News Centre

Shanghai Stock Exchange Issues The Guidelines On Government-Subsidized Rental Housing REITs To Promote The Market's Healthy Development

Date 15/07/2022

In order to implement the decisions and plans of the CPC Central Committee and the State Council on accelerating the development of government-subsidized rental housing and in accordance with the requirements of the China Securities Regulatory Commission and the National Development and Reform Commission on relevant work, the SSE issued and implemented the Guidelines of Shanghai Stock Exchange on the Application of the Rules for Publicly Offered Infrastructure Real Estate Investment Trusts (REITs) No. 4 - Government-subsidized Rental Housing (for Trial Implementation) (hereinafter referred to as the Guidelines) on July 15, 2022, to standardize and guide the pilot issuance of Infrastructure REITs for government-subsidized rental housing.

Bosonic Expands Commercial Management Team With The Appointment Of Key Business Development And Client Success Roles

Date 15/07/2022

Bosonic, a layer-2 blockchain infrastructure (dFMI) provider for real-time digital assets clearing and settlement, has today announced the appointment of Julie Briand as Head of Client Success and Sarthak Jain as Regional Manager of Institutional Sales. Both roles will be based in London, UK.

Japan Financial Services Agency: Publication Of "Supervisory Guidance On Climate-Related Risk Management And Client Engagement"

Date 15/07/2022

In response to the recommendations prescribed in a report published by the Expert Panel on Sustainable Finance(EPSF) in June 2021, the FSA published the finalized "Supervisory Guidance on Climate-related Risk Management and Client Engagement".

Hong Kong Securities And Futures Commission Welcomes Re-Appointment Of Non-Executive Directors

Date 15/07/2022

The Securities and Futures Commission (SFC) welcomes the re-appointment by the Financial Secretary of Dr James C Lin and Mr Victor Dawes, SC as Non-Executive Directors for a term of two years, effective from 1 August 2022.

CFFEX: Notice On Delivery Of Equity Index Futures And Options Contracts

Date 15/07/2022

The following equity index futures and options contracts are delivered on July 15, 2022 at their respective final settlement prices:

• IF2207 CSI 300 index futures contracts and the IO2207 series CSI 300 index options contracts are delivered at the final settlement price of 4286.75;
• IC2207 CSI 500 index futures contracts are delivered at the final settlement price of 6252.81;
• IH2207 SSE 50 index futures contracts are delivered at the final settlement price of 2865.82.

Dubai Financial Services Authority Moves To An Open Window Format For Accepting ITL Applications

Date 15/07/2022

From 15 July 2022, the Dubai Financial Services Authority (DFSA) will accept applications from local and international firms interested to join its Innovation Testing Licence (ITL) Programme. Launched in 2017, the ITL is a licensed regulatory sandbox which enables approved firms to test new and innovative financial products, services, and business models in and from the Dubai International Financial Centre (DIFC). Previously, the DFSA accepted applications via cohort process. Starting this month, the DFSA will move to an open window format where interested firms may apply as soon as they are ready to test their product. Firms must provide a clear explanation of their planned business model and the proposed innovative product or service.

Be Prepared: By ASIC Commissioner Danielle Press

Date 15/07/2022

A recent federal court decision is a timely reminder for company directors about cybersecurity risk oversight and disclosure obligations, writes ASIC Commissioner Danielle Press.

So you have a risk management framework – but doesn't adequately address cybersecurity risk?

Taiwan Futures Exchange July 2022 Newsletter

Date 15/07/2022

TAIFEX held its annual shareholder’s meeting on June 23, and passed the resolution for annual dividend distribution. With trading volume hitting all-time high last year, TAIFEX reported a record net income of TWD 3,187 million, or TWD 7.59 earnings per share, and announced to pay dividend of TWD 4.55 dividend per share, including a cash dividend of TWD 3.15 and a stock dividend of TWD 1.4.

US Office Of The Comptroller Of The Currency Assesses $125 Million Civil Money Penalty Against Bank Of America, Orders Restitution For Unfair And Deceptive Practices

Date 14/07/2022

The Office of the Comptroller of the Currency (OCC) today assessed a $125 million civil money penalty against Bank of America, N.A., for violations of law and unsafe or unsound practices relating to the bank’s administration of a prepaid card program to distribute unemployment insurance and other public benefit payments. The OCC also ordered the bank to provide remediation to consumers harmed by the bank’s practices and violations of law.

National Study By FINRA Foundation Finds U.S. Adults’ Financial Capability Has Generally Grown Despite Pandemic Disruption

Date 14/07/2022

On many measures of financial capability, U.S. adults generally fared better in 2021 than in the decade leading up to the pandemic, according to the FINRA Investor Education Foundation’s nationwide, triennial study, published today. However, the research also shows that Americans’ financial wellbeing remains uneven across different demographic groups.