News Centre

UK Financial Conduct Authority Sets Out Plans To Deliver £71.2 Million Of Compensation To Former British Steel Pension Scheme Members

Date 31/03/2022

The FCA has published proposals for a compensation scheme for former members of the British Steel Pension Scheme (BSPS) who received unsuitable advice to transfer out of the fund.

Borsa Istanbul: Uptick Rule Will Be Applied In The Session Dated 31 March 2022 In The Equity Market

Date 31/03/2022

It has been decided that the up-tick rule in short selling transactions to be valid for one day during the session dated 31 March 2022.

Japan Exchange Group: Donation Towards Humanitarian Aid For Ukraine Emergency

Date 31/03/2022

In light of the deteriorating situation in Ukraine, Japan Exchange Group, Inc. (JPX) has decided to donate JPY 100 million to UNHCR, the UN Refugee Agency, with the aim of providing humanitarian aid to the affected populations in Ukraine and countries in the region.

BIS Innovation Hub And Monetary Authority Of Singapore Develop Prototype Supervisory Analytics Platform

Date 31/03/2022

• New prototype ‘Project Ellipse’ enables quick access to early warning indicators, analytics, and prudential metrics for banking supervision.
• The Ellipse prototype is the first to be published on BIS Open Tech  , a new platform for sharing software as public goods for further testing, customising and scaling.
• Integrating regulatory and other data, facilitated by advanced technology, could enhance the analytical capabilities of regulators to be more forward-looking and data-driven.

Press Conference By SUZUKI Shunichi, Japan Minister Of Finance And Minister Of State For Financial Services - Quarterly Disclosure System

Date 31/03/2022

Questions and answers:]

Q.

I would like to ask you about the review of the quarterly disclosure system that the Prime Minister Kishida often refers to. Upon delivering a policy speech to the Diet last October and at the current Diet session, the Prime Minister mentioned the idea to review the quarterly disclosure system. The Liberal Democratic Party also makes a campaign pledge for the House of Representatives election to review the system for promoting R&D activities and investment in human resources on a long-term basis. Some express concern about the possibility that quarterly disclosure requirements may lead to so-called short-termism, while others say that the system has already been established and rooted and the review might be perceived as a step backwards in Japanese companies' information disclosure. While this issue will be earnestly discussed at the Financial System Council from now, please provide your view at present regarding why the review of the quarterly disclosure system is necessary at this point in time and about a forecast of future discussions.

Japan Exchange Group: Medium-Term Management Plan 2024

Date 31/03/2022

Basic Policy of the Medium-Term Management Plan 2024

• A three-year plan from FY2022 has been developed as the first stage of progress towards Target 2030. 
• We will utilize new frameworks including JPX Market Innovation & Research to take proactive action on building the foundations of the global, comprehensive finance and information platform “G-HUB”

The Hong Kong Green And Sustainable Finance Cross-Agency Steering Group Welcomes The Publication Of The International Sustainability Standards Board Proposed Standards For Public Consultation

Date 31/03/2022

The Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) welcomes today’s publication of the proposed general requirements for disclosure of sustainability-related financial information and the climate disclosure requirements by the International Sustainability Standards Board (ISSB). The ISSB is seeking feedback through a public consultation process and aims to finalise the standards by the end of 2022. The Steering Group would like to encourage the financial sector, listed companies and all interested stakeholders to participate in the ISSB consultation.

Securities And Exchange Surveillance Commission Of Japan Chaired The IOSCO APRC Enforcement Directors’ Meeting

Date 31/03/2022

Enforcement directors of securities regulators from the International Organization of Securities Commission (IOSCO)’s Asia-Pacific Regional Committee (APRC) met in a virtual format on March 10th, 2022. The Securities and Exchange Surveillance Commission of Japan (SESC) chaired and organized the meeting.

ASIC Extends Relief For Retirement Estimates

Date 31/03/2022

ASIC has extended the relief for superannuation trustees who give their members retirement estimates on a periodic statement.

JPX Group Publishes Human Rights Policy

Date 31/03/2022

On March 31, 2022, Japan Exchange Group, Inc. (JPX) published its Human Rights Policy.