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News Centre
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Finalisation Of Japan’s Stewardship Code (Third Revision)
Date 26/06/2025
1. Revised Stewardship Code and the result of the public consultation
The Expert Panel on the Stewardship Code (hereafter, the “Panel”) (Chairman: Hiroyuki Kansaku, Professor, Gakushuin University, Faculty of Law), discussed to review the “Principles for Responsible Institutional Investors ≪Japan’s Stewardship Code≫” (hereafter, the “Code”) starting from October 2024.
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Shanghai Gold Exchange Launches Hong Kong Certified Vault
Date 26/06/2025
In order to fulfill the "Action Plan for Further Facilitating Cross-Border Financial Services in Shanghai International Financial Center," on June 26, 2025, Shanghai Gold Exchange officially launched the International Board certified vault in Hong Kong, and also launched gold trading contracts for delivery in Hong Kong. On the first day, multiple domestic and foreign institutions successfully completed transactions.
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Hong Kong Securities And Futures Commission: Court Sets Out Buy-Out Offer Details For Sound Global’s Former Chairman To Purchase Shares From Minority Shareholders
Date 26/06/2025
The Court of First Instance has determined the buy-out offer details for former chairman and executive director of Sound Global Ltd. (Sound Global), Mr Wen Yibo, to purchase shares in the company held by minority shareholders. The court decision came after Wen was found to have orchestrated a scheme to falsify Sound Global’s bank balances and fabricate bank statements and balance confirmations.
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Fintech Startup Lana Raises Funds To Back APAC Corporates In Cutting Energy And Carbon Costs - Liminal, A Venture Creation Group Founded By Temasek, And Twynam Investments Join Lana To Accelerate Energy Transition Financing
Date 26/06/2025
Lana, a pioneering finance platform for corporate decarbonization, today announced the successful closure of its first funding round from Liminal, a venture creation group founded by Temasek and Twynam Investments. The platform addresses the urgent challenge facing APAC CFOs: rising energy costs and looming carbon taxes that threaten corporate margins as the region transitions to new energy models.
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ASX Welcomes ASIC Inquiry Panel Appointments
Date 26/06/2025
ASX acknowledges today’s announcement by the Australian Securities and Investments Commission (ASIC) of the appointment of panel members to examine the frameworks and practices within ASX Group in relation to governance, capability and risk management.
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Tokyo Stock Exchange And KCJ GROUP: Limited-Time “Stock Exchange” Pavilion Coming Soon To KidZania Tokyo
Date 26/06/2025
Tokyo Stock Exchange, Inc. (TSE) and KCJ GROUP INC. (KCJ GROUP), which produces activities and operates the children's job and social experience facility KidZania, will open a limited-time "Stock Exchange" establishment at KidZania Tokyo from Tuesday, July 22, 2025, to Monday, July 28, 2025.
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ASIC Appoints Expert Panel For ASX Inquiry
Date 26/06/2025
ASIC today announced it has appointed three panel members to conduct its Inquiry into Australian Securities Exchange (ASX) group.
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Monetary Authority of Singapore Response To Letter “Stronger Safeguards Needed For Inter-Bank Transfers” - The Straits Times, 20 June 2025
Date 26/06/2025
We refer to the Forum letter by Chan Cheng Lock (“Stronger safeguards needed for inter-bank transfers”, June 20).
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New Zealand Financial Markets Authority Cancels Filcare Services Limited’s Financial Advice Provider Licence
Date 26/06/2025
The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has cancelled Filcare Services Limited’s (Filcare) Financial Advice Provider licence, at its request.
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SEC Extends Compliance Date To Help Broker-Dealers Fully Test And Implement Daily Reserve Computation Requirement
Date 25/06/2025
The Securities and Exchange Commission today voted to extend the compliance date to June 30, 2026, for the amendments to Rule 15c3-3 (the broker-dealer customer protection rule) that the Commission adopted on Dec. 20, 2024. The amendments require certain broker-dealers to increase the frequency of required reserve computations under Rule 15c3-3 from weekly to daily. The compliance date for these required daily reserve computations was originally Dec. 31, 2025.