News Centre

Circular On Self-Regulatory Measures Taken By CFFEX In August 2024

Date 13/09/2024

To prevent market risks, maintain orderly operation of the market and protect investors’ legitimate rights and interests, China Financial Futures Exchange (CFFEX) took the following self-regulatory measures against violations of exchange rules in August 2024.

UAE Securities And Commodities Authority Honors Its Customers And Staff For Their Contributions To The Zero Government Bureaucracy Program

Date 13/09/2024

As part of the strong commitment of the Securities and Commodities Authority (SCA) to pursuing the objectives of the Zero Government Bureaucracy Program, its CEO Her Excellency Dr. Maryam Buti Al Suwaidi honored a number of customers and staff for making valuable suggestions that helped enhance and further streamline services.

Various Measures Were Implemented To Boost The Market Of M&A And Reorganization After The Release Of The Handbook Of Rules, Policies, And Cases On M&A And Reorganization Of Listed Companies By The Shanghai Stock Exchange

Date 13/09/2024

M&A and reorganization play a crucial role in achieving industrial integration, transformation, and upgrading. They optimize resource allocation and support listed companies in attaining high-quality development. Additionally, these strategies are effective in fostering and developing new quality productive forces in the current evolving landscape. To enhance its role as the primary channel for M&A and reorganization in the capital market, invigorate the M&A and organization market, and assist listed companies and other relevant market entities in understanding the rules and staying informed on the latest regulatory trends, the Shanghai Stock Exchange (SSE) has compiled and published the Handbook of Rules, Policies, and Cases on M&A and Reorganization of Listed Companies. This handbook is designed to aid listed companies in planning and executing M&A and reorganization effectively.

Publication Of The Summary From "The Japan Financial Services Agency Strategic Priorities July 2024-June 2025"

Date 13/09/2024

The FSA published the summary from "The JFSA Strategic Priorities July 2024-June 2025", which describes what strategy the FSA will take to tackle its priorities, and how, during the period from July 2024 to June 2025.

CFFEX: Notice On Listing Of New China Government Bond Futures Contracts

Date 13/09/2024

• The TF2506 5-year China government bond futures contract is scheduled to be listed on September 18, 2024 at the listing benchmark price of RMB 105.125.
• The T2506 10-year China government bond futures contract is scheduled to be listed on September 18, 2024 at the listing benchmark price of RMB 106.715.
• The TS2506 2-year China government bond futures contract is scheduled to be listed on September 18, 2024 at the listing benchmark price of RMB 102.428.
• The TL2506 30-year China government bond futures contract is scheduled to be listed on September 18, 2024 at the listing benchmark price of RMB 113.97.

Keynote Speech By Mr Gan Kim Yong, Deputy Prime Minister And Minister For Trade And Industry, And Chairman Of The Monetary Authority Of Singapore, At The IBF 50th Anniversary Distinction Evening Gala On 13 September 2024

Date 13/09/2024

Good evening. I am delighted to join you today to celebrate the IBF’s Golden Jubilee and the achievements of our award recipients.

ASIC Updates Superannuation Forecasts Relief Instrument

Date 13/09/2024

Key points:

• ASIC has updated the default rate of nominal wage inflation in ASIC (Superannuation Calculators and Retirement Estimates) Instrument 2022/603 from 4% p.a. to 3.7% p.a. following a period of industry consultation.
• Transitional arrangements are in place until 31 December 2024 to allow providers of superannuation calculators and retirement estimates time to update the default rate of nominal wage inflation.

ETFs Boost Value Investment With Market Scale Reaching New Highs — The Shanghai Stock Exchange Released The White Paper On ETF Investment Trading (H1 2024)

Date 13/09/2024

Actively building the ETF market is an important measure for the Shanghai Stock Exchange to implement the spirit of the Central Financial Work Conference and the relevant requirements of the State Council's Guideline on Strengthening Supervision, Forestalling Risks and Promoting High-Quality Development of the Capital Market, and also an important starting point to better meet the people's growing demand for wealth management. Since the beginning of this year, domestic index-based investment has flourished. The total size of the ETF market exceeded RMB 2 trillion, and the market received continuous net inflows of capital. In the first half of the year, the ETF market continued to receive net inflows, with a capital scale of RMB 461.7 billion and a total turnover of RMB 14.7 trillion. Among them, the net inflow of ETFs into the Shanghai Stock Exchange was RMB 352.8 billion, with a total turnover of RMB 11.8 trillion. The average daily turnover exceeded RMB 100 billion, and the trading activity reached a higher level, ranking first in Asia. A few days ago, the Shanghai Stock Exchange compiled and formed a White Paper on ETF Investment Trading based on the situation of the ETF market in the first half of 2024, which comprehensively displays the development of the ETF market, trading activity, trading mechanism, and other aspects. In general, with the continuous enrichment of product layout and the continuous optimization of supporting mechanisms, ETFs have increasingly become high-quality tools for investors to allocate assets. The participation of medium and long-term capital has increased significantly, and a benign market ecology is gradually taking shape.

Opening Remarks By Mr Chia Der Jiun, Managing Director, Monetary Authority Of Singapore, And Chairman, Institute Of Banking And Finance At The IBF 50th Anniversary Distinction Evening Gala On 13 September 2024

Date 13/09/2024

Good evening, everyone. A very warm welcome to IBF 50th Anniversary Distinction Evening Gala. We are delighted to have Deputy Prime Minister Mr Gan Kim Yong as our Guest-of-Honour. Thank you for joining us to mark this significant occasion.

US Department Of Justice: Early Bitcoin Investor Pleads Guilty To Filing Tax Return That Falsely Reported His Cryptocurrency Gains

Date 12/09/2024

An Austin, Texas, man pleaded guilty today to filing a tax return that falsely underreported the capital gains he earned from selling $3.7 million in bitcoin.