News Centre

Bursa Malaysia Securities Sector And Sub-Sector Update : Supercomnet Technologies Berhad

Date 06/01/2021

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector and sub-sector for SUPERCOMNET TECHNOLOGIES BERHAD (“SCOMNET”) to come into effect on 9.00 a.m., Monday, 11 January 2021.

Veritas Initiative Addresses Implementation Challenges In The Responsible Use Of Artificial Intelligence And Data Analytics

Date 06/01/2021

The Monetary Authority of Singapore (MAS) today announced the successful conclusion of the first phase of the Veritas initiative which saw the development of the fairness assessment methodology in credit risk scoring and customer marketing.  These are the first two use cases to help financial institutions validate the fairness of their Artificial Intelligence and Data Analytics (AIDA) solutions according to the Fairness, Ethics, Accountability and Transparency (FEAT) principles. The Veritas Consortium,  comprising MAS and industry partners, also published whitepapers on the fairness assessment methodology and the open source code   of these two use cases.

Shenzhen Stock Exchange Weekly Bulletin 4 Jan, 2021, Issue 36

Date 06/01/2021

Click here to download  theSZSE Weekly Bulletin 4 Jan, 2021, issue 36.

The Saudi Arabia Capital Market Authority (CMA) Grants A Financial Technology Experimental Permit (FinTech ExPermit) To Sarwa To Experiment Robo-Advisory Service

Date 06/01/2021

Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 2/6/1424H, and reference to the Financial Technology Experimental Permit Instructions issued by CMA in 10/01/2018, which aims to provide a regulatory framework that is conducive for the innovation of Financial Technology (FinTech) in the capital market within the Kingdom. In relation to this, the CMA Board of Commissioners issued its resolution to grant Sarwa a Financial Technology Experimental Permit (ExPermit) to experiment Robo-Advisory Service.

Shenzhen Stock Exchange Spokesperson Answers Reporters’Questions On Announcement Of Relevant Rules Concerning Delisting

Date 06/01/2021

On 31 December, 2020, SZSE officially released the Rules Governing Share Listing (2020 Revision), the Rules Governing the Listing of Shares on the Chinext of Shenzhen Stock Exchange, the Trading Rules of SZSE and Implementation Measures of Shenzhen Stock Exchange for the Relisting of Delisted Companies (collectively, the New Delisting Rules), which shall be implemented as of the date of issuance. SZSE spokesperson has answered questions of market concern from reporters.

CFTC Financial Data For Futures Commission Merchants Update

Date 05/01/2021

Futures commission merchants (FCMs) and retail foreign exchange dealers (RFEDs) must file monthly financial reports with the CFTC's Division of Swap Dealer and Intermediary Oversight (DSIO) within 17 business days after the end of the month. Selected financial information from these reports is published below. The most recent month-end information generally is added within 12 business days after FCMs and RFEDs file their reports, but occasionally may be added later. For example:  The 17th business day filing “due date" for February 28, 2015 financial reports was March 25, 2015.  The 12 business day target for posting these data was April 10, 2015.

ESMA: Publication Of Financial Instruments Reference Data After The End Of The Brexit Transition Period

Date 05/01/2021

FESE Response To The ESMA Consultation On Fees For Data Reporting Service Providers (DRSP)

Date 05/01/2021

FESE fully agrees with the objectives of the ESAs review to reduce supervisory fragmentation and costs and ensure the same quality and reliability of data across the EU. Whilst we acknowledge ESMA’s intention to centralise the authorisation and supervision of DRSPs, there are some fundamental issues with the proposed fee framework which require further consideration.

Moscow Exchange: Risk Parameters Change For The Security XOM-RM

Date 05/01/2021

As per the Securities market risk parameters methodology, on 05.01.2021, 21-14 (MSK) the upper bound of the price band (up to 3461) and initial margins (up to 21.88 %) for the security XOM-RM were changed. New values are available here

Archax Strengthens Operational Team In Preparation For Launch Appoints Former BEQUANT And CME Europe exec, Richard Shade, As Head Of Operations

Date 05/01/2021

Archax, the forthcoming FCA regulated digital asset exchange, brokerage and custodian, today announced the appointment of Richard Shade as Head of Operations as it prepares for launch. Shade was most recently Head of Custody at crypto exchange BEQUANT and before that was Head of Operations at CME Europe – the CME Group’s UK RIE (Regulated Investment Exchange). He also brings strong institutional operational experience from roles at NYSE Liffe and Bank of Tokyo Mitsubishi, as well as start-up experience from blockchain business UWINCorp.