News Centre

PIMFA Welcomes IRSG Report On ‘Architecture For Regulating Finance After Brexit’

Date 27/01/2020

PIMFA – the UK’s trade body for the personal investment services and financial advice profession –welcomes the International Regulatory Strategy Group (IRSG) report on ‘The Architecture for RegulatingFinance after Brexit: Phase II’. v

FESE: European Capital Markets Fact Sheet Q4 2019

Date 27/01/2020

European capital markets had a relatively positive 2019 but a mixed fourth quarter as an uncertain economic outlook dominated the picture.

Shanghai Stock Exchange: Announcement On Adjusting Arrangements For Market Closure During 2020 Spring Festival Holiday

Date 27/01/2020

According to the "Notice of the General Office of the State Council on Extending the 2020 Spring Festival Holiday", with the approval of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) decides to extend the market closure during the 2020 Spring Festival holiday, and adjusts the schedule in the “Announcement on the Arrangements for the Market Closure During the 2020 Spring Festival Holiday” (SSE Announcement [2020] No. 3 Document) as follows:

1. The market closure during the 2020 Spring Festival holiday will be extended until February 2 (Sunday), and the market will be open as usual on February 3 (Monday).

Notice On Adjusting Arrangements For Southbound Trading Days Under Shanghai-Hong Kong Stock Connect During 2020 Spring Festival Holiday

Date 27/01/2020

According to the relevant requirements in the “Announcement on Adjusting Relevant Arrangements for Market Closure During 2020 Spring Festival Holiday” (SSE Announcement [2020] No. 6 Document) and the “Measures of Shanghai Stock Exchange for Implementation of Shanghai-Hong Kong Stock Connect Business”, the arrangements for the southbound trading days under the Shanghai-Hong Kong Stock Connect during the 2020 Spring Festival holiday are adjusted as follows:

1. The southbound trading services will not be available from January 22 (Wednesday) to February 2 (Sunday), and it will be open as usual on February 3 (Monday).

Zhengzhou Commodity Exchange: Notice Of Market Closure Adjustments During 2020 Spring Festival Holiday

Date 27/01/2020

According to China Securities Regulatory Commission (CSRC)’s notice, after consideration, Zhengzhou Commodity Exchange (ZCE) hereby makes adjustments to Ref: No.504 [2019] ZCE, Ref: No.14 [2020] ZCE and Ref: No.15 [2020] ZCE as follows:

The market would be closed from January 24, 2020 to February 2, 2020. The call auction session for all futures and options contracts on February 3 will be carried out from 8:55 am to 9:00 am. Night trading session will be resumed on the night of February 3, 2020.

Duff & Phelps Global Regulatory Outlook: London Loses To New York As Pre-Eminent Financial Hub For Second Year, But Favourable Regulatory Regime Could Help London Bounce Back

Date 27/01/2020

• Only 33% of senior financial professionals see London as the foremost global financial hub, down 20% in two years
• Cost of compliance (21%) and war for talent (23%) are the top two concerns facing firms and senior executives around the world
• However, senior executives rate the UK as having the most favourable regulatory regime for financial services in the world (30%) followed by the U.S. (26%)

HKEX Lunar New Year Market Open Ceremony Cancelled

Date 27/01/2020

Please note that HKEX's ceremony to mark the first trading day of the Lunar New Year, originally scheduled for Wednesday, 29 January at 09:00 am, has been cancelled.

Nigerian Stock Exchange Employees Donate To Women At Risk International Foundation Foundation

Date 27/01/2020

As part of its Employee Give-Back initiative, employees of The Nigerian Stock Exchange (“NSE” or “Exchange”) have donated funds to support the initiatives of the Women at Risk International Foundation (WARIF) in Lagos during the Christmas holidays. The Employee Giveback initiative is one of various employee engagement initiatives instituted to encourage employees to make a positive impact in their communities whilst providing them with hands-on experience and learning opportunities on issues that plague the society.

DGCX To Hold A Special Trading Session On Saturday February 1st On The Occasion Of The Union Budget Of India

Date 26/01/2020

The Dubai Gold & Commodities Exchange (DGCX) is to hold a special trading session on Saturday, February 1st to allow market participants to hedge their risk before, during and after the announcement of the 2020 Union Budget of India.

Statement At Inaugural Meeting Of The Asset Management Advisory Committee, SEC Commissioner Allison Herren Lee, Washington D.C., Jan. 14, 2020

Date 24/01/2020

Thank, you. I’ll be brief so you can all get started with your important work. I second the remarks of my colleagues regarding how important the asset management industry is to American investors. Clients of all types—from retirees and retail investors to large institutions and pension plans—rely heavily on the people in this room and your colleagues to manage their finances, help them save and invest for the future, and exercise independent judgment in voting their shares. I want to thank Director Dalia Blass for helping to establish this Committee, and everyone in this room for your willingness to contribute your time and expertise.