News Centre

SGX RegCo Enhances Rules On Auditors, Valuers And Valuation Reports

Date 12/01/2021

Singapore Exchange Regulation (SGX RegCo) will enhance requirements on auditors and valuers in their dealings with listed companies, and standards governing valuation reports. 

Japan Financial Services Agency: Finalization Of Cabinet Office Order To Partially Amend Cabinet Office Order On Financial Instruments Business, Etc., The Ordinance To Partially Amend The Ordinance On Financial Services Providers’ Deposit For Operation And Regulatory Notices

Date 12/01/2021

１．Result of the Public Consultation

The Financial Services Agency (“FSA”) published the following proposals for public consultation between November 6 and December 7, 2020.

• The Cabinet Office Order to partially amend Cabinet Office Order on Financial Instruments Business, etc.
• The Ordinance to partially amend the Ordinance on Financial Services Providers’ Deposit for Operation, and
• Regulatory Notices

FTSE Mondo Visione Exchanges Index Up 7.2 % In December, Up 8.9% In Q4 2020, Up 17.1% In 2020, Closing All-Time High Set On Last Trading Day Of Year

Date 11/01/2021

In a tumultuous year dominated by the coronavirus pandemic, financial markets have seen a return to the kind of volatility last seen a decade earlier in the financial crisis. No matter how well they are managed, exchanges are still sensitive with respect to the direction of the market. One way to view them is as a call on the next bull market – they remain profitable in a bear market and could become interesting money machines in the next upturn.

CFTC General Counsel Dan Davis To Depart Agency On January 15

Date 11/01/2021

The Commodity Futures Trading Commission today announced that Daniel J. Davis, the CFTC’s General Counsel and head of the Legal Division, will depart the agency on January 15, 2021 for a role in the private sector. Mr. Davis has served as General Counsel since joining the agency in March 2017.

British Columbia Securities Commission Launches Campaign To Foster People’s Confidence In Investing

Date 11/01/2021

The British Columbia Securities Commission (BCSC) is trying to dispel anxiety about investing through ads highlighting the humorous lengths people will go to avoid the topic.

Bermuda Stock Exchange Reports Record-Breaking Success For 2020 - Miami International Holdings Completes Acquisition Of BSX, Creating Opportunity And Promise For Bermuda’s Domestic Capital Market

Date 11/01/2021

Highlights:

• Miami International Holdings, Inc. (MIH) acquires 100% ownership in the Exchange 
• BSX demonstrates resilience in response to COVID-19 pandemic 
• Another record-setting year for ILS listings 
• Exchange upholds its commitment to the continuing development of Bermuda’s domestic capital market

Moscow Exchange: Risk Parameters Change For The Security GM-RM

Date 11/01/2021

As per the Securities market risk parameters methodology, on 11.01.2021, 22-27 (MSK) the upper bound of the price band (up to 3538) and initial margins (up to 20 %) for the security GM-RM were changed. New values are available here

Market Commentary On Bitcoin By Paolo Ardoino, CTO Bitfinex

Date 11/01/2021

Commenting on the recent Bitcoin price trends, Paolo Ardoino, CTO at Bitfinex said:

"We’ve seen a correction after a recent epic run for bitcoin. As an exchange that has processed US$3 billion of spot and margin trading volume over the past 24 hours, Bitfinex has once again excelled. As cryptocurrency emerges as an established asset it is vital for exchanges to have the necessary bandwidth and infrastructure to manage such episodes of extreme volatility."

Federal Reserve Board Announces Reserve Bank Income And Expense Data And Transfers To The Treasury For 2020

Date 11/01/2021

The Federal Reserve Board on Monday announced preliminary results indicating that the Reserve Banks provided for payments of approximately $88.5 billion of their estimated 2020 net income to the U.S. Treasury. The 2020 audited Reserve Bank financial statements are expected to be published in March and may include adjustments to these preliminary unaudited results.

Responsible Openness: The PRA’s Approach To Supervising Banks - Speech By David Bailey, Executive Director, Financial Market Infrastructure, Bank Of England Hosted Webinar

Date 11/01/2021

Overview

David Bailey sets out the Prudential Regulation Authority’s approach to supervising international banks.

He says the regulator is open to international banks operating in the UK as they promote economic dynamism. But they will face the same robust regulation as the other financial service firms we regulate.