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DIFC: IMF Regional Economic Outlook Forecasts 2022 Real GDP Growth For The Region At 5%, Up From 4.1% In 2021

Date 31/10/2022

• 2022 real GDP across the region expected to grow at 5 per cent, up from 4.1 per cent in 2021
• Crude producers projected to accrue a cumulative oil windfall of about $1 trillion over 2022−26, helping oil-exporting countries like the UAE continue to invest in projects that support future economic growth
• Countries must press ahead with structural and energy subsidy reforms to strengthen growth prospects and build resilience to future shocks

"Navigating The Future Of Insurance Amidst Stormy Weather" - Speech By Mr Alvin Tan, Minister Of State, Ministry Of Trade And Industry And Ministry Of Culture, Community And Youth, And Board Member Of Monetary Authority Of Singapore, At The Singapore International Reinsurance Conference On 31 October 2022

Date 31/10/2022

This year’s conference theme – “Reconnecting … Re-shaping the Future!” is timely. Good to see the SIRC return as an in-person conference after two years in virtual format. Good to re-connect, share ideas, and build meaningful partnerships.

CFFEX Welcomes Visit By The Economic And Financial Commission Of Chinese People's Political Consultative Conference Shanghai Committee

Date 31/10/2022

On October 13, the Economic and Financial Commission of the Chinese People's Political Consultative Conference Shanghai Municipal Committee (CPPCC Shanghai Committee) visited China Financial Futures Exchange (CFFEX) to learn about the latest developments in the financial futures market. 

Japan Financial Services Agency: Finalization Of Partial Amendment For Regulatory Notice Specifying The Documents Based On Article 2 (1) Of The Cabinet Office Order On Financial Instruments Business, Etc.

Date 31/10/2022

The Financial Services Agency (“FSA”) published a public consultation on Partial Amendment for Regulatory Notice Specifying the Documents Based on Article 2 (1) of the Cabinet Office Order on Financial Instruments Business, etc. from August 31 to September 30, 2022.

Hong Kong Securities And Futures Commission Bans Tang Shiyi For 10 months

Date 31/10/2022

The Securities and Futures Commission (SFC) has banned Ms Tang Shiyi, a former licensed representative of China Galaxy International Securities (Hong Kong) Co., Limited and China Galaxy International Futures (Hong Kong) Co., Limited (collectively, CGI), from re-entering the industry for 10 months from 29 October 2022 to 28 August 2023.

Substantive Research Exposes Market Data Pricing Inconsistencies - Shines A Light On Opaque Pricing Frameworks Across Indices, Ratings, Research And Analytics Markets, Terminals, And Pricing And Reference Data

Date 31/10/2022

• For Pricing and Reference Data, some institutions can pay up to 10 times more than peers
• For Index Data, some institutions are paying over 13 times (1300%) more than peers
• For Ratings Data, some institutions are paying over 3 times more than peers 

CME Group Announces First Day Of Trading Of €STR Futures

Date 31/10/2022

CME Group, the world's leading derivatives marketplace, today announced the first day of trading of a new suite of overnight index futures based on the Euro Short-Term Rate (€STR).

Securities Commission Malaysia Unveils Digital-Related Initiatives To Bolster Capital Market - Measures To Help Address Funding Needs Of MSMEs And Mid-Tier Companies

Date 31/10/2022

The Securities Commission Malaysia (SC) today announced new digital-related initiatives to spur the growth of the capital market and help support the country’s economic recovery.

Stable Growth In Performance And Sustained Recovery In Consumption: Companies On Shanghai Stock Exchange Main Board Disclose 2022 Third Quarter Reports

Date 31/10/2022

As of October 31, 2022, 1,669 listed companies on the main board of the Shanghai Stock Exchange (SSE) had completed the disclosure of their 2022 third quarter reports. In general, thanks to the strong support of the Party Central Committee and the State Council's package of measures to stabilize the economy, companies on SSE main board achieved stable growth in the first three quarters. Consumption and other industries that had suffered setbacks showed positive momentums of marginal repair. The foundations for recovery and development in all industries continued to solidify.

Embracing Innovation, Regulation And The Future Of Finance, Keynote Address At Hong Kong FinTech Week 2022, Ms Julia Leung, Hong Kong Securities And Futures Commission Deputy Chief Executive Officer And Executive Director, Intermediaries

Date 31/10/2022

Good morning everyone. It’s my pleasure to be here at FinTech Week once again.