News Centre

Zeng Lingxi Pleads Not Guilty To Charges Of Obstructing The Hong Kong Securities And Futures Commission’s Search Operation

Date 11/11/2020

Ms Zeng Lingxi today pleaded not guilty at the Eastern Magistrates’ Court to two charges laid against her for obstructing employees of the Securities and Futures Commission (SFC) in the execution of a search warrant in May 2020 at an office premises related to an investigation of possible market manipulation of the shares of a Hong Kong-listed company.

Shanghai International Energy Exchange Has Released Its Circular On Publishing The Copper Cathode Futures Contract And The Relevant Implementing Rules Of Shanghai International Energy Exchange

Date 11/11/2020

Shanghai International Energy Exchange has released its Circular on Publishing the Copper Cathode Futures Contract and the Relevant Implementing Rules of Shanghai International Energy Exchange as follows:

Hong Kong FinTech Week 2020 Attracts Over 1.2 Million Viewers, Sets Agenda For Year Ahead

Date 11/11/2020

Hong Kong FinTech Week 2020 came to a successful close on Friday (November 6) after a high-level three-day main conference and over 30 satellite events featuring important announcements, thought-provoking debates and panel sessions covering all aspects of financial technology. Co-organised by Invest Hong Kong (InvestHK), the Hong Kong Monetary Authority (HKMA), the Securities and Futures Commission (SFC) and the Insurance Authority (IA), and supported by the Financial Services and the Treasury Bureau, this year's fully virtual event drew over 1.2 million viewers (see Note), had more than 100 hours of content, saw over 18,000 total business contacts made, and had more than 500 exhibitors, over 350 speakers, 230 journalists and 29 delegations from over 130 economies.

Shanghai Gold Exchange: “Gold Road” New Business Mode Webinar Successfully Held

Date 11/11/2020

In order to effectively align China's gold production capacity with domestic and oversea physical gold demand and promote the development of both domestic and oversea markets, Shanghai Gold Exchange (“SGE”) successfully held “Gold Road” webinar with topic of standard gold ingot re-export on 10th November 2020, to explore banks and refineries cooperation opportunities lying on SGE international board. Over 150 practitioners from financial institutions and refineries attended this webinar. 

Presentation By HKEX Chief Executive Charles Li And Group Chief Financial Officer Vanessa Lau On 2020 Third Quarter Results Announcement

Date 11/11/2020

Click here to download a presentation by HKEX Chief Executive Charles Li and Group Chief Financial Officer Vanessa Lau on 2020 Third Quarter Results announcement.

Good Progress In Illimity’s Results For The Third Quarter Of 2020: Pre-Tax Quarterly Profit Of 13.2 Million Euro (+31% Over The Previous Quarter), Cet1 Ratio Above 19%, Growth In Volumes - Net Profit Of 24 Million Euro In The First Nine Months Of 2020 Compared To A Loss Of 18 Million Euro In The Same Period In 2019

Date 11/11/2020

• Net loans to customers and investments increase to 1.83 billion euro (+46%) in the first nine months (1.26 bln at 30 September 2019), despite the selective approach to generating new business. Confirmation of a solid pipeline for the last part of the year
• Total assets rise to 3.4 billion euro (2 bln euro at 30 September 2019) and include liquidity of around 700 million euro
• Capital base robust and growing further: CET1 Ratio 19.2% (over 20% pro-forma)
• Outlook 2020: confirmation of net profit target of around 30 million euro for the current year (ROE 5%)

Moscow Exchange: REPO Risk Parameters Changes

Date 11/11/2020

Please follow the links below to access the information:

REPO risk parameters change for the security MAGN
REPO risk parameters change for the security MAGN
REPO risk parameters change for the security MAGN

REPO risk parameters change for the security MAGN

G20: Efforts On Governance Issues In Decentralized Financial Systems - "BGIN" - New gGobal Network

Date 11/11/2020

Overview
A Decentralized financial system underpinned by blockchain could attain full P2P (Peer to Peer) financial transactions without intermediaries. While such systems can offer a variety of opportunities and benefits, they could also undermine the ability to enforce existing regulations.
As stated in the G20 Osaka Leaders' Declaration under Japan's presidency (June, 2019), a consensus has been reached on the issue of governance of decentralized financial systems based on blockchain technology and the importance of strengthening dialogue with a wide range of stakeholders, including regulatory authorities and engineers.

ASIC To Further Extend Financial Reporting Deadlines For Listed And Unlisted Entities And Amends ‘No Action’ Position For AGMs

Date 11/11/2020

ASIC will extend the deadline for both listed and unlisted entities to lodge financial reports under Chapters 2M and 7 of the Corporations Act (the Act) by one month for certain balance dates up to and including 7 January 2021 balance dates.

SGX Named Asia’s Best FX Exchange For Third Year Running

Date 11/11/2020

• Voting-based award identifies SGX as most successful in offering clients efficiencies beyond OTC market places.