News Centre

Appointments To Hong Kong's Securities And Futures Commission Committees

Date 30/03/2012

The Securities and Futures Commission (SFC) is pleased to announce new appointments and re-appointments to the following committees with effect from 1 April 2012:

• Academic and Accreditation Advisory Committee
• Disciplinary Chair Committee
• Investor Compensation Fund Committee
• Investor Education Advisory Committee
• Nominations Committee
• Products Advisory Committee
• Securities Compensation Fund Committee
• SFC Dual Filing Advisory Group
• SFC (HKEC Listing) Committee
• Takeovers and Mergers Panel
• Takeovers Appeal Committee

NZX Consults On Proposed Rule Changes

Date 30/03/2012

NZX has today released a consultation memorandum regarding proposed amendments to the Main Board and Debt Market Listing Rules (“Listing Rules”).

Tokyo Grain Exchange: Maximum Rate For Additional Discharging Ports Charge

Date 30/03/2012

We refer to (2) (c) of 11. in Detailed Rules for Delivery of Raw Sugar and inform you that the maximum rate to be applied to delivery of Raw Sugar for the contract month of Jul 2012 is US$５.３２ per metric ton for each additional discharging port. 

Economy:US And Europe Facing Separate Growth Tracks, Says OECD

Date 29/03/2012

Economic growth in the G7 countries is expected to be firmer through the first half of 2012, but the recovery remains fragile and is expected to proceed at different speeds in North America and Europe, the OECD said in its latest Interim Economic Assessment.

ISDA: Final IRS, Credit And Equity Derivatives Matrix And Legend published (Standardisation Q2 2011)

Date 29/03/2012

In the March 2010 Regulator Letter  G14 firms committed to drive a high level of product, processing and legal standardization in each asset class with a goal of securing operational efficiency, mitigating operational risk and increasing the netting and clearing potential for appropriate products (recognizing that standardization is only one of a number of criteria for clearing eligibility). Accordingly, work streams were set up and have since been on going to allow analysis of existing, and where appropriate, identify potential opportunities for further Standardization.  A standardization matrix was completed in partnership with the Supervisors.

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 29/03/2012

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

Brookfield Asset Management Inc. (TSX:BAM.A) has announced that it will redeem for $CDN25.00 cash per share all of the outstanding shares of its Class A Preferred Shares, Series 10 (TSX:BAM.PR.H) at the close on April 5, 2012. The shares of this issue will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX North American Preferred Stock Index after the close of trading on Thursday, April 5, 2012.

NYSE Technologies And Koscom Announce Memorandum Of Understanding - Expanding SFTI’s Reach, Enhancing Global Market Access And Offering More Trading Services - Enhancing NYSE Technologies’ Capital Markets Community With Connectivity To Korea

Date 29/03/2012

NYSE Technologies, the commercial technology division of NYSE Euronext and  Koscom Corporation, the technology firm created by the Korean Ministry of  Finance and Korea Exchange, today announced the signing of a Memorandum of  Understanding (MOU) that formalizes a joint commitment to continued technology  cooperation and the creation of new international business opportunities.  The  agreement also supports NYSE Technologies’ core capital markets community  strategy of connecting a diverse range of key global vendors, market  participants and trading destinations to the Secure Financial Transaction  Infrastructure (SFTI) network.

Oral Testimony By Chairman Gary Gensler Before The U.S. Senate Appropriations Subcommittee On Financial Services And General Government

Date 29/03/2012

Good afternoon Chairman Durbin, Ranking Member Moran and members of the Subcommittee.  Thank you for inviting me here to speak about the CFTC’s funding request for 2013.

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 29/03/2012

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

The shares of Sunward Resources Ltd. (TSXVN:SWD) will be removed from the S&P/TSX Venture Composite Index after the close of Friday, March 30, 2012. At that time, the company will graduate to trade on TSX under the same ticker symbol. There is no consolidation of capital.

DTCC Statement On EMIR Agreement

Date 29/03/2012

"DTCC welcomes today’s agreement on European Market Infrastructure Regulation (EMIR).  This is a major milestone in Europe’s efforts to bring greater stability and risk mitigation to financial markets. We look forward to continuing to work collaboratively with policymakers and regulators as ESMA begins to write the detailed rules for implementing EMIR. A major issue in the months ahead will be addressing unresolved issues such as extraterritoriality and harmonisation of new regulations with and between the United States and Asia."