News Centre

Invest Malaysia 2024 - China: Regaining Malaysia’s Lead In Asia - Strengthening Economic And Investment Ties Between Malaysia And China In Commemoration Of 50 Years Of Diplomatic Ties

Date 23/04/2024

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”), in collaboration with China International Capital Corporation Limited (“CICC”) and Malayan Banking Berhad (“Maybank”), today concluded the Invest Malaysia 2024 - China. Themed “Regaining Malaysia’s Lead in Asia,” the virtual event was premised on enhancing investment and trade flows between Malaysia and China, by promoting Malaysia as a compelling economic and investment destination to China-based institutional investors and fund managers. The conference was also in commemoration of the 50 years anniversary of diplomatic relations between the two nations.

Tokyo Stock Exchange And Japan Ministry Of Economy, Trade And Industry: Selection Of SX Brands 2024

Date 23/04/2024

Tokyo Stock Exchange (TSE) and the Ministry of Economy, Trade and Industry (METI) have started a project for selecting and awarding the designation of "SX (Sustainability Transformation*) Brands" to a group of progressive companies. These are corporations that are enhancing their ability to create a source of funds for growth in a sustainable manner, using SX to improve their corporate value

ASX Releases Industry Whitepaper On T+1 Settlement

Date 23/04/2024

ASX has today released an industry whitepaper to facilitate a discussion on the potential move from T+2 to T+1 settlement in Australia and is inviting industry stakeholders to make a submission. The whitepaper outlines how Australia's unique market structure, size, time zone, investment flows, and trading activity necessitates careful industry consideration of the risks, benefits, and costs of transitioning to T+1. 

Hong Kong Securities And Futures Commission Warns Public Of CBEX Group And Bitget Pro For Suspected Virtual Asset-Related Fraud

Date 23/04/2024

The Securities and Futures Commission (SFC) today warns the public of entities operating under the names of “CBEX Group” and “Bitget Pro” for suspected virtual asset-related fraudulent activities.

Start Preparing Now: Early ASIC Guidance On The Mandatory Climate Disclosure Regime - Keynote Speech By ASIC Chair Joe Longo At The Deakin Law School International Sustainability Reporting Forum, 22 April 2024.

Date 23/04/2024

KEY POINTS

• As we move to join the ever-growing ranks of jurisdictions with mandatory climate disclosure, entities should start putting into place the systems, processes and governance practices that will be required to meet new climate reporting requirements.
• As with any new regulatory regime, ASIC will take a pragmatic approach to the supervision and enforcement of the regime, and we will develop and issue guidance to help entities meet their new obligations.
• We will also work with the Government and the other Council of Financial Regulators (CFR) agencies on supporting implementation of the regime, including on broader initiatives that will assist entities meet their new obligations.

SGX RegCo Wants Boards To Help Enable Shareholder-Requisitioned Meetings

Date 23/04/2024

To improve board-shareholder engagements, Singapore Exchange Regulation (SGX RegCo) is proposing a rule change to require listed issuers to assist shareholders who have requisitioned a general meeting so that the meeting can take place as soon as practicable. Issuers are to commence facilitative efforts within 21 days of deposit of the requisition notice. An issuer who disputes the validity of the requisition notice must apply for a court ruling within the same timeline.

Hong Kong Securities And Futures Commission Commences Market Misconduct Tribunal Proceedings Against Dan Form’s Company Secretary And Three Others Over Suspected Insider Dealing

Date 23/04/2024

The Securities and Futures Commission (SFC) has commenced proceedings in the Market Misconduct Tribunal (MMT) against Ms Cynthia Chen Si Ying, Mr Wen Lide, Mr Sit Yuk Yin and Ms Choi Ban Yee for suspected insider dealing in the shares of Asiasec Properties Limited (formerly known as Dan Form Holdings Company Limited) (Dan Form).

ASIC: No-Action Position On Financial Reporting Obligations Of Special Purpose Financing Subsidiaries And Their Guarantors

Date 23/04/2024

In response to stakeholder feedback, ASIC has adopted a no-action position on the financial reporting obligations of special purpose financing subsidiaries or other wholly-owned subsidiaries that issue debentures to sophisticated or professional investors, and their guarantors, that may have been relying on relief under ASIC Corporations (Wholly-Owned Companies) Instrument 2016/785 (ASIC Instrument 2016/785).

New Zealand Financial Markets Authority Underlines Importance Of Effective Liquidity Risk Management For Fund Managers

Date 23/04/2024

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has published its guide for Managed Investment Scheme (MIS) managers and their supervisors for effective liquidity risk management (LRM), following consultation.  

CFTC To Hold A Commission Open Meeting April 29

Date 22/04/2024

Commodity Futures Trading Commission Chairman Rostin Behnam today announced the Commission will hold an open meeting on Monday, April 29 at 9:30 a.m. (EDT) at the CFTC’s Washington, D.C. headquarters. Members of the public can attend the meeting in person, listen by phone, or view a live stream at CFTC.gov.