News Centre

BNP Paribas Asset Management Appoints Steven Billiet As Head Of Global Client Group

Date 05/07/2021

BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Steven Billiet as Head of Global Client Group and a member of BNPP AM’s Executive Committee, effective from 1st August, reporting to Sandro Pierri.  He succeeds Sandro Pierri, CEO of BNPP AM as of 1st July.  Currently based in Hong Kong, Steven will relocate to Paris after the appointment of his successor in APAC.

Erik Penser Bank Selects Macrobond To Gain Upper Hand In Market Analysis - Macrobond Provides Asset Managers At Stockholm-Based Erik Penser Bank With Critical Data And Modelling Tools To Interpret Market Events

Date 05/07/2021

Macrobond, a leading provider of global economic, aggregate financial and sector data for finance professionals, today announced that Erik Penser Bank, Sweden’s leading private bank, is using Macrobond to help its wealth management team make the right investment decisions quickly and transparently amid rapidly changing market conditions. 

Securities Commission Malaysia Issues Guidelines On Offer Of Shares By Unlisted Public Companies

Date 05/07/2021

The Securities Commission Malaysia (SC) today issued a new Guidelines on Offer of Shares by Unlisted Public Companies to Sophisticated Investors (Guidelines) that will take effect on 1 August 2021.

DIFC Announces Enactment Of Intellectual Property Regulations

Date 05/07/2021

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asia (MEASA) region, announced that the Board of Directors of the DIFC Authority has approved the issuing of the Intellectual Property Regulations (IP Regulations), which will take effect on 5 July 2021.

The World Federation Of Exchanges Seeks Risk-Based Calibration Of EU Bank Capital For National Equity Markets

Date 05/07/2021

The World Federation of Exchanges (“The WFE”), the global industry group for exchanges and CCPs, today published its response to the European Banking Authority (EBA) concerning recognition of developed equity markets.  In responding to the EBA, the WFE is seeking to promote market-based finance globally, by advocating for proportionate and predictable capital treatment for equity-market risk.

UK Financial Conduct Authority Consults On Reforms To Improve The Effectiveness Of UK Primary Markets

Date 05/07/2021

The FCA has today launched a consultation on a series of proposed reforms to improve the effectiveness of UK primary markets, alongside a discussion of how it might continue to develop the regime to ensure the UK remains a competitive and dynamic market.

Countdown To Singapore International Ferrous Week

Date 05/07/2021

• Virtual event features a strong lineup of speakers across five events by SGX, Aspermont Media, Fastmarkets, S&P Global Platts and TradeWinds

Monetary Authority Of Singapore Further Extends Facility To Support Lending By Banks And Finance Companies To SMEs

Date 05/07/2021

The Monetary Authority of Singapore (MAS) announced today that it will further extend the MAS SGD Facility for ESG Loans  This extension will complement the six-month extension of Enterprise Singapore’s (ESG) Temporary Bridging Loan Programme   (TBLP) from 1 October 2021 to 31 March 2022. 

Online Payment Fraud Losses To Exceed $206 Billion Over The Next Five Years; Driven By Identity Fraud - Juniper Research

Date 05/07/2021

A new study from Juniper Research has found that merchant losses to online payment fraud will exceed $206 billion cumulatively for the period between 2021 and 2025. This figure, equivalent to almost 10 times Amazon’s net income in the 2020 financial year, demonstrates why merchants must make combatting fraud, through the use of machine learning-based fraud prevention platforms, an immediate priority.

Hong Kong Securities And Futures Commission Reprimands And Fines Raymond Leung Tak Shing $400,000 For Breaches Of Anti-Money Laundering Regulatory Requirements

Date 05/07/2021