News Centre

Monetary Authority Of Singapore: Civil Penalty Actions Taken Against Five Individuals For False And Unauthorised Trading

Date 26/02/2025

The Monetary Authority of Singapore (MAS) has imposed civil penalties against four individuals, Mr Aw Yong Leon Heng, Mr Neo Say Hwee, Mr Chang Bing Quan Daryl, Mr Cheng Jia Hong, and a trading representative Mr Tan Keng Cheng, for abetting Mr Lim Tiong Hian in false trading and the related unauthorised use of trading accounts under the Securities and Futures Act (SFA). These enforcement actions are a result of a joint investigation conducted by MAS and the Commercial Affairs Department (CAD) of the Singapore Police Force, following a referral from the Singapore Exchange Securities Trading Limited.

ASIC: Advancing Australia’s Regulatory Roadmap For Public And Private Capital Markets

Date 26/02/2025

ASIC has announced its preliminary views on the opportunities and risks emerging from shifts in public and private capital markets and called for feedback and debate on key questions as part of a discussion paper launched today.

HKEX Welcomes Listing Of New Flagship ETF

Date 26/02/2025

HKE welcomed the listing of the Invesco QQQ Trust, the world’s largest Nasdaq-100 Index ETF.

Japan Exchange Group: Candidates For Directors And Executive Officers, Etc.

Date 26/02/2025

Japan Exchange Group, Inc. (JPX) hereby announces that it has decided on candidates for directors, executive officers, and other senior managers effective from April 1, 2025 as follows.

SIFMA Statement On SEC Extension Of Compliance Dates For Treasury Clearing

Date 25/02/2025

 SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., president and CEO, on the Securities and Exchange Commission’s (SEC) extension of the compliance dates for Treasury clearing:

“SIFMA commends Acting Chairman Uyeda and the Commission for taking the step to extend the implementation date for mandated central clearing of Treasury securities and repurchase agreements.”

SEC Extends Compliance Dates And Provides Temporary Exemption For Rule Related To Clearing Of U.S. Treasury Securities

Date 25/02/2025

The Securities and Exchange Commission today extended the compliance dates for Rule 17ad-22(e)(18)(iv)(A) and (B) under the Securities Exchange Act by one year to Dec. 31, 2026, for eligible cash market transactions, and June 30, 2027, for eligible repo market transactions. Under the rule, a covered clearing agency that provides central counterparty services for U.S. Treasury securities must establish, implement, maintain, and enforce written policies and procedures reasonably designed to require that every direct participant of the covered clearing agency submit for clearance and settlement all eligible secondary market transactions in U.S. Treasury securities to which it is a counterparty. The rule also requires a covered clearing agency to identify and monitor its direct participants’ submissions of transactions for clearing, including how the covered clearing agency would address a failure to submit transactions.

CFTC Releases Enforcement Advisory On Self-Reporting, Cooperation, And Remediation

Date 25/02/2025

The Commodity Futures Trading Commission’s Division of Enforcement today issued an advisory on how the Division will evaluate a company’s or individual’s self-reporting, cooperation, and remediation when recommending enforcement actions to the Commission and establishes the factors the Division will consider. This marks the first time the Division will use a matrix to determine the appropriate mitigation credit to apply. The advisory provides fair notice to the public and guidance that is designed to ensure due process in the Division’s investigations and enforcement actions.

U.S. Department Of The Treasury: Krause To Serve As Acting IRS Commissioner - O’Donnell Retires After Distinguished Career

Date 25/02/2025

Secretary of the Treasury Scott Bessent announced today that IRS Chief Operating Officer Melanie Krause will become acting IRS Commissioner following the retirement announcement of Doug O’Donnell.

Coinbase To Participate In Morgan Stanley Technology, Media, And Telecom Conference

Date 25/02/2025

Coinbase Global, Inc. announced today that Brian Armstrong, Co-Founder and CEO, and Alesia Haas, Chief Financial Officer, will participate in a fireside chat at the Morgan Stanley Technology, Media, and Telecom Conference on Tuesday, March 4, 2025 at 4:05 pm ET / 1:05 pm PT.

TMX Group And Clearstream Announce Bank Of Canada To Utilize The Canadian Collateral Management Service

Date 25/02/2025

TMX Group Limited (TMX Group) and Clearstream Banking S.A. (Clearstream), the international central securities depository of Deutsche Börse Group, are pleased with the Bank of Canada's decision to utilize the Canadian Collateral Management Service (CCMS).