News Centre

Shanghai Gold Exchange Participated In Asia-Pacific Precious Metals Conference And Hosted The "Special Focus - China" Forum

Date 22/06/2021

On June 16 and 17, 2021, Shanghai Gold Exchange (hereinafter referred to as "SGE") participated in the 2021 Asia Pacific Precious Metals Conference and hosted the " Special Focus - China " forum. This conference mainly focused on the topics including current situation and policy changes of Asia-Pacific precious metal markets under the influence of the pandemic, the impact of the pandemic in Southeast Asia gold market, trends in precious metal market development, and the technology applications. Nearly 900 delegates from Southeast Asia government organizations, financial institutions and gold industries joined the conference.

Quoted Companies Alliance: Rising Premiums And Reduced Cover For Directors’ Insurance Raises Serious Concerns

Date 22/06/2021

The QCA’s latest sentiment survey has shown increasing costs and falling cover for directors and officers of smaller quoted companies.

Worldline Partners With Cendyn To Enhance Online Payment Capabilities In The Hospitality Industry - Improving The Booking Experience For Hotel Guests To Meet New Behavioural Patterns

Date 22/06/2021

Worldline [Euronext: WLN], the European market leader in payment and transactional services, today announced its collaboration with Cendyn, a leading innovator in CRM, sales, and revenue strategy in the hospitality industry. Thanks to this partnership, hotels can now include secure e-payment solutions in any automated guest communication based on the seamless integration of Cendyn’s CRM, the hotel’s own PMS (property management system) data and Worldline’s e-payment solution.

Tide To Empower Small Businesses To Optimise Cash Flow With Insights Tool

Date 22/06/2021

• Clear, on-demand, insights to help business owners foresee any financial shortfall
• Access to products to help mitigate payment delays
• Quick and simple access to Tide’s network of credit providers

Digital Cross-Border Remittances To Reach $428 Billion In 2025, As Digital Solutions Prove Resilient During Pandemic - 45% Growth In Transaction Values Between 2021 And 2025

Date 22/06/2021

A new report from Juniper Research has found that digital cross-border remittances will grow from $295 billion in 2021 to $428 billion in 2025, with digital transactions returning to pre-pandemic values by 2022. It found that the digital remittance market has been largely resilient to the global pandemic; forecasting continued growth for digital remittance revenue over the next 5 years.

Shenzhen Stock Exchange Launches Its First Batch Of Infrastructure Public Offering REITs

Date 22/06/2021

On June 21, Shenzhen Stock Exchange (SZSE) launched its first batch of infrastructure public offering REITs. It is another achievement of the capital market in the reform and innovation and a milestone in the development of the capital market, filling in a gap of China in the main category financial product. To convene the launching ceremony in a smooth and orderly way, SZSE strictly followed the latest requirements on epidemic prevention and control to safeguard the site. At the ceremony, those who delivered speeches via video or on site included Vice Mayor of Beijing Yin Yong, Executive Vice Mayor of Guangzhou Chen Zhiying, Vice Mayor of Shenzhen Ai Xuefeng, Director of Dept. of Corporate Bond Supervision of China Securities Regulatory Commission (the CSRC) Chen Fei, Deputy Director-General of the Department of Fixed Asset Investment of National Development and Reform Commission (NDRC) Han Zhifeng, and Chairman of Supervisory Board of SZSE Yang Zhihua. Participants included guests and representatives from the NDRC, State-owned Assets Supervision and Administration Commission of the State Council, the CSRC and its regional offices, relevant government agencies of Beijing, Guangdong and Shenzhen, local financial regulators, market institutions and news media. They attended the ceremony via online channels or in person. The Chairman of SZSE Wang Jianjun, leaders, and heads of relevant departments were present at the ceremony personally to witness this landmark moment.

Monetary Authority Of Singapore Releases Results Of Third Mystery Shopping Exercise – Majority Of Recommended Products Met Customers’ Needs

Date 22/06/2021

The Monetary Authority of Singapore (MAS) today released the findings of its third mystery shopping exercise (MSE). Results from the MSE show that majority of product recommendations made by Financial Adviser (FA) representatives met the mystery shoppers’ investment and protection needs.

CalPERS Names Marlene Timberlake D'Adamo Chief Diversity, Equity, And Inclusion Officer

Date 21/06/2021

Chief Executive Officer (CEO) Marcie Frost today announced that CalPERS has named Marlene Timberlake D'Adamo as its first chief diversity, equity, and inclusion officer (CDEIO), effective immediately. Timberlake D’Adamo has been serving dual roles as chief compliance officer and interim chief diversity, equity, and inclusion officer since June of 2020.

US Department Of Justice: Former Deutsche Bank Commodities Trader Sentenced To Prison For Fraud Scheme

Date 21/06/2021

A former commodities trader was sentenced today in the Northern District of Illinois to 12 months and a day in prison for a scheme to commit wire fraud affecting a financial institution.

The Federal Reserve's Response To The Coronavirus Pandemic, Federal Reserve Chair Jerome H. Powell, Before The Select Subcommittee On The Coronavirus Crisis, U.S. House Of Representatives, Washington, D.C.

Date 21/06/2021

Chairman Clyburn, Ranking Member Scalise, and other members of the Select Subcommittee, thank you for the opportunity to update you on our ongoing measures to address the hardship wrought by the pandemic.