News Centre

SGX RegCo Reports Irregularities In Vibrant Group Limited’s Subsidiary, Blackgold International Holdings Pty. Ltd, To Relevant Authorities, Requires SGX-Listed Companies To Consult SGX RegCo Before The Appointment Of Any Blackgold Management

Date 14/08/2020

Singapore Exchange Regulation (SGX RegCo) refers to Vibrant Group Limited’s announcement of 24 January 2019 on the special audit report prepared by Ernst & Young Advisory Pte Ltd (EY). 

Pico Strengthens Its Global Data Center Presence With New Taiwan Colocation Facility - Pico To Interconnect All Financial Markets In APAC, Through Its Connectivity Presence And On-Net Offering

Date 14/08/2020

Pico, a leading provider of technology services for the financial markets community, today announced a new managed colocation facility at Chunghwa Telecom’s CHT Taipei IDC in Banqiao, New Taipei City.  Pico is providing its own local Intellihands service in CHT Taipei IDC as well as for the Taiwan Stock Exchange (TWSE) data center.  Connectivity to TWSE, Taiwan Futures Exchange (TAIFEX), and the Taipei Exchange (TPEx) will be offered in the future to clients hosting in CHT Taipei IDC.

Response To " Monetary Authority Of Singapore Request Of Banks Not Fair To Retail Investors" - The Straits Times, 10 August 2020

Date 14/08/2020

Dear Editor,

We thank Mr Rajagopalan Krishnamoorthy for his feedback on the dividend restrictions on local banks announced by the Monetary Authority of Singapore (MAS) on 29 July 2020 (“MAS request of banks not fair to retail investors”, 10 August 2020).

CFFEX: Notice On Delivery Of Equity Index Futures And Options Contracts

Date 14/08/2020

Pursuant to the Trading Rules of China Financial Futures Exchange and relevant detailed implementation rules, the last trading day of a CSI 300 Index futures, SSE 50 Index futures, CSI 500 Index futures, and CSI 300 Index options contract is the third Friday of the expiry month. Where the last trading day is a public holiday or trading of that contract is suspended on that day for extraordinary situations or other reasons, the last trading day shall be postponed to the following trading day. Accordingly, the last trading day of IF2008, IH2008, IC2008, and IO2008 (CSI 300 Index options contracts expiring in Aug 2020) is Aug 21, 2020.

Moscow Exchange: The Additional Trading Session Starts Later For Derivatives Market On 2, 3, 9, 10, 16, 17, 23, 24, 25, 30 September 2020

Date 14/08/2020

Please note that the Derivatives Market evening trading session will begin five minutes later, i.e. at 7:05 pm MSK, on  2, 3, 9, 10, 16, 17, 23, 24, 25, 30 September 2020, as these are the last trading days for options contracts (in accordance with clause 6.2 of the Rules of organized trading for the Moscow Exchange Derivatives Market).

Shanghai International Energy Exchange Has Released Its Notice On Requesting Public Comments On The Market-Making Management Rules Of Shanghai International Energy Exchange

Date 14/08/2020

Shanghai International Energy Exchange has released its Notice on Requesting Public Comments on the Market-Making Management Rules of Shanghai International Energy Exchange as follows: 

In accordance with the Regulations on the Administration of Futures Trading, the Measures on the Administration of Futures Exchange and other relevant laws and regulations, the Shanghai International Energy Exchange has amended the Market-Making Management Rules of Shanghai International Energy Exchange (for Public Consultation), and requests public comments on the rules.

Matthew Weitz, Associate Managing Director, Kroll, Comments On Growth In Internal Fraud

Date 14/08/2020

Following on from the release of CIFAS’ Fraudscape report earlier this week, Matthew Weitz, Associate Managing Director at Kroll, a division of Duff & Phelps, outlines how empowering internal audit is one of the key ways to tackle the growing fraud problem.

Fourth Meeting Of The UK Prudential Regulation Authority And UK Financial Conduct Authority’s Joint Climate Financial Risk Forum

Date 14/08/2020

The Climate Financial Risk Forum (CFRF) met for a fourth time in July 2020.

ETFGI Reports Assets In ETFs And ETPs Listed In Europe Reach A New Record Of US$1.08 Trillion At The End Of July 2020

Date 14/08/2020

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that assets in ETFs/ETPs listed in Europe reach a new record of US$1.08 trillion at the end of July.  ETFs and ETPs listed in Europe reported net inflows of US$17.47 billion during July, bringing year-to-date net inflows to US$50.14 billion which is less than the US$62.65 billion gathered at this point last year.  Assets invested in the European ETFs/ETPs industry have increased by 7.7%, from US$1.01 billion at the end of June, to US$1.08 trillion, according to ETFGI's July 2020 European ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Hong Kong Securities And Futures Commission Issues Restriction Notices To Two Brokerages To Freeze Accounts Of Client Involved In Suspected Corporate Misconduct

Date 14/08/2020

The Securities and Futures Commission (SFC) has issued restriction notices to China Gather Wealth Financial Company Limited (China Gather Wealth) and Power Securities Company Limited (Power Securities), prohibiting them from dealing with or processing certain assets held in the client accounts which are beneficially owned by an individual who is suspected of committing misconduct and breaching his duties towards a listed company.