News Centre

New Zealand’s Financial Markets Authority Files Civil Proceedings Over Trading In Oceania Natural

Date 15/04/2019

The Financial Markets Authority (FMA) has issued civil proceedings in the High Court against four individuals in relation to trading in Oceania Natural Limited. (ONL)

ASIC: Citigroup To Refund Over $3 Million To Clients Following Sale Of Complex Products

Date 15/04/2019

Following an ASIC investigation, Citigroup will refund over $3 million to 114 retail customers for losses arising out of structured product investments offered by Citigroup between 2013 and 2017. Citigroup will also write to over 1000 customers remaining in the products to provide them an opportunity to exit early without cost.

1st Corporate Bond For Xiong’an New Area’s Construction Listed On Shanghai Stock Exchange

Date 15/04/2019

The 2019 non-publicly issued corporate bond of Hebei Transportation Investment Group Corporation has been approved to be listed on the Shanghai Stock Exchange (SSE) lately. The corporate bond raises RMB5 billion, among which RMB1.5 billion will be used for the construction of two highways in Xiong’an New Area, the New Line of Rongwu Highway and the New Airport - Dezhou Highway. It becomes the first corporate bond on the exchange-traded market that serves the construction of Xiong’an New Area. The above-mentioned two highways, the key projects of the backbone traffic network of Xiong’an New Area, have been included in Xiong’an “4 vertical lines and 3 horizontal lines” regional highway network in the “Planning Outline for Xiong’an New Area, Hebei Province” approved by the Party Central Committee and the State Council. The issuer’s rate is AAA, and the lead underwriters are Guotai Junan Securities Co., Ltd., CITIC Securities Co., Ltd. and Haitong Securities Co., Ltd.

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 14/04/2019

To view the detailed Weekly Stock Market Ownership and Trading Activity Report (by Nationality and Investor Type) for Main Market and Nomu-Parallel Market please Click Here

ADX Partakes In The World Forum Of Central Securities Depositories

Date 14/04/2019

Abu Dhabi Securities Exchange (ADX), the region's leading financial market, partook in the 5th edition of the World Forum of Central Securities Depositories (WFC), which took place from 8 to 12 April in Marrakesh, Morocco. The WFC hosted about 20 meetings and workshops, managed and presented by more than 40 experts and specialists in financial markets.

Communiqué Of The Thirty-Ninth Meeting Of The IMFC - Chaired By Mr. Lesetja Kganyago, Governor Of The South African Reserve Bank

Date 13/04/2019

We express our sympathy for the human loss and devastating impact of the recent natural disasters in Iran, Malawi, Mozambique, and Zimbabwe.

Global outlook and policy priorities

The global expansion continues, but at a slower pace than anticipated in October. Growth is projected to firm up in 2020, but risks remain tilted to the downside. 

Federal Reserve Board Publishes Transcripts Of More Than 50 Interviews With Former Policymakers And Former Senior Staff That Chronicle Nearly Half A Century Of Federal Reserve History

Date 12/04/2019

The Federal Reserve Board on Friday published transcripts of more than 50 interviews with former policymakers and former senior staff that chronicle nearly half a century of Federal Reserve history.

CFTC To Hold An Open Commission Meeting On April 23

Date 12/04/2019

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo announced today that the CFTC will hold an open meeting on Tuesday, April 23, 2019, at 10:00 a.m.

U.S. Department Of Justice: General Electric Agrees To Pay $1.5 Billion Penalty For Alleged Misrepresentations Concerning Subprime Loans Included In Residential Mortgage-Backed Securities

Date 12/04/2019

The Department of Justice today announced that General Electric (GE) will pay a civil penalty of $1.5 billion under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) to resolve claims involving subprime residential mortgage loans originated by WMC Mortgage (WMC), a GE subsidiary. WMC, GE, and their affiliates allegedly misrepresented the quality of WMC’s loans and the extent of WMC’s internal quality and fraud controls in connection with the marketing and sale of residential mortgage-backed securities (RMBS). FIRREA authorizes the federal government to seek civil penalties for violations of various predicate criminal offenses, including wire and mail fraud where the violation affects a federally insured financial institution.

CFTC Commitments Of Traders Reports Update

Date 12/04/2019

The current reports for the week of April 12, 2019 are now available.