News Centre

Hong Kong's Securities And Futures Commission Concludes Consultation On The Offline Sale Of Complex Products

Date 04/10/2018

The Securities and Futures Commission (SFC) today released conclusions to its further consultation on requirements applicable to the offline sale of complex products. 

The MDIA Launched At The DELTA Summit In Malta - First-ever Blockchain Authority To Be Established

Date 04/10/2018

Parliamentary Secretary for Financial Services, Digital Economy and Innovation Hon. Silvio Schembri announced the launch of the Malta Digital Innovation Authority at the DELTA Summit. The establishment of this Authority was one of the legislative measures upheld within the three Blockchain Acts unanimously approved by the Maltese Parliament earlier on this year.

SPIMEX And S&P Global Platts Sign MoU To Develop New Oil Benchmarks

Date 04/10/2018

Saint Petersburg International Mercantile Exchange (SPIMEX) and S&P Global Platts, a division of S&P Global, today announced that they have signed a memorandum of understanding (MoU) at the Russian Energy Week 2018, held in Moscow.

New Zealand's Financial Markets Authority Issues Infringement Notice To Pacific Eagle Capital

Date 04/10/2018

The Financial Markets Authority (FMA) has issued an infringement notice to Pacific Eagle Capital (PEC) for failing to file financial statements by its due date.

Fiserv And Intesa Sanpaolo Instant Payments Initiative Earns IDC FinTech Rankings Real Results Award - IDC Financial Insights Award Recognises IT Providers That Have Delivered Genuine, Measurable And Future-Enabling Change At A Client Financial Institution

Date 04/10/2018

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, has won the 2018 IDC FinTech Rankings Real Results Award for Next-Generation Payments for enabling Intesa Sanpaolo, one of the top banking groups in the eurozone, to be a European first mover to instant payments. Now in its fourth year, these awards recognise IT providers that have enabled a genuine, measurable, and future-enabling change at a client financial institution in the worldwide financial services industry.

Broadridge Appoints Les Turner Vice President, Investor Communication Solutions International

Date 04/10/2018

Broadridge Financial Solutions has appointed Les Turner as Vice President, Investor Communication Solutions International. As part of a management role focused on operations and client service within Broadridge’s global proxy business, Turner will work closely with product, sales and account management teams. He is based in London and reports to Demi Derem, General Manager, Investor Communication Solutions International.

The World Federation Of Exchanges Publishes Five Sustainability Principles For Member Exchanges

Date 04/10/2018

The World Federation of Exchanges ("WFE"), the global industry group for exchanges and CCPs, has today published a set of five WFE Sustainability Principles (“the Principles”) that constitute a formal declaration by the WFE and its membership to take on a leadership role in promoting the sustainable finance agenda. 

Bursa Malaysia Securities Sector Update

Date 04/10/2018

Bursa Malaysia Securities Berhad (“Bursa Securities”) has decided to update the classification of sector for Ideal Jacobs (Malaysia) Corporation Bhd (“IJACOBS”) to come into effect on 9.00 a.m., Monday, 8 October 2018. 

Strengthening HR Practices In The Singapore Insurance Industry

Date 04/10/2018

The Tripartite Advisory on Human Capital Practices for Insurance was launched today.  The advisory sets out good human resource practices for the insurance industry in the areas of building a talent pipeline, skills-based hiring, and managing retrenchment responsibly.  It also encourages insurance firms to support their employees in acquiring relevant skills and transitioning to new job roles, as jobs are being transformed by technology.   

UK Post-Crisis Low In Penalty Amounts Against Individuals Buck Global Trend In 2017

Date 04/10/2018

• UK penalty amounts against individuals dropped from £18.8m to £970,000 from 2016 to 2017, its lowest since the financial crisis.
• U.S., European (excluding UK) and Hong Kong penalty amounts against individuals rose over the same period.
• Hong Kong, Singapore and Australia had a greater proportion of their total penalty amounts against individuals than northern hemisphere markets from 2013-2017.