News Centre

HKEX Welcomes First Hong Kong/Mainland ETF Cross-Listing

Date 23/10/2020

• First listings of ETFs in Hong Kong and Shenzhen under a new ETF Cross-listing Scheme
• Signing of MOU between HKEX and SZSE to promote the Scheme
• Hong Kong-listed ETF AUM grew to over $300 billion, as at 30 September 2020

AGC, CAD And MAS Take Action Against Goldman Sachs (Singapore) Pte. On 1MDB Bond Offerings - Joint Statement By Attorney-General’s Chambers, Singapore (AGC), Commercial Affairs Department, Singapore Police Force (CAD), Monetary Authority Of Singapore (MAS)

Date 23/10/2020

The Goldman Sachs Group Inc (“GSG”) has entered into a Deferred Prosecution Agreement (“DPA”) with the Department of Justice of the United States of America. The DPA provides for a global resolution, led by the US Department of Justice and discussed with, inter alia, Singapore, of GSG’s role in bond offerings related to 1Malaysia Development Berhad (“1MDB”). As part of the DPA, GSG and its affiliates will pay approximately US$2.3 billion to the US authorities. Goldman Sachs Singapore Pte (“GSSP”) will pay US$122 million to the Singapore Government for its role in the 1MDB bond offerings.

Statement By ASIC Regarding Relocation Payments Made To The Chair, James Shipton And Deputy Chair, Daniel Crennan QC - Statement By James Shipton, ASIC Chair, At The House Of Representatives Standing Committee On Economics, Parliament House, 23 October 2020

Date 23/10/2020

The ASIC 2019-20 Annual Report was tabled in Parliament earlier today.

Monetary Authority of Singapore Bans Kevin Michael Swampillai For Life

Date 23/10/2020

The Monetary Authority of Singapore (MAS) has issued lifetime Prohibition Orders (POs) against Mr Kevin Michael Swampillai, a former representative and Head of the Wealth Management Services Department of BSI Bank Limited, Singapore Branch (BSIS) . These POs were issued at the conclusion of an investigation conducted by the MAS and took effect on 22 October 2020.  

ASIC Annual Report 2019-2020

Date 23/10/2020

ASIC’s Annual Report for the 2019-20 financial year has been tabled today in the Australian Parliament. 

Shenzhen Stock Exchange To Take On The Responsibility As A Trailblazer In The Capital Market And To Promote The High-Level Circulation Of Technology, Capital And The Real Economy - Wang Jianjun, Chairman Of Shenzhen Stock Exchange, Attended The Seventh Western China Hi-Tech Industry And Financial Capital Forum

Date 23/10/2020

From October 20 to 21, the Seventh Western China Hi-tech Industry and Financial Capital Forum was held in Chengdu by the Central Committee of the China National Democratic Construction Association, the Ministry of Science and Technology of the People’s Republic of China, the People’s Government of Sichuan Province and Shenzhen Stock Exchange (SZSE). The topic of the forum for the year is “Integrating Technology and Financial Innovation to Promote High-quality Economic Development”. SZSE has co-hosted this technology and finance connection event seven times running. After years of efforts by all parties, the forum has become an important platform for promoting the connection of industry and finance and promoting technological innovation, and has played an important role in supporting economic transformation and upgrading and in boosting high-quality development. Wang Jianjun, Secretary of the Party Committee and Chairman of SZSE, attended the opening ceremony and delivered a speech.

Dalian Commodity Exchange Solicits Public Opinions On Amendments To The Rules On Introducing Overseas Traders Into RBD Palm Olein Futures

Date 23/10/2020

On October 22, DCE issued an announcement, soliciting opinions from the market on amendments and amended rules on introducing overseas traders into the RBD palm olein futures. The amendments, made to meet the business needs of the endeavor, aim to provide clear rules for overseas traders to participate in RBD palm olein futures trading and delivery, and further offer institutional guarantee for overseas traders engaging in RBD palm olein futures market. The move means a new international product will be added to China’s futures market.

NZX Revenue & Shareholder Metrics - Q3 2020

Date 23/10/2020

Please see attached NZX Revenue & Shareholder Metrics and NZX Regulation Metrics for Q3 2020.

Welcome Remarks By Datuk Syed Zaid Albar, Chairman, Securities Commission Malaysia, Virtual InvestSmart® Fest 2020 (Virtual ISF 2020), 23 October 2020

Date 23/10/2020

Salam Sejahtera, Ladies and Gentlemen

Good morning and welcome to Virtual InvestSmart® Fest 2020.

It is my pleasure to welcome all of you to the seventh instalment of the InvestSmart® Fest, and for the first time it is held virtually... over the next 3 days. I hope the virtual event this year will provide the opportunity… for more Malaysians, from near and far, to be able to participate in this event. And I am told that 40% of the registrants for this year’s InvestSmart Fest are in fact from outside the Klang valley.

ASIC Product Intervention Order Strengthens CFD Protections

Date 22/10/2020

ASIC has made a product intervention order imposing conditions on the issue and distribution of contracts for difference (CFDs) to retail clients.