News Centre

Singapore Issues Environmental Crimes Money Laundering National Risk Assessment

Date 29/05/2024

Singapore published today an Environmental Crimes Money Laundering (ML) National Risk Assessment (NRA) which identifies the key threats and vulnerabilities in environmental crimes ML that Singapore is exposed to, and outlines mitigation measures which government agencies, financial institutions (“FIs”) and Designated Non-Financial Businesses and Professionals (“DNFBPs”) can develop to address the risks. 

Hong Kong Securities And Futures Commission Top Executives Visit Saudi Arabia And UAE To Foster Financial Services Collaboration

Date 29/05/2024

The Securities and Futures Commission’s (SFC) Chief Executive Officer, Ms Julia Leung, and its Executive Director of Investment Products, Ms Christina Choi, will visit the Kingdom of Saudi Arabia and the United Arab Emirates (UAE) – the first official visit to the Middle East by the SFC’s top management.

Osaka Exchange: First Anniversary Of The Listing Of Six New Derivatives Products

Date 29/05/2024

• Nikkei 225 micro Futures
• Nikkei 225 mini Options
• 3-Month TONA Futures
• S&P/JPX 500 ESG Score Tilted Index Futures
• FTSE JPX Net Zero Japan 500 Index Futures
• Nikkei 225 Climate Change 1.5°C Target Index Futures

Opening Addressm, Dato’ Seri Dr. Awang Adek Hussin Chairman, Securities Commission Malaysia, Global Forum On Islamic Economics And Finance (GFIEF), The Development Of Islamic Capital Market In Malaysia: The Way Forward 29 May 2024

Date 29/05/2024

In his opening address, SC Chairman, Dato’ Seri Dr. Awang Adek Hussin, urged key stakeholders to rise to the challenge in unlocking the true potential of Islamic finance by cultivating and promoting a comprehensive and sound Islamic ecosystem. He also reflected on the SC’s Islamic capital market (ICM) journey over the past decades, and shared the SC’s ICM strategies going forward.

Sophie Spedding Joins NZX As Future Director

Date 29/05/2024

The NZX Board is pleased to announce the appointment of Sophie Spedding as its next Future Director.

IOSCO Board Re-Elects CFTC Chairman Behnam As Vice Chair

Date 28/05/2024

The Board of the International Organization of Securities Commissions (IOSCO) has re-elected CFTC Chairman Rostin Behnam as a Vice Chair for the term 2024-2026, a role to which he was originally elected in October 2022. This year’s election took place at IOSCO’s 2024 Annual Meeting in Athens, Greece. As a member of the IOSCO Board’s Management Team, Chairman Behnam helps guide IOSCO’s policy development and overall management.

MIAX Options: Proposed Rule Change To Amend FINRA Rule 12800 (Simplified Arbitration) To Clarify And Amend The Applicability Of The Document Production Lists

Date 28/05/2024

FINRA has filed a proposed rule change to amend FINRA Rule 12800(g)(1) to give customers in paper cases and special proceedings the option to elect at the time that they initiate an arbitration or, if they are a respondent, no later than the answer due date, whether they want the Document Production Lists to apply to all parties.

US Acting Comptroller Of The Currency Discusses Recovery Planning

Date 28/05/2024

Acting Comptroller of the Currency Michael J. Hsu discussed recovery planning via livestream in remarks May 27 at the Entrepreneurship, Markets and Technology: Regulation's Challenges in a Changing World Conference in Zurich, Switzerland.

Canadian Anti-Fraud Centre And The Canadian Investment Regulatory Organization: Warning On Crypto And Romance Frauds

Date 28/05/2024

The Canadian Anti-Fraud Centre (CAFC) and the Canadian Investment Regulatory Organization (CIRO) are raising awareness among Canadians about the increasing threat of sophisticated scams, particularly those involving extended online communication. These scams often culminate in convincing individuals to invest in various schemes, frequently involving cryptocurrencies.

Funds To Protect Deposits In Case Of Bank Failure Are Going Up, EBA Data Shows

Date 28/05/2024

• Deposits protected by EU deposit guarantee schemes (DGS) increased by 1.7% to 8.5 trillion Euros between 2022 and 2023, whereas funds available to protect those deposits in case of bank failures rose by 14.9% to 73 billion Euros.
• The high increase in the amount of funds held by DGSs to protect deposits reflects the need for all the DGSs to reach the minimum target level of 0.8% of covered deposits by July 2024.
• As of 31 December 2023, 21 of the 36 DGSs in the European Economic Area (EEA) had already reached the minimum target level ahead of the deadline.