News Centre

Keynote Speech By Tan Boon Gin, CEO Of SGX RegCo, For The “Climate Reporting In ASEAN – State Of Corporate Practices” Launch Event

Date 19/07/2022

Thank you for having me.

A year ago, everything seemed so straight forward.  A consensus had been reached at COP26.  Everybody was making net zero pledges. ESG investing was booming.

HKEX Names Chief Strategy Officer And Expands Emerging Business Development Team

Date 19/07/2022

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) it has appointed Daniel Sonder as Chief Strategy Officer and Head of Data Business, Markets.

Shenzhen Stock Exchange Releases The Guidelines For Government-Subsidized Rental Housing REITs To Actively Support Better Use Of Existing Assets

Date 19/07/2022

On July 15, SZSE released the Business Guidelines for Publicly Offered Infrastructure REITs No. 4 - Government-subsidized Rental Housing (Trial) (hereinafter referred to as the Guidelines for Government-subsidized Rental Housing REITs or the Guidelines). It is an important measure of SZSE to put in place the decisions and plans of the CPC Central Committee and the State Council on increasing government-subsidized rental housing at a faster pace, intensify support to direct financing, make better use of existing assets, and actively serve the development of a housing system that features supply by a variety of entities, assurance from various channels and encouragement of both housing rentals and purchases.

New Zealand Financial Markets Authority Censures Derivatives Issuer Western Union Business Solutions (Australia) Pty Ltd For Licence Breaches

Date 19/07/2022

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has censured Western Union Business Solutions (Australia) Pty Ltd for materially contravening key Standard Conditions of its derivatives issuer licence relating to net tangible assets (NTA).

Statement Of CFTC Commissioner Kristin Johnson Regarding Federal Court Order Ruling Against Jimmy Gale Watson, Jr. - CFTC's First “Pump-And-Dump” Case Involving The Digital Asset Markets

Date 18/07/2022

Today, the Commodity Futures Trading Commission (CFTC) announced that the Honorable John Koeltl of the U.S. District Court for the Southern District of New York entered a Consent Order and Permanent Injunction, Civil Monetary Penalty, and Other Equitable Relief Against Defendant Jimmy Gale Watson, Jr. of Dallas, Texas. This case marks the first enforcement action by the Commission alleging use of a traditional fraud scheme known as “pump-and-dump” in digital asset markets. In a pump-and-dump scheme, fraudsters spread false information about an asset in order to “pump-up” investor interest and drive up the price. The fraudsters then liquidate or sell the targeted asset, dumping the asset at the artificially inflated price before the price inevitably declines.

Equitable Financial To Pay $50 Million Penalty To Settle SEC Charges That It Provided Misleading Account Statements To Investors - Accounts Belonged To Public School Teachers And Staff Investing For Retirement

Date 18/07/2022

The Securities and Exchange Commission today announced fraud charges against Equitable Financial Life Insurance Company for providing account statements to about 1.4 million variable annuity investors that included materially misleading statements and omissions concerning investor fees. Equitable agreed to pay $50 million to harmed investors, most of whom are public school teachers and staff members, to settle the charges.

Readout: US Deputy Secretary Of The Treasury Wally Adeyemo’s Meeting With Prime Minister Natalia Gavrilița Of Moldova

Date 18/07/2022

Today, Deputy Secretary of the Treasury Wally Adeyemo met with Prime Minister Natalia Gavrilița of Moldova to discuss global economic spillovers caused by Russia’s unprovoked and unjustified war against Ukraine—including higher energy prices—and the united international response to hold Putin accountable. They discussed external financing provided by donor countries and multilateral organizations to Moldova since the start of the war to help with spillovers of Putin’s brutal assault, including $130 million in economic assistance provided by the United States. Deputy Secretary Adeyemo and Prime Minister Gavrilița also spoke about energy security issues. 

Jaime Lizárraga Sworn In As SEC Commissioner

Date 18/07/2022

The Securities and Exchange Commission today announced that Jaime Lizárraga has been sworn into office as a Commissioner by Chair Gary Gensler. Commissioner Lizárraga was nominated by President Biden earlier this year and confirmed by the U.S. Senate on June 16.

Treasury International Capital Data For May

Date 18/07/2022

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2022.  The next release, which will report on data for June, is scheduled for August 15, 2022.

CFTC: Federal Court Orders Texas Man To Pay Over $290,000 For Manipulative And Deceptive Digital Asset Pump-And-Dump Scheme

Date 18/07/2022

The Commodity Futures Trading Commission today announced the U. S. District Court for the Southern District of New York entered a consent order on July 14 for a permanent injunction, monetary sanctions, and disgorgement of ill-gotten proceeds against Jimmy Gale Watson of Dallas, Texas.