News Centre

Media Briefing Arranged By The UAE Securities & Commodities Authority As Preparation For Issuance Of A New System For Investment Funds: Dr Mariam Al Suwaidi

Date 15/12/2022

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• The system targets achievement of 100% increase of the amount of the money managed by local funds and provides acceptance of the requests of any new types of non-regulated investment funds
• Decrease of the requirement of the minimum limit of the capital required for establishing the investment management companies to one million only

   

Saudi Arabia Capital Market Institutions Committee Holds Capital Market Institutions Forum To Discuss Digital Transformation And Its Role In Introducing Foreign Investments To Capital Market

Date 15/12/2022

The “Capital Market Institutions Committee (“CMIC")" held, Tuesday, the “Capital Market Institutions Forum" to discuss the digital transformation in the Capital Market Institutions and the role played by such institutions in introducing the foreign investments to the capital markets.

London Stock Exchange Group PLC Transaction In Own Shares

Date 15/12/2022

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 from Morgan Stanley & Co. International Plc (Morgan Stanley) as part of the second tranche of its share buyback programme, as announced on 7 October 2022:

BNP Paribas Asset Management And Degroof Petercam Join Sustainable Trading

Date 15/12/2022

• New firms bring total members to 50 within first year of operation
• Initial set of industry-defined best practices developed

Hong Kong Securities And Futures Commission Fines And suspends Chung Tung Sau For Seven Months

Date 15/12/2022

The Securities and Futures Commission (SFC) has suspended Mr Chung Tung Sau, a former licensed representative of Quam Securities Company Limited (Quam), for seven months from 15 December 2022 to 14 July 2023 and fined him $60,000 (Note 1).

Hong Kong Securities And Futures Commission Suspends Wang Pei Yi For 10 Months

Date 15/12/2022

The Securities and Futures Commission (SFC) has suspended Ms Wang Pei Yi, a former licensed representative of SinoPac Securities (Asia) Limited (SinoPac), for 10 months from 14 December 2022 to 13 October 2023.

ASIC Industry Funding: Annual Dashboard And Summary Of Variances

Date 15/12/2022

• ASIC has released our 2021-22 annual dashboard outlining our regulatory costs by sector and subsector under the industry funding model (IFM).
• We have also published details about the variance between our estimated and actual costs by subsector.
• 2021-22 levies under the IFM are based on our actual regulatory costs for each subsector and invoices for these levies will be issued to entities between January and March 2023.

Japan Financial Services Agency, - Guideline For Supervision Of Funds Transfer Service Providers - Provisional Translation

Date 15/12/2022

The revised Payment Services Act (Act No. 59 of 2009, hereinafter referred to as “the Act”) came into effect in May 2021, whereby multiple categories of Funds Transfer Service Providers were newly established.

ASIC – Reserve Bank Of Australia Further Regulatory Response Regarding The ASX CHESS Replacement Program

Date 15/12/2022

Today ASIC and the Reserve Bank of Australia (RBA) (the regulators) have taken further action to ensure that all necessary steps are taken by ASX to support and maintain current CHESS until its replacement is successfully implemented.

Japan Financial Services Agency: Finalization Of “The Code Of Conduct For ESG Evaluation And Data Providers”

Date 15/12/2022

1. Finalization of the Code of Conduct for ESG Evaluation and Data Providers

Based on the recommendations of the "Report by the Expert Panel on Sustainable Finance
 (Building A Financial System that Supports a Sustainable Society)" published in June 2021, the Financial Services Agency (FSA) established the Technical Committee for ESG Evaluation and Data Providers, etc. in February 2022 and extensively discuss the current status of ESG evaluation and data, challenges faced by relevant parties in ensuring that ESG evaluation and data are appropriately provided and used, and future developments that are expected.