News Centre

Dubai Financial Services Authority Appoints New Chief Executive

Date 29/07/2022

The Board of Directors of the Dubai Financial Services Authority (DFSA) have accepted the resignation of F. Christopher Calabia, effective 31 August 2022. Chris joined the DFSA in October 2021 and is stepping down to return to the United States for family-related reasons.

Shanghai Stock Exchange Officially Issues Detailed Rules For Trading Of Convertible Corporate Bonds And Guidelines For Self-Regulation To Promote High-Quality Development Of Convertible Bond Market

Date 29/07/2022

In order to implement the requirements of the Measures for the Administration of Convertible Corporate Bonds further regulate the business activities of convertible corporate bonds (hereinafter referred to as convertible bonds) of listed companies, promote the high-quality development of the convertible bond market, and protect the legitimate rights and interests of investors, the Shanghai Stock Exchange (hereinafter referred to as the SSE) has, under the overall guidance of the China Securities Regulatory Commission (CSRC), drafted the Shanghai Stock Exchange Detailed Rules for the Implementation of Trading of Convertible Corporate Bonds (hereinafter referred to as the Detailed Trading Rules) and the Guidelines No. 12 of the Shanghai Stock Exchange for Self-regulation of Listed Companies — Convertible Corporate Bonds (hereinafter referred to as the Guidelines for Self-regulation), and solicited public opinions. Overall, the market players showed great support for the institutional framework and main content of these rules, and put forward some comments and suggestions. After careful deliberation, the SSE absorbed and adopted some suggestions and officially issued relevant rules on July 29, 2022.

Shenzhen Stock Exchange Launched Shenzhen-Switzerland Stock Connect First Batch Of SZSE Listed Companies Listed GDRs On SIX

Date 29/07/2022

On July 28, Shenzhen Stock Exchange (SZSE) and SIX Swiss Exchange (SIX) jointly held the listing ceremony for the first batch of global depository receipts (GDRs) under the Stock Connect scheme between China and Switzerland via video link. The GDRs issued by two SZSE-listed companies, GEM Co., Ltd. (GEM) and Gotion High-tech Co., Ltd. (Gotion), were successfully listed on the SIX.

UK Financial Conduct Authority Regulation Boosts Consumer Protection In The Funeral Plans Market

Date 29/07/2022

From today, the FCA will regulate pre-paid funeral plans, following legislation passed by Parliament. The FCA is authorising 26 providers. Together these firms hold approximately 1.6 million plans, which make up 87% of the market.

Zhengzhou Commodity Exchange: Notice On Collecting Order Fees For Trading Certain Futures Contracts

Date 29/07/2022

According to Article 27 of the Detailed Rules for Futures Clearing of Zhengzhou Commodity Exchange, the Exchange has decided upon discussion to collect order fees on Methanol, White Sugar, Rapeseed Oil, Rapeseed Meal, Polyester Staple Fiber, Peanut Kernel futures contracts and to adjust order fees of PTA futures contracts from the night trading session of August 4, 2022.

Shanghai International Energy Exchange Has Released Its Announcement On The Adjustment Of The Settlement Price For Low Sulfur Fuel Oil Futures LU2208 Contract

Date 29/07/2022

Shanghai International Energy Exchange has released its Announcement on the Adjustment of the Settlement Price for Low Sulfur Fuel Oil Futures LU2208 Contract  as follows:

In accordance with the Article 35 of the Clearing Rules of the Shanghai International Energy Exchange, the settlement price for low sulfur fuel oil futures LU2208 contract today is adjusted to 4501 RMB per ton.

Monetary Authority Of Singapore And The International Financial Services Centre Authority Exchange Memorandum Of Understanding On Supervisory Cooperation

Date 29/07/2022

International Financial Services Centre Authority (IFSCA) and the Monetary Authority of Singapore (MAS) today exchanged a Memorandum of Understanding (MOU) on supervisory cooperation, in the presence of the Honourable Prime Minister of India Shri. Narendra Modi at GIFT City, Gandhinagar, India.

Shanghai International Energy Exchange Has Released Its Notice On Adjusting Order Fees On Futures And Option Contracts Based On Client Message Amount

Date 29/07/2022

Shanghai International Energy Exchange has released its Notice on Adjusting Order Fees on Futures and Option Contracts Based on Client Message Amount as follows:

Speech By Loh Boon Chye, CEO, SGX Group At Sina Finance's China Carbon Neutral Summit On 12 July 2022

Date 29/07/2022

INTRODUCTION 

1. First of all, thank you to 新浪财经 for inviting SGX Group to this China Carbon Neutral Summit, to share our thoughts and role, in the global race to net zero. 

First Infrastructure REITs In Clean Energy Field List On Shenzhen Stock Exchange

Date 29/07/2022

On July 26, “Penghua Shenzhen Energy REIT”, the first infrastructure REITs in the clean energy field in China, was successfully listed on SZSE. It’s an embodiment of SZSE’s implementation of the “carbon peak and carbon neutrality” strategy of the CPC Central Committee and the State Council and the requirements of the 14th Five-year Plan. It is also a pragmatic measure of SZSE to give full play to the function of publicly offered REITs securitization, promote positive circulation of existing assets and new investments in the clean energy field, and support economic and social transformation and development.