News Centre

UK Financial Conduct Authority Asks Financial Advisers To Review Their Processes In Retirement Income Support

Date 20/03/2024

The Financial Conduct Authority (FCA) has today written to the Chief Executives of financial advice firms asking them to review their processes when providing retirement income advice.

Sterling Trading Tech Readies Broker-Dealers And Clearing Firms For May 28 T+1 Compliance

Date 20/03/2024

Sterling Trading Tech (STT), a leading global provider of technology in order management, risk and margin, and trading, today announced that it is working with brokerages, clearing firms, and market participants to assure their complete compliance with the SEC’s new rule to a T+1 settlement cycle on trades from the current T+2 cycle. The Rule is effective May 28, 2024.

Hong Kong Securities And Futures Commission: Retail Trader Jailed For Securities Fraud Via Illegal Short Selling

Date 20/03/2024

The Eastern Magistrates’ Court today sentenced Ms Christine Yeung Tak Sum, a retail trader, to 18 months of imprisonment following her conviction for securities fraud involving illegal short selling in a prosecution brought by the Securities and Futures Commission (SFC).

SIX Invests In BITA And Expands Indexing And Technology Partnership

Date 20/03/2024

SIX, the global financial information provider, and BITA, a leading provider of indexing technology and services, today announced that SIX has made a strategic investment in BITA to strengthen a series of existing joint projects and accelerate the expansion of SIX’s global benchmark platform. Existing BITA shareholders, ETFS Capital, Volta Ventures and Pamica NV also invested in the round alongside SIX.

Bursa Malaysia Extends Community Support Through Its Rewang Ramadan And IFTAR Perdana Initiatives

Date 20/03/2024

Bursa Malaysia Berhad ("Bursa Malaysia" or the "Exchange") today organised its annual Rewang Ramadan 2024 event at PPR Seri Alam, Kuala Lumpur, as part of its corporate social responsibility (“CSR”) initiative. For the first time, this year’s Rewang Ramadan saw the Exchange's employee volunteers, also known as Bursa VIBE volunteers, joining hands with the residents of public housing project (“PPR”) Seri Alam to prepare and distribute 'Bubur Lambuk' – a traditional dish synonymous with the fasting month. 

"Beyond The Horizon: Unlocking Value In The Future Of Alternative Investments" - Opening Remarks By Ms Gillian Tan, Assistant Managing Director (Development & International) And Chief Sustainability Officer, Monetary Authority Of Singapore, At The Alternative Investment Management Association Singapore Annual Forum 2024 On 20 March 2024

Date 20/03/2024

Thank you for inviting me to speak with you today at the AIMA Singapore Annual Forum. The Forum provides an invaluable opportunity for us to share insights and reflections, and it is good to see many representatives from across the alternatives asset management sector who are present here today.

SGX Securities Welcomes The Listing Of Phillip-China Universal MSCI China A 50 Connect ETF Under SSE-SGX ETF Link

Date 20/03/2024

SGX Securities today welcomed the listing of Phillip-China Universal MSCI China A 50 Connect ETF with assets under management (AUM) of S$69 million. The new product builds on the growing suite of China-focused equity funds offered through the ETF link between SGX Group and Shanghai Stock Exchange (SSE).

Crypto And Digital Assets: Policy, Regulation And Innovation - Address By ASIC Commissioner Alan Kirkland At The “The Brief – Open Forum” As Part Of Blockchain APAC’s Policy Week, 20 March 2024

Date 20/03/2024

Key points 

• ASIC seeks to promote the growth of responsible financial innovation by balancing our approach to enabling innovation with consumer protection and market integrity outcomes.
• We acknowledge the potential benefits of novel financial products and services, or new ways of offering existing products and services – as long as they are developed and distributed with appropriate regard for consumers, investors, and market integrity.
• In ASIC’s view, regulation and enforcement help to foster trust – and trust is essential to every part of the financial system – crypto and decentralised finance included.

Remarks By Loh Boon Chye, CEO, SGX Group At The Listing Ceremony Of Phillip-China Universal MSCI China A50 Connect ETF

Date 20/03/2024

On behalf of SGX Group, a warm welcome to our guests, both local and overseas. Thank you for joining us this morning. Today marks a significant milestone, for Phillip Capital Management, China Universal Asset Management, Shanghai Stock Exchange and for us as well.

Liquidise Launches To Solve Private Company Equity - The New Platform Offers An Exchange-Like Experience For Private Companies To Manage Their Equity, With A Unique Structure That Guarantees Liquidity

Date 20/03/2024

Liquidise, the liquidity platform for private companies, officially launched today having already undertaken three transactions for companies including acclaimed beauty brand Kester Black.