News Centre

Get-Together On Industry Growth: Shanghai Stock Exchange STAR Market Annual Report Briefings "Trendy Sci-Tech And Innovation Sector Week" Kicks Off

Date 25/04/2025

To further enhance services to investors, Shanghai Stock Exchange (SSE) STAR Market kicks off "Trendy Sci-tech and Innovation Sector Week" event from April 28 to May 9 amid this year's annual report briefing season. The event is a move to implement the decisions of the 2025 Report on the Work of the Government on cultivating and expanding emerging and future industries in accordance with the requirements of the Eight Measures for Deepening the Reform of the SSE STAR Market to Serve Science and Technology Innovation and the Development of New Quality Productive Forces.

Hong Kong Securities And Futures Commission Obtains Arrest Warrant For Suspected Market Manipulator And Interim Injunction To Freeze His Assets In Hong Kong Up To $3,158,400

Date 25/04/2025

The Eastern Magistrates’ Court has issued a warrant for Mr Liu Shaolin’s arrest, directing that Liu be brought before the Court to answer four charges of false trading in the shares of Pak Wing Group Holdings Limited (Pak Wing).

Japan Financial Services Agency: Publication Of The Partial Amendment To The Designation Of A Country Or Region Under Articles 17-2 And 17-3 Of The Order For Enforcement Of The Act On Prevention Of Transfer Of Criminal Proceeds

Date 25/04/2025

Japan has imposed notification obligations (i.e. travel rule) on Cryptoasset Exchange Service Providers and Electronic Payment Instruments Service Providers (hereinafter collectively referred to as “VASPs”) to submit information on originators and beneficiaries at the time of transfer of cryptoassets (“VAs”)/electronic payment instruments (i.e. stablecoins, “SCs”) to make it possible to track the transaction routes of VAs/SCs.

Fostering Future-Ready Capital Markets In A New Era Of Uncertainty, Keynote Remarks At OSC Dialogue, Ms Julia Leung, Chief Executive Officer, Hong Kong Securities And Futures Commission

Date 25/04/2025

Ladies and gentlemen, it is a pleasure for me to stand before you today and speak about navigating global capital market challenges in a new era of uncertainty.

First of all, it is a truly remarkable experience for me to visit Toronto again after some 15 years, to see for myself the exciting progress the leading Canadian financial centre has made. This also reminds me how much Hong Kong and Ontario markets share in common, much more than many assume. Both are highly developed yet fast-evolving in many critical areas such as Fintech, wealth management and sustainable finance.

Federal Reserve Board Announces The Withdrawal Of Guidance For Banks Related To Their Crypto-Asset And Dollar Token Activities And Related Changes To Its Expectations For These Activities

Date 24/04/2025

The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities. These actions ensure the Board's expectations remain aligned with evolving risks and further support innovation in the banking system.

CFTC Commissioner Kristin N. Johnson: Africa Fintech Summit 2025 Keynote Remarks - Inspiring A World Of Innovation

Date 24/04/2025

It is a privilege to join you today to kick-off the Africa Fintech Summit of 2025. Twice a year this convening serves as one of the largest gatherings of Africa’s Fintech Community—connecting entrepreneurs, investors, and regulators during the International Monetary Fund/World Bank spring meeting week in Washington, DC. and in the fall in Africa. My tremendous thanks to the organizers and hosts. 

The Bank Barometer: Net Profit Of Swedish Banks Continues To Increase

Date 24/04/2025

Swedish banks’ net profit increased by SEK 4 billion in 2024 despite a decrease in net interest income. These are the main conclusions in Finansinspektionen’s report. The report also shows that lending to the public is increasing, as is the percentage of non-performing loans.

BIS: Project Meridian FX Shows Possibility Of Cross-Border Linkages For FX Transactions Between Wholesale Payment Infrastructures

Date 24/04/2025

• Project Meridian FX proves that wholesale payment infrastructures, such as real-time gross settlement (RTGS) systems, can be interoperable via new technologies for FX transactions.
• The joint project between the Bank for International Settlements, Bank of England, Bank of France, Bank of Italy, Deutsche Bundesbank and European Central Bank explored synchronising foreign exchange (FX) transactions.
• It demonstrated that FX transactions could be settled across jurisdictions and different types of infrastructures.

ESMA Assesses The Risks Posed By The Use Of Leverage In The Fund Sector

Date 24/04/2025

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today publishes its annual risk assessment of leveraged alternative investment funds (AIFs) and its first analysis on risks in UCITS using the absolute Value-at-Risk (VaR) approach. Both articles represent ESMA’s work to identify highly leveraged funds in the EU investment sector and assess their potential systemic relevance.

CME Group To Expand Crypto Derivatives Suite With Launch Of XRP Futures

Date 24/04/2025

CME Group, the world's leading derivatives marketplace, today announced plans to launch XRP futures on May 19, pending regulatory review. Market participants will have the choice to trade both a micro-sized contract (2,500 XRP) and a larger-sized contract (50,000 XRP).