News Centre

Shanghai Futures Exchange: Notice On Investigation And Penalties For Violations Of Relevant Rules And Regulations In February 2024

Date 07/03/2024

Shanghai Futures Exchange (hereinafter referred to as “the Exchange”) has been on continuous efforts in investigating and penalizing violations of relevant rules and regulations, so as to strengthen the risk management of the futures market, regulate the futures trading activities and protect the legitimate rights and interests of futures market participants. 

Hong Kong Securities And Futures Commission CEO Appointed Chair Of IOSCO Asia-Pacific Regional Committee

Date 07/03/2024

The Securities and Futures Commission (SFC) welcomes the appointment of its Chief Executive Officer, Ms Julia Leung, as the Chair of the Asia-Pacific Regional Committee (APRC) of the International Organization of Securities Commissions (IOSCO) (Notes 1 and 2).

ASIC: ASX Pays $1,050,000 Penalty For Order Information Transparency Failure

Date 07/03/2024

ASX Limited has paid a penalty of $1,050,000 following an ASIC investigation into its compliance with the Market Integrity Rules. This is the first time ASIC has issued an infringement notice to a market operator.

Monetary Authority Of Singapore: Former CEO And Directors Of Envysion Wealth Management Pte Ltd Charged With Offences Under The Securities And Futures (Licencing And Conduct Of Business) Regulations, Securities And Futures Act, Financial Advisers Act, And Official Secrets Act

Date 07/03/2024

The former Chief Executive Officer (CEO) of Envysion Wealth Management Pte Ltd (Envysion), currently known as Hui Xun Asset Management Pte Ltd, Ms Shim Wai Han, and its former directors (former Chief Investment Officer, Mr Doo Chun Ki and former Chief Operating Officer and Chief Compliance Officer, Mr Tan Kay Siong) were charged in court today for offences under the Securities and Futures (Licencing and Conduct of Business) Regulations (SF(LCB)R) and the Securities and Futures Act (SFA). Envysion was a holder of a capital markets services licence for fund management and manager of the Envysion Global Investments VCC which established the Envysion Commodity Strategy Fund (Fund).

New Zealand Financial Markets Authority Files Proceedings Against Tower Limited For Alleged Fair Dealing Breaches

Date 07/03/2024

The Financial Markets Authority (FMA) – Te Mana Tātai Hokohoko – has filed civil proceedings against Tower Limited (Tower) for failing to apply multi policy discounts to eligible customers’ premiums, resulting in approximately $9.5 million* in overcharges. 

CFTC Commissioner Johnson To Participate In JFSA Blockchain Roundtable

Date 06/03/2024

CalPERS Applauds Increased Transparency In SEC Climate Disclosure Rule, But Notes More Needs To Be Done

Date 06/03/2024

Marcie Frost, chief executive officer for the California Public Employees’ Retirement System (CalPERS) issued the following statement Wednesday in response to the Securities and Exchange Commission’s Climate Disclosure Rule (PDF). The rule, for which CalPERS provided input and support in 2021 (PDF) and 2022 (PDF), will standardize the information that publicly traded companies disclose about their material climate-related risks.

Nasdaq Chief Financial Officer Sarah Youngwood To Present At The BofA Securities 2024 Information And Business Services Conference

Date 06/03/2024

Nasdaq (Nasdaq: NDAQ) will be presenting at the following conference with a webcast available at Nasdaq’s Investor Relations website: ir.nasdaq.com/events.cfm.

CFTC Commissioner Johnson To Participate In A Panel Discussion On Financial Crimes At DeFi Retreat

Date 06/03/2024

Keeping Up With The Markets: Statement On Rule 605 Adoption, SEC Commissioner Hester M. Peirce, March 6, 2024

Date 06/03/2024

Thank you, Mr. Chair. On balance, the Rule 605 amendments we are voting on today are positive. Over the past quarter-century since Rule 605 first mandated the disclosure of certain order-related information, our markets have changed dramatically. Decimalization, the adoption and implementation of Regulation NMS, the increased speed at which orders are communicated and transactions are executed: All of these have combined to refashion the market in ways very different from the market of Y2K.