News Centre

ESAs Write To EFRAG On The Endorsement Process Of IFRS 17 Insurance Contracts

Date 19/10/2018

The three European Supervisory Authorities (ESA - ESMA, EBA and EIOPA) have today written a letter to the European Financial Reporting Advisory Group (EFRAG) regarding the endorsement process of the International Financial Reporting Standard (IFRS) 17.

BNP Paribas Asset Management Appoints Corinne Massuyeau As Global Head Of Client Services

Date 19/10/2018

BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Corinne Massuyeau as Global Head of Client Services.  Corinne is based in Paris and reports to Sandro Pierri, Global Head of Client Group.

Going Green: The FCA’s Developing Approach - Speech By Christopher Woolard, Executive Director Of Strategy And Competition, Delivered At The FCA’s Innovating For A Greener Great Britain Event, London

Date 19/10/2018

Highlights

• Our job is to make markets for financial services work well. Part of that is ensuring that financial services are adequately prepared to cope with the changes on the horizon.
• We want to ensure that firms not only respond to the challenges climate change poses, but also make the most of the opportunities it presents.
• We have set out in our discussion paper how these changes might affect the FCA’s work and we would welcome your views on this.

Moscow Exchange Changes The Trading Periods In The Trading Mode "Odd Lot Trading"

Date 19/10/2018

Moscow Exchange changes the Trading periods in the Trading Mode "Odd lot trading" from 6th of November.

Selection Procedure For Next ACER Director Relaunched

Date 19/10/2018

The European Commission has relaunched the procedure for selecting the next Director of ACER, the European Union Agency for the Cooperation of Energy Regulators, as the procedure for the selection of a new Director, launched on 30 August 2017, did not result in any appointment.

Malawi Stock Exchange Weekly Summary Report - 19 October 2018

Date 19/10/2018

Click here to download Malawi Stock Exchange's weekly summary report.

CGI Launches CGI HotScan360, An End-To-End, Real-Time Anti-Financial Crime Solution For Banks

Date 19/10/2018

CGI (TSX: GIB.A) (NYSE: GIB) is pleased to announce the launch of CGI HotScan360—an enhanced version of its industry-leading HotScan solution. The increasing sophistication of financial crime, a sharper focus on money laundering by regulators, and heightened security concerns across the banking industry are driving the demand for more advanced anti-financial crime tools. CGI HotScan360 meets this demand by delivering integrated, intelligent and real time anti-money laundering, customer due diligence and fraud detection capabilities.

SGX Reports 1Q FY2019 Net Profit Of S$91 Million

Date 19/10/2018

1Q FY2019 Financial Summary

• Revenue: S$209 million, up 2% from a year earlier
• Operating profit: S$106 million, unchanged
• Net profit: S$91 million, unchanged
• Earnings per share: 8.5 cents, unchanged
• Interim dividend per share: 7.5 cents, up by 2.5 cents

Announcement Of Shanghai International Energy Exchange On Market Makers For Crude Oil Futures

Date 19/10/2018

Shanghai International Energy Exchange, the subsidiary of Shanghai Futures Exchange has announced 15 Market Makers on October 19, 2018 as follows:

Hong Kong's Securities And Futures Commission Concludes Further Consultation On The Financial Resources Rules

Date 19/10/2018

The Securities and Futures Commission (SFC) today released conclusions to the further consultation on proposed amendments to update the Securities and Futures (Financial Resources) Rules (FRR). After considering the comments received, the SFC will implement the proposed changes, the main purpose of which is to update the computation basis of the financial resources requirements in response to market developments and to facilitate the business operation of licensed corporations.