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  • New Zealand's Financial Markets Authority: Court Of Appeal Rejects Sentence Appeal By PTT’s Steven Robertson

    Date 08/06/2020

    The Financial Markets Authority (FMA) has welcomed the Court of Appeal’s decision to dismiss a sentence appeal by Steven Robertson, who defrauded victims of $2.1 million through PTT Limited.

  • Tadawul Publishes Drafts Of The Amended Listing Rules For Public Consultation

    Date 08/06/2020

    The Saudi Stock Exchange (Tadawul) is keen to involve all concerned and interested parties to participate and share their observations on the regulatory frameworks for its markets. This been said, Tadawul announces publishing the drafts of The Amended Listing Rules for public consultation, which can be viewed through the following link:

  • Shanghai Stock Exchange Further Improves First-day Trading Mechanism for Re-listing Of Delisted Stocks

    Date 08/06/2020

    In order to further improve the trading system, the Shanghai Stock Exchange (SSE) has revised and issued the "SSE Administrative Measures for Trading of Stocks on Risk Alert Board" (the "Administrative Measures" for short), which shall take effect upon issuance. This revision focuses on improving the measures for the intraday temporary trading suspension and the limit to the quoted price for the previously delisted stocks on their first day of relisting. As major changes may take place in the fundamentals of the previously delisted company, coupled with no price limit on the first day of re-listing, the re-listed stocks are likely to see the share prices fluctuate significantly on the first trading day. The revision aims to reduce trading barriers and unnecessary interventions, enhance market liquidity, and ensure adequate trading of the re-listed stocks. The adjusted measures follow the practice of the SSE STAR Market, namely no price limit for the first 5 trading days since the listing of the stock. Specific adjustments are as follows:

  • Monetary Authority Of Singapore ' Response To Queries On Fund Flows

    Date 08/06/2020

    The Monetary Authority of Singapore (MAS) said today that media reports suggesting that there were large flows of deposits from Hong Kong to Singapore were incorrect. While foreign currency deposits in Singapore have grown substantially since the beginning of this year, the order of magnitude is much less than cited in some media reports. The growth in foreign currency deposits has come from diverse sources and for varied reasons.

  • FintechHK Perspective: Hong Kong Offers Huge Opportunities For Fintech Businesses To Scale Up - InvestHK Organized A Series Of FintechHK Webinar, Offering Fresh Perspectives On Recent Trending Fintech Topics In Hong Kong And Asia

    Date 08/06/2020

    InvestHK is delighted to announce that a series of UK Fintech webinar curated by InvestHK, regulators and stakeholders was successfully held during the UK Fintech Week 2020. The four webinars featured experienced veterans and professionals in the field, offering insightful discussions around topics from digital assets, regulatory landscape in an international and local perspective, to fintech businesses adapting to times of crisis.

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