News Centre

Shanghai Stock Exchange Solicits Opinions On Business Rules For Refinancing Of Companies Listed On SSE STAR Market

Date 15/11/2019

Since the opening of the SSE STAR Market, with the coordination and guidance of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) has stepped up the provision of various supporting systems. Following the public solicitation of opinions on the supporting business rules for major asset restructuring on the SSE STAR Market, the SSE has recently sought comments on the supporting business rules for the refinancing on the SSE STAR Market.

Regulator’s Column: SGX’s Expectations Of REITs At IPO stage And When Negative Media Reports Surface

Date 15/11/2019

When REITs are at the IPO stage or are newly-listed, they are operating for the first time under the keen scrutiny of the market including the media and regulators. It is therefore important that we – as frontline market regulator – clarify certain key issues and spell out our expectations of such a REIT.  

FINSIA: The Regulators - Opening Remarks By ASIC Deputy Chair Karen Chester At The Regulators 2019, Sydney, 15 November 2019

Date 15/11/2019

Being a FINSIA fan, I’m pleased to be here today. Joining Guy and John to form a troika for the panel discussion – three deputies, three regulators, and three economists. I’ll look to cover three things in my opening words:

• first, do a bit of myth busting about ASIC,
• second, identify the two elements that form the alloy across our regulatory priorities – being fairness and transparency, and
• third, share a few insights from our recent report on disclosure, and why it’s time to do things differently.

Modernizing Our Regulatory Framework: Focus On Authority, Expertise And Long-Term Investor Interests, SEC Chairman Jay Clayton Philadelphia, PA, Nov. 14, 2019, University Of Pennsylvania Distinguished Jurist Lecture

Date 14/11/2019

Introduction

Thank you for providing me the opportunity to deliver this year’s Distinguished Jurist Lecture. This is a special honor for me. Philadelphia is my hometown. Penn is my alma mater—two times. And, I miss teaching here.

US Department Of Justice: Former Financial Services Executive Pleads Guilty To Rigging Bids For Financial Instruments In Violation Of Antitrust Law - Fourth Defendant Pleads Guilty In Pre-Release ADRs Investigation

Date 14/11/2019

Peter Volino, a former vice president at Industrial and Commercial Bank of China Financial Services LLC (ICBCFS), pleaded guilty to a criminal antitrust charge for his involvement in a bid-rigging conspiracy for certain financial instruments, the Department of Justice announced.

IIROC-Regulated Investment Firms Must Now Report Cybersecurity Incidents - Rule Amendments Will Help Better Protect Businesses And Their Clients Against Cyber Threats

Date 14/11/2019

The Investment Industry Regulatory Organization of Canada (IIROC) today published amendments to its' Rule Book, requiring mandatory reporting of cybersecurity incidents by all IIROC-regulated firms.

TEXPERS: Public Employee Pension Funds Set New Performance Record

Date 14/11/2019

The number of Texas state and local pension funds achieving Pension Review Board recommendations for overall financial health hit a new high in 2019, according to PRB data analyzed by the Texas Association of Public Employee Retirement Systems. In addition, for the first time in decades, no Texas pension fund has a target rate greater than 8 percent.

OCC Congratulates Robert Litterman On Appointment As Chair Of CFTC Climate-Related Market Risk Subcommittee

Date 14/11/2019

OCC, the world's largest equity derivatives clearing organization, today issued the following statement from Craig Donohue, Executive Chairman, and John Davidson, Chief Executive Officer, on the appointment of Robert Litterman, a founding partner of Kepos Capital and a member of OCC's Board of Directors, as Chairman of the Commodity Futures Trading Commission's newly-established Climate-Related Market Risk Subcommittee.

Finansinspektionen: Euroclear Sweden AB Receives Authorisation To Be Central Securities Depository Under CSDR

Date 14/11/2019

Finansinspektionen is granting Euroclear Sweden AB authorisation to act as a central securities depository under Regulation (EU) No 909/2014 of the European Parliament and of the Council of 23 July 2014 on improving securities settlement in the European Union and on central securities depositories (CSDR). 

Four Abacus Group Managers Named Women In Finance Awards Finalists - 5th Annual Markets Media Awards Recognize Talented And Accomplished Women Across Finance

Date 14/11/2019

Abacus Group, a leading provider of hosted IT solutions and services for alternative investment firms, is pleased to announce that four of its managers have been selected as finalists in the 5th Annual Markets Choice Awards: Women in Finance, presented by Markets Media Group.