News Centre

CCRIF Announces Final Payout Numbers Of US$12.8 Million To The Bahamas Following Hurricane Dorian

Date 27/09/2019

CCRIF announced today that it has made two payouts to the Government of The Bahamas totalling US$12.8 million (US$12,824,153) following the passage of Hurricane Dorian that caused widespread devastation in the northern part of the country affecting 2 of the 16 main islands that make up this archipelago of islands and cays.

Hong Kong Securities And Futures Commission Proposes To Regulate Trustees And Custodians Of Public Funds

Date 27/09/2019

The Securities and Futures Commission (SFC) today launched a consultation on a proposal to regulate depositaries of SFC-authorized collective investment schemes (CIS). Depositaries operating in Hong Kong would be licensed by or registered with the SFC for a new type of regulated activity, RA 13, and be subject to the ongoing supervision of the SFC or the Hong Kong Monetary Authority (HKMA).

Kazatomprom Secondary Offering - Strong Demand Through AIX From Both Local And International Investors

Date 27/09/2019

On September 26, 2019, Kazakhstan Sovereign Wealth Fund Samruk-Kazyna (“Samruk-Kazyna”) sold 9.86 million global depositary receipts (GDRs) representing interests in ordinary shares of JSC NAC “Kazatomprom” (Kazatomprom) by way of an accelerated bookbuild through the London Stock Exchange (“LSE”) and the AIX.

Tokyo Commodity Exchange: Base Prices For December 2020 Contracts Of Electricity

Date 27/09/2019

The base prices for Immediately Executable Price Range (DCB Level) and Circuit Breaker Trigger Level (SCB Level) for December 2020 contracts of Electricity on the First Trading Day, September 30th, 2019, shall be as below.

Japan's Financial Services Agency: Update On Progress Toward Further Efficiency And Transparency In The Screening Procedures For Licensing And Registration Of Financial Businesses

Date 27/09/2019

Since the 2016 fiscal year, the Financial Services Agency (FSA) has indicated its policy direction to “execute proper progress management for registration/licensing procedure by list method for greater efficiency and transparency of financial regulation,” and has announced its action plan and specific initiatives.*
*https://www.fsa.go.jp/en/news/2017/20170210-1.html
  https://www.fsa.go.jp/en/news/2017/20171107.html
  https://www.fsa.go.jp/en/news/2018/20180604.html (FSA website)

SIFMA Statement On Confirmation Of Eugene Scalia To Serve As Secretary Of Labor

Date 26/09/2019

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Senate confirmation of Eugene Scalia as Secretary of Labor:

“SIFMA congratulates Eugene Scalia on his confirmation as Secretary of Labor. We look forward to working with Mr. Scalia on a wide range of important issues.”

SEC Charges Marketing And Printing Services Provider With FCPA Violations

Date 26/09/2019

The Securities and Exchange Commission today announced that Quad/Graphics Inc., a Wisconsin-based digital and print marketing provider, has agreed to pay nearly $10 million to resolve charges that it violated the Foreign Corrupt Practice Act (FCPA) by engaging in multiple bribery schemes in Peru and China.

EZOPS Selected For FIA Innovators Pavilion At Leading Trade Show For Listed Derivatives Community

Date 26/09/2019

EZOPS Inc.<https://www.ezops.com/>, a New York-based provider of artificial intelligence software for financial services institutions, announced today that the firm was among 20 global fintech start-ups<https://fia.org/articles/fia-announces-fintech-startups-chosen-fifth-annual-innovators-pavilion> selected to exhibit in the 2019 FIA Innovators Pavilion at the 35th annual FIA Expo in Chicago October 29 to 31. FIA<https://fia.org/> is the leading global trade organization for the futures, options and centrally cleared derivatives market. FIA Expo is the organization's largest conference globally.

FIA Announces Fintech Startups Chosen For Fifth Annual Innovators Pavilion

Date 26/09/2019

SEC Retail Strategy Task Force To Host Roundtable On Combating Elder Investor Fraud

Date 26/09/2019

The Securities and Exchange Commission Retail Strategy Task Force will host a roundtable on Oct. 3 on combating elder investor fraud. The roundtable will focus on the types of fraudulent and manipulative schemes currently targeting elder investors. The roundtable also will explore views from a broad range of regulators and industry experts on potential steps regulators, broker-dealers, investment advisers, and others can take to identify and combat elder investor fraud.