News Centre

ESMA Sets Out Its Strategy On Sustainable Finance

Date 06/02/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its Strategy on Sustainable Finance. The strategy sets out how ESMA will place sustainability at the core of its activities by embedding Environmental, Social, and Governance (ESG) factors in its work.

SGX Welcomes Elite Commercial REIT To Mainboard

Date 06/02/2020

Singapore Exchange (SGX) today welcomed Elite Commercial REIT, the first UK-focused Singapore REIT, to its Mainboard under the stock code “MXNU”.

Hong Kong Securities And Futures Commission Bans Christopher Tse For 12 Months

Date 06/02/2020

The Securities and Futures Commission (SFC) has banned Mr Christopher Tse, a former research analyst at RHB Securities Hong Kong Limited (RHBSHK), from re-entering the industry for 12 months from 31 January 2020 to 30 January 2021.

Global Compact And Capital Markets Malaysia Commit To Advancing Malaysia’s Corporate Sustainability Agenda

Date 06/02/2020

Global Compact Network Malaysia, the local network of the United Nations Global Compact, and Capital Markets Malaysia have jointly launched the Global Compact Network Malaysia Centre of Excellence (COE) to drive strategic development of the sustainability agenda and to accelerate the performance of corporate Malaysia in supporting the achievement of the Sustainable Development Goals (SDGs).

Kcell Ordinary Shares And GDRs Have Been Listed On AIX

Date 06/02/2020

Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that ordinary shares and global depositary receipts (GDRs) of Kcell JSC (“Kcell”), the leading provider of mobile telecommunications services in Kazakhstan, have been admitted to the AIX official list effective February 6, 2020. Secondary trading is expected to start on February 7, 2020. Kcell shares will be traded under (KCEL) ticker with quotation and settlement in KZT and fully fungible between AIX and Kazakhstan Stock Exchange, GDRs will be traded under (KCEL.Y) ticker with quotation and settlement in USD and fully fungible between London Stock Exchange and AIX.

What SGX Expects Of Disclosures Involving Significant Litigation

Date 06/02/2020

One of the foundations of the disclosure-based regime is the continuous disclosure obligation on listed companies, where material information is immediately announced so that investors are able to make informed investment decisions. 

United States-Singapore Joint Statement On Financial Services Data Connectivity

Date 06/02/2020

U.S. Treasury Under Secretary for International Affairs Brent McIntosh and Monetary Authority of Singapore Deputy Managing Director Jacqueline Loh met in Singapore to discuss the importance of data connectivity in financial services.  At the conclusion of their meeting, Under Secretary McIntosh and Deputy Managing Director Loh issued the following joint statement:

The United States and Singapore recognize that the ability to aggregate, store, process, and transmit data across borders is critical to financial sector development.  The expanding use of data in financial services and the increasing use of technology to supply financial services offer a range of benefits, including greater consumer choice, enhanced risk management capabilities, and increased efficiency.  These developments also pose new and complex risks for markets and challenges for policymakers and regulators.  The United States and Singapore are committed to working together and with other countries to promote an environment in financial services that fosters the development of the global economy. 

UAE Securities And Commodities Authority: H.E. Sultan Al Mansoori Issues New Decisions

Date 06/02/2020

H.E. Sultan Al Mansoori issues new decisions  

The Guide to the Governance of Public Joint-Stock Companies provides a legal framework that regulates corporate affairs 

ASX Monthly Activity Report - January 2020

Date 06/02/2020

Trading – Cash Markets (including equities, interest rate and warrant trades) 

• In January 2020, the average daily number of trades was 21% higher than the pcp. The average daily value traded on-market of $4.5 billion was up 21% on the pcp.  
• Volatility (as measured by the average daily movement in the All Ordinaries Index) was 0.6% in January (compared to 0.5% in the pcp).  
• Expected future volatility (as measured by the S&P/ASX 200 VIX) in January was an average of 12.4 (compared to 14.8 in the pcp).

US Department Of Justice: Montana Broker Found Guilty In Multimillion-Dollar Fraud Scheme

Date 05/02/2020

A federal jury found a Montana man guilty yesterday for his role as a broker for a Swiss company involved in a multimillion-dollar international fraud scheme.