News Centre

KDPW Introduces Multi-Annual LEI Renewal Fees

Date 05/07/2021

KDPW introduces the option of advance payment of LEI renewal fees for periods ranging from 2 to 5 years as of 1 July. The longer the renewal period, the bigger the discount, up to 23 percent.

TRG Screen Enables Firms To Fully Manage And Optimize Subscription Spend - Optimize Spend 1.0 Launched, Underpinned By Usability And Interoperability

Date 05/07/2021

TRG Screen, the leading provider of enterprise subscription management solutions, has today released Optimize Spend to bring together its market leading products – FITS and INFOmatch – with major functionality enhancements to provide a best-of-breed subscription spend management solution.

HKEX Enhances Product Offering With XPeng Debut

Date 05/07/2021

• XPeng Futures and Options to be introduced on 7 July
• XPeng shares to be included in Designated Securities Eligible for Short Selling on 7 July
• Issuers can list derivative warrants on XPeng shares on 7 July

UK Financial Conduct Authority Confirms Measures To Raise Standards In The Funeral Plans Market

Date 05/07/2021

To enhance consumer protection in the funeral plans market, the FCA has confirmed the rules funeral plan providers will have to follow when they come under regulation from 29 July 2022.

SGX To Report FY2021 Results On 5 August

Date 05/07/2021

Singapore Exchange (SGX) is reporting its results for Financial Year 2021 (FY2021) before the market opens on 5 August 2021. The announcement will be posted on www.sgx.com.

Reply To Parliamentary Question On Impact Of G7 Agreement On Global Minimum Tax Rate Of 15% On Singapore's Status As Financial Centre

Date 05/07/2021

Following the recent G7 agreement to endorse a global minimum tax rate of 15%, the Inclusive Framework (IF) on Base Erosion and Profit Shifting (or BEPS) has released a statement on a two-pillar solution to address the tax challenges arising from the digitalisation of the economy. One of the proposals is a global minimum tax rate of at least 15%. As at 1 July 2021, 130 countries and jurisdictions, including Singapore, have agreed to the statement. However, the detailed design elements and implementation plan for these new rules have yet to be finalised. Singapore will continue to be actively involved in these international discussions, and will engage the industry as the new rules take shape.

European Private Equity Delivers Long-Term Outperformance Over Publicly Listed Equities In 2020

Date 05/07/2021

• European Buy-Outs delivered 15.06% IRR, beating MSCI Europe index return of 5.48%
• European VC returned 11.09% IRR vs. MSCI Europe index return of 7.82%
• European Growth Capital funds generated 13.66% IRR vs. MSCI Europe (6.40%) and S&P Europe Small Cap Growth index (11.84%)

HKEX Launches HKEX Impact Funding Scheme

Date 05/07/2021

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Monday) the launch of the HKEX Impact Funding Scheme, a new HKEX Foundation charitable programme.

SZSE Actively Serves The Connection Between Swiss Tech Start-Ups And Capital Resources, Boosting Sino-Swiss Regular Technological Cooperation

Date 05/07/2021

Recently, the SZSE investment and financing service platform for innovation and start-ups (V-Next platform) assisted the Swiss innovative enterprise service platform SWISSTECH in jointly holding the online roadshow for Swiss high-tech innovative enterprises in China. Sixteen enterprises from robotics, unmanned aerial vehicles, artificial intelligence, biometrics, AR and health technology fields participated in the roadshow. They were selected by the Technology and Culture Center of the Swiss Confederation (Swissnex) and other institutions from over 100 Swiss high-tech enterprises hoping to expand their business in China. More than 100 Chinese investors attended the roadshow online. 

Hong Kong Securities And Futures Commission Bans Lau Kwo For 12 Months

Date 05/07/2021

The Securities and Futures Commission (SFC) has banned Mr Lau Kwo, former licensed representative of Mason Securities Limited (MSL), from re-entering the industry for 12 months from 3 July 2021 to 2 July 2022.