News Centre

Shenzhen Stock Exchange Signs Strategic Cooperation Framework Agreement With Zhuhai Municipal Government To Serve Zhuhai’s Construction Into Important Portal In Guangdong-Hong Kong-Macao Greater Bay Area

Date 24/09/2020

On September 23, the Shenzhen Stock Exchange (SZSE) signed a strategic cooperation framework agreement with the Zhuhai Municipal People’s Government. Both sides deeply exchanged views on leveraging Zhuhai’s economic development characteristics and industrial features to further provide targeted capital market matchmaking and cultivation services and to jointly facilitate the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. Wang Jianjun, Secretary of SZSE Party Committee and Chairman of SZSE, and Guo Yonghang, Secretary of Zhuhai Municipal Party Committee, attended the signing ceremony and unveiled the nameplate of the Zhuhai Listed Enterprise Association.

Japan Financial Services Agency - Emergency Registration Exemption For Foreign Financial Institutions/Asset Managers - Temporary Relief To Address Overseas Business Disruptions Due To Disaster Or Other Reasons

Date 24/09/2020

On July 22, 2020, the Financial Services Agency of Japan (hereinafter the “FSA”) amended the Cabinet Office Order on Definitions under Article 2 of the Financial Instruments and Exchange Act. This amended order introduced a scheme for foreign financial services providers, including asset management companies to be exempted from registration requirements by obtaining confirmation by the FSA, which enables them to conduct their business operations in Japan for a certain period of time when they have difficulty in continuing their financial instruments business in their home jurisdiction due to disaster or other reasons. The FSA hereby publicizes English versions of related materials as shown in Attachments.

CCP12 - The Global Association Of Central Counterparties – Appoints New Chief Executive Officer

Date 24/09/2020

The Global Association of Central Counterparties (CCP12) today announced that its Executive Committee has appointed Mr. Teo Floor as Chief Executive Officer (CEO), effective 1st of October 2020.

SGX Named Asia-Pacific Derivatives Exchange Of The Year By GlobalCapital For Seventh Consecutive Year

Date 24/09/2020

• SGX demonstrates role as flight-to-quality marketplace amid COVID-19 uncertainties
• Exchange kept its platforms open round-the-clock even during early days of pandemic

New Zealand Financial Markets Authority Reports On Monitoring Of Financial Services Firms And Advisers

Date 24/09/2020

A Financial Markets Authority (FMA) report on its supervision activities over the past 18 months says large parts of the financial services sector are working hard to meet the FMA’s expectations, but called for further and more widespread improvements to governance and compliance.

Hong Kong Securities And Futures Commission Warns Of Investment Scams On Social Media

Date 24/09/2020

The Securities and Futures Commission (SFC) today introduced an official Facebook page with a campaign to warn the public about the increasing use of social media platforms to defraud investors.

ASIC Restricts Certain Retail Offers Of ‘Stub Equity’ In Takeovers To Maintain Investor Protection

Date 24/09/2020

ASIC has modified the Corporations Act to prevent stub equity offers of scrip in a proprietary company being made to large numbers of retail target holders in takeover bids and schemes of arrangement.

Joint Response To "Intergrated Shield Plans (IPs)" - The Straits Times, 24 September 2020 By Monetary Authority Of Singapore And Ministry Of Health

Date 24/09/2020

Dear Editor,
 
IP insurers are subject to regulatory oversight by MOH and MAS

We refer to recent letters and Dr Wong Chiang Yin’s op-ed on Integrated Shield Plans (IPs). Dr Wong raised concerns that Aviva Ltd (Aviva) had removed its IP coverage for medically necessary diagnostic endoscopies and asked if there were gaps in oversight of IP insurers. 

CFTC: Agricultural Advisory Committee Releases Agenda For September 24 Public Meeting

Date 24/09/2020

The Agricultural Advisory Committee (AAC) today released the full agenda for its upcoming public meeting [See CFTC Press Release No. 8236-20] on September 24, 2020, at 2:00 p.m. EDT. The meeting will be conducted via teleconference in accordance with the agency’s implementation of social distancing due to the COVID-19 (coronavirus) pandemic. CFTC Chairman Heath P. Tarbert is the sponsor of the AAC. 

Nadex Product Schedule For The China Holidays On October 1 and 2, 2020

Date 23/09/2020

Due to the China holiday on Thursday, October 1, and Friday, October 2, 2020, the China 50 contracts will have a modified trading schedule.