News Centre

ESMA Tells Fund Managers To Improve Readiness For Future Adverse Shocks

Date 13/11/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published a Report on the preparedness of investment funds with significant exposures to corporate debt and real estate assets, for potential future adverse liquidity and valuation shocks. The Report identifies five priority areas for action which would enhance the preparedness of these fund categories.

SIX Exchange Regulation: Delisting Pargesa Holding AG, Geneva

Date 13/11/2020

Pargesa Holding AG has requested that all of its listed bearer shares (Swiss Security Number 2’178’339 / ISIN CH0021783391) with a nominal value of CHF 20.00 will be delisted from SIX Swiss Exchange. SIX Exchange  Regulation  AG  (SER)  has  approved  the  companies’  application  on 12 November 2020. The decision regarding the delisting of Pargesa Holding AG is available on the Website of SER.

Association Of Banks In Singapore And SGX RegCo Enhance Due Diligence Standards

Date 13/11/2020

The Association of Banks in Singapore (ABS) announced today an enhancement of the ABS Listings Due Diligence Guidelines, which have been revised in close collaboration with Singapore Exchange Regulation (SGX RegCo) to raise standards of due diligence conducted on companies planning to list on Singapore Exchange (SGX).  

2020 In Review And COVID-19 Recovery - Speech By Sean Hughes, ASIC Commissioner, At The Australian Retail Credit Association Conference, 13 November 2020.

Date 13/11/2020

Thank you for the introduction Mike and good morning everyone.

I would like to acknowledge the Traditional Owners of the lands upon which we meet; and pay my respects to Elders past, present and emerging.

FTSE - The Inside Story By Mark Makepeace, Founder And Former CEO, FTSE Russell Group - Herbie Skeete

Date 12/11/2020

I have known Mark Makepeace for over 35 years. I was at Reuters and Mark was at the London Stock Exchange (LSE). 

Statement On Staff Bulletin Related To Risks Associated With Offshore Omnibus Accounts Transacting In “Penny Stocks” And Other Low-Priced U.S. Securities, SEC Chairman Jay Clayton, Nov. 12, 2020

Date 12/11/2020

Today, the Division of Trading and Markets published a staff bulletin highlighting for broker-dealers various risks to our markets and our investors arising from certain transactions in “penny stocks” and other low-priced securities. In particular, the Commission has found that wrongdoers engage in fraud and other illicit activities involving low-priced securities through omnibus accounts maintained by foreign financial institutions. The staff bulletin reminds broker-dealers of common fact patterns and red flags and discusses their obligations in such circumstances under the Bank Secrecy Act, Rule 17a-8 under the Securities Exchange Act of 1934, Section 5 of the Securities Act of 1933, and FINRA rules.

B3 Announces Results For The Third Quarter Of 2020

Date 12/11/2020

Brasil, Bolsa, Balcão (“B3” or “Company”; ticker: B3SA3) reports today its third quarter 2020 (3Q20) earnings. Total revenues reached R$2,535.5 million, a 48.6% increase over the same period of the previous year (3Q19), while recurring EBITDA totaled R$1,665.7 million, up by 50.1% year-over-year (yoy). The company’s recurring net income1 totaled R$1,143.2 million.

IIROC Response To FSRA's Call For Comment On Financial Professional Title Protection

Date 12/11/2020

As a pan-Canadian self-regulatory organization (SRO), the Investment Industry Regulatory Organization of Canada (IIROC) mission is to protect investors and support healthy capital markets.

New Zealand Financial Markets Authority Monitoring Shows Steady Improvement In Quality Of Listed Company Audits

Date 12/11/2020

The Financial Markets Authority (FMA) today released its Audit Quality Monitoring Report for 2020. The annual review, part of a three-year monitoring cycle of all licensed auditors, scrutinises selected audit files for listed companies and other entities that report under the Financial Markets Conduct (FMC) Act.

CFTC Swaps Report Update

Date 12/11/2020

CFTC's Weekly Swaps Report has been updated, and is now available.