News Centre

JPX Market Innovation & Research: Future Policies And Status Of Proof-of-Concept Testing For HTML Disclosure Of Earnings Reports (Kessan Tanshin)

Date 24/01/2024

JPX Market Innovation & Research, Inc.（JPXI）hereby announces the status of Proof-of-Concept testing for HTML disclosure of earnings reports* (hereinafter referred to as "the PoC testing") promoted by JPXI as of the end of November 2023, and future policies for the PoC testing In light of the revision of the quarterly disclosure system.

Singapore Securities Industry Council ("SIC" Or The "Council") Public Statement On Allied Technologies Limited

Date 24/01/2024

Background

1  On 17 June 2022, SRS Auto Holdings Pte. Ltd. (the “Offeror”) announced a voluntary cash offer (the “Offer”) at S$0.0088 per share for Allied Technologies Limited (the “Offeree”)  conditional upon 90% acceptance. The Offeror was wholly-owned by its sole director, Mr Tan Yew Kiat (“Mr Tan”). Mr Ryan Lin Longcai (“Mr Lin”) of Bayfront Law LLC (“Bayfront”) acted for the Offeror as legal adviser. No financial adviser was appointed in relation to the Offer.

Securities Commission Malaysia Charges Ex-Bank Analyst With Unlicensed Capital Market Activities - Accused Also Charged With Misusing Title Of “Unit Trust Consultant”

Date 24/01/2024

The Securities Commission Malaysia (SC) charged Mohd Arif Fadzlee bin Mohd Arifin (Arif), a former bank analyst and business owner, yesterday with two offences relating to unlicensed capital market activities and the misuse of the ‘unit trust consultant’ title.

ASIC Incorporates Legislative Changes To The Financial Adviser Exam

Date 24/01/2024

ASIC is implementing the Government’s amendments to the approved principles for the administration of the financial adviser exam that were registered on 18 January 2024. The amendments:

MIAX Exchange Group - Options Markets - Market For Underlying Security Used For Openings On MIAX Options, MIAX Pearl Options, And MIAX Emerald Options For Newly Listed Symbols Effective Wednesday, January 24, 2024

Date 23/01/2024

Please refer to the Regulatory Circulars listed below for newly added symbols and the corresponding market for the underlying security used for openings on the MIAX Exchanges. The newly listed symbols will be available for trading beginning Wednesday, January 24, 2024.

Enhancing Investor Protection In Ontario

Date 23/01/2024

The Financial Services Regulatory Authority of Ontario (FSRA) has approved the Canadian Investment Regulatory Organization (CIRO) as a credentialing body under Ontario's Financial Professionals Title Protection Act, 2019 (FPTPA). CIRO now has the authority to grant credentials that permit individuals to use the Financial Advisor title in Ontario.

MIAX Exchange Group - Options Markets - New Listings Effective For January 24, 2024

Date 23/01/2024

The attached option classes will begin trading on the MIAX Options Exchange, the MIAX Pearl Options Exchange, and the MIAX Emerald Options Exchange on Wednesday, January 24, 2024.

FINRA Publishes Crypto Asset Communications Sweep Update - Findings Show Potential Violations In 70% Of Materials Reviewed

Date 23/01/2024

FINRA has identified potential violations of FINRA Rule 2210 (Communications with the Public) in 70 percent of crypto asset communications it reviewed, according to a report published today on the results of a targeted exam.

Enhancing Investor Protection In Ontario: Canadian Investment Regulatory Organization Approved For Financial Advisor Title Use

Date 23/01/2024

The Financial Services Regulatory Authority of Ontario (FSRA) has approved the Canadian Investment Regulatory Organization (CIRO) as a credentialing body under Ontario's Financial Professionals Title Protection Act, 2019 (FPTPA). CIRO now has the authority to grant credentials that permit individuals to use the Financial Advisor title in Ontario.

Leaning In On Making Consumer Tech A Force For Good, Speech By Nikhil Rathi Chief Executive UK Financial Conduct Authority, Delivered At The Imperial College London Business School - How Can Consumer-Facing Technology Help Keep Consumer Markets Honest?

Date 23/01/2024

Highlights

• We are at a global inflection point in the rise of technology in financial services and must use and adapt our existing regulatory tools to protect consumers and markets while making sure we continue to embrace innovation.
• We must be alert to competition impacts. Big data must not be the preserve of Big Tech: A digital identity authentication system and a commitment to Open Data could boost productivity and consumer confidence in how their data is used.
• A wider debate between policymakers, industry and consumers is needed about what we are willing to risk in search of innovation and better products and services – and we must be honest that we cannot mitigate all risk that arises from rapid adoption of new technologies.
• Consumer facing technology in financial services should be used to boost financial inclusion and security of data and services, or the industry risks triggering a Techlash.