News Centre

Establishing Investor Education Network For Constructing Modern Capital Market With Chinese Characteristics - The 1st Shenzhen Stock Exchange "Qinyuan Spark" Capital Market Workshop For Teachers From Higher Learning Institutes Concluded

Date 15/08/2023

From August 7 to 11, 2023, in spirit of the Memorandum of Cooperation on Popularizing Knowledge on Securities and Futures between CSRC and Ministry of Education, the 1st SZSE “Qinyuan Spark” Capital Market Workshop for Teachers from Higher Learning Institutes was successfully held. The workshop, co-organized by SZSE and China Capital Market Institute, was attended by 32 young and mid-aged teachers from 18 institutes of higher learning in China.

Qatar Stock Exchange Listed Companies Reported QR 24.55 Billion Net Profits for The Semi-Annual Financial Statement Of 2023

Date 15/08/2023

All of Qatar Stock Exchange listed companies have disclosed their financial results for the six-month period ended June 30, 2023, the results show a net profit of QR 24.55 billion compared to QR 27.66 billion for the same period last year, a decrease by 11.22%.

Monetary Authority Of Singapore Finalises Stablecoin Regulatory Framework

Date 15/08/2023

The Monetary Authority of Singapore (MAS) today announced the features of a new regulatory framework that seeks to ensure a high degree of value stability for stablecoins regulated in Singapore. The regulatory framework takes into account feedback received, following an October 2022 public consultation.

ASIC Proposes To Extend Design And Distribution Obligations Instrument

Date 15/08/2023

ASIC is inviting industry feedback on a proposal to extend the operation of the ASIC Corporations (Design and Distribution Obligations Interim Measures) 2021/784 instrument for a further five years.

Shenzhen Stock Exchange Earnestly Implements The Consensus Reached Between CSRC & SFC By Continuously Enriching And Optimizing The Connectivity Mechanism

Date 15/08/2023

On August 11, 2023, China Securities Regulatory Commission (hereinafter referred to as “CSRC”) and Securities and Futures Commission of Hong Kong (hereinafter referred to as “SFC”) issued a joint announcement, unveiling their agreement on promoting block trades (and non-automatching trades) to be included in the connectivity mechanism.

U.S. Department Of Justice: UBS Agrees To Pay $1.435 Billion For Fraud In The Sale Of Residential Mortgage-Backed Securities - Settlement Brings Total Amount Of Civil Penalties Paid By Banks, Originators, And Ratings Agencies For Such Securities To Over $36 Billion

Date 14/08/2023

UBS AG and several of its U.S.-based affiliates (together, UBS) have agreed to pay $1.435 billion in penalties to settle a civil action filed in November 2018 alleging misconduct related to UBS’ underwriting and issuance of residential mortgage-backed securities (RMBS) issued in 2006 and 2007. This settlement resolves the last case brought by a Justice Department working group dedicated to investigating conduct of banks and other entities for their roles in creating and issuing RMBS leading up to the 2008 financial crisis.

NGX, Chartered Institute Of Stockbrokers, Association Of Securities Dealing Houses Of Nigeria To Work With Ministry Of Finance Incorporated On Market Development, Listings

Date 14/08/2023

Nigerian Exchange Limited (NGX), along with the Chartered Institute of Stockbrokers and the Association of Securities Dealing Houses of Nigeria (ASHON), have demonstrated their willingness to collaborate with the Federal Government through the Ministry of Finance Incorporated (MOFI) in facilitating market development and listings.

ISDA-Clarus RFR Adoption Indicator: July 2023

Date 14/08/2023

The ISDA-Clarus RFR Adoption Indicator rose to 60.6% in July 2023 compared to 58.1% in June 2023. The indicator tracks how much global trading activity (as measured by DV01) is conducted in cleared over-the-counter and exchange-traded interest rate derivatives (IRD) that reference risk-free rates (RFRs) in eight major currencies. On a traded notional basis, the percentage of RFR-linked IRD increased to 57.9% of total IRD transacted in July 2023 compared to 55.6% the prior month.

SEC Charges UK Audit Firm, CEO, And Senior Auditor For Failures In Connection With De-SPAC Transaction

Date 14/08/2023

The Securities and Exchange Commission today charged Crowe U.K. LLP, a London based audit firm, its CEO, Nigel Bostock, and senior auditor, Matthew Stallabrass, for the firm’s deficient audit of music streaming company Akazoo Limited. Crowe U.K., Bostock, and Stallabrass have agreed to settle the SEC’s charges.

MSCI Announces Acquisition Of Burgiss, Expanding Private Assets Leadership And Strengthening Multi-Asset Class Offering

Date 14/08/2023

• Firms combine best-in-class private market data and analytics with leading public market expertise
• Reinforces commitment to driving innovation and improving transparency in global private asset investing
• MSCI to host conference call today, August 14, at 11:00 AM ET