News Centre

Duff & Phelps Global Regulatory Outlook: London Loses To New York As Pre-Eminent Financial Hub For Second Year, But Favourable Regulatory Regime Could Help London Bounce Back

Date 27/01/2020

• Only 33% of senior financial professionals see London as the foremost global financial hub, down 20% in two years
• Cost of compliance (21%) and war for talent (23%) are the top two concerns facing firms and senior executives around the world
• However, senior executives rate the UK as having the most favourable regulatory regime for financial services in the world (30%) followed by the U.S. (26%)

HKEX Lunar New Year Market Open Ceremony Cancelled

Date 27/01/2020

Please note that HKEX's ceremony to mark the first trading day of the Lunar New Year, originally scheduled for Wednesday, 29 January at 09:00 am, has been cancelled.

Nigerian Stock Exchange Employees Donate To Women At Risk International Foundation Foundation

Date 27/01/2020

As part of its Employee Give-Back initiative, employees of The Nigerian Stock Exchange (“NSE” or “Exchange”) have donated funds to support the initiatives of the Women at Risk International Foundation (WARIF) in Lagos during the Christmas holidays. The Employee Giveback initiative is one of various employee engagement initiatives instituted to encourage employees to make a positive impact in their communities whilst providing them with hands-on experience and learning opportunities on issues that plague the society.

DGCX To Hold A Special Trading Session On Saturday February 1st On The Occasion Of The Union Budget Of India

Date 26/01/2020

The Dubai Gold & Commodities Exchange (DGCX) is to hold a special trading session on Saturday, February 1st to allow market participants to hedge their risk before, during and after the announcement of the 2020 Union Budget of India.

Statement At Inaugural Meeting Of The Asset Management Advisory Committee, SEC Commissioner Allison Herren Lee, Washington D.C., Jan. 14, 2020

Date 24/01/2020

Thank, you. I’ll be brief so you can all get started with your important work. I second the remarks of my colleagues regarding how important the asset management industry is to American investors. Clients of all types—from retirees and retail investors to large institutions and pension plans—rely heavily on the people in this room and your colleagues to manage their finances, help them save and invest for the future, and exercise independent judgment in voting their shares. I want to thank Director Dalia Blass for helping to establish this Committee, and everyone in this room for your willingness to contribute your time and expertise.

CFTC Commitments Of Traders Reports Update

Date 24/01/2020

The current reports for the week of January 21th, 2020 are now available.

SEC Charges Husband And Wife With Nearly $1 Billion Ponzi Scheme

Date 24/01/2020

The Securities and Exchange Commission today charged a California-based couple with orchestrating a nearly billion-dollar Ponzi scheme involving alternative energy tax credits.

BDO Canada Pays $3.5 M For Failing To Comply With Auditing Standards

Date 24/01/2020

A Panel of the Ontario Securities Commission (OSC) has approved a settlement agreement in which BDO Canada LLP (BDO) admitted that it failed to comply with generally accepted auditing standards in the audits of the 2014 and 2015 financial statements of two privately-offered investment funds.

SEC Publishes Annual Reports On Credit Rating Agencies

Date 24/01/2020

Two annual SEC staff reports released today highlight the important work of the Office of Credit Ratings in examining and monitoring nationally recognized statistical rating organizations (NRSROs). The reports indicate that the NRSROs made certain improvements in response to the staff's examinations and that both the range of NRSROs issuing commentaries as well as the topics covered by those commentaries has expanded

Nigerian Stock Exchange Weekly Market Report For January 24th 2020

Date 24/01/2020

A total turnover of 1.237 billion shares worth N22.762 billion in 21,156 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 2.087 billion shares valued at N26.470 billion that exchanged hands last week in 24,262 deals.