News Centre

New Zealand Financial Markets Authority: Updated FAQs For Managed Investment Scheme (MIS) Managers

Date 30/04/2020

Under the Financial Markets Conduct Act 2013 (FMCA), managers must ensure every managed investment scheme (MIS) that they manage has a statement of investment policy and objectives (SIPO).

Japan Exchange Group, Inc. And Consolidated Subsidiaries Consolidated Financial Results For The Fiscal Year Ended March 31, 2020 (Based On IFRS), Unaudited

Date 30/04/2020

In the fiscal year ended March 31, 2020 (from April 1, 2019 to March 31, 2020), JPX Group recorded operating revenue of ¥123,688 million (increased 2.1% from the same period of the previous fiscal year (i.e., year on year)), and operating expenses were ¥58,532 million (increased 8.2% year on year). As a result, JPX Group recorded operating income of ¥68,533 million (decreased 1.4% year on year) and income before income tax of ¥69,095 million (decreased 2.4% year on year).

New Zealand Financial Markets Authority: Insurer COVID-19 Expectations

Date 30/04/2020

The FMA has written to insurance industry bodies to acknowledge the work insurers have done to respond to the needs of their customers during the COVID-19 crisis, and to outline our expectations for their continued good conduct. The letter sets out steps insurers can take to ensure they are addressing customer needs, and includes examples of good practice we have seen.

IMF Executive Board Approves US$504 Million In Emergency Assistance To Costa Rica To Help Address The COVID-19 Pandemic

Date 30/04/2020

• The IMF Executive Board approves the 40th request for emergency financial assistance to help its member countries address the challenges posed by COVID-19.
• The IMF approved the Dominican Republic’s request for emergency financial assistance under the Rapid Financing Instrument (RFI) of about US$650 million to meet the urgent balance of payment needs stemming from the outbreak of the COVID-19 pandemic.
• The RFI provides timely resources to the authorities which they intend to mobilize for essential COVID-19-related health expenditure and support to the vulnerable population.
• The pandemic has significantly weakened the Dominican Republic’s macroeconomic outlook for 2020 and created financing needs that require additional support.

Promoting The Reform Of The ChiNext Board And Piloting The Registration-Based IPO System In A Reverent, Responsible And High-Quality Way - Shenzhen Stock Exchange Holds A Mobilization Meeting For Promoting The Reform Of The ChiNext Board And Piloting The Registration-Based IPO System

Date 30/04/2020

On April 28, Shenzhen Stock Exchange ("SZSE") held a mobilization and deployment meeting for promoting the reform of the ChiNext Board and piloting the registration-based IPO system, at which preparations for the reform were notified, the reform priorities were interpreted and next-step key tasks were laid out. All intermediate leaders or above and relevant departmental employees of SZSE were present.

IMF Executive Board Approves US$504 Million In Emergency Assistance To Costa Rica To Help Address The COVID-19 Pandemic

Date 29/04/2020

• The IMF Executive Board approved Costa Rica’s request for emergency financial assistance of about US$ 504 million to help the country meet the urgent needs stemming from the COVID-19 pandemic.
• The funds will provide timely resources to support essential health expenditure and relief measures for the vulnerable populations, and to meet the urgent balance of payment need stemming from the pandemic.
• The Costa Rican authorities have taken important measures to contain the spread of the virus and to mitigate its economic impact.

NZX Revenue & Shareholder Metrics - Q1 2020

Date 29/04/2020

IMF Executive Board Approves A US$220 Million Disbursement To The Islamic Republic Of Afghanistan To Address The COVID-19 Pandemic

Date 29/04/2020

• The IMF Executive Board approved Afghanistan’s request for emergency assistance in the amount of SDR 161.9 million (approximately US$220 million) under the Rapid Credit Facility.
• The pandemic is inflicting heavy damage on Afghanistan’s economy, which is expected to contract sharply in 2020, imperiling the livelihood of a significant segment of the population.
• The authorities are taking emergency measures to contain the pandemic and its immediate social and economic impact.

CFTC Swaps Report Update

Date 29/04/2020

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

Joint Open Letter To The European Commission - EU Investors Against Any Postponement Of The Implementation Of The Shareholder Rights

Date 29/04/2020

Today the heads of European and Member State organisations representing individual shareholders across Europe sent an Open Letter to the European Commission opposing lobbying attempts by powerful financial intermediaries to postpone the implementation of the Shareholder Rights Directive II.