News Centre

Japan's Financial Services Agency: Publication Of Report From Study Group On Virtual Currency Exchange Services

Date 22/03/2019

The Study Group on the Virtual Currency Exchange Services(Chairman Hideki KANDA, Professor, Law School, Gakushuin University) has discussed and deliberated on various issues surrounding the virtual currency exchange services in Japan eleven times since April 2018.

Decisions Taken By The Governing Council Of The ECB (In Addition To Decisions Setting Interest Rates)

Date 22/03/2019

Monetary policy

Central bank compliance with prohibitions on monetary financing and privileged access

On 20 March 2019, in accordance with the Treaty on the Functioning of the European Union (TFEU), which assigns the ECB the task of monitoring the compliance of EU central banks with the prohibitions referred to in Articles 123 and 124 of the TFEU and the related Regulations, the Governing Council approved the compliance report covering the year 2018. Further information on this matter can be found in a dedicated section of the ECB’s Annual Report 2018, which will be published on the ECB’s website on 1 April 2019.

ACER Publishes Guidance On Layering And Spoofing In Continuous Wholesale Energy Markets

Date 22/03/2019

ACER publishes today a guidance note to further clarify the application of REMIT (EU Regulation on Wholesale Market Integrity and Transparency) in the context of the trading behaviours associated with layering and spoofing. The Guidance Note describes a general framework which promotes a consistent approach to the National Regulatory Authorities’ (NRAs) assessment of these behaviours.

HKEX: Exchange Publishes Guidance On Reasons For Rejected Listing Applications In 2018

Date 22/03/2019

• Heightened scrutiny of commercial rationale for listing delivered notable increase in rejected listing applications in 2018
• Rejections were not sector specific; rather focus was on whether rationale for listing was supported by the applicant’s expected growth and therefore, need for funding
• Results have helped maintain market quality and Exchange will continue exercising discretion to assess suitability

Speech By Ashley Alder, Chief Executive Officer, Hong Kong Securities And Futures Commission: Keynote Speech At Bloomberg BuySide Summit 2019

Date 22/03/2019

A keynote speech delivered by Mr Ashley Alder on 22 March 2019 was posted on the SFC website today.

UK Financial Conduct Authority To Introduce UK Benchmarks Register

Date 22/03/2019

The Financial Conduct Authority continues to plan for a range of outcomes in relation to Brexit, including the UK leaving the EU without an implementation period on 29 March 2019. To prepare for this scenario, we have developed a new UK Benchmarks Register. The new Register will replace the ESMA Register for UK supervised users, and UK and third-country based benchmark administrators that want their benchmarks to be used in the UK.

BETTER FINANCE Announces Its First Scientific Committee Members

Date 22/03/2019

BETTER FINANCE is honoured to announce the establishment of the BETTER FINANCE Scientific Committee to further support and strengthen its research activities. The Scientific Committee consists of highly skilled and experienced independent academics who will help us to deliver high quality research for financial services users, other stakeholders and policy makers.

HKEX: Adjustment Of Henderson Land Structured Products, Futures And Options

Date 22/03/2019

Hong Kong Exchanges and Clearing Limited (HKEX) has announced the arrangements for the adjustment to Henderson Land Development Co Ltd (Henderson Land) structured products, futures and options to account for Henderson Land’s bonus shares issuance.

Bursa Malaysia Wins ‘Best Stock Exchange For Islamic Listings’ At The Islamic Finance News Awards 2018

Date 22/03/2019

Bursa Malaysia Berhad (“Bursa Malaysia”) today announced that it was awarded the ‘Best Stock Exchange for Islamic Listings’ by Islamic Finance News (“IFN”) at the recent 13th Annual IFN Service Providers Poll. Bursa Malaysia is the inaugural winner for this category, which has been introduced for the first time in recognition of the most outstanding stock exchange for listing of Shariah-compliant securities in an enabling and conducive ecosystem, making Bursa Malaysia the Leading Exchange in Islamic capital market.

Guest-Of-Honour Speech By Tan Boon Gin, CEO Of Singapore Exchange Regulation, At The Inaugural REITAS Seminar On Rules And Ethics

Date 22/03/2019

Good morning Mr Jerry Koh, REITAS Secretary and Deputy Managing Partner Allen & Gledhill, members of the association, ladies and gentlemen