News Centre

Ran Hua, Chairman Of Dalian Commodity Exchange: Enhancing Market Efficiency And Industry Services To Support High-Quality Development Of Oils, Oilseeds, Agriculture And Livestock Sectors

Date 07/11/2023

On November 2, 2023, the 17th China International Oils and Oilseeds Conference (CIOC) & Agricultural and Livestock Industry (Derivatives) Conference, jointly organized by Dalian Commodity Exchange (DCE) and Bursa Malaysia Derivatives Berhad (BMD), with special support from the China Feed Industry Association (CFIA), took place in Dalian, China. Ran Hua, Chairman of DCE, stated in his address that DCE would continue to take various measures to enhance market efficiency and industry service capabilities, supporting the high-quality development of the oils, oilseeds, agriculture and livestock sectors.

"Transition, Technology And Talent To Accelerate The Value Of Insurance" - Keynote Address By Mr Lawrence Wong, Deputy Prime Minister And Minister For Finance, And Chairman Of The Monetary Authority Of Singapore, At The 2023 Global Insurance Forum On 7 November 2023

Date 07/11/2023

Good morning. I am very happy to join you for this year’s Global Insurance Forum – finally, back in Singapore, in-person, after three years in a virtual format. It’s good that we have the chance to meet face-to-face. Let me also extend a very warm welcome to all our overseas guests.

Written Reply To Singapore Parliamentary Question On Anti-Money Laundering Measures And Opening Of Bank Accounts

Date 07/11/2023

Question:

To ask the Prime Minister whether the current anti-money laundering measures in Singapore will result in a delay in the opening of bank accounts for companies; and (b) if so, how will such delays affect Singapore’s reputation as having an efficient business environment.

Written Reply To Singapore Parliamentary Question On Hardware Tokens

Date 07/11/2023

Question:

To ask the Prime Minister (a) which retail banks in Singapore have phased out hardware tokens for customers; and (b) whether the Monetary Authority of Singapore will mandate that this option be available to customers to enhance the security of online banking.

Red Light For Greenwashing, Greenwashing Is Simply Misleading And Deceptive Conduct By Another Name, Writes ASIC Deputy Chair Sarah Court FAICD

Date 07/11/2023

ASIC is deeply committed to protecting Australians from financial harm, acting on and deterring misconduct, and upholding the integrity of Australia’s financial system. To support this commitment, last year, I announced ASIC’s 2023 enforcement priorities. Following an influx of sustainability-related products into the market as entities launched ‘green’ products to satisfy consumer appetite, our enforcement priorities included a focus on greenwashing.

CFTC Chairman Behnam To Provide Opening Remarks At The Global Financial Innovation Network Conference

Date 06/11/2023

CFTC Chairman Behnam To Participate In A Fireside Chat At SIFMA’s Annual Meeting

Date 06/11/2023

Federal Reserve: Senior Loan Officer Opinion Survey On Bank Lending Practices

Date 06/11/2023

Survey of up to eighty large domestic banks and twenty-four U.S. branches and agencies of foreign banks. The Federal Reserve generally conducts the survey quarterly, timing it so that results are available for the January/February, April/May, August, and October/November meetings of the Federal Open Market Committee. The Federal Reserve occasionally conducts one or two additional surveys during the year. Questions cover changes in the standards and terms of the banks' lending and the state of business and household demand for loans. The survey often includes questions on one or two other topics of current interest.

CFTC: Federal Court Orders Former New York City Resident To Pay Over $2.6 Million In Monetary Sanctions For Fraudulent Solicitation And Misappropriation In A Commodity Pool Scheme

Date 06/11/2023

The Commodity Futures Trading Commission today announced the U.S. District Court for the Eastern District of New York entered an order of final judgment against Mark A. Ramkishun, a former resident of Brooklyn, New York. The order resolves the CFTC’s January 9 lawsuit against Ramkishun and finds him liable for fraudulently soliciting investments in a purported commodity pool and misappropriating pool participants’ funds. [See CFTC Press Release No. 8646-23].

ISDA derivatiViews: Thinking About US Treasury Clearing

Date 06/11/2023

It is expected that the US Securities and Exchange Commission (SEC) will soon finalize rules that will mandate the clearing of certain trades involving US Treasury securities. Given the pivotal role US Treasuries play in the derivatives and financial markets, it’s critical we think hard about the various implications and consequences of the SEC and other rules in combination to ensure we don’t negatively impact liquidity and market capacity.