News Centre

Seadrill Transfers To Oslo Børs’ Main Market

Date 17/11/2022

• 12th transfer on Oslo Børs in 2022

• Brings the number of companies on the main market up to 214

• Market capitalisation of approximately NOK 16.3 billion

Kaizen Reporting Wins Best Solution For CFTC Reporting For Second Year In A Row

Date 17/11/2022

Leading regulatory technology firm, Kaizen Reporting (Kaizen), has won 'Best Reporting Solution for CFTC Reporting' at the RegTech Insight Awards USA 2022 for its ReportShield™ Accuracy Testing service. This is the second consecutive year that Kaizen has won the award, and comes less than a month before the CFTC’s overhaul of the OTC swap data reporting rules, known as the CFTC ReWrite, goes live.

AIX Leverages Exactpro’s Kubernetes-Based Testing Framework For Cloud-Native Repo Market

Date 17/11/2022

Exactpro, a leading software testing services provider for mission-critical financial market infrastructures, announces the successful completion of testing of the Repurchase Agreement (“Repo”) Market (“Market”) recently launched by the Astana International Exchange (“AIX”, “Exchange”).

Borsa Istanbul: Trading Principles Of Commodity Certificates To Be Traded In The Equity Market

Date 17/11/2022

Please click for the announcement regarding trading principles of commodity certificates to be traded in the Equity Market.

Amman Stock Exchange: Educational Lecture In Yarmouk University

Date 17/11/2022

The Amman Stock Exchange (ASE) represented by the CEO of the ASE Mr. Mazen Wathafi held a lecture at Yarmouk University entitled "Developments in the Jordanian capital market in light of the successive global crises", organized by the University's faculty of business, in the presence of the President of Yarmouk University, Prof. Dr. Islam Masad, Dean of faculty of business, Professor Michel Swidan, and the Director of the Communication and Media Department of the ASE, Mr. Amjad Al-Qudah, and a number of faculty Members and administrative staff and university students.

CHESS Replacement – ASX Reassessing - Financial Derecognition

Date 17/11/2022

Key points

• ASX will reassess all aspects of the CHESS replacement project following completion of an independent review, conducted by Accenture, and its own internal assessment. 
• The independent report identifies significant challenges with the solution design and its ability to meet ASX’s requirements. 
• Current activities on the project have been paused while ASX revisits the solution design. 
• Current CHESS remains secure and stable, and is performing well. ASX will continue to invest in its capacity and resilience. 
• The CHESS replacement capitalised software will be derecognised in light of the solution uncertainty, resulting in a charge of $245-255 million pre-tax ($172-179 million after tax) in 1H23. This will have no impact on dividends. 
• A Project Director with extensive technology transformation experience has been appointed for the next phase of the CHESS replacement project. 
• ASX remains committed to providing the best long-term clearing and settlement solution for the Australian financial market.

ASIC-RBA Joint Statement On ASX CHESS Replacement Program

Date 17/11/2022

ASIC and the Reserve Bank of Australia (RBA) (the regulators) note ASX’s announcement on the CHESS Replacement program. ASX’s announcement marks a significant setback to the replacement of critical national infrastructure for Australia’s cash equity markets and now brings into sharp focus the longevity of the existing CHESS platform.

Singapore Police Force, Monetary Authority Of Singapore, Singapore Accounting And Corporate Regulatory Authority: Former CEO, CFO And Independent Directors Of Hyflux Ltd Charged With Offences Under The Securities And Futures Act And The Companies Act

Date 17/11/2022

The former Chief Executive Officer of Hyflux Ltd (Hyflux), Ms Lum Ooi Lin, its former Chief Financial Officer, Mr Cho Wee Peng, and four independent directors of Hyflux at the material time were charged in court today for disclosure-related offences under the Securities and Futures Act (SFA). Ms Lum was further charged with an offence under the Companies Act (CA) for her failure in ensuring Hyflux’s compliance with accounting standards. 

SGX Group Welcomes eBest Investment & Securities Co. Ltd. As Derivatives Trading Member

Date 17/11/2022

SGX Group is pleased to welcome eBest Investment & Securities Co. Ltd. as a Trading Member of its derivatives market.

Securities Commission Malaysia Wins Insider Trading Civil Suit Against Patimas Computers Berhad Former Executive Director - Dato' Ng Back Heang Ordered To Pay The SC A Total Of RM2.04 Million

Date 17/11/2022

The High Court, on 16 November 2022, found that the Securities Commission Malaysia (SC) had successfully proven its claim in a civil suit against Dato' Ng Back Heang (Ng), a former executive director of Patimas Computers Berhad (Patimas) for insider trading.