News Centre

Japan Financial Services Agency: Publication Of The Examples Of Initiatives Taken By Financial Institutions Under Their EMPs

Date 07/06/2024

The Government of Japan has published "Policy Plan for Promoting Japan as a Leading Asset Management Center" on December 13, 2023.

Bursa Malaysia Securities Publicly Reprimands And/Or Fines Top Builders Capital Berhad And Eight (8) Directors

Date 07/06/2024

Bursa Malaysia Securities Berhad [Registration No.: 200301033577 (635998-W)] (Bursa Malaysia Securities) has publicly reprimanded Top Builders Capital Berhad (TOPBLDS) and eight (8) of its directors for breaches of Bursa Malaysia Securities Main Market Listing Requirements (Main LR). In addition, the eight (8) directors of TOPBLDS were imposed total fines of RM405,750. 

SGX Group Reports Market Statistics For May 2024

Date 07/06/2024

• SDAV jumps to one-year high as retail participation grows
• Record derivatives open interest as participants manage increased risk exposure across Asia’s economic landscape

Japan Financial Services Agency: Publication Of The "Action Program For Corporate Governance Reform 2024: Principles Into Practice"

Date 07/06/2024

The Council of Experts Concerning the Follow-up of Japan's Stewardship Code and Japan's Corporate Governance Code (Chairman: Hideki Kanda, Emeritus Professor, University of Tokyo) has now published the opinion statement No.7 "Action Program for Corporate Governance Reform 2024: Principles into Practice".

Statement Regarding Adjournment Of New Zealand Financial Markets Authority’s IPO Proceeding Against CBLC, Peter Harris, Alistair Hutchison And Carden Mulholland

Date 07/06/2024

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – acknowledges the High Court’s decision to adjourn the trial for the FMA’s Initial Public Offer (IPO) proceeding against CBLC (in liquidation), its managing director Peter Harris, director Alistair Hutchison, and chief financial officer Carden Mulholland. The IPO proceeding was set down to be heard at the same time as the FMA’s Continuous Disclosure proceeding, starting 25 June 2024. The IPO proceeding has been adjourned until April 2026.  

US Financial Stability Oversight Council And The Brookings Institution Host A Conference On Artificial Intelligence And Financial Stability

Date 06/06/2024

Today the Financial Stability Oversight Council (FSOC), in partnership with the Brookings Institution, hosted the first day of a conference on Artificial Intelligence (AI) and Financial Stability. This conference brought together public and private sector participants to discuss the evolving role of AI in the financial system and the potential implications for U.S. financial stability. 

Sprightly At Ninety: Remarks At The SEC’s 90th Anniversary Celebration, SEC Commissioner Hester M. Peirce, Washington D.C., June 6, 2024

Date 06/06/2024

Welcome to the SEC’s 90th Anniversary Celebration. It is an honor to regulate the best capital markets in the world. We have protected countless investors, facilitated the capital flows needed to support a robust economy, held bad actors accountable, and promoted market integrity. In our ninety years, our nation has weathered recessions, financial crises, and attacks on our liberty. Throughout those dark times, the SEC has played a critical role in helping restore our markets and investor confidence.

SEC Commissioner Uyeda Remarks At The 90th Anniversary Of The US Securities And Exchange Commission Celebration

Date 06/06/2024

Good afternoon. Today, we commemorate the 90th anniversary of the Securities Exchange Act of 1934 (the “Exchange Act”), and with it, the founding of the Securities and Exchange Commission (“SEC” or “Commission”). I am pleased to celebrate this moment with my fellow colleagues at the Boston Regional Office.

CFTC Charges Unregistered Commodity Pool Operator And Its Owner With Futures Fraud And Misappropriation

Date 06/06/2024

The Commodity Futures Trading Commission today filed a civil enforcement action in the U.S. District Court for the Western District of Tennessee against Three Bridges Trading Fund, LLC, a Tennessee corporation, and its owner, president, and manager, Donald Wray Rodgers of Collierville, Tennessee. The complaint alleges the defendants operated a fraudulent scheme in which they solicited and accepted at least $2 million from pool participants to invest in a commodity pool.

Federal Reserve Board Announces That Results From Its Annual Bank Stress Tests Will Be Released On Wednesday, June 26, At 4:30 P.M. EDT

Date 06/06/2024

The Federal Reserve Board announced on Thursday that results from its annual bank stress tests will be released on Wednesday, June 26, at 4:30 p.m. EDT. Additionally, aggregate results from the Board's first exploratory analysis, which will not affect bank capital requirements, will be released simultaneously.