News Centre

European Commission Asks For Input On The Implementation Of And First Experience With The European Market Infrastructure Regulation (EMIR)

Date 21/05/2015

The European Commission has today published a questionnaire about the European Market Infrastructure Regulation, or EMIR, which is a centrepiece of the legislation introduced in the wake of the financial crisis in order to render financial markets safer and more stable. EMIR requires standard derivative contracts to be cleared through central counterparties (CCPs) and introduces an obligation to report derivative contracts to trade repositories. The regulation was adopted in 2012, following commitments made by world leaders at the G-20 Pittsburg Summit in 2009. Today'sreview, which is mandated under EMIR (Article 85(1)) will enable the European Commission to take stock of market participants’ experience in implementing the regulation.

HKEx: Stock Exchange Participants' Market Share Report

Date 21/05/2015

Stock Exchange Participants' Market Share Report - Updated:  21/05/2015 

Hong Kong's Securities And Futures Commission Launches New Register Of Cold Shoulder Orders

Date 21/05/2015

The Securities and Futures Commission (SFC) today launched a new public register of cold shoulder orders to facilitate compliance by intermediaries when dealing with clients who are subject to these sanctions.

China Exchanges Services Company Announces Board Change

Date 21/05/2015

China Exchanges Services Company Limited (CESC), a joint venture (JV) of Hong Kong Exchanges and Clearing Limited (HKEx), Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) for the development of financial products and related services, is pleased to announce Xue Jun will join its Board on 1 June 2015.

UK Prudential Regulation Authority - Corporate Governance: Board Responsibilities - CP18/15

Date 21/05/2015

​Background

This consultation paper seeks views on a draft supervisory statement which draws on the Prudential Regulation Authority’s (PRA) regulatory experience to identify some key issues for boards to consider, and to which the PRA pays close attention in the conduct of its supervision. It is not intended to be a comprehensive guide to good corporate governance.

Daiwa Goes Live With Torstone Technology's Inferno In Hong Kong - Inferno Delivers Improved STP, Increased Business Capacity And Cost Savings

Date 21/05/2015

Torstone Technology, a leading provider of securities and derivatives processing software to the global financial markets, and Daiwa Capital Markets Hong Kong (Daiwa HK), the investment banking arm of Daiwa Securities Group, today announced that Daiwa’s multi-asset Hong Kong Agency business has successfully transferred onto Torstone’s post-trade processing platform, Inferno. This represents the latest phase of a long-term collaboration to implement best of breed back-office technology across multiple asset classes at Daiwa HK.

ESMA Publishes Response To Capital Markets Union Green Paper

Date 21/05/2015

The European Securities and Markets Authority (ESMA) has published its response to the European Commission’s Green Paper on Building a Capital Markets Union.

UK’s Financial Conduct Authority Warns Clients Of Three Debt Management Firms To Review Their Debts

Date 21/05/2015

The Financial Conduct Authority (FCA) is warning customers of three debt management firms to check their debt situation with their creditors and find out exactly what they owe. The debt management firms are Sterling Financial Security Limited (Sterling), Haydon Associates Debt Management Consultants Limited (Haydon) and Clear View Finance Limited (Clear View). All three firms are based in Lichfield.  

ESMA Clarifies The Implications Of The Entering Into Force Of The SSM On The Composition Of The CCP Colleges

Date 21/05/2015

The European Securities and Markets Authority (ESMA) has today published an opinion on the composition of the CCP Colleges to clarify which authorities qualify as a college member under Article 18(2)(c) of EMIR following the establishment of the SSM and to resulting voting rights.

Xetra/Börse Frankfurt: New PowerShares Equity Index ETF Launched On Xetra - First ETF For High Dividend, Low Volatility U.S. Companies

Date 21/05/2015

A new equity index fund from the ETF offering issued by PowerShares Global Funds has been tradable on Xetra since Thursday.