News Centre

FTSE4Good Bursa Malaysia June 2023 Semi-Annual Review

Date 08/06/2023

• 8 new inclusions and 7 deletions from the FTSE4Good Bursa Malaysia Index
• 6 new inclusions and 7 deletions from the FTSE4Good Bursa Malaysia Shariah Index

Compliance - The Reglex Perspective: The Perils And Possibilities Of Governance And Enforcement For Blockchains And DAOs

Date 08/06/2023

As the world of digital assets continues to evolve, the unique challenges posed by blockchain governance and enforcement have become increasingly clear. From distributed autonomous organizations (DAOs) to public blockchains, effective governance and enforcement are critical for ensuring that users can safely interact with these new platforms. Compliance officers must be aware of the potential pitfalls that can arise from attempting to govern or enforce rules in this space due their unique characteristics. In this episode, we explore some of these issues and how best to mitigate them.

London Stock Exchange Group PLC Transaction In Own Shares

Date 08/06/2023

London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 6^79/86 pence each on the London Stock Exchange through its corporate stockbroker Citigroup Global Markets Limited (Citi) as part of the third tranche of its share buyback programme, as announced on 20 March 2023:

HFRI 500 Mixed In May As Financials, Energy Fall - Technology Surges - Interest Rate Sensitive Relative Value Arbitrage Leads May Strategy Performance - Technology, Shareholder Activist Lead Sub-Strategy Gains

Date 08/06/2023

Hedge funds posted mixed performance in May as banking volatility evolved throughout the month following the closure and acquisition of First Republic Bank by J.P. Morgan. Financials and Energy declined for the month though Technology and AI surged through May-end and into June. The HFRI 500 Fund Weighted Composite Index declined -0.2 percent (estimated) in May as managers navigated banking, energy and (primarily positive) technology volatility with performance led by Relative Value Arbitrage and Macro strategies.

Shanghai Futures Exchange: Notice On Investigation And Penalties For Violations Of Relevant Rules And Regulations In May 2023

Date 08/06/2023

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. 

Tokyo Financial Exchange Change Of President And CEO

Date 08/06/2023

Tokyo Financial Exchange (TFX) hereby announces that the board of directors decided today the following change of President & CEO. This change is subject to the final approval at the ordinary general meeting of shareholders scheduled for June 26, 2023 and the board of directors’ meeting to be held thereafter.

Monetary Authority Of Singapore To Set Expectations On Credible Transition Planning By Financial Institutions

Date 08/06/2023

The Monetary Authority of Singapore (MAS) announced today that it will set supervisory expectations to steer financial institutions’ transition planning processes to facilitate credible decarbonisation efforts by their clients.

ASIC Consults On Remaking ‘Sunsetting’ Class Orders On Unit Pricing Discretions For Managed Investment Schemes

Date 08/06/2023

ASIC is seeking feedback on proposals to remake managed investment scheme unit pricing class orders that are due to expire (‘sunset’) on 1 October 2023. The proposals relate to the following class orders:

New Zealand Financial Markets Authority Files Proceedings Against AA Insurance For Alleged Fair Dealing Breaches

Date 08/06/2023

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - has filed civil proceedings against AA Insurance Limited (AAI) for failing to apply multi policy and membership discounts, as well as guaranteed no claims bonuses to eligible customers’ premiums, resulting in $11.12 million in overcharges.

Japan Financial Services Agency: Excerpts Of The Presidency Press Conference Following The G7 Finance Ministers And Central Bank Governors’ Meeting (G7 Finance Ministers And Central Bank Governors Meeting, Washington D.C.)

Date 08/06/2023

On April 12, SUZUKI Shunichi, Minister of Finance and Minister of State for Financial Services; UEDA Kazuo, Governor of the Bank of Japan; and KANDA Masato, Vice-Minister of Finance for International Affairs gave a presidency press conference following the G7 Finance Ministers and Central Bank Governors’ Meeting, with Japanese-English simultaneous interpretation provided. The following are excerpts from the conference: