News Centre

Hong Kong's Securities And Futures Commission: Court Sets Pre-Trial Review For Unlicensed Activities Prosecution

Date 18/07/2019

The Eastern Magistrates’ Court today fixed the pre-trial review date for prosecution against Brilliance Capital Management Limited (BCM) and its director Mr Law Sai Hung after they pleaded not guilty to the charges by the Securities and Futures Commission (SFC) of having held out themselves as carrying on a business in regulated activity without a SFC licence.

BCS Global Markets Expands Russian And Emerging Markets Focused Equity And Fixed Income Team In New York

Date 18/07/2019

• BCS Global Markets has announced the hires of Diego Vargas and Kyrill Firshein months after announcing global equity trading platform launch in their BCS Americas, New York office

Shanghai Stock Exchange Releases “Memorandums On Information Disclosure Of Companies Listed On SSE Star Market”, Supporting Guidelines For Announcement Formats

Date 18/07/2019

With the listing and trading of the first batch of companies on the SSE Star Market just around the corner, in order to standardize the information disclosure of the companies listed on the SSE Star Market (the Star Companies for short ) and support the companies in complying with the rules for information disclosure, preparing the announcement documents and completing the disclosure of the announcements, on July 12, the Shanghai Stock Exchange (SSE) promulgated the “Memorandums on Information Disclosure of Companies Listed on SSE Star Market” (the Memorandums for short) and guidelines for announcement formats. The Memorandums is the main lower-level rule for implementing and refining the requirements for information disclosure in the “SSE Rules for Listing Stocks on SSE Star Market”.

ESMA Provides Updated Q&As, XML Schema And Validation Rules For Securitisation Reporting

Date 18/07/2019

The European Securities and Markets Authority (ESMA), the EU’s securities  markets’ regulator, has today published several additional resources to assist market participants in the implementation of ESMA’s draft technical standards on disclosure requirements for the Securitisation Regulation (SR).

SET Unveils Digital Gateway To Access The National Digital ID Platform

Date 18/07/2019

The Stock Exchange of Thailand (SET) is poised to introduce its Digital Gateway to enable an efficient, secure and cost-effective means to access the National Digital ID Platform (NDID).  The NDID Platform is Thailand’s financial market infrastructure initiated by the Thai Government to enable non-face-to-face authentication and verification.  

ASX 2019 Full-Year Financial Results Webcast Details And Key Dates

Date 18/07/2019

ASX is scheduled to announce its financial results for the 12 months ended 30 June 2019 on Thursday, 15 August 2019.

Shanghai Stock Exchange, Shanghai Financial Court Hold Symposium On Implementing Opinions On Judicial Guarantee For Launching The SSE Star Market And Piloting The Registration-Based IPO System

Date 18/07/2019

On July 10, Shanghai Stock Exchange (SSE) and the Shanghai Financial Court (SFC) jointly held a symposium on implementing the opinions on the judicial guarantees for launching the SSE Star market and piloting the registration-based IPO system. Attending the meeting were the relevant officials of the Shanghai High People's Court (SHPC), the SFC and the SSE, and also present at the symposium were representatives of market participants such as issuers on the SSE Star Market, securities companies, law firms and accounting firms.

CFTC Swaps Report Update

Date 17/07/2019

CFTC's Weekly Swaps Report has been updated, and is now available.

FINRA Announces Final Results Of Mutual Fund Waiver Initiative - Total Of 56 Settlements Reached With Member Firms Resulting In $89 Million In Restitution To Eligible Charitable And Retirement Accounts

Date 17/07/2019

FINRA announced that it has reached settlements with 56 member firms and obtained a total of $89 million in restitution for nearly 110,000 charitable and retirement accounts as a result of its mutual fund fee waiver initiative. All of the firms, including the two firms who agreed to settlements1 today, failed to waive mutual fund sales charges for the eligible accounts and failed to reasonably supervise the sale of mutual funds offering sales charge waivers. 

SIFMA Testimony On New Jersey Fiduciary Rule Proposal

Date 17/07/2019

In testimony delivered today regarding New Jersey’s proposed rule to create a state fiduciary standard, SIFMA expressed strong concern and urged the state to defer to the new nationwide best interest standard finalized by the Securities and Exchange Commission (SEC) last month – Regulation Best Interest (Reg BI) – which addresses the investor protection concerns and goals stated by New Jersey policymakers.