News Centre

Fund Oversight Rises To The Top Of The Agenda For The Fund Management Community - Milestone Group Survey Uncovers Insights Into How Firms Are Planning For Brexit

Date 11/04/2018

Milestone Group, the pioneers of oversight technology for the fund management community, has released research into how the industry is addressing outsourcing and oversight, in the context of Brexit preparations.

Patchwork Financial Regulation A $780 Billion Drag On The Economy

Date 11/04/2018

Fragmentation in global financial regulation costs more than USD $780 billion annually, according to a survey released today by IFAC (International Federation of Accountants) and Business at OECD (BIAC).

AxiomSL Launches End To End Solution To Address Complex IFRS 17 Requirements

Date 11/04/2018

AxiomSL, the leading provider of regulatory reporting and risk management solutions, today announces the launch of its IFRS 17 solution, which offers an industrialised end to end process to efficiently address the highly intensive IFRS 17 requirements. AxiomSL’s IFRS 17 solution provides automation with strong data management, reconciliation, flexibility and traceability capabilities whilst reducing the Total Cost of Ownership (TCO) and operational risks as well as ensuring quick time to market.

MarketInvoice Partners With NatWest To Fund British Businesses

Date 11/04/2018

• MarketInvoice is the first invoice finance provider to join the Capital Connections panel
• Initiative is raising awareness of alternative sources of funding to UK businesses
• NatWest business and commercial customers to benefit from quick and easy access to invoice finance solutions when borrowing from the bank is not possible

Securities Commission Malaysia Issues Notice To Investors To File Claims For Restitution

Date 11/04/2018

The Securities Commission Malaysia (SC) today called upon members of the public who had invested in an illegal futures and equity trading scheme to file their claims for restitution.

Taiwan Futures Exchange April Newsletter

Date 11/04/2018

After setting a new record high of trading volume in 2017, TAIFEX continued its growth momentum in the first quarter of 2018. Total trading volume in the first quarter has reached 77,990,836 contracts, marking a 50% year-on-year growth, while the average daily trading volume has amounted to 1,344,773 contracts, a year-on-year growth of 48%.  

HKEX Comments On Stock Connect Daily Quota Expansion

Date 11/04/2018

Hong Kong Exchanges and Clearing Limited (HKEX) has issued a Business Update following the joint announcement from the China Securities Regulatory Commission and Hong Kong’s Securities and Futures Commission about the expansion of the existing daily quota under the Stock Connect.  From 1 May 2018, the Northbound daily quota will be increased from RMB13 billion for each of the Shanghai Connect and the Shenzhen Connect to RMB52 billion and the Southbound daily quota will be increased from RMB10.5 billion for each of the Shanghai Connect and the Shenzhen Connect to RMB42 billion.

SGX Updates On India Equity Derivatives Plans

Date 11/04/2018

SGX will list new India equity derivative products in June 2018, to provide market participants with continuity and the ability to seamlessly transition their current India risk management exposures. These products also add to the existing India Single Stock Futures offering, which has garnered active participation from global institutional clients since its launch, demonstrating the demand for access products.  

China Futures Market Monitoring Center: 1st Full-Market Testing For International Business Of Iron Ore Futures Completed

Date 11/04/2018

On March 31 and April 1, Dalian Commodity Exchange (DCE) organized China Futures Market Monitoring Center, futures-company members and information providers to carry out the 1st full-market testing for the business of ushering in overseas traders of iron ore futures. The testing aims to promote initial preparations for the international business of iron ore futures and guarantee the successful operation of relevant business.

Stock Connect: Regulators Announce Increases In Daily Quotas

Date 11/04/2018

The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) have agreed to increase the daily quotas under Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect.