News Centre

Japan Financial Services Agency: Summary Of The Result Of The International Roundtable On Understanding Credibility Of Transition Plan

Date 29/02/2024

Recognizing global momentum of financial institutions developing their transition plans towards net-zero or low carbon society, the Financial Services Agency (FSA) held a virtual roundtable, “International Roundtable on Understanding Credibility of Transition Plan” on November 6 and 10, 2023. The roundtable intended to promote financial supervisors’ better understanding on the way  to prevent greenwashing and the relationship between transition planning/plans and risks and opportunities of financial institutions.

HKEX Releases 2023 Full Year Results

Date 29/02/2024

Nicolas Aguzin, Chief Executive Officer said:

“HKEX delivered a strong set of 2023 full-year results, fuelled by notable growth in its derivatives, fixed-income and currencies business. ”

Shanghai Gold Exchange: Notice On Adjusting Margin Rate And Price Limit Of Certain Contracts

Date 29/02/2024

In accordance with the relevant provisions of the "Measures for the Administration of Risk Control of Shanghai Gold Exchange," SGE will adjust the margin rates and price limit for gold and silver deferred contracts, and the margin for performance-guarantee price asking  contracts.

HKEX Welcomes Its First Listings Of Covered Call ETFs

Date 29/02/2024

• The new Covered Call ETFs are first of their kind in Hong Kong
• ADT of ETP market reached all-time high at $14 billion in 2023, up 17 per cent year-on-year

Intercontinental Exchange, Inc. Announces Expiration Of Consent Solicitation And Receipt Of Requisite Consents Relating To Black Knight InfoServ, LLC’s Outstanding 3.625% Senior Notes Due 2028

Date 29/02/2024

Intercontinental Exchange, Inc. (NYSE: ICE) (“ICE”) announced today the expiration and results of the previously announced consent solicitation (the “Consent Solicitation”) made by ICE with respect to the 3.625% Senior Notes due 2028 (CUSIP Nos. 092174AA9 (144A) and U0921BAA6 (Reg S)) (the “BK Notes”) issued by Black Knight InfoServ, LLC, a wholly owned subsidiary of ICE, to amend the terms of the BK Notes and the related indenture under which they were issued (the “BK Indenture”)

New York State Department Of Financial Services Superintendent Adrienne A. Harris Secures Commitment From Gemini Trust Company, LLC To Return At Least $1.1 Billion To Earn Program Customers - Gemini Failed To Prevent Harm Suffered By Earn Program Customers From Alleged Fraud By An Unregulated Third-Party - Gemini Will Also Pay A $37 Million Penalty For Multiple Compliance Failures

Date 28/02/2024

New York State Department of Financial Services (“DFS” or the “Department”) Superintendent Adrienne A. Harris announced today that Gemini Trust Company, LLC (“Gemini”) has committed to return at least $1.1 billion to Gemini Earn Program (“Earn”) customers through the Genesis Global Capital, LLC (“GGC”) bankruptcy proceeding. In furtherance of that commitment, Gemini will contribute $40 million to the GGC bankruptcy for the benefit of Earn customers in coordination with the Bankruptcy Court. Gemini will also pay a $37 million fine to DFS for significant failures that threatened the safety and soundness of the company. 

U.S. Chamber, Canadian Chamber, AmCham Canada Joint Statement On Canada’s Digital Services Tax Act - Business Groups Decry Canada Unilaterally Imposing A Retroactive And Discriminatory Digital Services Tax

Date 28/02/2024

The American Chamber of Commerce in Canada, the Canadian Chamber of Commerce, and the U.S. Chamber of Commerce jointly issued the following statement as the House of Commons Standing Committee on Finance prepares to consider the Digital Services Tax Act:

CFTC Chairman Behnam To Testify Before The House Committee On Agriculture

Date 28/02/2024

CFTC Chairman Behnam To Deliver A Keynote Address And Participate In A Fireside Chat At FIA Boca 2024

Date 28/02/2024

Theme And Speaker Lineup Unveiled For Ontario Securities Commission Dialogue 2024

Date 28/02/2024

The Ontario Securities Commission (OSC) today announced the list of speakers and theme for OSC Dialogue 2024: Inviting, thriving and secure capital markets. Aligned with the OSC’s new six-year strategic plan, the event will take placeon May 22, 2024, at the Metro Toronto Convention Centre.