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VC Funding In China Drops 29.1% YoY To $34.6 Billion During January-October 2023, Finds GlobalData4B

Date 24/11/2023

A total of 2,675 venture capital (VC) funding deals were announced in China during January-October 2023 while the disclosed funding value of these deals stood at $34.6 billion. China witnessed considerable decline in terms of both deal volume and value compared to January-October 2022, according to GlobalData, a leading data and analytics company.

Singapore FinTech Festival 2023 Attracts Record 66,000 Participants

Date 24/11/2023

The eighth edition of the Singapore FinTech Festival (SFF) came to a close on 17 November 2023, drawing a record 66,000 participants, up from 62,000 attendees in 2022. The Festival extended its global reach this year, with participants hailing from 150 countries and regions, an increase from the 115 countries represented in 2022, and attracted a line-up of over 970 speakers.

Japan Financial Services Agency: Selection Of New Vice-Chair Of The International Financial Consumer Protection Organization (FinCoNet)

Date 24/11/2023

On November 23, 2023, YAMASHITA Yuji, Deputy Commissioner for International Affairs at Financial Services Agency, was appointed as the Vice-Chair of the International Financial Consumer Protection Organization (FinCoNet), an international organization of supervisory authorities which have responsibility for financial consumer protection. The term of the Vice-Chair is 3 years. This is the first time that staff of Financial Services Agency takes the Vice-Chair position of FinCoNet.

ASIC Consults On Remaking Class Order On Exchange Traded Funds (ETFs)

Date 24/11/2023

KEY POINTS:

• ASIC proposes to remake Class Order [CO 13/721] and extend the relief to a broader class of exchange traded funds (ETFs).
• Industry is invited to provide feedback on our proposal.

New Zealand Financial Markets Authority Finds Continuous Improvements To Audit Quality And Warns Against Complacency

Date 23/11/2023

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has found audit firms continue to improve the quality of their audits of FMC reporting entities. 

Nasdaq Announces Semi-Annual Changes To The OMX Copenhagen Benchmark Index

Date 23/11/2023

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Copenhagen Benchmark Index, (Nasdaq Copenhagen: OMXCB), which will become effective at market open on Friday, December 1, 2023.

Nasdaq Announces Semi-Annual Changes To OMX Stockholm Benchmark Index

Date 23/11/2023

Nasdaq (Nasdaq: NDAQ) announced today the results of the semi-annual review of the OMX Stockholm Benchmark Index, (Nasdaq Stockholm: OMXSB), which will become effective at market open on Friday, December 1, 2023.

BaFin Issues Warning About A Case Of Identity Theft Targeting Blueport, Inc.

Date 23/11/2023

The Federal Financial Supervisory Authority (BaFin) has become aware that unknown perpetrators are using the name Blueport, Inc. to contact consumers on an unsolicited basis. This is a case of identity theft against the US company of the same name.

Bank Of England And UK Financial Conduct Authority - Memorandum Of Understanding On The Supervision Of Financial Market Infrastructure And Payment Systems

Date 23/11/2023

The Bank of England (Bank) co-operates with both the Financial Conduct Authority (FCA) and Payment Systems Regulator (PSR) to supervise financial market infrastructure (FMI) and payment systems, respectively.

tetherusdtcoins.com: BaFin Investigates Website Operator

Date 23/11/2023

The Federal Financial Supervisory Authority (BaFin) warns consumers about the website tetherusdtcoins.com. According to information available to BaFin, the operators are providing financial and investment services on this website without the required authorisation. The content of the website is almost identical to that of other dubious websites which have already been the subject of warnings by BaFin dated 12 September and 8 November.