News Centre

Federal Court Rules In Securities Commission Malaysia’s Favour Relating To AOB’s Enforcement Action Against Audit Firm

Date 18/08/2022

The Federal Court, on 17 August 2022, unanimously ruled in favour of the Securities Commission Malaysia (SC) and dismissed the application for leave to appeal by an audit firm Afrizan Tarmili Khairul Azhar (AFTAAS) and its partners, namely Datuk Mohd Afrizan bin Husain, Haji Tamili bin Dulah Kusni and Khairul Azahar bin Ariffin.

ASX Limited Full-Year Results To 30 June 2022 (FY22)

Date 18/08/2022

Financial highlights relative to the prior comparative period (FY21) based on Group segment reporting

• Solid result with operating revenue up 7.5% to $1,022.7m and profit after tax up 5.7% to $508.5m 
• Reflects strength of diversified business, driven by growth in listings and equity-related activities partly offset by lower futures volumes 
• Higher dividend in line with increased profit – up 5.7% to 236.4cps and 90% payout ratio maintained 
• Investment in technology continues, improving resilience and providing opportunities for future growth 
• Renewed strategy focus on customers, technology transformation, financial system stability, sustainability, and people and culture

SEC Charges Barred Broker And His Company With Defrauding Older Americans - Defendant Promised Hefty Returns While Spending Investors’ Money On Luxury Goods

Date 17/08/2022

The Securities and Exchange Commission today charged Global Business Development and Consulting Corp. (Global) and its owner, Anthony J. Mastroianni, Jr., in connection with a $1.2 million fraudulent promissory note scheme targeting older Americans.

Working Women In The Pandemic Era, Federal Reserve Governor Michelle W. Bowman, At Arkansas Women's Commission Meeting, Russellville, Arkansas

Date 17/08/2022

It's a pleasure to be with you today to talk about a subject that I experience directly—women's labor force participation. I come to this issue with a similar perspective to this Commission, being from a heavily rural state and a small farming and ranching community deep in the Flint Hills of Kansas. But I also have roots here in Arkansas, my husband's family is from Hardy, and my father's mother was from Little Rock. It's really nice to be back in an area where I spent a lot of time growing up.

CFTC Staff Extends Temporary No-Action Letter Regarding Capital And Financial Reporting For Certain Non-U.S. Nonbank Swap Dealers

Date 17/08/2022

The Commodity Futures Trading Commission’s Market Participants Division (MPD) today announced it has issued a temporary no-action letter extending CFTC Staff Letter No. 21-20 to nonbank swap dealers (SDs) domiciled in foreign jurisdictions that are the subject of a pending CFTC review for comparability determinations regarding capital and financial reporting requirements.

Minutes Of The Federal Open Market Committee, July 26–27, 2022

Date 17/08/2022

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on July 26–27, 2022.

Sterling Trading Tech Adds FX And Crypto Asset Classes To Its Advanced Risk And Margin System

Date 17/08/2022

Sterling Trading Tech (STT), a leader in technology solutions for the capital markets, today announced the addition of the FX and Crypto asset classes to its industry-leading risk and margin system.

ISDA IQ: Strengthening Markets – IQ August 2022

Date 17/08/2022

Derivatives play a critical role in supporting vibrant capital markets, enabling market participants to alleviate uncertainty, transfer risk and enhance returns. By allowing companies to lock in the cost of issuing debt or create certainty in the exchange rate at which they can convert future overseas revenues, derivatives enable firms to lend, borrow and invest with confidence.

FSB Annual Financial Report: 2021-22

Date 17/08/2022

This report contains the audited financial statements of the FSB, for the 12-month period from 1 April 2021 to 31 March 2022. It also provides details on the FSB governance arrangements and its transparency and accountability mechanisms.

Technology, Innovation, And Financial Services, Federal Reserve Governor Michelle W. Bowman, At The VenCent Fintech Conference, Little Rock, Arkansas

Date 17/08/2022

Thank you, Commissioner Marshall, for the invitation to speak to you today. It's really a pleasure to be here, finally in person at the Venture Center.1 Much has happened over the past few years, and I have been following your work closely.