News Centre

BETTER FINANCE Congratulates The Norwegian Consumer Council (Forbrukerrådet) On Its Historic Collective Redress Victory In The Name Of Individual Fund Investors In Europe

Date 03/03/2020

BETTER FINANCE congratulates the Norwegian Consumer Council (NCC) on its historic collective redress victory in the name of individual fund investors in Europe.

Bank Of England Governor Mark Carney's Annual Report For The Treasury Select Committee - Published For The Treasury Select Committee On 3 March 2020

Date 03/03/2020

UK GDP growth was volatile over 2019, largely reflecting the short-term effects of negotiations with the EU. GDP growth was boosted in Q1 by companies building up stocks in order to mitigate the effects of a possible disruptive EU exit on 29 March. For the same reason, some auto firms brought forward their usual summer shutdowns to April. The resulting decline in production weighed on output in Q2, as did the unwind of the effect from stockbuilding. Growth in Q3 was boosted by a rebound in car production, and a small amount of stockbuilding ahead of the October Brexit deadline.

ULTUMUS Opens Us Office In Support Of Rapidly Expanding Business

Date 03/03/2020

ULTUMUS, the specialist ETF and benchmark managed data service company has announced today that they have opened a US office in support of its rapidly growing business in the US and Canada. The office is  headed up by  Fe Zamora, formerly of IHS Markit,  who will be responsible for building out the team and managing US operations.

Manrre Logistics Fund Joins Nasdaq Dubai

Date 03/03/2020

• Move by Dubai-focused fund strengthens its position to capitalize on the regional e-commerce boom
• Link to region’s international exchange comes on the back of robust performance as the fund approaches its third year

Deutsche Börse Cash Market: PIERER Mobility AG New On The Regulated Market Of The Frankfurt Stock Exchange

Date 03/03/2020

The share of PIERER Mobility AG (ISIN: AT0000KTMI02) has been listed in the General Standard of the Frankfurt Stock Exchange since today. The listing on the SIX Swiss Exchange remains unchanged.

Shenzhen Stock Exchange Issues Notice On The Corporate Bond Registration-based System To Be A Forerunner In Steadily Advancing the Reform Of The Securities Issuance System

Date 03/03/2020

On March 1, according to the unified arrangements of the China Securities Regulatory Commission (CSRC), SZSE issued the Notice on Relevant Business Arrangements Concerning the Implementation of the Registration-based System for Publicly Issued Corporate Bonds, which has, ahead of others, laid down the arrangements for the review of the issuance and listing of publicly-issued corporate bonds on SZSE and relevant business under the registration-based system. It’s an important measure adopted by SZSE to implement the new Securities Law, orderly advance the reform of the securities issuance system and better serve the development of the real economy.

ECB Pushes For EU Capital Markets Integration And Development

Date 03/03/2020

• Euro area financial structure moves away from bank dominance as non-bank intermediaries assume greater role
• No broad increase observed in marketable financial instruments
• ECB sees scope for equity to play greater role in firms’ funding
• Development of equity markets could help decarbonise EU economies

SGX RegCo’s Statement On Tee International Limited’s External Investigator’s Report

Date 03/03/2020

Singapore Exchange Regulation (“SGX RegCo”) refers to Tee International Ltd’s 3 March 2020 announcement of findings by external investigator, PricewaterhouseCoopers Risk Services Pte Ltd (“PwC”).

Japan’s Financial Services Agency: Exchange Of Letters On Cooperation In The Area Of Supervision With The Banco Central Do Brasil

Date 03/03/2020

On February 28, 2020, the Financial Services Agency and the Banco Central do Brasil exchanged letters on cooperation in the area of supervision of financial institutions to enhance communication and cooperation in this area through the sharing of information between the two authorities.

Shenzhen Stock Exchange Revises The Guidelines For The Standard Operation Of Listed Companies: “Seamlessly Alignment” With The New Securities Law And Building A “Streamlined And Efficient” System Of Rules

Date 03/03/2020

The new Securities Law officially becomes effective since 1 March 2020, marking the beginning of a new historical development phase of the Chinese securities market. The new Securities Law has provided rule-of-law guarantee for the high-quality development of listed companies and presented new tasks and requirements on the standard operation of listed companies. To do well in aligning with systems and adapting to new regulatory requirements after the New Securities is implemented, further refine the regulatory system of rules for listed companies and consolidate and enhance the institutional foundation for improving the quality of listed companies, SZSE recently revised and issued the Guidelines for the Standard Operation of Listed Companies (the “Guidelines”), which was effective since March 1.