News Centre

FCA's Consumer Duty Comes Into Force Today - Comments From Provenir

Date 31/07/2023

Chris Kneen, Managing Director of UK & Ireland at Provenir said:

“As the nation grapples with a living crisis and rising inflation, the introduction of Consumer Duty comes at a crucial time."

Aarna Capital Chooses EDB’s Digital Banking Solutions

Date 31/07/2023

European Depositary Bank (“EDB”), the Luxembourg-headquartered provider of banking, depositary and custody solutions, today announces its appointment by Aarna Capital Limited to deliver Digital Banking solutions.

Bursa Malaysia Announces RM132.4 Million Profit After Tax, Zakat And Minority Interest For The First Half Of 2023 - Declares Interim Dividend Of 15 Sen Per Share

Date 31/07/2023

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) announced a Profit After Tax, Zakat and Minority Interest (“PATAMI”) of RM132.4 million for the first half of the year ended 30 June 2023 (“1H2023”). This represents a 3.9% growth from the RM127.4 million PATAMI recorded against the corresponding period of the previous year ended 30 June 2022 (“1H2022”). The increase is attributed to a decline in operating expenses of 8.5% to RM131.1 million in 1H2023 from RM143.2 million in 1H2022, mainly due to a one-off reversal of provision.

EGX Emphasizes The Importance Of Simultaneous Bilingual Disclosures Of Listed Companies

Date 31/07/2023

Memorandum Of Strategic Cooperation Signed By Shenzhen Stock Exchange And China Everbright Bank In Pursuit Of Sci-Tech Self-Reliance And Self-Strengthening At Higher Levels

Date 31/07/2023

On July 28, Shenzhen Stock Exchange (SZSE) and China Everbright Bank Co., Ltd. (CEB) signed a Memorandum of Strategic Cooperation in Shenzhen. Sha Yan, the President & CEO of SZSE, and Wang Zhiheng, the President of CEB attended the signing ceremony.

CFFEX Launches Support Program To Promote Participation Of Mid- And Long-Term Institutional Investors

Date 31/07/2023

On July 28, 2023, China Financial Futures Exchange (CFFEX) announced the launch of Changfeng Program 2023, a support program to promote the participation of mid- and long-term institutional investors, on August 1, 2023. The Changfeng Program aims to form synergy in promoting the participation of institutional investors, especially mid- and long-term investors including mutual funds, insurers, pension funds, annuities, etc., in the financial futures market in a bid to better serve national strategies and the real economy.

Carbon Management Event At “Shenzhen Stock Exchange Chuangxianghui” To Help Enterprises Achieve Sustainable Development Through Green And Low-Carbon Transformation

Date 31/07/2023

On July 28, Shenzhen Stock Exchange (“SZSE”) held the “Chuangxianghui” Carbon Management Event, inviting more than 20 participants to jointly discuss the road of green sustainable development in China under the new situation and the capital market's support for green and low-carbon transformation of traditional enterprises. The participants include persons in charge of listed companies having rich experience in promoting industrial structure adjustment and optimization and accelerating the green transformation of development mode such as Shanxi Coking Coal, RSPC, SF Holding and CR Sanjiu, people taking charge of typical enterprises in the R&D and application industry of energy saving and carbon reduction technology, representatives of the listed and pre-IPO companies in related fields, and experts from carbon finance services institutions. All parties involved actively participated in and unanimously recognized the event.

Japan Financial Services Agency: "The Third Report By The Expert Panel On Sustainable Finance" Announced

Date 31/07/2023

On 18th June, 2021, the Expert Panel on Sustainable Finance (EPSF) (chaired by Takeshi Mizuguchi, President of Takasaki City University of Economics) published the "Report by the Expert Panel on Sustainable Finance: Building A Financial System that Supports a Sustainable Society" (the First Report), which outlines various measures to promote sustainable finance in financial administration.
 

Monetary Authority Of Singapore To Strengthen Defence Against Money Laundering Risks In Single Family Offices

Date 31/07/2023

The Monetary Authority of Singapore (MAS) today launched a public consultation on a revised framework to strengthen surveillance and defence against money laundering (ML) risks in Singapore’s Single Family Office (SFO) sector. The revised framework will introduce a harmonised class exemption for SFOs with specific requirements to ensure that all SFOs are subject to anti-money laundering controls.  

Japan Financial Services Agency: Invitation For Public Comments Regarding “Draft Basic Guidelines On Impact Investment”

Date 31/07/2023

1. Purpose, Objectives and Background

 The Working Group on Impact Investment(chaired by Noriyuki Yanagawa, Professor, Graduate School of Economics, The University of Tokyo), established in October 2022, has extensively discussed roles of "impact investment", which aims to realize both of social or environmental impacts and financial returns, as well as measures for dissemination on a total of eight occasions.