News Centre

Shenzhen Stock Exchange Issues Guidelines On Credit Risk Management Over The Duration Of Asset-Backed Securities (Trial) And Guidelines On Content And Format Of Periodic Reports For Asset-Backed Securities

Date 14/05/2018

Recently, Shenzhen Stock Exchange (“SZSE”) officially issued Guidelines on Credit Risk Management over the Duration of Asset-Backed Securities (Trial) (hereinafter referred to as Risk Management Guidelines) and Guidelines on the Content and Format of Periodic Reports for Asset-backed Securities (hereinafter referred to as Guidelines on Periodic Reports). The two guidelines aim to improve the risk management system for asset securitization, strengthen the credit risk management over the duration of asset-backed securities (ABS), enhance the disclosure quality of periodic reports on asset-backed securities, deal with the market concerns pertaining to information effectiveness, thus effectively protecting the legitimate rights and interests of investors.

Block Commodities Limited: Strategic Investor And Launch Of FarmCoin Venture

Date 14/05/2018

Block Commodities Limited and Financial & Commodities Ecosystem Limited (FinComEco) a subsidiary of GMEX Group Ltd, are pleased to announce a strategic alliance with Swarm Fund (Swarm). Swarm is a fully decentralised capital marketplace platform built on blockchain technology  for private equity. Under the alliance, the parties will provide a unique investment opportunity via the listing of FarmCoin Venture, an asset-backed investment coin, to help develop a pan-African financial and commodities ecosystem.

Singapore's AML/CFT Industry Partnership (ACIP): Industry Efforts To Combat Money Laundering And Financial Crime

Date 14/05/2018

The Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) Industry Partnership (ACIP) has recommended a set of best practices for financial institutions to guard against trade-based money laundering and the misuse of company structures for illicit purposes. 

Singapore Exchange (SGX) And Tel-Aviv Stock Exchange (TASE) Establish Partnership To Grow Cross-Border Capital Raising Opportunities For Technology Companies - Partnership Complements Efforts By The Exchanges To Boost Their Respective Technology Sector Listings

Date 14/05/2018

Singapore Exchange (SGX) and The Tel-Aviv Stock Exchange (TASE) today announced that they have established a partnership focused on growing capital raising opportunities for companies, particularly in the technology sector.

Singapore And Brunei Darussalam Enhance Cooperation In Financial Innovation

Date 14/05/2018

The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) today signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore.

ASIC: IT Consultant Charged With gaining Unauthorised Access To Data And Insider Trading

Date 14/05/2018

IT consultant Steven Oakes, of Sydney, New South Wales, has been charged with a total of 115 offences for unauthorised access to data held in a computer, insider trading, and destroying or concealing books required by ASIC. The filing hearing for Mr Oakes’ charges was listed at the Melbourne Magistrates’ Court on 14 May 2018.

New Zealand's Financial Markets Authority: KiwiSaver Trial Focused On Members In Their 50s Gets Results

Date 14/05/2018

The interim results of a second FMA, MBIE and industry trial has shown targeted communications created using behavioural insights, are more likely to lead KiwiSaver members to make an active decision about their fund.

ASIC Consults On Short Selling Proposals

Date 14/05/2018

ASIC is seeking feedback on various proposals relating to both naked and covered short selling.

ASIC’s public consultation coincides with the sunsetting of a number of related class orders, providing an opportunity to review our regulatory approach to short selling.

EGX: Trading Hours During Ramadan Holy Month

Date 13/05/2018

The Egyptian Exchange (EGX) decided that the trading session dates during the month of Ramadan to be as follows:

• First : The trading session of listed securities (Main Market) from 10:00 am to 1:30 pm, preceded by a discovery session starts at 9:30 am.
• Second: Small & Medium Enterprises Stock Exchange (NILEX) from 10:00 am to 1:30 pm.
• Third: The time to record orders in the deals market for transactions with large volume from 9:15 am to 9:45 am. 
• Fourth: The trading session for non-listed securities (Orders Market, OTC) on Monday and Wednesday only of each week from 11:30 am to 12:00 pm.
• Fifth: The trading session for non-listed securities (Deals Market, OTC) from 09:30 am to 1:30 pm.
• Sixth: The trading session for non-listed securities (Central Depository) from 10:00 am to 11:30 am.
• Seventh: Time to divide Omnibus Accounts from 1:30 pm to 2:00 pm

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 13/05/2018

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)