News Centre

Monetary Authority Of Singapore Proposes To Introduce Due Diligence Requirements For Corporate Finance Advisers

Date 15/12/2021

The Monetary Authority of Singapore (MAS) today published a consultation paper to raise the standards of conduct of corporate finance (CF) advisers by introducing baseline requirements for due diligence work performed. These requirements will improve the quality of disclosures from entities seeking to raise funds from the public, thus allowing investors to make informed decisions.

Japan Financial Services Agency: Information On COVID-19 (Novel Coronavirus)

Date 15/12/2021

* Update of the English website may take a little time. For the latest information, please refer to our Japanese website.

Hong Kong Securities And Futures Commission Reprimands And Fines Mason Securities Limited $3.6 Million For Breaches Of Anti-Money Laundering Regulatory Requirements

Date 15/12/2021

The Securities and Futures Commission (SFC) has reprimanded Mason Securities Limited (MSL), formerly known as GuocoCapital Limited (GCL), and fined it $3.6 million for failing to ensure proper certification of client identity before approving account opening and have in place controls for the identification of third party deposits, contrary to anti-money laundering and counter-terrorist financing regulatory requirements.

Moscow Exchange: Risk Parameters Change For The Security SNGS

Date 15/12/2021

As per the Securities market risk parameters methodology, on 15.12.2021, 12-11 (MSK) the upper bound of the price band (up to 997.8) and initial margins (up to 21.25 %) for the security VKCO were changed. New values are available here

Plato Partnership And FICC Markets Standards Board (FMSB) Announce Collaboration

Date 15/12/2021

Plato Partnership and FMSB have today announced an agreement to co-operate on Fixed Income, Currencies and Commodities (“FICC”) academic research via Plato’s Market Structure Academic Research programme (“MI3”).

Shanghai Gold Exchange: Notification On NYAuTN12 Settlement Price

Date 15/12/2021

15 December 2021 is the settlement date of NYAuTN12, please find the settlement price below:

NYAuTN12 settlement price: 361.40 Yuan/gram.

Monetary Authority Of Singapore: Measures To Cool The Property Market

Date 15/12/2021

1   The Government announced today a package of measures to cool the private residential and HDB resale markets. With effect from 16 December 2021, Additional Buyer’s Stamp Duty (ABSD) rates will be raised, and the Total Debt Servicing Ratio (TDSR) threshold will be tightened. The Government will also tighten the LTV limit for loans from HDB from 90% to 85%. In addition, the Government will increase public and private housing supply to cater to demand.

VT5 Becomes First SPAC To List At SIX

Date 15/12/2021

Today, the class A equity shares and redeemable warrants of VT5 Acquisition Company AG were traded at SIX Swiss Exchange for the first time. This listing marks the first Special Purpose Acquisition Company (SPAC) IPO in Switzerland.

Moscow Exchange: Risk Parameters Change For The Security SNGS

Date 15/12/2021

Please follow the links below to access the information:

Risk parameters change for the security SNGS
Risk parameters change for the security SNGS

High-Level Working Group Calls On ECB Governing Council To Turn Around Monetary Policy - Stoiber And Steinbrück: "European Central Bank Must Now Signal An End To Ultra-Loose Monetary Policy" / Government Bond Purchases Must Be Promptly Scaled Back/ The German Bundestag Is Now Also Being Called Upon / Current Monetary Policy Is Socially Detrimental

Date 15/12/2021

On the occasion of the meeting of the ECB Governing Council on 16 December 2021, a high-level working group headed by former prime ministers and candidates for chancellor Peer Steinbrück and Edmund Stoiber is calling on the European Cen-tral Bank to do more to reduce the increasing inflation rate. Stoiber and Steinbrück: "The ECB is neglecting its fundamental task of maintaining price stability by not ad-justing its ultra-loose monetary policy despite rising inflation rates. Contrary to the ECB's assumption that the trend is temporary, there is a high risk that inflation ex-pectations will become entrenched, thus driving inflation further." The resignation of the leading voice for stability in the ECB Governing Council, Bundesbank President Weidmann, should serve as a warning, they said. "We expect the ECB Governing Council to send a clear signal for a turnaround in monetary policy at its meeting and as a first step to substantially reduce bond purchases." Stoiber and Steinbrück call on the German Bundestag to critically monitor the ECB's activities. It is open to question, they said, whether the ECB is still acting within the scope of its monetary-policy authority or is already actively conducting economic and fiscal policy. However, assuming such a guiding function would not be in line with its mandate and would not be democratically legitimized.