News Centre

UK Serious Fraud Office And Standard Bank - Deferred Prosecution Agreement Hearing

Date 26/11/2015

A proposal to enter into a Deferred Prosecution Agreement ("DPA") with Standard Bank Plc (now known as ICBC Standard Bank Plc), has already been approved in principle by Lord Justice Leveson.  On Monday, 30th November 2015, the SFO will apply for final approval of the DPA before the same judge at Southwark Crown Court, sitting at the Royal Courts of Justice.

ESMA And SFC To Exchange Information On Derivative Contracts Held In Trade Repositories

Date 26/11/2015

The European Securities and Markets Authority (ESMA) and the Securities and Futures Commission (SFC) of Hong Kong have concluded a Memorandum of Understanding (MoU) that will allow the exchange of information on derivative contracts held in trade repositories. 

ASX And The Perth Mint To Develop Precious Metals Derivatives Products

Date 26/11/2015

ASX and The Perth Mint (Gold Corporation) have signed an agreement to develop new precious metals derivatives products that will be quoted and traded on ASX.

UK's Financial Conduct Authority Fines Barclays £72 Million For Poor Handling Of Financial Crime Risks

Date 26/11/2015

The Financial Conduct Authority (FCA) has today fined Barclays Bank (Barclays) £72,069,400 for failing to minimise the risk that it may be used to facilitate financial crime.

UK's Financial Conduct Authority Consults On Changes To PPI Complaint Handling Rules

Date 26/11/2015

In a statement published on 2 October 2015, the Financial Conduct Authority (FCA) stated that we would consult on introducing a deadline for making payment protection insurance (PPI) complaints, accompanied by a consumer communications campaign, and on new rules and guidance for handling PPI complaints in light of the Supreme Court’s decision in Plevin v Paragon Personal Finance Ltd.

Haitong International Goes Live With GBST’s Syn~TAC Middle Office Solution - Its Global Institutional Business Now More Responsive To Market Changes And Increasing Customer Demands

Date 26/11/2015

GBST Holdings Limited (ASX: GBT), “GBST”, a global provider of securities transaction and fund administration software for the financial services industry, announces Haitong International Securities Group Limited (“Haitong International”, Stock Code: 665.HK) has successfully gone live with its Syn~ capital markets platform in line with a stipulated twelve week implementation timeframe. GBST relied on its extensive domain knowledge and implementation skills to ensure the success of the project.

AlSafwa Islamic Financial Services Debuts Its Journey As The First Private Joint Stock Company On DFM’s (Second Market)

Date 26/11/2015

• His Excellency Essa Kazim: “The ‘Second Market’ provides new route for growth and development of private companies and further strengthen the leading position of capital market in the UAE”
• Sheikh Abdulaziz Bin Humaid Al Noaimi: The listing will reinforce the company’s position locally and regionally 

MNI India Business Sentiment Indicator: India Business Confidence At Lowest Since Feb 2014 - Growth In New Orders And Production Continues To Ease

Date 26/11/2015

The busy festival season failed to bring cheer to India’s largest companies in November, as business sentiment fell to the lowest level since February 2014, with companies also seeing little chance of a revival over the coming months.

SGX Welcomes The Trendlines Group As 100th New Listing On Catalist

Date 26/11/2015

Singapore Exchange (SGX) today welcomed The Trendlines Group Ltd. (Trendlines) to Catalist under the stock code “42T”, marking Catalist’s 100th new listing since it was officially launched in November 2007. 

Dalian Commodity Exchange Holds Forum On Integrity In Changchun

Date 26/11/2015

Recently Dalian Commodity Exchange (DCE) held the “2015 First Forum on Integrity Construction in Futures Market” in Changchun City, Jilin Province, with the aim of pushing the investors in the futures market to understand and participate in the integrity construction of the futures market.