News Centre

Hong Kong's Securities And Futures Commission Reprimands And Fines BNP Paribas Wealth Management $4 Million

Date 31/08/2016

The Securities and Futures Commission (SFC) has reprimanded and fined BNP Paribas Wealth Management (BNPPWM) $4 million for overcharging its clients between 1 January 2011 and 31 December 2013.

EEX: Trading In Wind Power Futures To Begin In Early October

Date 31/08/2016

The European Energy Exchange (EEX) has announced the launch date for trading in the new Wind Power Futures product. From 4 October 2016 onwards, trading participants on the EEX Derivatives Market will be able to hedge against volume risks in the generation of wind power within the German/Austrian market area.

Abu Dhabi Global Market Issues Public Consultation On Its FinTech Legislative Framework

Date 31/08/2016

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) today issued a public consultation paper inviting public feedback and comments for its proposed legislative framework to  implement and govern the FRSA Regulatory Laboratory (“FSRA RegLab”).   This follows closely from our policy consultation of 10 May 2016 for a FinTech Regulatory Laboratory (RegLab) in ADGM.  Taking into account the significant support and feedback received from the policy consult, the FSRA has formulated the proposed regulatory framework, comprising regulations, rules and guidelines, to introduce the FSRA RegLab that will provide a controlled environment to allow the development and testing of innovative FinTech solutions. 

The Technancial Company And Associates In Capital Markets Join Forces To Address MiFID II Compliance Challenges

Date 31/08/2016

Leading real-time risk management and trade surveillance solutions firm, The Technancial Company (TTC) and London based specialist advisory firm Associates in Capital Markets (ACAPM) today announce a collaborative partnership to address the challenges in MiFID II compliance, especially in the areas of margin management and trade surveillance. MiFID II is a mammoth regulatory exercise aimed at enhancing investor protection and affects financial institutions on a varied scale in Europe and the UK. The collaboration between the two companies is a timely synergy in combining specialist experience and powerful tools for capital markets regulations and compliance.

Evercore Announces Expansion Of M&A Alliance With South Korea's NH Investment & Securities

Date 31/08/2016

Evercore (NYSE: EVR), a leading independent investment banking advisory firm headquartered in New York, USA and NH Investment & Securities ("NH"), the leading South Korea-based investment bank, announced today they have extended their strategic alliance for cross-border M&A advisory services for an additional two year period and expanded it to operate on an exclusive basis between the U.S. and South Korea.  The advisory alliance enables Evercore and NH to continue to capitalize on what we believe to be a positive long term trend driving cross-border M&A activity in Asia. 

Westpac MNI China Consumer Sentiment Indicator Falls To Six-Month Low In August - Expectations For Household Finances At Lowest On Record

Date 31/08/2016

Chinese consumer sentiment edged down in August in a broad based deterioration which saw declining optimism toward personal finances, business conditions and the job market. On a more optimistic note, consumers reported a slight improvement in their willingness to spend on big ticket items. It is worth highlighting that respondents in the Northeast and Southeast of China experienced a noticeable deterioration in August due in part to the recent massive flooding.

JPX Published The JPX Report 2016

Date 31/08/2016

We are glad to inform you of the publication of the JPX Report 2016.
Prepared as part of our efforts toward integrated reporting, the report offers stakeholders and the general public a deeper insight into our corporate philosophy, social raison d'être, and our initiatives toward sustainable corporate development.

Tokyo Commodity Exchange: Changes To The Hallmarks On Deliverable Grades

Date 31/08/2016

The hallmark on the below Deliverable Grade of Precious Metals has been modified :

Commodity: Silver

Producer: Mitsubishi Materials Corporation

Brand name: Mitsubishi Materials Corporation

New Thomson Reuters Mobile App Uses Crowdsourcing To Deliver Commodities Insight

Date 30/08/2016

A mobile crowdsourcing app that allows farmers to share crop data in exchange for market insight is launched today by Thomson Reuters.

U.S. Treasury Releases Joint Fact Sheet On Anti-Money Laundering And Sanctions Enforcement

Date 30/08/2016

Today, the U.S. Department of the Treasury released a Joint Fact Sheet on Foreign Correspondent Banking developed with the Federal Reserve Board, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Office of the Comptroller of the Currency that outlines supervisory and enforcement processes with respect to anti-money laundering and sanctions in the area of correspondent banking.