findings for 12 months to 30 June 2022 | ASIC

Venture Capital Funding In India Down By 22.4% YoY To $18.5 Billion During Q1-Q3 2022, Finds GlobalData

Date 28/10/2022

A total of 1,374 venture capital (VC) funding deals of worth $18.5 billion were announced in India during Q1-Q3 2022, which is 22.4% decline in value compared to the same period last year even though deals volume grew by 15.3%, reveals GlobalData, a leading data and analytics company.

NZX Revenue & Shareholder Metrics | NZ RegCo Metrics - 3Q22

Date 28/10/2022

Please see attached NZX Revenue & Shareholder Metrics and NZ RegCo Metrics for Q3 2022.