News Centre

Thematic Reviews By ASIC And Hong Kong Securities And Futures Commission Of The Foreign Exchange (FX) Activities Of Global Financial Groups

Date 27/01/2022

The Australian Securities & Investments Commission (ASIC) and the Securities and Futures Commission (SFC) today issued a joint circular highlighting observations from their collaborative reviews of FX activities conducted by global financial groups in their respective jurisdictions. The reviews focused on the participants’ (Note 1) internal controls and compliance with the applicable rules and regulations, as well as their adoption of the relevant industry guidelines (eg, the FX Global Code) (Note 2). Details about the regulators’ observations and good industry practices are provided in the circular and its annexes.

Moscow Exchange: Risk Parameters Change For The Security TER-RM

Date 27/01/2022

Please follow the links below to access the information:

Risk parameters change for the security TER-RM
Risk parameters change for the security TER-RM

Dubai Financial Services Authority Action Against Abraaj founder, Mr Arif Naqvi, And Former COO, Mr Waqar Siddique, Referred To Financial Markets Tribunal

Date 27/01/2022

The Dubai Financial Services Authority (DFSA) has today published Decision Notices taking action against Mr Arif Masood Naqvi (Mr Naqvi) and Mr Waqar Siddique (Mr Siddique) for serious failings in respect of the Abraaj Group.

Monetary Authority Of Singapore Obtains Civil Penalty Default Judgment Against Mr Liao Chun-Te For Insider Trading

Date 27/01/2022

The Monetary Authority of Singapore (MAS) has obtained a default judgment against Mr Liao Chun-Te (Mr Liao) to pay a civil penalty of $164,750 for insider trading. Mr Liao had sold shares in Oceanus Group Limited (Oceanus) while in possession of non-public and materially price-sensitive information concerning a proposed rights issue by Oceanus. 

Shanghai Stock Exchange Issues Bond Trading Rules And Guidelines For Better Mechanism Construction Of Secondary Bond Market

Date 27/01/2022

Formulated and issued by the Shanghai Stock Exchange (SSE), the Rules of the Shanghai Stock Exchange for Bond Trading and 3 sets of applicable supporting guidelines (hereinafter collectively referred to as the “Bond Trading Rules and Guidelines”), which will come into effect officially on April 25, aim to further deepen the reform of the bond trading system, enhance the liquidity of the secondary market, regulate the bond trading operations, and promote the sustainable and healthy development of the exchange-traded bond market. Based on the development principles of the bond market, the release of the Bond Trading Rules and Guidelines serves as an important measure to further implement the overall requirements for the high-quality development of the SSE’s bond market. The new Bond Trading Rules and Guidelines will bring their functions into play through the platforms such as the previously launched new bond trading system. So far, the SSE has formally established a relatively independent and sound system of bond trading and trading rules.

SET Jointly With Alliances Promotes Financial Knowledge And Enhances Savings Discipline For Happy Retirement

Date 27/01/2022

The Stock Exchange of Thailand (SET) has entered into a Memorandum of Understanding (MoU) with the Electricity Generating Authority of Thailand (EGAT), the Provincial Electricity Authority (PEA), the Metropolitan Electricity Authority (MEA) and the Association of Provident Funds (AOP) to provide over 150,000 staff, and members and committees of their provident funds with knowledge about financial and investment planning. The collaboration is part of SET’s commitment to promote financial literacy among Thai people, particularly via “Happy Money” project. 

Nasdaq, Inc. Announces $325 Million Accelerated Stock Repurchase Program

Date 26/01/2022

Nasdaq, Inc. (the “Company”) (Nasdaq: NDAQ) today announced that it has entered into an accelerated stock repurchase agreement (“ASR”) with Goldman Sachs & Co. LLC (“Goldman Sachs”), to repurchase $325 million of the Company’s common stock. The ASR was entered into pursuant to the Company’s share repurchase program, under which $784 million remained available as of January 25, 2022.

ISDA And IIF Respond To BCBS/CPMI/IOSCO Consultation On Margin Practices

Date 26/01/2022

ISDA and the Institute of International Finance (IIF) welcome the consultative report Review of Margining Practices. The Associations appreciate the large amount of data shared by BCBS, CPMI and IOSCO. The report paints a very accurate picture of the events of 2020 in relation to margin practices.

NYSE Group Consolidated Short Interest Report

Date 26/01/2022

NYSE today reported short interest as of the close of business on the settlement date of January 14, 2022.

Nasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date January 14, 2022

Date 26/01/2022

At the end of the settlement date of January 14, 2022, short interest in 3,219 Nasdaq Global Market^SM securities totaled 9,093,765,057 shares compared with 8,918,375,713 shares in 3,160 Global Market issues reported for the prior settlement date of December 31, 2021. The mid-January short interest represents 3.10 days compared with 2.48 days for the prior reporting period.