News Centre

Moscow Exchange Launches Trading In Foreign Stocks

Date 24/08/2020

On 24 August 2020, Moscow Exchange began trading in foreign equities.

New Zealand Financial Markets Authority Releases Report Into Active And Passive Fund Management

Date 24/08/2020

The Financial Markets Authority (FMA) today published an independent report into the passive and active investment management styles used by KiwiSaver providers.

G20: Efforts On Governance Issues In Decentralized Financial Systems: "BGIN" - New Global Network - Japan Financial Services Agency

Date 24/08/2020

Overview
A Decentralized financial system underpinned by blockchain could attain full P2P (Peer to Peer) financial transactions without intermediaries. While such systems can offer a variety of opportunities and benefits, they could also undermine the ability to enforce existing regulations.
As stated in the G20 Osaka Leaders' Declaration under Japan's presidency (June, 2019), a consensus has been reached on the issue of governance of decentralized financial systems based on blockchain technology and the importance of strengthening dialogue with a wide range of stakeholders, including regulatory authorities and engineers.

New Zealand Financial Markets Authority: WorkSafe Guidelines For Financial Services Businesses And Staff Under COVID-19 Alert Level 3

Date 24/08/2020

Financial services businesses and staff who can operate from home must do so. Workplaces may open if the work cannot be done from home and the workplace can operate consistently within public health guidance and ensure the appropriate protections for workers and where applicable customers. If you are unsure about what activities you can undertake, please contact the FMA or RBNZ.

ASIC Update On Compensation For Financial Advice Related Misconduct

Date 24/08/2020

Six of Australia's largest banking and financial services institutions have paid or offered a total of $1.05 billion in compensation, as at 30 June 2020, to customers who suffered loss or detriment because of fees for no service (FFNS) misconduct or non-compliant advice.

Shenzhen Stock Exchange Market Bulletin, August 17, 2020 (Issue 25)

Date 24/08/2020

The CSRC issued Guidelines for Publicly-offered Infrastructure Securities Investment Funds (Trial) on August 7, effective from the date of promulgation. Publicly-offered REITs are defined as an exchange-listed closed-end funds which invest more than 80% of its assets in infrastructure-focused asset-backed securities and distribute to its investors no less than 90% of the revenue generated by the fund manager’s management and operation of the infrastructure. Range of infrastructure is wide in the pilot program which contains utilities, tollway and warehousing and logistics facilities and so on.

Closure Of Bursa Malaysia In Conjunction With National Day 2020

Date 24/08/2020

Bursa Malaysia Berhad and its subsidiaries will be closed on Monday, 31 August 2020 in conjunction with National Day 2020. 

Aurora50 Announces Far-Reaching Agreements With ADGM, ADX, DIFC, DFM And Nasdaq Dubai To Drive Board-Level Gender Balance

Date 24/08/2020

• Significant collaboration between Aurora50 and ADGM, ADX, DIFC, DFM and Nasdaq Dubai to enhance gender diversity on UAE boards.
• Partnership to include support for the first cohort of the ‘20 for 2020’ initiative, a flagship project of Aurora50.

Qatar Stock Exchange - FTSE Global Equity Index Series: September 2020 Semi-Annual Review

Date 23/08/2020

FTSE Russell has announced the results of its September 2020 Semi-Annual Review, the detailed as below:

Update On The Consolidated Audit Trail: Data Security And Implementation Progress - SEC Chairman Jay Clayton, Brett Redfearn Director, SEC Division Of Trading And Markets, Manisha Kimmel, SEC Senior Policy Advisor, Regulatory Reporting, Aug. 21, 2020

Date 21/08/2020

Today, the Commission proposed amendments to the national market system (“NMS”) plan governing the consolidated audit trail (“CAT NMS Plan”). The proposed amendments are designed to enhance data security related to the ongoing development and operations of the consolidated audit trail ("CAT"). In 2016, the Commission approved the CAT NMS Plan prepared by FINRA and the national securities exchanges (collectively, the “SROs”) which included various security requirements.[1] Today’s proposal would take additional steps to reduce cybersecurity risks and is the latest in a series of Commission actions to move the development of the CAT forward and enhance the CAT’s data security standards and posture, including  by reducing the scope of sensitive data collected.