News Centre

Japan Financial Services Agency: Appointment Of The Director Of The Financial Research Center

Date 01/04/2020

On April 1, 2020, the Financial Services Agency (FSA) appointed Dr. YOSHINO Naoyuki, Emeritus Professor of Keio University, as the Director of the Financial Research Center (FRC). Dr. Yoshino also serves as Adjunct Professor of National Graduate Institute for Policy Studies, and Visiting Lecturer at Graduate School of Public Policy, the University of Tokyo.

ASIC And APRA Letter To Superannuation Trustees On Impact Of COVID-19

Date 01/04/2020

The unusual and challenging circumstances associated with COVID-19 require trustees to make new business arrangements, amend priorities and adjust their short-term investment strategies. What does not change is their duty to comply with the law, including the duty to act in the best interests of their members. At a time of uncertainty, this is essential to maintaining public confidence that superannuation remains a safe, fair and sound long-term investment towards retirement.

COVID-19 Related Exemptions From IIROC Rules

Date 31/03/2020

The health and safety of all market participants is of paramount importance to IIROC. In response to the risks associated with the COVID-19 pandemic, IIROC and the investment firms it regulates have triggered business continuity plans and are dealing with the effects on client service and regulatory obligation.

Nadex Refrains from Listing Certain Contracts

Date 31/03/2020

Due to activity in the underlying markets upon which the Nadex contracts are based and pursuant to the authority granted in Nadex Rule 12.1(h), on trade date Monday, March 30, 2020 Nadex took the following actions:  

• No Daily, Weekly or Intraday Natural Gas Binary contracts will be listed for the week of March 30, 2020;

Autorité Des Marchés Financiers Announces Measures To Support Québec's Financial System

Date 31/03/2020

The Autorité des marchés financiers (the “AMF”) today announced a series of measures to minimize the impact of COVID-19 on Québec’s financial system.

Listed@ASX Compliance Update - COVID-19 – Continuous Disclosure Obligations

Date 31/03/2020

Under listing rule 3.1, once an entity is or becomes aware of any information concerning it that a reasonable person would expect to have a material effect on the price or value of the entity’s securities, the entity must immediately tell ASX that information.

FTSE Equity Country Classification – March 2020 Interim Update

Date 31/03/2020

The March 2020 FTSE Equity Country Classification Interim Update has been published. Please click on the following link to view the Interim Update:

FTSE Equity Country Classification March 2020 Interim Update

SEC Small Business Advocate To Host Virtual Coffee Breaks Discussing Small Business Capital Raising

Date 31/03/2020

The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation is hosting a series of virtual coffee breaks to engage with the public to discuss updates, trends, and perspectives on how COVID-19 is impacting raising capital.

Volcker Revision And Coronavirus, By Kelvin To, Founder And President Of Data Boiler Technologies

Date 31/03/2020

On behalf of Data Boiler Technologies, I am pleased to provide the FED, SEC, CFTC, FDIC, and OCC (collectively, the “Agencies”) with comments and thanks for acknowledging our prior comments 9 times in the preamble of the agencies’ proposal to revise section 13 of the Bank Holding Company Act (a.k.a. the Volcker Rule). This proposal is considered in midst of a global financial turmoil that triggered by the novelty Coronavirus (CoVID-19) situation. Indeed, this is exactly the moment I long advocated for the need of and referred to as “Stress RENTD”. It is time for banks to pour liquidity to markets and temporarily lifting related regulatory restrictions on their ability to scoop up troubled assets to restore financial stability.

S&P Dow Jones Indices: Europe Dashboard

Date 31/03/2020

Europe   

• Marred by global pandemic fears as COVID-19 spread rapidly across the continent, Italy, then Spain and shortly thereafter most of the remainder of the continent was locked down in order to slow the spread of the virus. 
• European equities struggled in the face of a global sell-off; the S&P Europe 350® fell to post its worst monthly and quarterly performance since September 2002. 
• The pandemic did little to abate an oil price war between Saudi Arabia and Russia, which has driven crude prices down to multi-decade lows and pulled down the energy sector with it.