News Centre

FSB: Virtual Public Workshop On The Evaluation Of The Effects Of The G20 Financial Regulatory Reforms On Securitisation

Date 26/07/2024

Join us virtually on 22 August at 13:00-15:00 CEST to discuss our consultation report on the evaluation of the effects of the G20 financial regulatory reforms on securitisation.

AI Expert To Lead Action Plan To Ensure UK Reaps The Benefits Of Artificial Intelligence

Date 26/07/2024

UK Science Secretary Peter Kyle has commissioned an Action Plan to identify how AI can drive economic growth.

UK Financial Conduct Authority Sets Out Rules And Proposals To Build Up UK Wholesale Markets

Date 26/07/2024

The FCA has set out a package of measures designed to help strengthen the UK’s capital markets and position as a global and vibrant financial centre. 

SIX Increases Operating Income And Profit In The First Half-Year

Date 26/07/2024

Selected financial figures for the first half of 2024
(% corresponds to change in comparison with the same period of the previous year)

• Operating income rose to CHF 790.9 million (+3.4% at constant exchange rates, +2.6% at reported rates)
• Earnings before interest, tax, depreciation, and amortization (EBITDA) increased 1.0% at constant exchange rates to CHF 224.7 million (-0.4% at reported rates)
• Earnings before interest and tax (EBIT) of CHF 153.2 million are above previous year’s level (+16.9% at constant exchange rates, +14.9% at reported rates)
• Group net profit grew by 14.0% at constant exchange rates, to CHF 117.5 million (+11.8% at reported rates)

Japan Financial Services Agency: Memorandum Of Cooperation In The Area Of Banking Supervision With De Nederlandsche Bank

Date 26/07/2024

On July 3, the Financial Services Agency and De Nederlandsche Bank (DNB) signed a Memorandum of Cooperation (MoC) regarding cooperation and the exchange of information in the supervision of banks that are supervised by each of the two authorities.

Hong Kong Securities And Futures Commission Welcomes Appointment And Re-Appointment Of Non-Executive Directors

Date 26/07/2024

The Securities and Futures Commission (SFC) welcomes the appointment by the Financial Secretary of Mr Vincent Chan Chun-hung and the re-appointment of Mr Victor Dawes, SC, as Non-Executive Directors for a term of two years from 1 August 2024.

Japan Financial Services Agency: Discussion Paper On Lifecycle Management Of Products, Services And Activities

Date 26/07/2024

On June 19, 2024, the FSA published a Discussion Paper on Lifecycle Management of Products, Services and Activities. The document highlights FSA’s fundamental approach to the lifecycle management of products at banks and securities firms. It is based on the results of a survey on the new product approval framework as well as the ongoing risk management of products at G-SIBs’ Japanese entities, major Japanese banks, and major Japanese securities firms. This is the provisional translation of the paper.

Hong Kong Securities And Futures Commission And Hong Kong Insurance Authority Joined Forces To Tackle Cross-Sector Irregularities

Date 26/07/2024

The Securities and Futures Commission (SFC) and the Insurance Authority (IA) have joined forces to tackle suspected irregularities concerning the investment portfolio of Tahoe Life Insurance Company Limited (Tahoe Life).

Osaka Exchange: Nikkei 225 Micro Futures Monthly Trading Volume Exceeds 10 Million Contracts For First Time

Date 26/07/2024

In light of the increase in need for more detailed risk management methods against the backdrop of the trend toward smaller investments in the cash equity market, on May 29, 2023, Osaka Exchange (OSE) listed Nikkei 225 micro Futures: index futures contracts in units one tenth of the size of the Nikkei 225 mini, which is one of OSE’s flagship products.

Publication Of “Tokyo Stock Exchange Official Guide Pricing Mechanism Of arrowhead – Second Edition” (Japanese Version)

Date 26/07/2024

TSE plans to review its trading rules of cash equity market in November 2024, including the introduction of Closing Auction, etc.