News Centre

Hong Kong Securities And Futures Commission Bans Lam Ki Fung For Three Years

Date 18/07/2022

The Securities and Futures Commission (SFC) has banned Mr Lam Ki Fung, a former relevant individual of Standard Chartered Bank (Hong Kong) Limited (SCB), from re-entering the industry for three years from 12 July 2022 to 11 July 2025 following the criminal convictions of Lam and his mother.

CFFEX: Notice On The Listing And Trading Of CSI 1000 Index Futures And Index Options Contracts

Date 18/07/2022

The China Securities Regulatory Commission (CSRC) has officially approved the listing of CSI 1000 index futures and index options contracts (the “Contracts”) at China Financial Futures Exchange (CFFEX). This Notice is hereby given on relevant matters.

Worldline And Morrisons Extend Strategic Partnership To Improve Payment Experience For UK Customers

Date 18/07/2022

Worldline [Euronext: WLN], a global leader in payment services, announces it has renewed and strengthened its partnership with retailer Morrisons, through a new PIN Pad offering - Lane/3000.

DFM Welcomes The Listing Of Union Coop, The Largest Retail Cooperative In The UAE

Date 18/07/2022

• Khaled Al Falasi: “The listing underscores our commitment to protect members’ interests by providing them with a regulated, efficient and transparent marketplace for share trading”
• Hamed Ali: "Significant milestone in line with efforts to implement Dubai’s strategy to develop financial markets and DFM’s endeavor to diversify investment opportunities"
• The Union Coop maintains a momentous record of operational and financial excellence since 1984
• The value of Union Coop’s shareholders' equity exceeded AED three billion
• Net profits recorded a compound annual growth rate of 20.5% between 1984 and 2021

CFFEX: Notice On Information Disclosure Standards For Futures And Options Products

Date 18/07/2022

The standards for identifying active futures contracts and active options contract months in accordance with the Measures of China Financial Futures Exchange on Information Management are as follows:

Shanghai Stock Exchange Convenes The 12th General Meeting

Date 18/07/2022

The Shanghai Stock Exchange (SSE) will convene the 12th General Meeting from July 18 to July 22, 2022, lasting 5 days. The General Meeting, as an important platform for the SSE to improve its governance structure for the legal entity and enhance the synergy of its members, is of great significance to the high-quality development of the SSE and the capital market. Given the current situation of epidemic prevention and control across China, this General Meeting is held online and mainly reviews the work reports of the Board, the President and the Board of Supervisors in 2021, the financial budget and final accounts report, as well as the proposal of authorizing the Board to review and approve documents related to budget and final accounts under specific circumstances. The representatives of the members can review documents, vote, and give feedback through the General Meeting System of the SSE.

Lord Abbett Expands Global Presence Selecting DIFC For First Middle East Branch

Date 18/07/2022

• Lord Abbett (Middle East) Limited has received approval from the DFSA to operate as an asset manager
• DIFC is the region’s largest Wealth and AssetManagement hub with over 250 companies overseeing more than USD 450bn assets under management
• DIFC is the region’s preferred platform for firms to develop, distribute, manage and domicile all types of funds
• Lord Abbett has more than 50 years of experience in multi-sector credit investment and an impressive depth of analytical credit research within the firm

Shenzhen Stock Exchange Market Bulletin, July 15, 2022 - Issue 21

Date 18/07/2022

Click here to download Shenzhen Stock Exchange;s market bulletin, Issue 21,

CFFEX: Notice On Releasing CSI 1000 Index Futures And Index Options Contract Specifications And Relevant Rules

Date 18/07/2022

China Financial Futures Exchange (the “Exchange”) hereby releases the CSI 1000 Index Futures Contract Specifications, the CSI 1000 Index Options Contract Specifications, the Detailed Trading Rules of China Financial Futures Exchange for CSI 1000 Index Futures Contract, and the Detailed Trading Rules of China Financial Futures Exchange for Equity Index Options Contract (Revised), which have been reported to the China Securities Regulatory Commission (CSRC).

Shanghai Stock Exchange Launches Pilot Of Portfolio Credit Protection Contracts To Support Bond Financing Of Real Enterprises

Date 18/07/2022

In order to implement the decision and deployment of the Party Central Committee and the State Council on supporting the development of private enterprises, and fulfill the requirements of the government work report on improving the bond financing support mechanism for private enterprises, the Shanghai Stock Exchange (SSE) has recently launched a pilot of portfolio credit protection contract (CDX) with approval of the China Securities Regulatory Commission (CSRC), with a view to supporting enterprise financing in a market-oriented manner.