FTSE Mondo Visione Exchanges Index:

News Centre

News

Shenzhen Stock Exchange Publicly Denounces Changsheng Bio-Technology

Date 24/07/2018

The State Drug Administration notified on July 15 that Changchun Changsheng Bio-technology Co., Ltd. (hereinafter as “Changchun Changsheng”), subsidiary of Changsheng Bio-technology Co. Ltd. (hereinafter as “the Company”), was found violating relevant laws and regulations while producing freeze-dried rabies vaccines for human use. According to the notification, the State Drug Administration has launched an investigation on Changchun Changsheng and found that the company has seriously violated the Criteria for Quality Control of Drug Manufacturing by falsifying production records for its freeze-dried human rabies vaccines. Its sales of freeze-dried human rabies vaccines account for nearly one fourth of the total amount in domestic market. The announcement has provoked serious concern among the media and consumers. Jilin Food and Drug Administration has revoked Changchun Changsheng’s Drug GMP Certificate, ordering the company to halt its rabies vaccine production. In addition, Changchun Changsheng's "Diphtheri, Tetanus and Acellular pertussis Combined Vaccine, Adsorbed” fails to meet the standards for biological potency; Jilin Food and Drug Administration have initiated a series of administrative penalties against Changchun Changsheng such as confiscation of inventories and unlawful proceeds and imposing fines.
External Report On Fees And Costs Disclosure Welcomed By ASIC

Date 24/07/2018

The Australian Securities and Investments Commission (ASIC) has today released the external report into Regulatory Guide 97 Fees and costs disclosure (RG 97) commissioned in November 2017.
Further Optimizing Corporate Governance Structure, And Duly Fulfilling The Front-Line Regulatory Responsibility - Shenzhen Stock Exchange Releases The Amended Charter

Date 24/07/2018

Recently, Shenzhen Stock Exchange (“SZSE”) issued an amended version of the Charter of Shenzhen Stock Exchange (hereinafter referred to as the "Charter").
Vice Chairman For Supervision Randal K. Quarles Sworn In For Second Term As Member Of The Board Of Governors Of The Federal Reserve

Date 23/07/2018

Vice Chairman for Supervision Randal K. Quarles was sworn in for his second term as a member of the Board of Governors of the Federal Reserve System on Monday. The oath of office was administered by Chairman Jerome H. Powell in the Board Room.
CFTC’s Giancarlo And Tuckman Respond To Vatican Criticism Of Derivatives

Date 23/07/2018

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo and Chief Economist Bruce Tuckman penned a letter in defense of derivatives in response to the Bollettino published by the Vatican’s Congregation for the Doctrine of the Faith and Dicastery for Promoting Integral Human Development on May 17, 2018, titled “Oeconomicae et Pecuniariae Quaestiones: Considerations for an Ethical Discernment Regarding Some Aspects of the Present Economic Financial System.” Giancarlo and Tuckman address derivatives broadly, as well as the specific criticism of credit default swaps (CDS) contained within the Vatican’s Bollettino.

Intercontinental Exchange Completes Acquisition Of TMC Bonds

Date 23/07/2018

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that it has completed its acquisition of TMC Bonds LLC. The transaction, which was completed for $685 million in cash, will not have a material impact on 2018 financial results and will not impact capital returns.
ESMA Updates UCITS And AIFMD Q&As

Date 23/07/2018

The European Securities and Markets Authority (ESMA) has today updated its Questions and Answers on the application of the Undertakings for the Collective Investment in Transferable Securities Directive (UCITS) and the Alternative Investment Fund Managers Directive (AIFMD).
CFTC: Federal Court Orders Commodity Pool Operator And Its Principal To Pay More Than $1.9 Million For Bitcoin And Binary Options Fraud Scheme

Date 23/07/2018

On July 9, 2018, a New York federal court ordered Dillon Michael Dean (Dean) of Longmont, Colorado, and The Entrepreneurs Headquarters Limited (TEH), Dean’s UK-registered company, to pay over $1.9 million in civil monetary penalties and restitution in connection with a lawsuit brought by the Commodity Futures Trading Commission (CFTC).
SEC Charges Mizuho Securities For Failure To Safeguard Customer Information

Date 23/07/2018

The Securities and Exchange Commission today charged Mizuho Securities USA LLC for its failure to safeguard information pertaining to stock buybacks by its issuer customers. Mizuho failed to maintain and enforce policies and procedures aimed at preventing the misuse of material nonpublic information, including maintaining effective information barriers between different trading desks and requiring employees to keep client information confidential. Mizuho agreed to settle the charges and will pay a $1.25 million penalty.
Nigerian Stock Exchange Opens Entries For 2018 Essay Competition To Promote Financial Literacy - Receives Support From Jim Ovia

Date 23/07/2018

In line with its commitment to ‘building a financially savvy generation, the Nigerian Stock Exchange (The NSE or The Exchange) is pleased to announce the commencement of the 2018 edition of its NSE Essay Competition for students in Senior Secondary Schools in all states of the Federation. The topic for this year’s edition, “Discuss how technology can promote financial literacy and encourage investment habit among youths?” aims to bring the subject of technology to the fore and get young people to start thinking early on about how it can be applied to real life business situations.