News Centre

Bank Of England: Minutes Of The Meeting Of The Court Of Directors Held On 11 April 2018

Date 06/06/2018

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.

Abu Dhabi Global Market And The Hong Kong Securities And Futures Commission (HK-SFC) Strengthen Partnership To Advance Financial Innovation

Date 06/06/2018

The Hong Kong Securities and Futures Commission and Abu Dhabi Global Market, the International Financial Centre in Abu Dhabi, have entered into a cooperation agreement to jointly promote and support financial services innovation in Hong Kong and the United Arab Emirates (UAE).  

HKEX Monthly Market Highlights - May 2018

Date 06/06/2018

Highlights

- Securities Market

• The average daily turnover for the first five months of 2018 was $130.3 billion, an increase of 73 per cent when compared with $75.3 billion for the same period last year.
• The average daily turnover of derivative warrants for the first five months of 2018 was $19.9 billion, an increase of 90 per cent when compared with $10.5 billion for the same period last year.
• The average daily turnover of CBBCs for the first five months of 2018 was $8.2 billion, an increase of 95 per cent when compared with $4.2 billion for the same period last year.
• Total funds raised for the first five months of 2018 was $161.7 billion, an increase of 28 per cent when compared with $126.6 billion for the same period last year.
• There were 93* newly listed companies for the first five months of 2018, an increase of 55 per cent when compared with 60* for the same period last year.

STOXX Research Monthly Index News May: Investors Remain On Edge

Date 06/06/2018

Investors remained on edge in May, even as an ongoing economic expansion helped the STOXX® Global 1800 Index post a 0.4% gain, when measured in US dollars, for the month.

UK’s Financial Conduct Authority Fines And Imposes A Restriction On Canara Bank For Anti-Money Laundering Systems Failings

Date 06/06/2018

The Financial Conduct Authority (FCA) has fined Canara Bank £896,100 and has imposed a restriction, preventing it from accepting deposits from new customers for 147 days.

Hong Kong's Securities And Futures Commission And FSRA Sign Fintech Cooperation Agreement

Date 06/06/2018

The Securities and Futures Commission (SFC) has entered into a cooperation agreement with the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA) to establish a framework for cooperation on financial technology (Fintech).

ETFGI Reports Assets Invested In Active ETFs And ETPs Listed Globally Reach Record High Of 86 Billion US Dollars At The End Of April 2018

Date 06/06/2018

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in active ETFs and ETPs listed globally reached a record high of US$86.09 Bn at the end of April 2018; an increase in assets of US$3.11 Bn from the previous record of US$82.97 Bn set at the end of March 2018. (All dollar values in USD unless otherwise noted.) 

Shanghai Stock Exchange: Business Rules For Railway Bond Released, Propelling Expansion Of Diversified Financing Channels, Keeping Serving China Railway Construction

Date 06/06/2018

The Shanghai Stock Exchange (SSE) issued the "Notice on Relevant Matters over Listing and Trading of China Railway Construction Bond" (the "Notice" for short), which has specified the issuing, listing and circulation, information disclosure and continuous management for China railway construction bond (the railway bond for short). The move aimed to implement the strategic cooperation agreement between China Railway Corporation and the SSE, well prepare for the cross-market issuing and listing of the railway bond, expand its investment subjects, optimize the exchange-traded bond market's structure, improve the liquidity of the secondary market of the railway bond, and enhance the capacity of the exchange-traded bond market in serving the real economy.

New FICO And Equifax RegTech Solution Can Help Lenders Meet Affordability Requirements - Machine Learning FICO Analytics Can Be Used By Lenders To Match Offers To Risk And Ability To Pay

Date 06/06/2018

Highlights:

• FICO and Equifax have launched the FICO® Risk and Affordability Decision Suite, powered by Equifax®, which uses advanced predictive analytics to assess a consumer's repayment risk as well as their ability to afford new credit
• The FICO Risk and Affordability Decision Suite is designed for lenders needing to make credit decisions that avoid overstressing consumers, while treating consumers fairly
• The suite works with the FICO® TRIAD® Customer Manager solution used to manage most UK card accounts

Launch Ceremony For A-Shares Included In MSCI Held At Shanghai Stock Exchange

Date 06/06/2018

Good news has come after 5 years of efforts: A-shares have been officially included in the MSCI (Morgan Stanley Capital International) Emerging Markets Index as of the market closing on May 31, 2018. It marks the official inclusion of A-shares after the MSCI started to solicit opinions on including A-shares in its Emerging Market Index in June 2013. After the market closing of today, a brief and grand launch ceremony has been held in the trading hall of the Shanghai Stock Exchange (SSE), and relevant officials of Shanghai Government, MSCI, the SSE, Shenzhen Stock Exchange (SZSE), as well as representatives from about 80 domestic and foreign financial institutions have witnessed another iconic moment of the opening-up of the Chinese capital market. SSE President Jiang Feng, SZSE Vice President Li Hui, and Board Chairman and CEO Henry Fernadez of MSCI delivered a speech, respectively.