News Centre

The World Federation Of Exchanges Issues Guidance On Fair & Orderly Markets As New Wave Looms

Date 14/09/2020

The World Federation of Exchanges (WFE), the global industry group for exchanges and CCPs, today issued a Guidance Note, aimed at policy questions arising from any resurgence of market volatility.

Shenzhen Stock Exchange Deepens Strategic Cooperation With Guizhou By Jointly Holding “Capital Market Service Week” Campaign

Date 14/09/2020

From September 7 to 11, the Shenzhen Stock Exchange (SZSE), in conjunction with the Guizhou Provincial Financial Regulatory Bureau and the Guizhou Branch of the China Securities Regulatory Commission, carried out the “2020 Capital Market Service Week” campaign in Guizhou under the strong support of the CPC Guizhou Provincial Committee and the Guizhou Provincial Government. With a package of capital market services provided for regional economic development, this campaign involved over 900 participants from government departments, listed companies, pre-IPO companies and relevant financial institutions and achieved good results. During this period, SZSE signed a strategic cooperation agreement with the Guizhou Provincial People’s Government, and the signing ceremony was attended by Sun Zhigang, Secretary o

Circular Of Shanghai International Energy Exchange On The Price Limit Update For SC2010

Date 14/09/2020

Shanghai International Energy Exchange has released its Circular on the Price Limit Update for SC2010 as follows:

The price limit for SC2010 will be updated from ±8% to ±10% since September 21, 2020.

Targeted Regulation, Combining Punishment With Leniency: Shanghai Stock Exchange Solicits Opinions On Disciplinary Action Standards For Listed Companies

Date 14/09/2020

On September 4, the Shanghai Stock Exchange (SSE) issued the Standards of Shanghai Stock Exchange for the Implementation of Disciplinary Actions for Listed Companies (Draft for Comment) (the Implementation Standards for short) to solicit opinions from the market.

Shenzhen Stock Exchange Market Bulletin, September 07, 2020, Issue 28

Date 14/09/2020

The People’s bank of China, together with the CSRC and State Administration of Foreign Exchange issued for public consultation a draft announcement on matters related to foreign institutional investors in the China’s bond market earlier this month. Highlights of the announcement include: (1) types of foreign institutional investors eligible for China’s bond investment and way of application have been clarified; (2) foreign investors may invest in exchange bond market through CIMB Direct and Bond Connect by the means of market connectivity with the exchange market; (3) foreign institutional investors may open accounts with either its global custodian bank or domestic infrastructure to participate in the CIMB market.The People’s bank of China, together with the CSRC and State Administration of Foreign Exchange issued for public consultation a draft announcement on matters related to foreign institutional investors in the China’s bond market earlier this month. Highlights of the announcement include: (1) types of foreign institutional investors eligible for China’s bond investment and way of application have been clarified; (2) foreign investors may invest in exchange bond market through CIMB Direct and Bond Connect by the means of market connectivity with the exchange market; (3) foreign institutional investors may open accounts with either its global custodian bank or domestic infrastructure to participate in the CIMB market.

Remarks At The Annual Meeting Of The Council Of Governors Of The Arab Central Banks And Monetary Authorities - Contribution By Christine Lagarde, President Of The ECB, During The Session “Economic, Financial And Monetary Impact Of COVID-19 Pandemic, And Post-Crisis Options For Policies And Tools”

Date 13/09/2020

The global economy underwent a deep and synchronised contraction in the second quarter of this year that was unprecedented in both speed and extent – far exceeding the declines witnessed during the global financial crisis. The ECB’s September projections for global growth excluding the euro area are for -3.7% in 2020, 6.2% in 2021 and 3.8% in 2022. Global economic activity has begun to recover since mid-May as various measures put in place to contain the spread of the pandemic were eased. The recovery has been substantial – but it remains uneven, uncertain and incomplete.

Al Ramz Announced Today The Appointment Of Karim Schoeib As Chief Executive Officer Of Al Ramz Capital

Date 13/09/2020

Al Ramz Corporation Investment and Development PJSC (“Al Ramz”), a Dubai Financial Market listed company that offers a variety of financial products and services including asset management, corporate finance, market making, liquidity providing, brokerage, IPO management and research, announced today the appointment of Karim Schoeib as Chief Executive Officer of Al Ramz Capital effective 1st of October 2020.

Tehran Stock Exchange Holds Annual Meeting

Date 12/09/2020

TSE held its annual meetings for the fiscal year ended 19 March 2020.

CFTC Further Extends Certain No-Action Relief To Market Participants In Response To COVID-19

Date 11/09/2020

The Commodity Futures Trading Commission today announced the Division of Swap Dealer and Intermediary Oversight (DSIO) and the Division of Market Oversight (DMO) are further extending certain elements of the temporary no-action relief issued in response to the COVID-19 (coronavirus) pandemic that are set to expire on September 30, 2020. The extended relief expires January 15, 2021.

SEC Charges Film Producer, Rapper, And Others For Participation In Two Fraudulent ICOs

Date 11/09/2020

The Securities and Exchange Commission today announced charges against five Atlanta-based individuals, including film producer Ryan Felton, rapper and actor Clifford Harris, Jr., known as T.I. or Tip, and three others who each promoted one of Felton’s two unregistered and fraudulent initial coin offerings (ICOs).  The SEC also charged FLiK and CoinSpark, the two companies controlled by Felton that conducted the ICOs. Aside from Felton, all of the individuals have agreed to settlements to resolve the charges against them.