News Centre

Hong Kong's Securities And Futures Commission: Market Misconduct Tribunal fines AcrossAsia Limited, Its Former Chairman And CEO A Sum Of $2 Million For Late Disclosure Of Inside Information

Date 30/11/2016

The Market Misconduct Tribunal (MMT) today fined AcrossAsia Limited (AcrossAsia) $600,000, its former chairman Mr Albert Saychuan Cheok $800,000, and chief executive officer Mr Vicente Binalhay Ang $600,000 after finding they had failed to disclose inside information to the public as soon as reasonably practicable as required under the Securities and Futures Ordinance (SFO).

Abu Dhabi Securities Exchange Observes Commemoration Day

Date 30/11/2016

Abu Dhabi Securities Exchange (ADX) observed Commemoration Day with the motto “Our Martyrs, Our Beacons of Hope”. 

Stock Exchange of Thailand Adds PSH Into SET50, SET100 And SETHD Indices Effective Dec 1, 2016

Date 30/11/2016

The Stock Exchange of Thailand (SET) will add Pruksa Holding pcl (PSH), a newly established holding company investing in Pruksa Real Estate pcl (PS) which operates property development business as a core company, into the SET50, SET100 and SETHD indices, effective from December 1, 2016, to replace PS after PS has requested voluntary delisting of PS’s shares from SET and listing PSH’s shares on SET in place following its restructuring plan.

Abu Dhabi Global Market And Egyptian Securities Commission Collaborate To Enhance Regulations

Date 30/11/2016

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and the Egyptian Financial Supervisory Authority (EFSA) signed a Memorandum of Understanding (MoU) to enhance regulatory cooperation and foster cross-border activities. The agreement was signed by Mr. Sherif Samy, Chairman of the Egyptian Financial Supervisory Authority and Mr. Richard Teng, Chief Executive Officer of the ADGM Financial Services Regulatory Authority.

Westpac MNI China Consumer Sentiment Indicator Moderates Slightly - Broad Based Softening In Confidence Measures

Date 30/11/2016

Following two consecutive monthly increases, the Westpac MNI China Consumer Sentiment Indicator eased to the lowest level since August, led by a pullback in durable buying conditions.

Eurobank Is Second Broker In Greece To Go Live With Horizon

Date 30/11/2016

Horizon Software (Horizon), the leading global technology provider for electronic trading and investment management, has announced today that Eurobank Equities, the brokerage arm of Eurobank, one of the four systemic banks in Greece, has gone live with Horizon Software. Eurobank Equities chose Horizon’s Platform for Automated Trading for click trading, market making and agency trading on the Athens Exchange. It is the second Greek broker to go live with Horizon as a replacement for its legacy system.

Remarks By Counselor To The US Treasury Secretary Antonio Weiss At The University Of Pennsylvania Law School Institute For Law And Economics

Date 29/11/2016

Introduction

We meet today at a time of great change.  It is a time of transition in political power that will likely affect the course of policy at home and abroad.  In the area of financial policy, much is at stake.  We are just over six years into the implementation of a wide-ranging set of regulatory reforms adopted in response to a financial crisis that crippled our economy.  These reforms, including the Dodd-Frank Act, have made our financial system stronger and more resilient to future crises.

Ontario Securities Commission Announces New Commissioner Appointments

Date 29/11/2016

Ontario Securities Commission (OSC) Chair and CEO Maureen Jensen announced today the following appointments to the OSC. The Commissioners will each serve a two-year term effective November 16, 2016.

Binary Options - Autorité Des Marchés Financiers Updates Its List Of Illegally Operating Platforms

Date 29/11/2016

Once again, the Autorité des marchés financiers (the “AMF”) is sounding the alarm and alerting Québec consumers to the dangers of binary options. The AMF wishes to stress that no business is currently authorized to market or offer binary options in Québec.

European Parliament: Vote On Delaying Draft Investor Protection Rules To Allow Time For Improvements

Date 29/11/2016

Small investors need to be much better informed about possible risks and fees related to investment products they might buy, say MEPs. On Thursday they will vote to delay implementation of new rules under which investment companies have to provide a consumer-friendly document to guide prospective investors of “packaged retail and insurance-based investment products” (PRIIPs).