News Centre

Abu Dhabi Global Market And Cayman Islands Monetary Authority Sign MoU On Bilateral Cooperation

Date 14/06/2016

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Cayman Islands Monetary Authority (CIMA) signed a Memorandum of Understanding (MoU) putting in place a framework for mutual assistance and exchange of information to foster high standards of regulatory practice and compliance in both jurisdictions.  The agreement was signed on 9 June 2016 by Cindy Scotland, Managing Director of CIMA, and Richard Teng, CEO of FSRA, ADGM.

Accuity Recognized As A Category Leader In 2016 RiskTech Quadrant® For Watchlist Monitoring Solutions

Date 14/06/2016

Accuity, the leading global provider of risk and compliance, payments and know-your-customer (KYC) solutions, now incorporating FircoSoft, the leading global provider of watch list filtering solutions, announced today that it has been recognized as a category leader in the Watchlist Monitoring Solutions RiskTech Quadrant® of Chartis’ 2016 Financial Crime Risk Management report. Accuity acquired FircoSoft in 2014 and together they specialise in providing data, technology and services to assist in the prevention of money laundering, terrorism financing, and financial transaction tampering. This report reflects the integration of Accuity data and FircoSoft software.

CESC Index Report For May

Date 14/06/2016

Highlights

• CES 120 and CES Gaming Index generally outperformed Mainland and Hong Kong stocks. 
• A shares rallied on a new guideline on trade suspension and resumption, and inflow of foreign capital 
• MSCI Emerging Markets Index plunged 3.9 per cent 
• Stock Connect’s Southbound quota looks set to be exhausted in the third quarter 
• A shares continue to trade at a high premium to H shares

ASIC Reports On ASX's Listing Standards

Date 14/06/2016

ASIC has today released its assessment report on the listing standards of the Australian Securities Exchange Limited (ASX), which concludes that up to this point in time ASX has met its statutory obligations.

Hong Kong's Securities And Futures Commission: Keynote Speech At ASIFMA-GFMA Market Liquidity Conference 2016

Date 14/06/2016

A speech entitled “Liquidity Risk Management of Investment Funds" delivered by Ms Julia Leung on 14 June 2016 was posted on the SFC website today.

Osaka Securities Exchange: Latest Update Of Deliverable Bonds And Conversion Factors Of JGB Futures

Date 14/06/2016

MIAX Options Exchange: MIAX Options - Introducing Additional Report Types

Date 13/06/2016

The MIAX Options Exchange is pleased to announce that beginning with the June 2016 billing period, MIAX is introducing the following new reports/transmissions:

• An end-of-month, full-month Traded Against report where Exchange Fee Rate and Exchange Fee Net reflect final Member Firm tier threshold performance and thus final fees and rebate for each trade.
• An end-of-month, full-month Trade and Charge Detail transmission which provides both trade and charge details.

HSBC Entities Settle With British Columbia Securities Commission For Charging Clients Excess Fees

Date 13/06/2016

In a settlement agreement with the British Columbia Securities Commission (BCSC), HSBC Investment Funds (Canada) Inc. (HIFC) and HSBC Private Wealth Services (Canada) Inc. (HPWS) have agreed they charged excess fees in some client accounts.

New York State Department of Financial Services Grants Virtual Currency License To XRP II, LLC, An Affiliate Of Ripple - Four Virtual Currency Firms Have Now Received Approval By DFS To Operate In New York

Date 13/06/2016

Maria T. Vullo, Acting Superintendent of Financial Services, today announced that the New York State Department of Financial Services (DFS) has approved the application of XRP II, LLC, an affiliate of Ripple Labs, Inc., for a virtual currency license.

British Columbia Securities Commission Releases 2016 Annual Compliance Report Card

Date 13/06/2016

The British Columbia Securities Commission (BCSC) today published its 2016 Annual Compliance Report Card. The report card summarizes the compliance strengths and weaknesses found in B.C.-based portfolio managers, investment fund managers, and exempt market dealers over the past year.