News Centre

Explanatory Brief For Monetary Authority Of Singapore (Amendment) Bill 2021

Date 01/11/2021

1   Mr Tharman Shanmugaratnam, Senior Minister and Minister-in-charge of the Monetary Authority of Singapore (MAS), today moved the Monetary Authority of Singapore (Amendment) Bill 2021 (Bill) for First Reading in Parliament.

Barclays Bank PLC Board Changes: Jes Staley Steps Down As Group Chief Executive - C.S. Venkatakrishnan Takes Over As Group Chief Executive

Date 01/11/2021

Barclays and Mr Jes Staley, Group Chief Executive, were made aware on Friday evening of the preliminary conclusions from the FCA and the PRA of their investigation into Mr Staley's characterisation to Barclays of his relationship with the late Mr Jeffrey Epstein and the subsequent description of that relationship in Barclays' response to the FCA. In view of those conclusions, and Mr Staley's intention to contest them, the Board and Mr Staley have agreed that he will step down from his role as Group Chief Executive and as a director of Barclays. It should be noted that the investigation makes no findings that Mr Staley saw, or was aware of, any of Mr Epstein's alleged crimes, which was the central question underpinning Barclays' support for Mr Staley following the arrest of Mr Epstein in the summer of 2019.

The Association Of National Numbering Agencies: 40 Years Of ISIN - Celebrating 40 Years Of A Global, Common Language Of Financial Instruments Processing

Date 01/11/2021

The Association of National Numbering Agencies (ANNA), a global association dedicated to the support of efficient capital markets through the use of widely embraced International Organization for Standardization (ISO) standards, today announced the 40th anniversary of the ISIN, the International Securities Identification Number, used to uniquely identify financial and referential instruments. 

Insurtech Platform Ripe Announces Majority Investment From Aquiline Capital Partners LLC

Date 01/11/2021

Ripe Thinking Limited ("Ripe"), a UK-based digital underwriting and insurance distribution platform, is pleased to announce that it has entered into a definitive agreement for Aquiline Capital Partners LLC ("Aquiline") to acquire a majority stake in the company. Aquiline is a private investment firm based in New York and London with $6.9 billion in assets under management, specialising in investments at the intersection of technology and finance. Financial terms of the transaction were not disclosed.

UK Financial Conduct Authority And Prudential Regulation Authority Spokesperson Quote In Relation To The Jes Staley Investigation

Date 01/11/2021

The FCA and PRA do not comment on ongoing investigations or regulatory proceedingsbeyond confirming the regulatory actions as detailed in the firms announcement.

SGX To Collaborate With Shanghai Stock Exchange Subsidiary To Bring Securities Market Data To Investors In Mainland China

Date 01/11/2021

Singapore Exchange (SGX) has entered into an agreement with Shanghai Stock Exchange’s (SSE) wholly-owned subsidiary, China Investment Information Services (CIIS), to distribute its securities market data within Mainland China, offering market participants real-time access to prices in Asia’s most international marketplace. 

Tokyo Financial Exchange Trading Volume In October 2021

Date 01/11/2021

(1) FX Daily Futures contracts(Click 365)

The total trading volume of FX Daily Futures contracts (Click 365) was 2,462,610 ( +13.6% MoM / +27.3% YoY ) and its average daily trading volume was 117,271 .

SGX Sees Opportunities In Next-Generation Connectivity Solutions That Enhance Access Into Derivative Markets

Date 01/11/2021

• Invests approximately US$200 million as one of the Limited Partners in a closed-end fund managed by 7RIDGE, that is acquiring global professional trading software provider Trading Technologies
• Trading Technologies expected to accelerate plans to provide seamless and efficient access to the world’s major international exchanges and liquidity venues

Japan Financial Services Agency: Summary Of Results Of The Brief Survey On The Use Of JPY LIBOR

Date 01/11/2021

The JFSA, together with the Bank of Japan, conducted a brief survey on the use of JPY LIBOR. The reference date of this survey is end-September 2021.

Shanghai Stock Exchange: Business Performance Overview Of STAR-Listed Companies For First Three Quarters Of 2021

Date 01/11/2021

As of October 31, 2021, except Semiconductor Manufacturing International Corporation, an A + H red chip company listed in both Shanghai and Hong Kong, 351 companies listed on the STAR Market of the Shanghai Stock Exchange (SSE) disclosed their operating performance information for the first three quarters of 2021 through the third quarter reports, listing announcements and in other forms. In general, focusing on the main business based on the sci-tech innovation, the STAR-listed companies maintained the momentum of high growth in the overall performance in the first three quarters of the year, recording substantial year-on-year increase in operating income and net profits. With their R&D investment remaining at a high level, the STAR-listed companies have turned out to be important practitioners for innovation-driven development, and a high-quality development cluster is emerging in the capital market.