News Centre

HKEx: Government Re-Appointments To The Board

Date 14/03/2014

On 14 March 2014, the Government of Hong Kong Special Administrative Region of the People’s Republic of China (“Government”) announced the re-appointment of Messrs Chow Chung Kong (“Mr Chow”) and  Timothy George  Freshwater  (“Mr  Freshwater”)  as  members  of the  board  of directors (“Board”) of Hong Kong Exchanges and Clearing Limited (“HKEx”) each for a term of approximately 2 years from the close of HKEx’s annual general meeting (“AGM”) to be held on 16 April 2014 until the conclusion of the AGM to be held in 2016.

From Our Man At The 39th Annual International Futures Industry Conference. Tom Groenfeldt: Hong Kong Exchange Is Eager To Prove Kipling Wrong And Link East And West

Date 14/03/2014

“We look Chinese to Westerners, but to the Chinese we are not so Chinese,” said Charles Li, chief executive of Hong Kong Exchange and Clearing, in describing its role between China and the West. “We want to bring Chinese investors into Hong Kong and push other investors into China over large bridges and highways with exchanges on each side able to control the flow. We are trying to figure out how Hong Kong can add value to China’s coming out to meet the world.”

MCX Stock Exchange: Clarification On Speculative Reports And Market Rumours

Date 14/03/2014

MCX-SX would like to provide clarification on certain media reports and market rumors.

The board meeting which is scheduled to be held today is not an “emergency meeting” but is a regular meeting and planned a month in advance (on 15^th Feb) in order to block calendars of all board members. 

Moscow Exchange Announces Results For The Full Year 2013

Date 14/03/2014

Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards for the year ended 31 December 2013. Higher volumes on the FX, Bond and Money Markets as well as increased interest income resulted in strong growth in revenues and net income.

New Zealand's Financial Markets Authority: Changes To Financial Reporting Requirements

Date 14/03/2014

Commerce Minister Craig Foss and Revenue Minister Todd McClay today announced that the Financial Reporting Act, which changes financial reporting obligations for most companies, comes into effect on1 April 2014.

Japan's Financial Services Agency And National Association Of Insurance Commissioners Held The First Meeting Of The “NAIC-FSA 1st Insurance Regulatory Dialogue”

Date 14/03/2014

On March 13, 2014,  the Financial Services Agecy (FSA) and the National Association of Insurance Commissioners (NAIC) held 1st “FSA-NAIC Insurance Regulatory Dialogue” . Following the meeting, the JFSA published the statement that the two agreed to meet periodically and to strengthen their alliance.

Canadian Securities Regulators Adopt New Exemption For Distributions To Existing Security Holders

Date 13/03/2014

The securities regulatory authorities in British Columbia, Alberta, Saskatchewan, Manitoba, Québec, New Brunswick, Nova Scotia, Yukon, Northwest Territories, Nunavut, and Prince Edward Island today adopted a prospectus exemption that, subject to certain conditions, will allow issuers listed on the Toronto Stock Exchange (TSX), TSX Venture Exchange (TSX-V), and the Canadian Securities Exchange (CSE) to raise money by distributing securities to their existing security holders.

Thomson Reuters Annual Cost Of Compliance Survey Shows More Than Half Of Compliance Officers Expect Personal Liability To Increase In 2014 - Increased Cost Of Compliance, Ongoing Regulatory Change And Growing Importance On Reporting Place Added Demands On Compliance Teams

Date 13/03/2014

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the findings of its annual Cost of Compliance survey which revealed that 53 percent of compliance officers now feel that their personal liability has increased; a reflection of increased focus on senior individuals at the supranational level.

SEC Charges CR Intrinsic Analyst With Insider Trading

Date 13/03/2014

The Securities and Exchange Commission today charged a former analyst at an affiliate of hedge fund advisory firm S.A.C. Capital Advisors with insider trading based on nonpublic information that he obtained about a pair of technology companies. 

Latest DTCC Report Reveals Inflows Into Annuity Products Increased 11 Percent In 2013 - Data From Annuity Market Activity Report Sets Comparisons To Prior Year And Gives New Insights Into The Market For Annuity Transactions

Date 13/03/2014

The Depository Trust & Clearing Corporation (DTCC) has released detailed findings in its latest Annuity Market Activity Report for 2013 that reflect an increase in both inflows and outflows, compared to 2012.