News Centre

Monetary Authority Of Singapore Extends Digital Bank Assessment Period In View Of COVID-19 Pandemic

Date 09/04/2020

The Monetary Authority of Singapore (MAS) announced today that it will extend the assessment period for the award of digital bank licences. Successful applicants will be informed in 2H 2020 instead of June 2020 as originally intended.

Council Of Financial Regulators (CoFR) – Deferral Of Regulatory Initiatives Affecting The Financial Sector

Date 09/04/2020

In response to COVID-19 a number of CoFR regulatory initiatives are being deferred. These deferrals will enable banks and other financial services firms to focus their efforts more effectively on continuing to operate smoothly and providing credit and other support to individuals and businesses.

Monetary Authority Of Singapore And SGX: Response To "Shorting On The SGX: Have Full Transparency On Such Trades, Big Or Small" - The Business Times, 3 April 2020

Date 09/04/2020

Dear Editor,

MAS & SGX: Current rules provide transparency on short selling activities

We refer to Mr Tan Song Huat’s letter calling for short sell trades of any size on SGX to be published within 24 hours. (“Shorting on the SGX: Have full transparency on such trades, big or small”, 3 April 2020).

SGX Reports Market Statistics For March 2020

Date 09/04/2020

• Activities increased across securities and derivatives markets
• Continuous COVID-19 news flow drives risk management in all trading sessions

The Securities Commission Malaysia Reminds Fund Managers And Unit Trust Management Companies To Prioritise Investors’ Interests During Covid-19

Date 09/04/2020

In view of the unprecedented and volatile market conditions arising from the Covid- 19 pandemic, the Securities Commission Malaysia (SC) has reminded fund management and unit trust management companies of their obligations to act in the best interest of investors at all times and ensure fair treatment of their clients.

Japan's Financial Services Agency: Presentations At The GLOPAC Fellowship Program rom Visiting Fellows

Date 09/04/2020

Click here to download presentations at the GLOPAC Fellowship Program from Visiting Fellows.

Shenzhen Stock Exchange Refines Arrangements On Postponement Of Disclosure Of Annual Reports And Intensifies Regulatory Service Measures During The “Fight Against The Pandemic”

Date 09/04/2020

To implement the guiding principles in the Notice on Further Strengthening Financial Support to the Prevention and Control of the COVID-19 Outbreak issued by five ministries and commissions the requirements of the Announcement on Matters Relating to Doing Well in Auditing and Disclosure of Annual Reports of Listed Companies (the “Announcement”) issued by the China Securities Regulatory Commission (CSRC), on April 8, SZSE released the Notice on Supporting Listed Companies in Doing Well in Auditing and Disclosure of 2019 Annual Reports (the “Notice”) to fully support market players including listed companies in pandemic prevention and control and disclosure of periodical reports by making overall planning and arrangements. The Notice laid down detailed arrangements for listed companies that have difficulties in disclosing audited 2019 annual reports before 30 April 2020 because of the pandemic, showing regulatory consideration, identifying market expectations and maintaining market order.

Circular Of Shanghai International Energy Exchange On The Delivery Issues Of SC2005

Date 09/04/2020

Shanghai International Energy Exchange (hereinafter referred to as “the Exchange”), the subsidiary of Shanghai Futures Exchange has released its Circular on the Delivery Issues of SC2005 on April 9, 2020.

Shenzhen Stock Exchange: Online Training “Fight The Pandemic Together And Facilitate Growth” For Hubei SMEs Successfully Held To Serve Over 3,000 Enterprises In Business Resumption

Date 09/04/2020

The four-week online training service “Fight the Pandemic Together and Facilitate Growth” for small and medium-sized enterprises (SMEs) in Hubei was recently successfully concluded. The activity conscientiously implemented the plans and requirements of the CPC Central Committee and the State Council on strengthening epidemic prevention and control and business resumption. Jointly launched by the Hubei Provincial Financial Administration, the Shenzhen Stock Exchange (SZSE), the China Capital Market Institute, SZSE’s wholly-owned subsidiary Shenzhen Securities Information Co., Ltd. (SSIC) and Wuhan Equity Exchange, the training was live-streamed remotely via the SZSE investment and financing service platform for innovation and start-ups (V-Next platform). It provided professional, non-profit online services for SMEs across Hubei and was also open to SMEs in other provinces and cities in China. More than 3,000 SMEs, mostly based in Hubei, participated in the online live-streamed training. 

Taiwan Futures Exchange Newsletter - April 2020

Date 09/04/2020

Taiwan Futures Exchange (TAIFEX) reported its March 2020 market statistics, showing its average daily trading volume (ADTV) reached 2.1 million contracts during the month, and a growth of 54.5% year-on-year (YoY) in monthly trading volume. As well, the three index futures in TAIFEX’s US product suite aiming for investors to hedge their exposures in the US market – DJIA futures, S&P 500 Futures and Nasdaq-100 Futures, all marked all-time high monthly trading ADTV since their launches. The most heavily traded of the three, DJIA futures, traded 31,866 contracts on a daily basis, up 58.6% from February.