News Centre

Shanghai-London Stock Connect Officially Launched

Date 17/06/2019

Hu Chunhua, Vice Premier of China’s State Council, and Phillip Hammond, UK’s Chancellor of the Exchequer, who jointly chaired the 10th China-UK Economic and Financial Dialogue, attended the opening ceremony of the Shanghai-London Stock Connect at the London Stock Exchange (LSE) on June 17.

New Speeches By Julia Leung, Deputy Chief Executive Officer And Executive Director, Intermediaries, Hong Kong’s Securities And Futures Commission: Opening Remarks At SFC Compliance Forum 2019

Date 17/06/2019

Two speeches delivered by Ms Julia Leung today at the SFC Compliance Forum 2019, an annual event to discuss regulatory issues with the industry, were posted on the SFC website:

• Morning session opening remarks
• Afternoon session opening remarks

TIPS - Payments Technology Leader Expands Cloud-Based Managed Service Offering With End-To-End Instant Payments Processing For RT1 And TIPS, Using SIAnet As Connectivity Solution

Date 17/06/2019

Volante Technologies Inc., a global provider of software to accelerate digital transformation and modernization, today announced that it is providing end-to-end SEPA (Single Euro Payments Area) instant payments processing as an on-demand managed service on Microsoft Azure. Volante’s SEPA Instant Payments as a service will provide all payment service providers (PSPs) certified access to the two principal pan-European schemes, EBA CLEARING’s RT1 and ECB’s TIPS, through the high-speed, secure messaging and low-latency SIAnet network.

Osaka Exchange To Launch Alternative Data Service

Date 17/06/2019

As recent years have seen the diversification of data and the growth of alternative data, Osaka Exchange, Inc. performed proof of concept (the PoC), in cooperation with a range of parties concerned, regarding the feasibility of using new data and service that are expected to contribute to the development of securities markets.

UK Financial Conduct Authority Calls On Consumer To Act Now As PPI Complaints Deadline Pressure Builds

Date 17/06/2019

• As new ads launch today, 90s icon Mr Motivator and personal finance expert Sarah Pennells join ‘Animatronic Arnie’ on FCA’s ‘Pressure’s on Panel’ to help galvanise consumer action
• The FCA releases latest figures on PPI

ASIC: Major Financial Reporting Changes And Other Focuses

Date 17/06/2019

Announcing its focus areas for 30 June 2019 financial reports of listed entities and other entities of public interest with many stakeholders, ASIC has called on companies to focus on new requirements that can materially affect reported assets, liabilities and profits.

ICE Data Indices Recognized As Third Country Benchmark Administrator By The UK’s Financial Conduct Authority

Date 17/06/2019

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Indices, LLC has been recognized as a third country benchmark administrator under Article 32 of the European Union’s Benchmarks Regulation (BMR). Recognition was granted by the UK’s Financial Conduct Authority (FCA) on May 24, 2019.

Turkish Lira Overnight Reference Rate TLREF Will Be Calculated By Borsa Istanbul As Of June 17, 2019

Date 17/06/2019

Turkish Lira Overnight Reference Rate TLREF which is created in order to meet the need of Turkish Lira short-term reference rate that can be used as an underlying or a benchmark in financial products, debt instruments and different types of financial contracts, will be calculated and published as of June 17, 2019.

Shanghai Stock Exchange STAR Market Debuts

Date 17/06/2019

At the opening ceremony of the 11th Lujiazui Forum 2019 on June 13, 2019, the China Securities Regulatory Commission (CSRC) and the Shanghai Municipal People’s Government co-hold the launch ceremony of the Sci-Tech innovAtion boaRd (STAR Market) of the Shanghai Stock Exchange (SSE).

Tadawul Announces Extending The Closing Auction Session And The Trade At Last Session On June 20 Ahead Of The Third Tranche Inclusion In FTSE Russell As An Emerging Market

Date 16/06/2019

The Saudi Stock Exchange (Tadawul) announces extending the Closing Auction session for a total duration of 20 minutes (instead of 10 minutes), and the Trade at Last session for a total duration of 20 minutes (instead of 10 minutes). Accordingly, the Closing Auction session will start from 3:00 p.m. until 3:20 p.m. AST, and the Trade at Last session will start from 3:20 p.m. until 3:40 p.m. AST on Thursday 20/6/2019 only.