News Centre

Singapore Government Working With PRC Government And Remittance Companies To Help People Whose Remittances To Beneficiaries In China Have Been Frozen

Date 18/12/2023

The Singapore Police Force (SPF) and the Monetary Authority of Singapore (MAS) advised today that remittances of funds into the People’s Republic of China (PRC) should be made through channels such as banks and card networks, to prevent any inadvertent freezing of monies or accounts by PRC law enforcement agencies.

Hong Kong Securities And Futures Commission Reprimands And Fines Central Wealth Securities Investment Limited $1 Million For Breaching Financial Resources Rules

Date 18/12/2023

The Securities and Futures Commission (SFC) has reprimanded and fined Central Wealth Securities Investment Limited (Central Wealth) $1 million for failures in complying with the Securities and Futures (Financial Resources) Rules (FRR).

Emirates NBD And DIFC Launchpad Announce ‘National Digital Talent Incubator’ Program To Build Next Generation Of UAE Global Founders

Date 18/12/2023

• Incubator program supported by network of world-class industry partners including Visa, Microsoft and Dell Technologies
• Part of bank's commitment to attracting and developing UAE's national talent pool
• Collaboration to further companies' shared objective of contributing to Dubai's innovation and GDP growth ambitions
• Joint Initiative, led by Emirates NBD and DIFC Launchpad, strengthens long-term strategic partnership with DIFC

Raiffeisen Schweiz Joins SIX Digital Exchange, Expanding The Digital Financial Landscape In Switzerland

Date 18/12/2023

Raiffeisen Schweiz, a leading Swiss banking group, joins SDX, the world's first fully regulated financial market infrastructure for digital assets.

Fisher Funds Partners With NZX Wealth Technologies

Date 18/12/2023

Fisher Funds, which serves more than half a million clients with $23 billion in funds under management, has selected NZX Wealth Technologies’ platform to power their Private Portfolio Service, a DIMS (Discretionary Investment Management Services) originally offered to Kiwi Wealth high-net-worth clients.

Japan Financial Services Agency: Financial Industry-Wide Cybersecurity Exercise (Delta Wall VIII)

Date 18/12/2023

Large-scale cyberattacks are increasingly observed across the world. Techniques used by attackers become further sophisticated and complicated. Similarly, in Japan, cyberattacks increasingly cause disruption of business operations, compromise of confidential information and financial losses. Threats of cyberattacks potentially pose significant risks that could undermine financial stability. 

NGX Targets Gen Zs, Millennials To Deepen Capital Market ...Takes Financial Literacy Campaign To NYSC Camp

Date 17/12/2023

The Nigerian Exchange Limited has set a target to pull in younger investors in to the capital market with products and new initiatives.

Statement Of CFTC Commissioner Caroline D. Pham In Support Of Proposed Amendments To Capital And Financial Reporting Requirements For Swap Dealers And Major Swap Participants

Date 15/12/2023

I support the Notice of Proposed Rulemaking on Capital and Financial Reporting Requirements for Swap Dealers and Major Swap Participants (Proposal) because it addresses issues left outstanding from implementing a rule by offering pragmatic solutions that not only rectify the problem at hand, but do so without imposing unnecessary burdens or complications. I would like to thank Andrew Pai, Maria Aguilar-Rocha, Josh Beale, Tom Smith, and Amanda Olear in the Market Participants Division for their work on the Proposal. I greatly appreciate the time staff took to discuss my questions and concerns.

Supporting Statement Of CFTC Commissioner Summer K. Mersinger On Proposed Rulemaking To Codify Staff Relief

Date 15/12/2023

I am pleased to support the Commission’s notice of proposed rulemaking (“NPRM”) to codify in the agency’s rules previously-issued Staff relief regarding capital and financial reporting requirements for registered swap dealers (“SDs”).

Statement Of CFTC Commissioner Kristin N. Johnson Regarding Notice Of Proposed Rulemaking To Amend Capital And Financial Reporting Requirements For Swap Dealers And Major Swap Participants

Date 15/12/2023

The Commodity Futures Trading Commission (Commission or CFTC) adopted a proposal to amend certain of the Commission’s Part 23 regulations that impose minimum capital requirements and financial reporting obligations on swap dealers (SDs) and major swap participants (MSPs) (Proposed Amendments).[1]  I support the amendments advanced by the Market Participants Division (MPD).