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News Centre
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SGX Group Welcomes Yuanta Global (Singapore) Pte. Ltd. As Derivatives Clearing Member
Date 19/06/2025
Singapore Exchange (SGX Group) is pleased to welcome Yuanta Global (Singapore) Pte. Ltd. as a derivatives clearing member.
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Shanghai Stock Exchange Hosts Investment Cooperation Training With Qatar Financial Centre
Date 19/06/2025
Recently, the Shanghai Stock Exchange (SSE) and the Qatar Financial Centre jointly held an "Investment Cooperation Training" in Shanghai. The event was attended by 52 representatives from 37 listed and prospective listed companies from SSE and SZSE in various sectors, including energy, construction, pharmaceuticals, information technology, finance, and manufacturing. The training focused on in-depth discussions about Qatar's investment environment, operational practices, and financing policies. It aimed to help participating companies deepen their understanding of the business environment in the Middle East, extending their investment perspectives from countries like Saudi Arabia and the UAE to Qatar. Additionally, it showcased the high-quality development achievements of China's leading listed companies and their willingness to embrace internationalization, providing new opportunities for Chinese enterprises to explore the Middle Eastern market and promote cooperation between China and Qatar.
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Hong Kong Securities And Futures Commission Bans Law Man Wai For Three Years
Date 19/06/2025
The Securities and Futures Commission (SFC) has prohibited Mr Law Man Wai, a former licensed representative of Cinda International Securities Limited (CISL), from re-entering the industry for three years from 19 June 2025 to 18 June 2028 (Note 1).
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ASIC Chair Joe Longo Spoke To Business News Senior Editor Mark Pownall At The Business News Success And Leadership Event
Date 19/06/2025
The event was held in Perth on 19 June.
Mark Pownall: Thank you for that, and welcome as well, Joe.
Joe Longo: Thanks, mate.
Mark Pownall: Just a quick agenda for today. Just a reminder about Slido for your questions. I am going to lean into those. There’s plenty to talk about. And I’m going to test Joe a little bit on the early days and how he got to where he is, before we get into some of the things that are going on in the world of ASIC today. Joe, back in Perth, I’m imagining with your WA roots you didn’t coincide this trip with the Rugby League State of Origin last night?
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2025 Lujiazui Forum | Shanghai Stock Exchange Chairman Qiu Yong: Accelerating The Development Of A Coordinated Market Ecosystem For Investment And Financing
Date 19/06/2025
On June 18, Qiu Yong, Chairman of Shanghai Stock Exchange (SSE), delivered a keynote speech at the 2025 Lujiazui Forum on the theme of "Promoting Sustainable and Steady Development of the Capital Market". He believes that the capital market plays a crucial role as a hub. The SSE will fully fulfill its mission of accelerating the building of a coordinated market ecosystem for investment and financing, and supporting China's economic and social development.
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Hong Kong Securities And Futures Commission Suspends Pun Hong Hai For 10 Months
Date 19/06/2025
The Securities and Futures Commission (SFC) has suspended Mr Pun Hong Hai, a former responsible officer (RO), chief executive officer and manager-in-charge of overall management oversight of Freeman Commodities Limited (Freeman), for 10 months from 11 June 2025 to 10 April 2026 for supervisory failures
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United States Files Civil Forfeiture Complaint Against $225M In Funds Involved In Cryptocurrency Investment Fraud Money Laundering
Date 18/06/2025
The Department of Justice filed a civil forfeiture complaint today in the U.S. District Court for the District of Columbia against more than $225.3 million in cryptocurrency. According to the complaint, law enforcement used blockchain analysis and other investigative techniques to determine that the cryptocurrency is connected to the theft and laundering of funds from victims of cryptocurrency investment fraud schemes, commonly referred to as “cryptocurrency confidence scams.”
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BC Securities Commission Reaches Settlement With Director Of B.C.-Based Cannabis Company
Date 18/06/2025
The former director of a B.C.-based cannabis company that illegally distributed securities has been banned for six years and has paid $5,000 to the BC Securities Commission (BCSC) for her misconduct.
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US Deputy Secretary Of The Treasury Faulkender Lays Out Guiding Principles For Bank Secrecy Act Modernization
Date 18/06/2025
Today, Deputy Secretary of the Treasury Michael Faulkender spoke at the 62nd Bank Secrecy Act Advisory Group (BSAAG)plenary meeting organized by the Financial Crimes Enforcement Network (FinCEN). At this public-private partnership event, Deputy Secretary Faulkender discussed the Trump Administration’s guiding principles for Bank Secrecy Act (BSA) modernization.
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Joint Investigation Disrupts Cryptocurrency Scam That Used Facebook Advertisements And Scam Websites, Recovering $140,000 And Freezing $300,000 In Stolen Funds
Date 18/06/2025
- Scammers Used Deceptive Facebook Ads to Lure Russian-Speaking New Yorkers into Investing with Fake Cryptocurrency Trading Platforms
- Over 100 Fraudulent Domains Seized; Some Victims Were Warned Early, Others to Be Made Whole