News Centre

Japan Exchange Group: Notice Of Partial Amendment To The Articles Of Incorporation

Date 27/04/2023

At the meeting of the Board of Directors held on April 27, 2023, Japan Exchange Group, Inc. (JPX) resolved to propose a "Partial Amendment to the Articles of Incorporation" for resolution at the 22nd Annual General Shareholders Meeting planned for June 16, 2023. Details are as follows.

London Stock Exchange Group PLC Transaction In Own Shares

Date 27/04/2023

London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 6^79/86 pence each on the London Stock Exchange through its corporate stockbroker Citigroup Global Markets Limited (Citi) as part of the third tranche of its share buyback programme, as announced on 20 March 2023:

Deutsche Börse Ag Announces Recommended All-Cash Takeover Offer For SimCorp A/S, Intends To Combine Qontigo And ISS And Create New Investment Management Solutions Segment

Date 27/04/2023

• Deutsche Börse AG to launch an all-cash voluntary recommended public takeover offer for all shares (except treasury shares) in SimCorp A/S for DKK 735.0 per share in an all debt-financed transaction, valuing SimCorp A/S at EUR 3.9 billion
• The offer price represents a 38.9 per cent premium and a 45.3 per cent premium over the closing price of DKK 529.0 and the 3-months volume-weighted average price of DKK 505.7 as of 26 April 2023, respectively
• The Board of Directors of SimCorp A/S has unanimously decided that it intends to recommend the shareholders of SimCorp A/S to accept the offer when it is published 
• The transaction is expected to be mid-single digit cash earnings per share accretive in the first year after completion based on the expected annual run rate synergies 
• In parallel to the takeover of SimCorp A/S, Deutsche Börse AG intends to combine its existing data & analytics subsidiaries Qontigo and ISS under one leadership. Upon completion of the offer, the combination of Qontigo/ISS and SimCorp A/S will be grouped within a newly created Investment Management Solutions segment to drive further growth, efficiencies, and full value crystallisation. This includes the option of a potential IPO for the combined ISS/Qontigo business in the medium term
• Within 3 years of completion of the offer, Deutsche Börse AG expects total annual run rate EBITDA synergies of around EUR 90 million, of which around EUR 55 million are cost synergies and around EUR 35 million are revenue synergies, with a one-off cost to achieve these synergies of around EUR 100 million

Advancing Hong Kong’s Position As An International Financial Centre, Bloomberg Policy Series With Hong Kong Securities And Futures Commission Chief Executive Officer Ms Julia Leung

Date 27/04/2023

In a one-on-one discussion hosted by Bloomberg on 27 April 2023, Chief Executive Officer (CEO) Ms Julia Leung related the Securities and Futures Commission’s (SFC) key regulatory priorities and ongoing initiatives to maintain resilient and orderly markets, promote investor protection, foster responsible innovation and, more importantly, enhance Hong Kong’s competitiveness as an international financial centre (IFC) and a gateway to Mainland China.

JPX Market Innovation & Research: Study Panel On The Use Of Digital Bonds In ESG Investing Concludes Discussions, Publishes Report

Date 27/04/2023

JPX Market Innovation & Research, Inc. (“JPXI”) partnered with Nomura Securities Co., Ltd. (“Nomura”) to form the Study Panel on the Use of Digital Bonds in ESG Investing on September 28, 2022 (organizer: JPXI; administration: Nomura), bringing together issuers and investors with green bond experience, as well as securities firms, banks and trust banks, ESG rating agencies, system vendors, and public-sector organizations*1. The panel has met seven times, and a report on the findings of its discussions has been published.

Japan Exchange Group, Inc. And Consolidated Subsidiaries Consolidated Financial Results For The Fiscal Year Ended March 31, 2023, Based On IFRS, Unaudited

Date 27/04/2023

In the fiscal year ended March 31, 2023 (from April 1, 2022 to March 31, 2023), JPX Group recorded operating revenue of ¥133,991 million (decreased 1.1% from the same period of the previous fiscal year (i.e., year on year)), and operating expenses were ¥67,502 million (increased 6.8% year on year). As a result, JPX Group recorded operating income of ¥68,253 million (decreased 7.1% year on year) and income before income tax of ¥68,207 million (decreased 7.1% year on year).

ASX Receives Notice Of Meeting From Yieldbroker To Vote On Proposed Sale

Date 27/04/2023

ASX has received a Notice of Meeting for a meeting to be held on 22 May 2023 to consider and vote on a proposal to sell 100% of the shares in Yieldbroker Pty Limited (Yieldbroker) to a wholly owned subsidiary of Tradeweb Markets LLC (Proposed Transaction). 

Japan Financial Services Agency: Contribution Of “The Crypto-Asset World Is Sobering Up” To The Eurofi Magazine

Date 27/04/2023

Tomoko AMAYA, Vice Minister for International Affairs, contributed an interview article on crypto-assets titled “The crypto-asset world is sobering up” to the Eurofi Magazine published on April 26, 2023.  This article presents the lesson learned from the recent dislocation of crypto-assets and stablecoins, Japan’s regulatory framework on crypto-assets and the need for global coordination on regulation and supervision of crypto-assets.

ASIC Releases Updated Guidance For Licensees On Reportable Situations

Date 27/04/2023

ASIC has today released updated guidance for industry on making notifications to ASIC under the reportable situations regime (formerly breach reporting).

Japan Financial Services Agency: A Speech On “Four Lessons Learned From Recent Events: Do Not Miss The Real Issues” At The Eurofi High Level Seminar 2023

Date 27/04/2023

On April 26, 2023, Tomoko AMAYA, Vice Minister for International Affairs, gave a speech titles “Four Lessons Learned from Recent Events: Do not miss the real issues” at the Eurofi High Level Seminar 2023. This speech presents the following four lessons learned by banks and authorities based on recent events.