News Centre

London Retains 2nd Spot In Kearney’s Global Cities Index, Maintaining Its Top Position For Global Services Firms

Date 28/10/2024

• London’s cultural sector remains the strongest globally, securing the top spot for international museums, sporting events, and tourism
• London suffered a small score decrease in business activity as well as a decrease in human capital score, primarily driven by barriers to entry into the United Kingdom

GlobalData Announces Top M&A Financial And Legal Advisers In Automotive Sector During Q1-Q3 2024

Date 28/10/2024

GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the automotive sector during Q1-Q3 2024. 

OSL And ChinaAMC Launch Tokenised Fund Initiative For Retail Investors In Project Ensemble - The Tokenised Fund, Subject To Regulatory Approval, Will Be The First-Of-Its-Kind Available To Retail Investors In Hong Kong

Date 28/10/2024

OSL Digital Securities, a leading regulated digital asset platform and a member of OSL Group (863.HK), in collaboration with China Asset Management (Hong Kong) ("ChinaAMC"), a leading asset management company in Hong Kong, today announced the launch of an initiative under Project Ensemble that aims to introduce a tokenised money market fund for investors in Hong Kong.

HKEX Welcomes Hong Kong Government Appointment To Its Board

Date 28/10/2024

Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) welcomed the Hong Kong Government’s appointment of Mr Herbert Chia to its Board of Directors.

OSL Joins HKMA's 'Project Ensemble' To Conduct Proof-Of-Concepts With Franklin Templeton

Date 28/10/2024

OSL Digital Securities, a leading regulated digital asset platform and a member of OSL Group (863.HK), today announced its participation in the Ensemble Sandbox - the Hong Kong Monetary Authority's (HKMA) sandbox to advance interbank settlement using experimental tokenised money against transactions involving tokenised assets. OSL will conduct proof-of-concept distribution of tokenised fund products issued by global investment management firm Franklin Templeton.

GlobalData Announces Top M&A Financial And Legal Advisers In Power Sector During Q1-Q3 2024

Date 28/10/2024

GlobalData has announced the latest Financial and Legal Adviser League Tables, which rank the advisers by the total value and volume of merger and acquisition (M&A) deals they advised on in the power sector during Q1-Q3 2024. 

UK Financial Conduct Authority Fines Kristo Käärmann £350,000 For Failing To Notify The FCA Of Significant Tax Issues

Date 28/10/2024

The FCA has fined Mr Käärmann, the CEO of Wise plc and senior manager of Wise Assets UK Ltd, £350,000 for breaching a senior manager conduct rule.

Thailand Futures Exchange To List EUR/THB Futures And JPY/THB Futures On November 4

Date 28/10/2024

Thailand Futures Exchange PCL (TFEX) announced the launch of two new currency futures on EUR/THB and JPY/THB on November 4, 2024.

Closure Of Bursa Malaysia In Conjunction With Deepavali 2024

Date 28/10/2024

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and its subsidiaries will be closed on 31 October 2024 (Thursday), in conjunction with the Deepavali public holiday.

BIS And Central Bank Partners Demonstrate That Policy Compliance Can Be Embedded In Cross-border Transactions With Project Mandala

Date 28/10/2024

• Project Mandala addresses the significant challenges in maintaining compliance with disparate regulatory and policy frameworks across jurisdictions.
• Project Mandala successfully demonstrates the automation of compliance procedures for cross-border financial transactions. 
• Project Mandala is a collaboration between the BIS Innovation Hub, the Reserve Bank of Australia, the Bank of Korea, Bank Negara Malaysia and the Monetary Authority of Singapore.