News Centre

ADGM Launches e-KYC Utility Project With Consortium Of Key UAE Financial Institutions

Date 07/02/2018

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, today announces the initiation and development of an electronic-Know-Your-Customer (e-KYC) utility in close collaboration with a key team of the UAE’s largest financial institutions.

Monetary Authority Of Singapore Encourages Financial Institutions to Use Technology to On-board Customers More Efficiently

Date 07/02/2018

The Monetary Authority of Singapore (MAS) has issued new guidance to financial institutions (FIs) on the use of innovative technology solutions to facilitate safe, non-face-to-face customer on-boarding.

Hong Kong's Securities And Futures Commission: Court Of Final Appeal To Hear Moody’s Case

Date 07/02/2018

The Court of Final Appeal today granted leave to Moody’s Investors Service Hong Kong Limited’s (Moody’s) to take the case to the Court of Final Appeal in the matter of the Securities and Futures Commission’s (SFC) disciplinary action in relation to a special comment report it published in 2011 (the Report).

Pentalateral Cooperation To Create A New Power Exchange For Central And South Eastern Europe - EMS, EPEX SPOT, HUPX, MAVIR And SEEPEX Sign Memorandum Of Understanding To Establish Strong Regional Power Spot Player

Date 07/02/2018

ELEKTROMREŽA SRBIJE (EMS), the European Power Exchange EPEX SPOT, the Hungarian Power Exchange HUPX, the Hungarian Independent Transmission Operator Company MAVIR and the South East European Power Exchange SEEPEX have signed a Memorandum of Understanding (MoU) which foresees the creation of a strong cross-regional power exchange in the Central and South Eastern European region.

HKEX To Proceed With Plan To Include Equity Index Options In Its After-Hours Derivatives Trading

Date 07/02/2018

SGX Reports Market Statistics For January 2018

Date 07/02/2018

Securities

• Total Securities market turnover value was at S$29.4 billion, up 53% month-on-month (m-o-m) and up 40% year-on-year (y-o-y), over 22 trading days. There were 20 trading days in December 2017 and 20 in January 2017.
• Securities daily average value (SDAV) was S$1.3 billion, up 39% m-o-m and up 28% y-o-y.
• Market turnover value of Exchange Traded Funds (ETFs) was S$253 million, up 27% m-o-m and down 13% y-o-y.
• Market turnover value of structured warrants and Daily Leveraged Certificates (DLCs) was S$1.4 billion, up 61% m-o-m and up 46% y-o-y.
• There were 2 new Catalist listings during the month, raising S$32.2 million.
• There were 59 new bond listings, raising S$25.1 billion.
• Total market capitalisation value of 749 listed companies stood at S$1.1 trillion as at end-January 2018.

Hong Kong's Securities And Futures Commission: Court Orders Qunxing And Former Directors To Compensate Investors Over Disclosure Of False Or Misleading Information

Date 07/02/2018

The Court of First Instance (CFI) has granted orders sought by the Securities and Futures Commission (SFC) in its proceedings against Qunxing Paper Holdings Company Limited (Qunxing), its former chairman and vice-chairman – Mr Zhu Yu Guo and his son, Mr Zhu Mo Qun – as well as its subsidiary Best Known Group Limited, (collectively the defendants) to compensate investors who subscribed for Qunxing shares in its initial public offering or purchased them in the secondary market between 2007 and 2011.

ASIC: Charges Laid Against Former FX Trader

Date 07/02/2018

Former Deutsche Bank FX options and futures trader, Andrew Donaldson, of Bronte NSW, has been charged with 85 offences under s184(2) of the Corporations Act 2001 in respect of using his position as an employee dishonestly with the intention of directly or indirectly gaining an advantage for himself. Mr Donaldson's charges were first listed before Sydney's Downing Centre Local Court on 6 February 2018.

Dalian Commodity Exchange: Iron Ore Futures Approved To Be A Specified Futures Product For Internationalization

Date 07/02/2018

The China Securities Regulatory Commission (CSRC) organized a regular press conference on February 2. At the conference, it approved iron ore futures of Dalian Commodity Exchange (DCE) as a specified domestic futures product to allow  foreign participation.This marks the beginning of the count down to the opening up of this futures market.

Shanghai Stock Exchange Holds Briefing On Listed Companies’ Cash Dividend Distribution

Date 07/02/2018

The Shanghai Stock Exchange (SSE) organized 5 listed companies, Yang Quan Coal Industry (Group) Co., Ltd., Harbin Dongan Auto Engine Co., Ltd., Aucma Company Limited, Xi'an Typical Industries Co., Ltd. and Luenmei Quantum Co., Ltd. for a briefing on cash dividend distribution at the trading hall on the afternoon of February 5. Over 50 persons attended the briefing, including persons in charge of these 5 companies, reporters of Xinhuanet.com, CCTV Finance & Economics, Shanghai Securities News and other media, well-known industry analysts, representatives of institutional investors and small-and-medium investors, and representatives of the Investment Service Center. Xinhuanet.com, CCTV Finance & Economics and SSE Roadshow Center made live broadcast of the briefing.