News Centre

Monetary Authority Of Singapore: “Fairness Metrics” To Aid Responsible AI Adoption In Financial Services

Date 28/05/2020

The Monetary Authority of Singapore (MAS) announced today that the first phase of the Veritas [1] initiative - a framework for financial institutions to promote the responsible adoption of Artificial Intelligence and Data Analytics (AIDA) - will commence with the development of fairness metrics in credit risk scoring and customer marketing. These metrics will help financial institutions validate the fairness of their AIDA solutions in the two use cases. More use cases will be identified in subsequent phases of the initiative.

New Zealand Financial Markets Authority Warns Financial Adviser For Advice To Clients About COVID-19

Date 28/05/2020

The Financial Markets Authority (FMA) has issued a formal warning to a financial adviser who made recommendations to clients that they urgently move their investments to ‘low risk’ funds in the wake of COVID-19. The adviser failed to clarify that the advice may not be suitable for all clients.

Select Committee On COVID-19 – Opening Statement By ASIC Chair James Shipton, At The Senate Select Committee On COVID-19 Public Hearing, 28 May 2020

Date 28/05/2020

Introduction

Thank you for the opportunity for my fellow Commissioners and me to appear today.

We would like to acknowledge the important work of this Committee.

Our vision is to achieve a fair, strong and efficient financial system for all Australians. Realising this depends on both ensuring:

• that ASIC’s mandate continues, as well as
• that we appropriately respond to prevailing challenges of COVID-19.

Nigerian Stock Exchange Reports Positive Performance Across Asset Classes

Date 27/05/2020

The Nigerian Stock Exchange (NSE or The Exchange) has remained attractive in terms of dividend yield and market valuation ratios, with the All Share Index outperforming peer exchanges in Africa. This was revealed by the Chief Executive Officer, NSE, Mr. Oscar N. Onyema, OON during the Stakeholder Engagement Series which held on Wednesday, 27 May 2020.

Nasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date May 15, 2020

Date 27/05/2020

At the end of the settlement date of May 15, 2020, short interest in 2,423 Nasdaq Global MarketSM securities totaled 7,989,729,389 shares compared with 7,740,375,584 shares in 2,422 Global Market issues reported for the prior settlement date of April 30, 2020. The mid-May short interest represents 2.90 days compared with 2.91 days for the prior reporting period.

NYSE Group Consolidated Short Interest Report

Date 27/05/2020

NYSE today reported short interest as of the close of business on the settlement date of May 15, 2020.

CFTC Swaps Report Update

Date 27/05/2020

CFTC's Weekly Swaps Report has been updated, and is now available.

Ontario Securities Commission Updates Stakeholders On Burden Reduction Progress

Date 27/05/2020

The Ontario Securities Commission (OSC) today provided a Status Update on its 107 specific actions to reduce burden for market participants doing business in Ontario’s capital markets.

Nigerian Stock Exchange Set To Host Sustainable Capital Markets Forum To Promote Green Finance In West Africa

Date 27/05/2020

The Nigerian Stock Exchange (“NSE” or “The Exchange”) in collaboration with the Milken Institute, is set to host the inaugural edition of our Webinar Series on Sustainable Capital Markets for West Africa on Friday, 5 June 2020 by 2:30pm. The webinar themed, “Fundamentals of Developing Green Bond Markets”, is supported by the Securities and Exchange Commission (SEC).

Z/Yen Group: Government Digital Certificates Increasingly Important In Covid-19 World

Date 27/05/2020