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News Centre
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Date 14/11/2013
Hong Kong's Securities And Futures Commission Welcomes Appointment Of Non-Executive Directors
The Securities and Futures Commission (SFC) welcomes the appointment by the Financial Secretary of Ms Mary Ma Xuezheng and re-appointment of Mr Lawrence Lee Kam-hung as Non-Executive Directors for a term of two years effective from 15 November 2013.
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Date 14/11/2013
Singapore's Financial System Assessed To Be Well-Regulated
The Monetary Authority of Singapore (MAS) announced today that an assessment under the International Monetary Fund (IMF)’s Financial Sector Assessment Programme (FSAP)1 has found Singapore’s financial sector to be well-regulated and highly developed.
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Date 14/11/2013
Thai Bourse Donates Funds For Typhoon Victims In The Philippines
The Stock Exchange of Thailand (SET) has granted THB 1 million (approx. USD 32,000) through the Thai government to aid the Philippines recover from the ravages of Typhoon Haiyan.
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Date 14/11/2013
FCA Regulations Will Hurt UK Collections Success, FICO Survey Finds - Two-Thirds Of Collections Professionals Surveyed Say FCA Regulations Will Make Debt Collection More Costly And Harm Collection Rates
New regulations being considered by the Financial Conduct Authority (FCA) will drive up collection costs and hurt collection rates. That's an early finding from a new study being released next month by FICO (NYSE:FICO), a leading predictive analytics and decision management software company, and Market Force.
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Date 14/11/2013
Traiana Opens Singapore Office As It Expands In Asia-Pacific
Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces that it has created a hub for its Asia Pacific business by opening a new office in Singapore.
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Date 14/11/2013
BATS Chi-X Europe Welcomes Lyxor ETFs - Lyxor Becomes Second ETF Provider To List On BATS Chi-X Europe - Two Etfs To Commence Trading On 25th November 2013
BATS Chi-X Europe today announced that Lyxor Asset Management, a leading exchange-traded fund (ETF) provider and subsidiary of Societe Generale Group, will list two ETFs on BATS Chi-X Europe’s Regulated Market on Monday 25th November 2013.
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Date 14/11/2013
Hong Kong's Securities And Futures Commission: Unlicensed Futures Contract Adviser Given Suspended Jail Sentence
The Eastern Magistrates’ Court today sentenced Mr Gordon Mui Kwong Yin to three months imprisonment, suspended for 12 months, for providing online advice on trading in futures contracts without a licence.
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Date 14/11/2013
CME Group Approves China Merchants Futures As New Clearing Member
CME Group, the world's leading and most diverse derivatives marketplace, today announced China Merchants Futures (HK) Co. Limited, a wholly-owned unit of China Merchant Securities Company Limited, has been approved as a CME, CBOT, NYMEX and COMEX Clearing Member, effective 21 October 2013.
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Date 14/11/2013
Finansinspektionen (FI) Swedish Financial Supervisory Authority: Risks In The Financial System 2013
The high level of debt among Swedish households poses a risk to individual households and, in the long run, also to financial stability. Finansinspektionen FI currently believes that raising the risk weight floor to 25 per cent would be a sound decision. Major Swedish banks have sufficient resilience to a sharp downturn in the economy, but their considerable dependence on market funding continues to be a risk. The major banks should therefore be conservative in the long run with regard to dividends since they have small margins above the buffer requirements. These are the conclusions from FI’s annual Risk Report.
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Date 14/11/2013
New Zealand's Financial Markets Authority: We Are Now Consulting On Standards And Conditions For New Licenses
The Financial Markets Conduct Act 2013 (the Act) introduces licensing for providers offering certain types of financial services.
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