News Centre

The JPEX Scandal: A Post-Mortem - What Transpired And Who's To Blame?

Date 25/10/2023

Episode Description

AFME Appoints Rémi Kireche As Director, Advocacy

Date 25/10/2023

The Association for Financial Markets in Europe (AFME) has appointed Rémi Kireche as Director of Advocacy to help drive forward the Association’s advocacy on Capital Markets Union (CMU), including in the policy areas of securitisation, equity capital markets, post-trade and sustainable finance, among others.

Tradeweb And FTSE Russell Announce Strategic Partnership

Date 25/10/2023

• The partnership seeks to develop the next generation of fixed income pricing and index trading products by leveraging FTSE Russell’s innovative Fixed Income index solutions and Tradeweb’s fixed income trading platform and data capabilities.
• Fixed Income closing prices will be administered as benchmarks by FTSE Russell and be derived from trading activity on Tradeweb’s platform.
• The partnership aims to extend pricing coverage to most constituents featured in the FTSE Fixed Income Index universes and explore incorporating new Tradeweb pricing sets into FTSE Fixed Income Indices.

HKEX Welcomes Chief Executive’s Policy Address

Date 25/10/2023

HKEX Chairman, Laura M Cha, said: “We welcome today’s Policy Address by Hong Kong Chief Executive John Lee. We thank the Chief Executive and his administration for their continued support on measures to further drive the sustainable development of Hong Kong's financial markets, in particular, the proposed reduction of stamp duty on stock market transactions, helping to reduce the cost of trading. This, along with other initiatives, will strategically position Hong Kong's markets to capture the significant opportunities ahead, building on existing strong foundations and enhancing their competitiveness and attractiveness. At HKEX we remain resolutely focused on supporting the long-term growth of Hong Kong as an IFC. We look forward to continuing to work with the HKSAR Government and all our stakeholders to further build the vibrancy and resiliency of Hong Kong’s markets, for the benefit of our community and the market as a whole.”

The Fourth Meeting Of The EU-Japan Joint Financial Regulatory Forum

Date 25/10/2023

On October 23 and 24, 2023, the fourth Meeting of the EU-Japan Joint Financial Regulatory Forum was held in Brussels, Belgium by the Financial Services Agency (FSA) and the European Commission.

MNI Indicators: MNI China Liquidity Index™ – Tightens In October

Date 25/10/2023

Government policies to boost the economy continued to make a positive impact, with economic sentiment improving for the second month in a row.

Monetary Authority of Singapore And Infocomm Media Development Authority Consult On Shared Responsibility Framework For Phishing Scams

Date 25/10/2023

The Monetary Authority of Singapore (MAS) and Infocomm Media Development Authority (IMDA) today published a joint consultation paper proposing a Shared Responsibility Framework (SRF) for phishing scams. The SRF assigns financial institutions (FIs) and telecommunication companies (Telcos) relevant duties to mitigate phishing scams, and requires payouts to affected scam victims where these duties are breached.

Japan Financial Services Agency: The Fifth Meeting Of The Working Group On Tender Offer Rule And Large Shareholding Reporting Rule Of The Financial System Council

Date 25/10/2023

The Working Group on Tender Offer Rule and Large Shareholding Reporting Rule of the Financial System Council will hold its fifth meeting on November 1, 2023 as follows.

Hong Kong Securities And Futures Commission Welcomes Chief Executive’s Initiatives To Enhance Hong Kong’s IFC Status

Date 25/10/2023

The Securities and Futures Commission (SFC) welcomes the initiatives in the Chief Executive’s Policy Address to enhance Hong Kong’s competitiveness and upholding its status as an international financial centre.

Shenzhen Stock Exchange Released Self-Disciplinary Rules For The Bond Business To Ensure A Steady And Orderly Handling Of The Review And Undertakings For Enterprise Bonds Issuance

Date 25/10/2023

In order to implement the decision and deployment of the CPC Central Committee and the State Council on institutional reform, earnestly implement the relevant requirements of CSRC’s Guiding Opinions on Deepening the Reform of the Bond Registration System and clarify the relevant duty division and work connection arrangements regarding the issue of enterprise bonds, SZSE has released five basic business rules including the Rules for Reviewing and Approving the Issuance and Listing of Corporate Bonds of Shenzhen Stock Exchange (Revised in 2023), 12 business guidelines and 5 guides such as Guidelines No. 1 for Reviewing and Approving the Issuance and Listing of Corporate Bonds of Shenzhen Stock Exchange (Revised in 2023), and the Notice on the Arrangement of the Enterprise Bonds Connection Work. These documents serve to make clear the requirements and arrangements with respect to the issuance acceptance and review, issuance and listing, supervision in their duration, and investor suitability management of enterprise bonds, further building a self-disciplinary regulatory system for the bond market. The system is designed to be open, transparent, standardized, orderly, clean, and efficient. The aforesaid self-disciplinary regulatory rules for bond business entered into effect from the date of making public. SZSE started accepting applications for enterprise bonds issuance and conducted the review process from 9:00 am on October 23. Currently, all preparations, including the technological system upgrades and the transition of ongoing projects, have been completed.