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"Singapore - Pushing The ILS Frontier In ASIA" - Welcome Speech By Mr Benny Chey, Assistant Managing Director (Development & International), Monetary Authority Of Singapore, At The 6th Edition Of The Artemis Insurance Linked Securities (ILS) Asia (Virtual) Conference On 9 July 2020

Date 13/07/2020

1   I would like to first thank Steve Evans, Owner and Editor-in-Chief of Artemis for inviting me to say a few words. 

2   The Artemis ILS Asia conference is today the leading platform for the ILS community in Asia to exchange ideas, share valuable insights and experiences, and keep pace with the latest developments in the ILS world. For the past five years, the conference has been a key rallying point for the ILS community in the region to come together each year in Singapore. 

Tokyo Commodity Exchange: Suspension Of Night Session Trading On The Business Day Preceding The Product Transfer Date

Date 13/07/2020

The Tokyo Commodity Exchange, Inc. (“TOCOM”) plans to transfer a part of commodity futures and options products to the Osaka Exchange, Inc. on Monday, July 27, 2020. Due to operational reasons, TOCOM will suspend the night session trading on Wednesday, July 22, 2020 (the clearing period of Monday,　July 27, 2020) in accordance with the Article 8 (Temporary Opening and Closing of Session) of the Market Rules.

Circular Of Shanghai International Energy Exchange On The Delivery Issues Of SC2008

Date 13/07/2020

Shanghai International Energy Exchange has released its Circular on the Delivery Issues of SC2008 as follows:

The last trading day for the crude oil futures contract SC2008 is July 31, 2020, and the delivery dates are from August 3 to August 7, 2020. Accordingly, Shanghai International Energy Exchange (hereinafter referred to as “the Exchange”) hereby notifies issues concerning delivery as follows:

1. In accordance with the Article 142 of the Delivery Rules of Shanghai International Energy Exchange, a natural person as a client shall close out all the positions of SC2008 before the market close on July 21, 2020.

BNP Paribas Asset Management Survey Shows Covid-19 Prompts Rise In Social Considerations Within Investment Decision-Making

Date 13/07/2020

BNP Paribas Asset Management (‘BNPP AM’) reveals key findings of its study on the importance of ESG criteria for investors in the Covid-19 environment:

• ESG has become an even greater focus for 23% of respondents: 81% of respondents already employ ESG in all or part of their portfolios and a further 16% plan to do so
• Clear emergence of the importance of social considerations highlighted by an increase of 20 percentage points since the onset of Covid-19
• 79% of respondents cite social considerations as having a positive impact on long-term investment performance and risk management
• However, there are significant barriers to investing with consideration to social factors: 42% of respondents highlight lack of established standard metrics

Davis Polk & Wardwell And AZB & Partners Top Legal Advisers In Asia-Pacific During H1 2020, Reveals GlobalData

Date 13/07/2020

Davis Polk & Wardwell and AZB & Partners have topped the mergers and acquisitions (M&A) legal advisers league table in the Asia-Pacific (APAC) region during the first half (H1) of 2020, based on deal value and volume, respectively, according to GlobalData, a leading data and analytics company.

UAE Securities And Commodities Authority Chairs The 20th Meeting Of The Committee Of Heads Of The GCC Financial Market Authorities

Date 13/07/2020

• The GCC authorities review SCA’s study on financial inclusion and recommend a joint investor awareness campaign
• The electronic connection experience between ADX and Tadawul was well received by participants
• Issuing uniform investor numbers in the GCC financial markets is considered

Monetary Authority Of Singapore And Temasek: Project Ubin’s Fifth And Final Phase Highlights Commercial Potential, Paving Way Towards Live Adoption

Date 13/07/2020

The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifth and final phase of Project Ubin. The report “Project Ubin Phase 5: Enabling Broad Ecosystem Opportunities   (3.53 MB)”, provides technical insights into the blockchain-based multi-currency payments network prototype that was built and describes how the network could benefit the financial industry and blockchain ecosystem.

Shenzhen Stock Exchange Issues The Announcement On The First Review Meeting Of ChiNext Board Listing Committee

Date 13/07/2020

On July 8, SZSE issued an announcement on the first review meeting of the ChiNext Board Listing Committee (the “Listing Committee”) to review on July 13, 2020 the IPO applications made by Beijing Fengshang Shiji Culture Media Co., Ltd., Contec Medical Systems Co. Ltd. and LD Intelligent Technology Corp., Ltd. as well as the application by Qingdao Tianneng Heavy Industries Co., Ltd. to issue convertible bonds to unspecified investors.

Maktoum bin Mohammed issues Decision appointing Dubai Financial Services Authority Board - Saeb Eigner Reappointed As Chairman Of Board; Fadel Al Ali Appointed As Deputy Chairman

Date 12/07/2020

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of the Dubai International Financial Centre (DIFC), issued a Decision reappointing Saeb Eigner as Chairman of the Dubai Financial Services Authority’s (DFSA) Board of Directors.

UAE Securities And Commodities Authority Discusses With Abu Dhabi Securities Exchange, Dubai Financial Market, And Dubai Gold and Commodities Exchange Proposals To Improve Performance And Introduce New Financial Products To Attract A New Segment Of Investors

Date 12/07/2020

The Securities and Commodities Authority (SCA) held a meeting with the Abu Dhabi Securities Exchange (ADX), the Dubai Financial Market (DFM), and the Dubai Gold and Commodities Exchange (DGCX) chaired by its Chief Executive Officer His Excellency Dr. Obaid Al Zaabi. The virtual meeting discussed matters pertaining to financial market developments and the alignment of SCA’s strategy with those of the ADX, DFM, and DGCX, in addition to proposals that help to raise performance by facilitating listings and the introduction of new financial instruments and products that attract more investors.