News Centre

ASIC: Whistleblower Policies Required From 1 January 2020 For Certain Large And Public Companies

Date 20/12/2019

ASIC reminds public companies, large proprietary companies, and corporate trustees of superannuation entities regulated by APRA that they are required to have a whistleblower policy and make it available to their officers and employees by 1 January 2020.

Bursa Malaysia Resumes Normal Trading After Disruption To Trading System

Date 20/12/2019

Trading on Bursa Malaysia Securities Berhad (“Bursa Malaysia” or the “Exchange”) resumed today at 9:00am as normal after trading was halted at 4:45pm the previous day. 

ASIC Publishes Findings From 2018–19 Regtech Initiative Series

Date 20/12/2019

Regulatory technology (regtech) will be a ‘must have’ for large firms in Australia’s financial services industry, according to ASIC’s Regtech Initiatives 2018–19 report.

US Department Of Justice: Former CEO Of Israeli Company Sentenced To 22 Years In Prison For Orchestrating Major International Binary Options Fraud Scheme

Date 19/12/2019

The former CEO of the Israel-based company Yukom Communications, a purported sales and marketing company, was sentenced to 22 years in prison today for orchestrating a scheme to defraud investors who had purchased more than $100 million in financial instruments known as “binary options.”

B3: Ibovespa Breaks New Record And Reaches 115.131 Points

Date 19/12/2019

B3’s market performance index – Ibovespa – hit a record high today ending the day at 115.131 points, up 0,71% from last trading session. The previous Ibovespa record of 114.314 points was recorded on December 18th, 2019.

The Bermuda Stock Exchange Will Be Closed For The Festive Holidays

Date 19/12/2019

The Bermuda Stock Exchange (“BSX”) advises that the BSX will be closed during the Christmas period as follows:

• Wednesday, 25 December 2019 and Thursday, 26 December 2019, re-opening on Friday, 27 December 2019;
• Wednesday, 1 January 2020, re-opening on Thursday, 2 January 2020

Panthera Wins “Best Financial Service Provider - Europe” Award

Date 19/12/2019

This win indicates the academic literature realm of applied behavioural finance is becoming more mainstream for practitioners.

SEC Charges Recidivist Investment Adviser With Defrauding Retirees

Date 19/12/2019

The Securities and Exchange Commission today charged Sacramento, California-based investment adviser firm Springer Investment Management, Inc. dba Springer Financial Advisors (SFA) and owner Keith Springer with defrauding hundreds of retail clients, most of them in or close to retirement.

NZX Appoints Head Of Issuer Relationships

Date 19/12/2019

NZX today announced the appointment of Sarah Minhinnick to the company’s Senior Leadership Team as Head of Issuer Relationships.

SEC Announces Robert A. Marchman As Senior Policy Advisor On Diversity And Inclusion

Date 19/12/2019

The Securities and Exchange Commission today announced the appointment of Robert A. Marchman as Senior Policy Advisor on Diversity and Inclusion. In this newly created role within the SEC's Office of Minority and Women Inclusion (OMWI), Mr. Marchman will focus on working with Commission divisions, offices, and advisory committees to develop and implement strategies to promote diversity and inclusion, both within the SEC and through external engagement with agency partners and market participants. Mr. Marchman will also assist the agency's ongoing efforts to promote financial literacy and inclusion in underserved portions of the investor community.