News Centre

Hong Kong Securities And Futures Commission Bans Vincent Ng Lok Kan For 30 months

Date 02/10/2019

The Securities and Futures Commission (SFC) has banned Mr Vincent Ng Lok Kan, a former licensed representative of Sun Hung Kai Investment Services Limited (SHKIS), from re-entering the industry for 30 months from 27 September 2019 to 26 March 2022 .

Volante Technologies Named Global Winner, Best Payments Solution, By Global Finance

Date 02/10/2019

Volante Technologies Inc., a global provider of technology and software as a service to accelerate digital transformation and modernization in financial services, was named Global Winner, Best Payments Solution by Global Finance as part of its annual ranking: World’s Best Treasury and Cash Management Banks and Providers.

IPO Innovator SquareBook Makes Two Strategic Senior Hires - Appoints Senior Banker Barry Wingate As Director And Leading Authority On Primary Market Issuance Fred Huibers As Advisor To The Board

Date 02/10/2019

SquareBook, the FCA regulated firm offering a transparent, fair and automated way to IPO in modern markets, today announced the appointment of two senior executives to their management team. Senior Banker Barry Wingate joins as Director and will be responsible for helping corporates and their advisors find the most suitable investors by using the SquareBook platform to manage the Initial Public Offering (IPO) process. Fred Huibers, a leading authority on primary market issuance, joins as Advisor, working with issuers to design an auction that works best for their firms.

ASIC Releases Report On Director And Officer Oversight Of Non-Financial Risk

Date 02/10/2019

In a report released today, ASIC urges companies to apply a greater focus and sense of urgency to the oversight and management of non-financial risk.

Bursa Malaysia Rings The Bell For Financial Literacy And Kicks Off National Investment Debate Challenge

Date 02/10/2019

As a committed advocate of financial literacy, Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) showed its support for World Investor Week (WIW) by joining other exchanges around the world to host a “Ring the Bell for Financial Literacy” ceremony today, followed by the launch of its second National Investment Debate Challenge. Held from 30 September to 4 October this year, WIW is a global campaign organised by the International Organization of Securities Commissions (IOSCO) to raise awareness about the importance of investor education and protection.

Speech By Loh Boon Chye, Chief Executive Officer, SGX At The Listing Ceremony Of Lendlease Global Commercial REIT

Date 02/10/2019

Mr Tony Lombardo, CEO of Lendlease Asia, and Chairman of Lendlease Global Commercial Trust Management;

Mr Kelvin Chow, CEO, Lendlease Global Commercial Trust Management;

Distinguished guests, ladies and gentlemen,

A very good afternoon and warm welcome to all.               

CFTC Orders Trader To Pay $160,000 For Making Misrepresentations To Futures Commission Merchants

Date 02/10/2019

The U.S. Commodity Futures Trading Commission announced today that it issued an order filing and simultaneously settling charges against Aron Seidenfeld, a New York-based futures trader, for causing material misrepresentations to be made in account opening documents submitted to multiple futures commission merchants (FCMs). The order was entered on Monday, September 30, 2019.

New Zealand Financial Markets Authority Bolsters Senior Leadership Team

Date 02/10/2019

The Financial Markets Authority (FMA) announced today two senior appointments to its executive team, reporting directly to Chief Executive Rob Everett.

CFTC Orders Two Trading Firms, Bank To Pay A Total Of $3 Million For Spoofing

Date 01/10/2019

The U.S. Commodity Futures Trading Commission today announced that civil enforcement actions were filed and simultaneously settled against two trading firms and one bank for violating the Commodity Exchange Act’s (CEA) prohibition on spoofing (bidding or offering with the intent to cancel the bid or offer before execution).  These cases were brought in connection with the Division of Enforcement’s Spoofing Task Force.

SEC Proposes To Require Proposed NMS Plan Fee Amendments To Follow Public Notice, Comment, And Approval Procedure

Date 01/10/2019

The Securities and Exchange Commission today proposed to require an amendment to a national market system plan (NMS plan) that would establish or change a fee or other charge (Proposed Fee Change) to be subject to the standard procedure for NMS plan amendments. The proposal would rescind a rule exception that allows an NMS plan amendment to be effective upon filing if it establishes or changes a fee or other charge. The standard procedure requires publication of the amendment, an opportunity for public comment, and Commission approval by order before the amendment can become effective.