News Centre

Asset Managers To Ramp Up Oversight Automation To Manage Operational Risk, According To Research By Milestone Group

Date 29/05/2014

Asset managers are feeling unprepared for future challenges despite already making strides to improve fund oversight, according to a survey of North American institutional asset managers. The research, carried out by Milestone Group, surveyed leading organizations and showed that 40 percent of respondents felt their current operation was unprepared to meet anticipated regulatory changes and desired an increase in automation. However, approximately 61 percent would not wait for new regulations to arrive before strengthening oversight, as asset managers and trustees make protecting their reputation and the interests of investors their top priority.

Bank Of England And HM Treasury Funding For Lending Scheme – 2014 Q1 Usage And Lending data

Date 29/05/2014

The Bank has today published data on the use of the Funding for Lending Scheme (FLS) showing, for each group participating in the FLS Extension, the net quarterly flows of lending to UK businesses1 in the first quarter of 2014 and the amount borrowed from the Bank during February and March.

Singapore Accounting Standards Council And SGX Say Singapore-Listed Companies To Embrace Full Convergence With IFRS In 2018

Date 29/05/2014

The Singapore Accounting Standards Council (ASC) today said Singapore-incorporated companies listed on Singapore Exchange (SGX) will apply a new financial reporting framework identical to the International Financial Reporting Standards (IFRS) in 2018. SGX will work closely with the ASC to engage Singapore-listed companies on the transition to the new framework. 

Updated List Of Shariah-Compliant Securities By Securities Commission Malaysia 's Shariah Advisory Council

Date 29/05/2014

The Securities Commission Malaysia (SC) today released an updated list of Shariah-compliant securities approved by its Shariah Advisory Council (SAC).

ASEAN Exchanges Introduces Three New Tradable ASEAN Indices - New FTSE ASEAN Index Series Provides Comprehensive Suite Of Indices Benchmarking The ASEAN Region

Date 29/05/2014

The new FTSE ASEAN Index Series includes the FTSE ASEAN All-Share Index as the broad headline benchmark representing 90-95% of the investable market capitalisation in the region.  The existing FTSE ASEAN Index Series was originally initiated in partnership with the ASEAN Finance Ministers to promote ASEAN as a regional equity market grouping. It included the first benchmarks designed to support the creation of financial products and benchmarking requirements for ASEAN investment needs.

IOSCO Consults On Strategic Framework For Investor Education/Financial Literacy

Date 29/05/2014

The International Organization of Securities Commissions today published a consultation report on theStrategic Framework for Investor Education and Financial Literacy, which describes IOSCO’s role in promoting investor education and financial literacy and its strategic approach to both. 

A Release From The Egyptian Ministry Of Finance With Regard To Impose Of Taxes On Capital Gains Of The Egyptian Exchange

Date 29/05/2014

Reference to what has been circulated about imposing taxes on capital gains achieved in the Egyptian Exchange, ministry of finance confirmed that the calculation of the tax on profits will be on the net value of the market capitalization portfolio by the end of year, compared to its value at the date of approving that law regardless of the purchase date preceding this law, taking into consideration to relay any losses achieved by the investor for the coming 3 years.

Speech By Song Liping, Shenzhen Stock Exchange President & CEO, At The 4th Western China Hi-Tech Industry & Financial Capital Matchmaking Forum

Date 29/05/2014

Dear colleagues and distinguished guests: 

Good morning.

This is the fourth year that we hold the Western China Hi-Tech Industry & Financial Capital Matchmaking Forum. Over the past five years, the forum has not only yielded fruitful results in linking up investors with fund-seeking entrepreneurs, but also served as a platform to broaden mind, exchange ideas and deepen understanding. Just recently, listed companies completed their disclosure of 2013 annual reports and Shenzhen Stock Exchange (SZSE) has conducted a comprehensive analysis of the data contained in the reports. Here, I’d like to share my views on the theme of the forum with you from the following two aspects based on the performance results of listed companies.

Japan's Securities And Exchange Surveillance Commission: The Securities Inspection Policy And The Program For 2014(25/March/2014)

Date 29/05/2014

The mission of the Securities and Exchange Surveillance Commission (SESC) is to ensure fairness  and  transparency  of  the  Japanese  capital  and  financial  markets  and  to  protect investors.

DIFC Delegation To Boost Chinese Trade Relations In Beijing

Date 29/05/2014

His Excellency Essa Kazim, Governor of Dubai International Financial Centre (DIFC) and Chairman of the DIFC Authority, last week led a trade delegation to Beijing to reinforce and build upon the increasingly important trade partnership between the UAE and China.