News Centre

SGX Launches Rules For Listing Of Dual Class Shares Companies

Date 26/06/2018

Singapore Exchange (SGX) today introduced rules that make possible the listing of companies with dual class shares (DCS) structures as Singapore gears up for the New Economy.

Fiserv Simplifies CECL Compliance Through The Cloud - Hosted Solution Provides Secure, Cost-Effective Access To CECL Management Tools

Date 26/06/2018

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, announced today that financial institutions now have a streamlined option to address the Financial Accounting Standards Board’s (FASB) pending Current Expected Credit Loss (CECL) standard. Prologue™ Credit Loss Manager and its risk modeling tools are now available in a SaaS version hosted in the secure Fiserv cloud, enabling financial institutions of all sizes to efficiently execute on their compliance strategies.

HPR Extends Platform To Include Support For Shanghai-Hong Kong And Shenzhen-Hong Kong Stock Connects

Date 26/06/2018

Hyannis Port Research (HPR), provider of advanced capital markets infrastructure (CMI) technologies, today announced the expansion of its award-winning market access platform to include support for the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connects. With the move, HPR becomes the first firm to provide trading access through the platforms using an ultra-high-performance pre-trade risk gateway.

Wealth Portfolio Suites Turn To Digital Advisory: Early Risers - According To A New Aite Group Report, Digital Advisory Is The Latest Addition To Core Infrastructure Serving The Wealth Management Industry.

Date 26/06/2018

Aite Group’s latest report, Wealth Portfolio Suites Turn to Digital Advisory: Early Risers, examines U.S. and European technology solutions that offer wealth portfolio system suites with an upcoming or recently launched digital-advisory capability. Financial advisors across the globe are rapidly tooling up to make a difference in clients’ long-term financial well-being and to serve a variety of client sizes through digital advisory. This new report explores whether this evolution will provide unprecedented access to professional investment management for individuals in the mass-affluent and mass-market segments.

BME: Unica Real-Estate SOCIMI To Start Trading On MAB Tomorrow - The Eighth Company To List On MAB In 2018

Date 26/06/2018

The Board of Directors of MAB has approved the listing of UNICA REAL-ESTATE SOCIMI, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.

Oslo Børs To Launch Millennium 9.3 In Q4 2018 And Legacy CDS Environment In August 2018

Date 26/06/2018

Oslo Børs prepares a Millennium Exchange system release in Q4. Tentative go-live date is 8 December 2018.

Japan's Securities And Exchange Surveillance Commission: Recommendation For Administrative Monetary Penalty Payment Order For Market Manipulation Of Shares Of cocokara fine Inc. By Individual Investor Residing Abroad

Date 26/06/2018

1. Contents of the Recommendation

The Securities and Exchange Surveillance Commission today made a recommendation to the Prime Minister and the Commissioner of the Financial Services Agency that an administrative monetary penalty payment order be issued in regard to market manipulation of shares of cocokara fine Inc. by an individual investor residing abroad pursuant to Article 20(1) of the Act for Establishment of the Financial Services Agency. This recommendation is based on the findings of an investigation into the market manipulation, whereby the following violation of laws and ordinances was identified.

Mao Weiming, Member Of The Standing Committee Of The CPC Jiangxi Provincial Committee And Vice Governor Of Jiangxi Province, Visits Shenzhen Stock Exchange.

Date 26/06/2018

In the afternoon of June 25, Mao Weiming, member of the Standing Committee of the CPC Jiangxi Provincial Committee and executive deputy governor, and his delegation paid a visit to SZSE. Wu Lijun, secretary of the Party Committee and Chinaman of SZSE, and Wang Jianjun, deputy secretary of the Party Committee and President & CEO of SZSE attended the meeting. Mao Weiming and his delegation listened to the market introduction of SZSE and the two sides exchanged opinions on issues such as the cultivation of listed companies, the issuance of fixed income products, and the exchange and training of talents. According to the unified deployment of China Securities Regulatory Commission, SZSE will give full play to the role of its multi-tiered capital market platform, actively assist enterprises in Jiangxi Province in going public (the "Azalea Campaign"), promote the high-quality development of the local economy, promote Jiangxi's lead in the fields of green ecology, poverty alleviation, and integration of the military and the people.

Council Of The European Union Authorises Opening Of Negotiations With WTO Members On Brexit-Related Adjustments

Date 26/06/2018

In preparation for the UK’s withdrawal from the EU, the Council today authorised the Commission to open formal negotiations within the World Trade Organisation (WTO) on how to divide up existing EU tariff rate quotas (TRQs) between the EU27 and the UK.

UK's Financial Conduct Authority Proposes Changes To Complaint Handling Rules To Help Victims Of Authorised Push Payment Fraud

Date 26/06/2018

Authorised push payment (APP) fraud is where a fraudster tricks an individual consumer or micro business to instruct their payment services provider (PSP), such as their bank, to send money from their account to an account controlled by that fraudster.