News Centre

Moscow Exchange: Risk Parameters Change For The Security RU000A0JXFY6

Date 28/01/2022

As per the Securities market risk parameters methodology, on 28.01.2022, 13-52 (MSK) the upper bound of the price band (up to 115.68) and initial margins (up to 30 %) for the security RU000A0JXFY6 were changed. New values are available here

The Metaverse & Insurance: Pixel Perfect?

Date 28/01/2022

Z/Yen highlights the opportunities and pitfalls for business and individuals in the metaverse in a new report, “The Metaverse & Insurance: Pixel Perfect?" (Long Finance & Distributed Futures, 59 pages).

Moscow Exchange: Risk Parameters Change For The Securities

Date 28/01/2022

The following risk parameters will be changed:

HKEX: Exchange Publishes Results Of Review Of Issuers’ 2020 Annual Reports

Date 28/01/2022

• High compliance rates with the Listing Rules in respect of issuers’ annual report disclosure
• Isolated cases of potential material Rule non-compliance or breaches of directors’ duties were identified
• Recommendations were made in respect of auditors’ modified opinions, material lending transactions, and material intangible assets reported on issuers’ financial statements

Official Statement From Gilles Rollet On FMT Hearings In Dubai

Date 28/01/2022

Any company in the financial services sector has to balance the demands of their clients who seek flexibility and income generation with the governance requirements of the respective regulator. By operating within compliance boundaries, while also creating facilities that meet the client’s needs, new product or service offerings can operate safely. This is a position that we felt we had reached at La Tresorerie with our procedures. No objections were raised to what we perceived as clearly documented procedures by any of our consultants or the regulators. We are certainly disappointed by the decision of the DFSA.

Press Conference By SUZUKI Shunichi, Japan Minister Of Finance And Minister Of State For Financial Services: Reorganization Of Tokyo Stock Exchange

Date 28/01/2022

[Questions and answers:]

Q.

My question is about the reorganization of the Tokyo Stock Exchange that was announced recently. The Financial System Council Capital Market Working Group published a report in December 2019 and states that the purposes of this reform are mainly sustainable growth and corporate value creation of listed companies and start-ups, thereby creating a market that is attractive to both domestic and foreign investors. However, at present, out of approximately 2,100 companies listed on the First Section of the Tokyo Stock Exchange, 1,841 companies, or nearly 80%, wish to be listed on the Prime Market, the new top section. Of those 1,841 companies, 296 do not satisfy the listing criteria for the Prime Market at present but wish to be listed there by the transitional measures. This invited the criticism that the intended purpose of the reform, as pointed out by the report, has already been undermined and that the reform may actually adversely lead to the overall deterioration of the Japanese market rather than make it more attractive. Could you explain your opinion as the minister in charge of financial sector with regard to the reform and the future direction of the FSA's initiatives for making the Japanese market more attractive in competition with foreign exchanges and improving the convenience of listed companies?

Instinet To Be First Executing Broker For Appital Bookbuilding Platform - Collaboration Designed To Create A New Buyside Source Of Liquidity For Hard-To-Trade Blocks In European Stocks

Date 28/01/2022

Appital, the Equity Capital Marketplace, today announced that Instinet will be the first executing broker to work with the Appital Bookbuilding platform, scheduled for launch in Europe in 2022. 

Press Conference By SUZUKI Shunichi, Japan Minister Of Finance And Minister Of State For Financial Services: Mizuho Ban

Date 28/01/2022

[Questions and answers:]

Q.

Regarding Mizuho Bank, today, it is difficult to log in to its internet banking website for corporate customers. What is your thought on this incident and what action will be taken by the government?

A.

It is regrettable that a bank, which constitutes crucial social infrastructure, repeatedly has system failures. Last November, the FSA issued a business improvement order, and it is important that the bank makes the utmost efforts to implement recurrence prevention measures. The FSA will closely follow their efforts.

“Responding To Global Trends, Returning To Fundamentals” – Keynote Address By Mr Tan Keng Heng, Executive Director, Monetary Authority Of Singapore, At The Investment Management Association Of Singapore’s 8th Regulatory Forum On 28 January 2022

Date 28/01/2022

Good afternoon and thank you for having me back at this annual Regulatory Forum as IMAS turns 25 this year. 

When we last met, I noted that the asset management industry was in a strong position to build back better despite the challenges posed by the COVID-19 pandemic. Let us look at where things stand this time round:

• Globally, asset under management (AUM) grew by 11% to reach US$103 trillion in 2020. 

• By 2025, global AUM is projected to grow to around US$140 trillion.

Japan Financial Services Agency: Information On COVID-19 (Novel Coronavirus)

Date 28/01/2022

* Update of the English website may take a little time. For the latest information, please refer to our Japanese website.