News Centre

UK Financial Conduct Authority Warns Insurers About Support Provided To Struggling Customers

Date 03/07/2023

Home and motor insurers must improve their treatment of vulnerable customers and how they handle customers claims, a review by the Financial Conduct Authority has found.

A Time For Resolve And Realism: Speech By Mr Agustín Carstens, General Manager Of The BIS, On The Occasion Of The Bank's Annual General Meeting, Basel, 25 June 2023.

Date 03/07/2023

Welcome to the presentation of our 93rd BIS Annual Economic Report.

"Bretton Woods Agreements (Amendment) Bill" – Second Reading Speech By Mr Alvin Tan, Minister Of State, Ministry Of Culture, Community And Youth & Ministry Of Trade And Industry, And Board Member Of Monetary Authority Of Singapore, On Behalf Of Mr Tharman Shanmugaratnam, Senior Minister And Minister-In-Charge Of The Monetary Authority Of Singapore, On 3 July 2023

Date 03/07/2023

1. Mr Deputy Speaker, on behalf of Mr Tharman Shanmugaratnam, Senior Minister and Minister-in-Charge of the Monetary Authority of Singapore, I beg to move, “That the Bill be now read a second time”.

SEC No-Action Letter On MiFID II Lapses Today Causing Regulatory Challenges For Buy Side And Investment Research Providers

Date 03/07/2023

• Jeopardises investment research market worth ~$100m, making it even less competitive and therefore less diverse
• Prevents access to certain research insights in a time of high market volatility 
• Although ‘fixes’ are possible, there is no consensus way forward for institutions or research providers

Monetary Authority Of Singapore Publishes Investor Protection Measures For Digital Payment Token Services

Date 03/07/2023

The Monetary Authority of Singapore (MAS) today announced new requirements for Digital Payment Token (DPT) service providers to safekeep customer assets under a statutory trust before the end of the year. This will mitigate the risk of loss or misuse of customers’ assets, and facilitate the recovery of customers’ assets in the event of a DPT service provider’s insolvency. MAS will also restrict DPT service providers from facilitating lending and staking of DPT tokens by their retail customers. 

Speech By Loh Boon Chye, CEO, SGX Group, At Gift Nifty Bell Ringing Closing Ceremony

Date 03/07/2023

Together with NSE, SGX Group is delighted to mark a significant milestone in our partnership, as we make history with the successful transition of the SGX Nifty futures contracts to GIFT Nifty.

NSE IX-SGX GIFT Connect Becomes Fully Operational

Date 03/07/2023

• Full-scale operations of NSE IX-SGX GIFT Connect commenced today with US$8 billion open interest in Nifty futures and over US$1 billion open interest in Nifty options
• First-of-its-kind high-performance financial corridor between Singapore and India, driving deeper liquidity for the Nifty

Shanghai Stock Exchange Signs Memorandum Of Understanding On Cooperation With Mongolian Stock Exchange

Date 03/07/2023

On June 28, 2023, during the visit of the Prime Minister of Mongolia to China, Cai Jianchun, President of Shanghai Stock Exchange (SSE), and Altai Khangai, Chief Executive Officer of Mongolian Stock Exchange (MSE), representing their respective exchanges, signed a Memorandum of Understanding (MOU) on cooperation under the witness of Premier Li Qiang of the State Council and Mongolian Prime Minister Luvsannamsrai Oyun-Erdene.

African Development Bank, African Securities Exchanges Association Sign Agreement For $600,000 Grant To Expand Network Of Linked African Stock Exchanges To 15

Date 03/07/2023

The African Securities Exchanges Association (ASEA) and the African Development Bank Group on 28 June signed an agreement for a $600,000 grant to expand the number of linked African exchanges from 7 to 15 under the second phase of the African Exchanges Linkage Project.  

Shenzhen Stock Exchange Holds The International SME Investment And Financing Forum To Boost The Development Of SMEs Into Specialized And Sophisticated Enterprises That Produce New And Unique Products

Date 03/07/2023

On June 28, the Second International SME Investment and Financing Forum was held in Guangdong. The Forum was hosted by the Ministry of Industry and Information Technology, the State Administration for Market Regulation and the People’s Government of Guangdong Province and was organized by SZSE.