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  • Hong Kong Securities And Futures Commission Bans TS’O Jing For Life

    Date 26/08/2020

    The Securities and Futures Commission (SFC) has banned Mr TS’O Jing, a former relationship manager of China Citic Bank International Limited (CITIC), from re-entering the industry for life following his conviction for fraud.

  • Shenzhen Stock Exchange: The Securities And Fund Information Technology Application And Innovation Center Launches

    Date 26/08/2020

    On August 24, the launching ceremony of the Securities and Fund Information Technology Application and Innovation Center (the “Industry IT Innovation Center”) and the seminar on information technology innovation were held at the Shenzhen Stock Exchange (SZSE). Relevant persons in charge attended the launching ceremony of the Industry IT Innovation Center and conducted in-depth exchanges centering on strengthening the IT application and innovation within the industry. These attendees are those from the Department of Science and Technological Supervision and the Information Center of the China Securities Regulatory Commission (CSRC), SZSE, China Securities Depository and Clearing Corporation Limited (CSDC), and China Securities Information Technology Service Limited Company (CSITS), as well as seven securities brokers, six industry application service providers, and six technology service providers.


  • ETFGI Reports Assets Invested In Actively Managed ETFs And ETPs Reached A New Record High Of US$194 Billion At The End Of July 2020

    Date 26/08/2020

    ETFGI, a leading independent research and consultancy firm covering trends in the global ETF/ETP ecosystem, reported today that actively managed ETFs and ETPs reached a new record high of US$194 billion at the end of July. Active products gathered net inflows of US$9.16 billion during July, bringing year-to-date net inflows to a record US$35.41 billion which is significantly more than the US$19.27 billion gathered at this point in 2019.  Assets invested in actively managed ETFs/ETPs finished the month up to 8.0%, from US$179.82 billion at the end of June to US$194.18 billion, according to ETFGI's July 2020 Active ETF and ETP industry landscape insights report, a monthly report in the annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)


  • Japan Experiencing Higher Second Wave Of COVID-19 Cases Due To Opening Of Economy Too Soon, Says GlobalData

    Date 26/08/2020

    Japan is now experiencing a second wave that is much larger than the first after having COVID-19 under control for over a month. The country kept economic considerations a priority in its response to COVID-19 and fully re-opened by June 2020, a month after the first wave, which is now thought to have been too soon. This is a warning to other countries that they must not become complacent and resurgence of the pandemic is probable if the restrictive measures are relaxed too soon, says GlobalData, a leading data and analytics company.

  • More Clarity In Swiss Open Banking: Leading Initiatives Join Forces

    Date 26/08/2020

    For a number of years already, there have been various different Swiss initiatives aimed at addressing the issue of interfaces between banks and third-party providers. This involves defining corresponding banking standards that are critical for sustainable innovations in the financial sector. Starting this month, the two leading initiatives – “Common API” from the trade association Swiss Fintech Innovations (SFTI) and “b.Link” from SIX – have made their API specifications compatible in the area of payments. They are thus establishing the first official standard that is not only accepted but also already in operational use by different market participants.