News Centre

ADGM Launches New Private Financing Platform Regulatory Framework To Support Start-Ups And Enterprises ~ Enables Start-Ups And Small- And Medium-Sized Enterprises (Smes) To Find New, Alternative Sources Of Funding While Applying Due Safeguards To Ensure Platforms Operate In A Safe And Sound Manner For Investors

Date 10/09/2018

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, is pleased to launch its framework today to regulate operators of Private Financing Platforms (PFPs) serving equity investment, debt financing and trade receivables funding needs of start-ups, private enterprises and SMEs.  This follows the successful completion of a public consultation by the Financial Services Regulatory Authority (FSRA) on 16 August 2018 to introduce a tailored, risk-proportionate regulatory framework for transactions facilitated through a PFP in ADGM.

Japan Exchange Group: Submission Of “Progress Report Of Myanmar’s Capital Market Activation Support Plan” To Ministry Of Planning And Finance Of Myanmar

Date 10/09/2018

On September 9th, 2018, State Minister Mr. Takao Ochi and representatives from Japan Exchange Group Inc. and Daiwa Securities Groups Inc. had a meeting with Mr. Maung Maung Win, Deputy Minister of Planning and Finance of Myanmar. 

CCP12 Responds To The Incentives To Clear Consultation By The FSB, BCBS, CPMI And IOSCO

Date 10/09/2018

CCP12 responded to the consultative document, Incentives to centrally clear over-the-counter derivatives, published by the Financial Stability Board (FSB); the Basel Committee on Banking Supervision (BCBS); the Committee on Payments and Market Infrastructure (CPMI); and the International Organization of Securities Commissions (IOSCO) (together the ‘agencies‘). The consultative  report is focused on a post-implementation evaluation of the G20 financial regulatory reforms on the incentives to centrally clear OTC derivatives.

Monetary Authority Of Singapore Introduces New Corporate Structure To Enhance Fund Ecosystem In Singapore

Date 10/09/2018

The Monetary Authority of Singapore (MAS) has finalised the features of the new corporate structure for investment funds, the Variable Capital Company (VCC)1. This follows from the public consultation in March 2017. The introduction of the VCC structure will position Singapore to become a key fund domiciliation hub, and strengthen Singapore’s position as a full-service international fund management centre. 

Tokyo Commodity Exchange August 2018 Market Summary

Date 10/09/2018

The Tokyo Commodity Exchange reported today that average daily volume for August 2018 was 86,853 contracts, down 15.5% year-over-year. The Gold Standard contract, TOCOM’s most active, rose 13.4% to 33,288 contracts. Gold Mini was up 19.6% to 3,699 contracts though other products saw lower volume. Platinum Standard was down 2.8% to 12,581 contracts, Gold Rolling Spot fell 35.4% to 9,218 contracts and Dubai Crude Oil dropped 31.8% to 14,381 contracts. 

Exegy And TNS Partner To Offer A Global FX Trading Platform

Date 10/09/2018

Exegy Inc., the leading provider of managed services and low-latency technology for market data normalization and distribution, and Transaction Network Services (TNS), a leader in global managed data communications and interoperability solutions, announce a partnership in offering a global FX trading platform.

Broadridge Launches New MiFID II Solution And Signs Leading International Investment Firm - Article 50 Ex-Post Solution Further Expands Its Regulatory Communication Support For Investment Managers Distributing In Europe

Date 10/09/2018

Broadridge Financial Solutions, Inc. (NYSE:BR), a global fintech leader and recent addition to the S&P 500 Index, has launched a new solution to support investment firms with their MiFID II ex-post reporting obligations outlined under Article 50 of the Delegated Regulation. This latest solution is part of a suite of MiFID II services developed by Broadridge’s FundAssist business - a leading regulatory and distribution solutions provider to the global investments industry. The solution has already created significant market interest, including the signing of a leading international investment firm.

Vienna Stock Exchange Extends Trading Schedule From 2019 Onwards

Date 10/09/2018

• 2019: Vienna Exchange enables trading on four Austrian public holidays
• Alignment with international standards

JPX Monthly Headlines - August 2018

Date 10/09/2018

JPX group companies undertake various initiatives and disseminate information with the aim of providing the most attractive markets to all users. 

Every month, we showcase the highlights of these efforts in short and concise summaries just for you.

UAE's Securities And Commodities Authority: Sultan Al Mansoori Issues Decision Amending Securities Brokerage Regulations

Date 10/09/2018

The new decision provides that the paid-up capital for trading and clearing members shall not fall below AED 30 million and that the bank guarantee provided shall not be less than AED 20 million

A minimum net equity of 75% of the paid-up capital shall also be maintained at all times

 H.E. Eng. Sultan bin Saeed Al Mansoori, Minister of Economy and Chairman of the Board of  the Securities and Commodities Authority (SCA), issued Decision No. (27/Chairman) of 2018 amending Decision No. (27) of 2014 on Securities Brokerage Regulations.