News Centre

UK Financial Conduct Authority Confirms Plans To Deliver Redress To Over 1,000 Former British Steel Pension Scheme Members

Date 28/11/2022

The FCA has published final rules for a redress scheme for former members of the British Steel Pension Scheme (BSPS) who received unsuitable advice to transfer out. The FCA expects that over 1000 consumers will receive redress as a result. 

Paris Blockchain Week Announces Industry leaders And Visionaries As Keynote Speakers, 20-24 March 2023

Date 28/11/2022

Paris Blockchain Week, the leading international conference dedicated to professionals in the blockchain and Web3 space, is excited to announce a host of keynotes from industry leaders and visionaries, including Marieke Flament, CEO, NEAR Foundation, Brad Garlinghouse, CEO of Ripple, Steve Huffman, CEO, Reddit, and Ryan Selkis, Founder & CEO, Messari, who will hit the stage from 20th to 24th March in 2023.

Reply To Singapore Parliamentary Question On Prudential Treatment Of Singapore Banks' Crypto Asset Exposure

Date 28/11/2022

Question:

To ask the Prime Minister (a) what are MAS's requirements as to the prudential treatment of Singapore banks’ crypto asset exposure; and (b) what are the risk-weighting requirements applicable to crypto asset exposures in assessing Singapore banks’ capital adequacy.

Reply To Singapore Parliamentary Question On Mandatory Climate Disclosure Requirements By Financial Institutions

Date 28/11/2022

Question:

 To ask the Prime Minister whether MAS will take into account the United Nations Sustainable Stock Exchanges’ Model Guidance on Climate Disclosure in addition to the International Sustainability Standards Board’s standards when introducing mandatory disclosure for financial institutions.

Reply To Singapore Parliamentary Question On The Proposed Trial Of A Digital Singapore dollar

Date 28/11/2022

Question:

To ask the Prime Minister with regard to the proposed trial of a digital Singapore dollar (DSGD) for government payouts and vouchers (a) whether the proposed restrictions on fungibility and bearer value will undermine the objective of understanding how the DSGD would operate as a genuine electronic currency; and (b) if so, how will the DSGD differ from an e-voucher system, such as RedeemSG.

Suspected Identity Theft Targeting Investor AB, Stockholm: BaFin Investigates Purported Sale Of Shares In “Porsche AG”

Date 28/11/2022

BaFin has become aware that a company operating under the name of Investor AB, Stockholm, is offering German investors the opportunity to purchase shares in Dr. Ing. h.c. F. Porsche Aktiengesellschaft (“Porsche AG”). Customers are also being offered the option of converting other shares into shares in “Porsche AG”. The seller of the shares in “Porsche AG” is purportedly Porsche Automobil Holding SE. BaFin would like to make clear that Investor AB is not authorised to offer shares. Furthermore, there are no indications that Investor AB is actually behind the above-mentioned offers. Rather, Investor AB is likely the target of identity theft. The offer of shares in “Porsche AG” did not come from Volkswagen AG or any of its subsidiaries.

Shenzhen Stock Exchange Is Making Preparation For The Listing Of Shenzhen 100 ETF Option

Date 28/11/2022

On November 25, CSRC announced the launch of the listing preparations for Shenzhen 100 ETF Option and would approve SZSE to list Shenzhen 100 ETF Option in accordance with relevant procedures. Promoting the listing of Shenzhen 100 ETF Option is an important move for SZSE to implement the guiding principles of the 20th National Congress of CPC and continuously deepen the reform of the capital market. It will further improve the functions and the risk management system of the capital market, continuously enhance market vitality and resilience, and better meet the risk management needs of medium and long-term investors.

HKEX Launches Hang Seng TECH Index Futures Options And Further Enhances Existing Hang Seng TECH Index Derivatives Products

Date 28/11/2022

• Hang Seng TECH Index Futures Options begins trading today
• Hang Seng TECH Index Options introduced in After-Hour Trading Session, effective today
• Additional contract months for Hang Seng TECH Index Futures and Hang Seng TECH Index Options introduced, effective today

SGX Group Launches Initiative To Recognise Sustainable Fixed Income

Date 28/11/2022

Singapore Exchange (SGX Group) today launched a new initiative to identify green, social and sustainability fixed income securities that meet recognised standards.

Zhengzhou Commodity Exchange: Notice On Exemption Of Position Opening Fee For Hedging Purpose, Delivery Fee, Registered Warehouse Receipt Transfer Fee And Service Fee For Using Standard Warehouse Receipt As Margin

Date 28/11/2022

Zhengzhou Commodity Exchange has decided upon discussion to exempt the position opening fee for hedging purpose, delivery fee, registered warehouse receipt transfer fee (including the transfer fee incurred in the EFP process), service fee for using standard warehouse receipt as margin for all futures contracts in 2023.