News Centre

Nasdaq Report Identifies Between $25 Billion And $50 Billion In Potential Efficiency Gains In Banks' Risk And Compliance Functions - The Savings, Which Would Come At Greater Or Equal Effectiveness, Could Generate Up To $1 Trillion In Additional Lending Capacity

Date 22/01/2025

Between $25 billion and $50 billion in potential efficiency gains can be realized through targeted enhancements in banks' Risk and Compliance functions alone without compromising effectiveness, according to a report released by Nasdaq and Boston Consulting Group (BCG). The report, titled “The New Growth Imperative: Cutting through Complexity in the Financial System” reviews the interconnected challenge of complexity and complicatedness and finds that while external complexity continues to increase, excess layers of internal complicatedness have accumulated.

Tokyo Stock Exchange: Results Of The English Disclosure Implementation Status Survey As Of The End Of December 2024

Date 22/01/2025

Tokyo Stock Exchange, Inc. (TSE) has promoted English disclosure by listed companies in order to enhance convenience for overseas investors and enable them to make appropriate investment decisions based on the disclosed information. As part of this effort, since 2019, TSE has been conducting surveys on the English disclosure implementation status of listed companies and providing a list of the results on its website to a wide range of people including overseas investors.

Cheung Kong Graduate School Of Business Professor Wang Neng Receives 2024 CBER-Circle Insight Award For Groundbreaking Research In Blockchain Economics

Date 22/01/2025

Professor WANG Neng, Dean's Distinguished Chair Professor of Finance and Senior Associate Dean at Cheung Kong Graduate School of Business (CKGSB), has been awarded the prestigious 2024 CBER-Circle Insight Award, an award jointly founded by the Crypto and Blockchain Economic Research (CBER) Forum and Circle, a prominent U.S. fintech company, which recognizes one groundbreaking academic study each year for its global impact. This honor highlights the world-class research expertise and significant global impact of CKGSB's faculty.

Closing Remarks By Tan Boon Gin, CEO Of SGX RegCo, At The Audit And Risk Seminar 2025

Date 22/01/2025

Happy New Year. I don’t know how many of you are football fans, but many games are played over the Christmas and New Year period. Every morning when I tried to check the scores, I was struck by how every single headline was about the referee, whether a penalty should have been awarded, or whether a red card should have been given. I was annoyed. I wanted to read about the game, not the referee. This got me thinking about how this applied to market regulation. People want to read about how the market is performing and what companies are doing. That’s why it’s called the Business Times and not the Regulatory Times. What can we do to keep the focus on the play and not the refereeing?

Zhengzhou Commodity Exchange: Notice On Night Trading Session During 2025 Spring Festival Holiday

Date 22/01/2025

According to Notice on Trading Schedule during National Holidays for Year 2025, Zhengzhou Commodity Exchange hereby clarifies the night trading session arrangement during 2025 Spring Festival holiday as follows:

No night trading session will be carried out on the night of January 27, 2025 (Monday). The night trading session will be resumed on the night of February 5, 2025 (Wednesday). The call auction session for all contracts on February 5, 2025 (Wednesday) is from 08:55 a.m. to 09:00 a.m.

Japan Financial Services Agency: Stewardship Code : 333 Institutional Investors Have Signed Up To The Principles For Responsible Institutional Investors As Of December 31, 2024

Date 22/01/2025

The Council of Experts Concerning the Japanese Version of the Stewardship Code published the Principles for Institutional Investors (Japan’s Stewardship Code, hereinafter referred to as "the Code") on February 26, 2014.

Circular Of Shanghai International Energy Exchange On Trading Adjustments For The Spring Festival 2025

Date 22/01/2025

Shanghai International Energy Exchange has released its Circular on Trading Adjustments for the Spring Festival 2025 as follows:

In accordance with the Trading Schedule during National Holidays for Year 2025, Shanghai International Energy Exchange (hereinafter referred to as “INE”) hereby notifies the trading adjustments for the Spring Festival 2025 as follows:

Acting CFTC Chairman Pham: Time For CFTC To Get Back To Basics

Date 21/01/2025

Commodity Futures Trading Commission Acting Chairman Caroline D. Pham today made the following statement:

“I’m humbled and grateful to be entrusted by President Trump to lead the CFTC as we approach a significant milestone in our history with tremendous opportunities ahead,” Pham said. “For the past half century, the CFTC has proudly served our mission to promote market integrity and liquidity in the commodity derivatives markets that are critical to the real economy and global trade—ensuring American growers, producers, merchants and other commercial end-users can mitigate risks to their business and support strong U.S. economic growth. As the CFTC celebrates our 50th anniversary, we must also refocus and change direction with new leadership to fulfill our statutory mandate to promote responsible innovation and fair competition in our markets that have continually evolved over the decades. It’s time for the CFTC to get back to the basics.

Stanbic IBTC's N148.7bn Rights Issue Launches On NGX Invest

Date 21/01/2025

The Nigerian Exchange’s (NGX) e-offering platform, NGX Invest, continues to revolutionize capital-raising in Nigeria with the addition of Stanbic IBTC Holdings Plc’s N148.7 billion rights issue. Presented at the Facts Behind the Rights Issue event, the Rights Issue, which has been open since January 15 and will close on February 21, 2025, highlights the growing adoption of NGX Invest, a platform designed to streamline capital raising and enhance investor participation.

CFTC Swaps Report Update

Date 21/01/2025

CFTC's Weekly Swaps Report has been updated, and is now available: http://www.cftc.gov/MarketReports/SwapsReports/index.htm.