News Centre

Hong Kong's Securities And Futures Commission Obtains Disqualification And $84 Million Compensation Orders Against Former Chairman Of First Natural Foods Holdings Limited

Date 20/02/2017

The Securities and Futures Commission (SFC) has obtained disqualification and compensation orders in the Court of First Instance against Mr Yeung Chung Lung, former chairman and executive director of First Natural Foods Holdings Limited (First Natural Foods) over embezzlement of $84 million and provision of false bank statements to auditors (Notes 1, 2 & 3).

World Federation Of Exchanges Responds To FSB Consultation On Continuity Of Access To Critical FMI Services For A Firm In Resolution

Date 20/02/2017

The World Federation of Exchanges (“WFE”), which represents more than 200 market infrastructure providers including exchanges and CCPs, has responded to a consultation from the Financial Stability Board (“FSB”) related to the Continuity of Access to Financial Market Infrastructures (“FMIs”) for a Firm in Resolution. 

Hong Kong's Securities And Futures Commission: Former Investment Firm CEO Convicted Of Unlicensed Dealing

Date 20/02/2017

The Eastern Magistrates’ Court today convicted Mr Chiang Ching Fung, former chief executive officer of Gold Root Global Investments Limited (GRG Investments), of unlicensed dealing in futures contracts in a prosecution by the Securities and Futures Commission (SFC).

ESM Receives €2 Billion Loan Repayment From Greece

Date 20/02/2017

The European Stability Mechanism on Monday received a loan repayment of €2 billion from the Greek government. The repayment was a contractual obligation with the ESM and follows the sale of an asset by one of the banks that took part in the 2015 banking recapitalisation, financed with ESM loans.

2016 Represents A ‘Year Of Firsts’ For Dubai International Financial Centre

Date 20/02/2017

• Ranked number one financial centre in the Middle East, Africa and South Asia region
• Double digit growth in registered firms since 2015
• 1,648 active registered companies, including 447 financial firms
• 305 new companies joined the Centre’s dynamic ecosystem in 2016
• Significant growth from Middle East and European companies looking to access MEASA
• DIFC received a record high of 100 applications for licenses from financial firms
• Continued infrastructure development including launch of Gate Avenue at DIFC

SIX Swiss Exchange Welcomes New Clearing Provider - With EuroCCP, The Swiss Exchange Offers Its Trading Participants An Additional Option Of Choosing Central Counterparties

Date 20/02/2017

SIX Swiss Exchange is enlarging its choice for Clearing Services and welcomes EuroCCP as third Central Counterparty (CCP) for the Swiss market. With the go-live of EuroCCP, the Swiss exchange strengthens its interoperability and caters even better to the needs of its clients. Both existing and potential trading participants benefit from an new option, in addition to SIX x-clear Ltd and LCH Ltd, to select their ideal setup.

Estonian Bank Selects Accuity To Streamline Compliance And Improve Customer Experience - Bigbank AS Using Firco Compliance Link For Financial Crime Screening

Date 20/02/2017

Bigbank AS, one of Estonia’s largest banks, has selected Accuity to streamline its account and payments screening processes and help better identify financial crime risk, highlight potential sanctions breaches and flag potentially high-risk customers and politically exposed people (PEP

ASX: Appendix 4D And ASX Ltd Half-Year Financial Results

Date 20/02/2017

The directors present their report together with the financial statements of ASX Limited (ASX or the Company) and its subsidiaries (together referred to as the Group), for the half-year ended 31 December 2016 and the auditor’s report thereon. The financial statements have been reviewed and approved by the directors on the recommendation of the ASX Audit and Risk Committee.

China Exchanges Services Co. Index Report For January

Date 20/02/2017

Highlights

• CES SCHK100, a Hong Kong blue chip index, outperformed other Mainland and Hong Kong broad base indices by surging 7.6 per cent in the month
• Macau’s gaming revenues rose year on year for the sixth consecutive month. They were up 3.1 per cent while the CES G10 climbed 4.9 per cent
• The RMB’s exchange rate against the US dollar stabilised and bolstered the A-share market. CES A80, which tracks A-share blue chips, rallied 3.6 per cent
• HKEX plans to roll out Mainland government bond futures and more RMB products this year
• HKMA reported RMB deposits shrank 36 per cent in Hong Kong in 2016. The news was followed by more calls for a diversified range of RMB investment products to attract capital
• MSCI warned the inclusion of A shares in its indices may be halted if the Mainland continues capital controls
• The average daily turnover of Mainland A-share index futures traded in Singapore ended the month down 45 per cent year on year, but open interest rose 8.5 per cent from December

Muscat Bank Delegation At Tehran Stock Exchange

Date 20/02/2017

On Sunday 19 February 2016 a delegation from Muscat Bank paid a visit to TSE.