News Centre

Securities Commission Malaysia Seeks Public Help To Locate Six Individuals Connected To Money Laundering-related Offences

Date 02/08/2022

The Securities Commission Malaysia (SC) is seeking assistance from members of the public for information towards locating  the whereabouts of six individuals, who are being investigated for possible breach of Section 4(1) of the Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act 2001 (AMLA) for receiving illegal proceeds via their bank accounts. 

Broadridge Strengthens Presence In Asia-Pacific, Expands Regional Headquarters In Singapore - Reaffirming Its Commitment To APAC, Broadridge Opens A New Office In Singapore, Paving The Way For Further Growth In Headcount, Investment And Solution Offerings

Date 02/08/2022

To reinforce and grow its best-in-class offerings, Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, is excited to announce the opening of a new office in Singapore for its APAC headquarters. Amid continued growth momentum and expanding opportunities to support financial services clients across the region, this investment reaffirms Broadridge’s deep on-the-ground commitment to the market.

Acuiti Avelacom Proprietary Trading Report 3Q22: Listed Interest Rates And Commodities Have Been Most Profitable For Proprietary Trading Firms In 2022

Date 02/08/2022

Listed interest rate derivatives and commodities futures and options performed best for proprietary trading firms in the first half of 2022 as fears of a recession and soaring inflation caused volatility across global markets, this quarter’s Acuiti Proprietary Trading Managers’ Insight Report has found, conducted in partnership with Avelacom.

DIFC Launches First Global Family Business And Private Wealth Centre

Date 02/08/2022

• DIFC is creating a hub for global and regional family-owned businesses, UHNWIs and Private Wealth
• The initiative is in line with DIFC’s 2030 strategy objectives, which will enable DIFC to double in size and its economic contribution to Dubai’s GDP. The strategy also supports sustained economic growth and further differentiates Dubai as a global hub for leading financial institutions and businesses
• The new Centre will provide a full range of services and accreditation to businesses and advisors who meet DIFC’s standards
• Lays foundations to improve succession planning as businesses move onto future generations

Hong Kong Securities And Futures Commission Sets Out The Way Forward For Green And Sustainable Finance

Date 02/08/2022

The Securities and Futures Commission (SFC) today published its Agenda for Green and Sustainable Finance to set out further steps to support Hong Kong’s role as a regional green finance centre, having achieved the goals set out in its Strategic Framework for Green Finance.

Gulf Investment Awareness Program “Mulim” Continues To Receive Applications For The Smart Gulf Investor Award

Date 02/08/2022

The Gulf Investment Awareness Program, “Mulim”, continues receiving applications in the first round of the Smart Gulf Investor Award, an award that was introduced as part of the program’s initiatives and is divided into three main categories: video, photography, and painting. A committee, including experts from across the GCC, was set up to oversee the award process and evaluate the applications received. The award aims to urge GCC citizens and residents to publish awareness posts that help to spread the investment culture and enhance awareness of the importance of saving and investing.  

Reply To Singapore Parliamentary Question On Enhancing Cryptocurrency Regulation Beyond Money Laundering And Terrorism Financing To Prudential Regulation And Investor Protection

Date 02/08/2022

Question:

To ask the Prime Minister (a) whether the recent spate of cryptocurrency firms entering insolvency proceedings presents a systemic risk to Singapore’s financial system; (b) whether it is time to enhance cryptocurrency regulation beyond money laundering and terrorism financing to prudential regulation and investor protection; and (c) how does the above fit into any broader strategy to develop a cryptocurrency hub or sector in Singapore.

Dalian Commodity Exchange Deals With 68 Cases Of Abnormal Trading In July 2022

Date 02/08/2022

Dalian Commodity Exchange (DCE) continues to investigate and handle abnormal trading activities and violations for the purposes of performing front-line market supervision responsibilities, regulating futures trading activities, preventing and mitigating market risks and protecting the legitimate rights and interests of market participants. In July 2022, a total of 68 cases of abnormal trading were investigated and handled.

Shenzhen Stock Exchange Officially Releases Trading Rules And Self-Discipline Regulation Guidelines Of Convertible Corporate Bonds To Promote High-quality Development Of The Convertible Bond Market

Date 02/08/2022

Today, SZSE officially issued the Implementation Rules of Shenzhen Stock Exchange on the Trading of Convertible Corporate Bonds (hereinafter referred to as the Trading Rules) and the Business Guidelines of Shenzhen Stock Exchange for Self-discipline Regulation of Listed Companies No. 15 – Convertible Corporate Bonds (hereinafter referred to as the Self-discipline Regulation Guidelines). It is a measure of SZSE to implement the requirements of the Measures for the Management of Convertible Corporate Bonds, further regulate relevant services concerning convertible bonds, protect investors’ rights and interests, and promote the high-quality development of the convertible bond market.

ASIC Extends Transitional Relief For Foreign Financial Services Providers

Date 02/08/2022

ASIC is extending for a further 12 months the transitional relief for foreign financial services providers (FFSPs) from the requirement to hold an Australian financial services (AFS) licence when providing financial services to Australian wholesale clients.