News Centre

Bursa Malaysia Securities Publicly Reprimands Rev Asia Berhad For Breach Of Ace Market Listing Requirements

Date 18/12/2014

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded REV Asia Berhad (REV) (formerly known as CATCHA Media Berhad) for breaching Rule 9.16(1)(a) of the Bursa Malaysia Securities ACE Market Listing Requirements (ACE LR) for failing to ensure  the accuracy of its quarterly reports announced to the market. The quarterly reports were for financial period ended 31 March 2013 (1st QR 2013), 30 June 2013 (2nd QR 2013), 30 September 2013 (3rd QR 2013) and 31 December 2013 (4th QR 2013) which were announced on 30 May 2013, 30 August 2013, 28 November 2013 and 28 February 2014 respectively.

STOXX Licenses STOXX Global 1800 Travel & Leisure Index To Daiwa Securities

Date 18/12/2014

STOXX Limited, a leading provider of innovative, tradable and global index concepts, has licensed the STOXX Global 1800 Travel & Leisure Index to Japan’s Daiwa Asset Management Co. Ltd. for an active, non-listed mutual fund. Daiwa licensed the USD gross return version of the index.

EEX To Launch Fertiliser Contracts In January 2015

Date 18/12/2014

The European Energy Exchange (EEX), in cooperation with Cleartrade Exchange (CLTX) will launch an extension to its Trade Registration services for fertiliser contracts on 6 January 2015.

ACER Invites Third Parties To Send Observations On The Lithuania-Poland Electricity Interconnection Project

Date 18/12/2014

ACER published today a notice on the Lithuania-Poland Electricity Interconnection Project (LitPol), inviting third parties to send any observations they may have on this subject by 9 January 2015.

HKEx Stock Exchange Participants' Market Share Report

Date 18/12/2014

Debt Management Firm Harrington Brooks To Pay Redress To 4,500 Customers, Says UK Financial Conduct Authority

Date 18/12/2014

The Financial Conduct Authority (FCA) has announced that debt management firm Harrington Brooks will voluntarily pay over £185,000 in redress to over 4,500 customers after communications from the firm to creditors on customers’ behalf were delayed.

Clearstream Appoints Standard Chartered Bank To Service Middle Eastern Currencies - Standard Chartered Bank Will Act As Clearstream’s Cash Correspondent Bank For Emirati Dirham, Bahraini Dinar And Omani Rial - Omani Rial Will Be Eligible For Settlement For The First Time At Clearstream - Berthold Kracke: Committed To Help Customers Benefit From Economic Growth In The Middle East

Date 18/12/2014

Clearstream has confirmed the appointment of Standard Chartered Bank as Cash Correspondent Bank (CCB) for Middle Eastern currencies. The bank will start to service transactions for Clearstream in Emirati Dirham, Bahraini Dinar and Omani Rial in the second quarter of 2015. This appointment of Standard Chartered Bank enables Clearstream to expand the range of its eligible settlement currencies to the Omani Rial.

Second Hong Kong's Securities And Futures Commission Mystery Shopping Programme Identifies Deficiencies In Selling Practices

Date 18/12/2014

The Securities and Futures Commission (SFC) today released the findings of its second mystery shopping programme. The findings demonstrate that licensed corporations must do more to improve compliance with the selling practices requirements (Note 1). A total of 150 samples were conducted in relation to 10 licensed corporations, including fund management, investment advisory and brokerage firms.

ESMA: Investment-Based Crowdfunding Needs EU-Wide Common Approach

Date 18/12/2014

The European Securities and Markets Authority (ESMA) has published an Opinion along with an Advice on Investment-based crowdfunding. The Opinion clarifies the EU rules applicable to crowdfunding, while the Advice highlights issues for consideration by the EU institutions to achieve greater regulatory and supervisory convergence within the EU.

CME Group Announces The Launch Of A Suite Of European Natural Gas Contracts On CME Europe

Date 18/12/2014

CME Group, the world's leading and most diverse derivatives market place, announced today the launch of the first suite of physically and financially settled European natural gas cleared futures contracts. The contracts will be listed on CME Group'sEuropean exchange, CME Europe for first trade date on 19 January, 2015 and are authorised and approved by the United Kingdom (UK) Financial Conduct Authority.