News Centre

SEC Charges Fixed Income Clearing Corp. With Having Inadequate Risk Management Policies

Date 29/10/2021

The Securities and Exchange Commission today announced that Fixed Income Clearing Corporation (FICC), a clearing agency, has agreed to pay an $8 million penalty to settle SEC charges that it failed to have adequate risk management policies within its Government Securities Division.   

HKEX: Exchange Publishes Consultation Paper On Proposed Amendments To Listing Rules Relating To Share Schemes Of Listed Issuers

Date 29/10/2021

• Feedback is sought during a two-month consultation period on Listing Rule changes to enhance the regulation of share schemes of listed issuers and their subsidiaries
• Current Rules apply only to share option schemes; proposal extends Rules to govern all share schemes involving grants of share awards and grants of options to acquire new shares of issuers

Saxo Bank Appoints Brit Kannegaard Johannessen As New CHRO

Date 29/10/2021

Brit Kannegaard Johannessen will be joining Saxo Bank as the new Chief Human Resources Officer (CHRO). She will become a member of the bank’s Executive Team and report directly to Kim Fournais, CEO & founder. Brit will start in the role in spring 2022.

HKEX Celebrates Success With Hong Kong Olympians

Date 29/10/2021

• Gong-strike ceremony to open afternoon trading to recognise outstanding achievements of Hong Kong’s Olympians
• HKEX Foundation donates $500,000 to the Sports Legacy Scheme to promote sports among under-privileged families

Monetary Authority Of Singapore’s Cyber Security Advisory Panel Proposes Ways To Strengthen Security In IT Supply Chains, Online Banking, And Blockchains

Date 29/10/2021

The Monetary Authority of Singapore’s (MAS) Cyber Security Advisory Panel (CSAP) [1] , comprising experts in cyber security from around the world, provided insights on how MAS and financial institutions (FIs) can bolster their cyber defences. At its fifth annual meeting, held virtually on 26 and 27 October 2021, the Panel supported the adoption of “zero-trust” security principles and architecture to tackle advanced cyber threats and IT supply chain attacks. In addition, the panel also discussed cyber risks and mitigating actions in emerging technologies like blockchains and digital currencies.

ETFGI Reports ESG ETFs And ETPs Listed Globally Gathered A Record US$119 Billion US Of Net Inflows In The First 9 Months Of 2021

Date 29/10/2021

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reports ESG ETFs and ETPs listed globally gathered a record US$119 billion of net inflows in the first 9 months of 2021.   Environmental, Social, and Governance (ESG) ETFs and ETPs listed globally gathered net inflows of US$9.83 billion during September, bringing year-to-date net inflows to US$118.94 billion which is much higher than the US$47 billion gathered at this point last year. Total assets invested in ESG ETFs and ETPs decreased by 1.3% from US$327 billion at the end of August 2021 to US$324 billion, according to ETFGI’s September 2021 ETF and ETP ESG industry landscape insights report, a monthly report which is part of an annual paid-for research subscription service.  (All dollar values in USD unless otherwise noted.) 

Worldline Shares Its Vision On Payments Experience Trends In 2030

Date 29/10/2021

Worldline, the European leader in payments and transactional services, publishes its report ‘Navigating Digital Payments’ which was created by its team of Scientific Community experts. The report outlines Worldline’s vision of how payments may look in 2030, based on analysis and predictions of future payment trends.

Moscow Exchange: Risk Parameters Change On Securities And Derivatives Market

Date 29/10/2021

1. CCP NCC is changing the following risk parameters on Securities market starting from November 01, 2021:

FSB - Lessons Learnt From The COVID-19 Pandemic From A Financial Stability Perspective: Final Report

Date 29/10/2021

The Italian G20 Presidency asked the FSB to identify preliminary lessons for financial stability from the COVID-19 pandemic.

Moscow Exchange Risk Parameters Change For The Security WDC-RM

Date 29/10/2021

As per the Securities market risk parameters methodology, on 29.10.2021, 11-06 (MSK) the lower bound of the price band (up to 3339) and initial margins (up to 26.25 %) for the security WDC-RM were changed. New values are available here