News Centre

Hong Kong’s Securities And Futures Commission: Launch Of Investor Identification For Northbound Trading Under Stock Connect

Date 24/08/2018

The Securities and Futures Commission (SFC) has reached an agreement with the China Securities Regulatory Commission (CSRC) to implement an investor identification regime for northbound trading under Mainland-Hong Kong Stock Connect on 17 September 2018.

ESMA To Renew Prohibition On Binary Options For A Further Three Months

Date 24/08/2018

The European Securities and Markets Authority (ESMA) has agreed to renew the prohibition of the marketing, distribution or sale of binary options to retail clients, in effect since 2 July, from 2 October 2018 for a further three-month period. ESMA has also agreed on the exclusion of a limited number of products from the scope of the measure.

Moscow Exchange: The Additional Trading Session Starts Later For Derivatives On 6, 13, 17, 19, 20, 25 And 27 September 2018

Date 24/08/2018

Please note that the Derivatives Market evening trading session will begin five minutes later, i.e. at 7:05 pm MSK, on 6, 13, 17, 19, 20, 25 and 27 July 2018, as these are the last trading days for options contracts (in accordance with clause 7.2 of the Rules of organized trading for the Moscow Exchange Derivatives Market).

CBA Helps World Bank Raise A$110 Million With Launch Of ‘Bond-I’ - World’s First Blockchain Bond Exceeds Market Expectations

Date 24/08/2018

The Commonwealth Bank (CBA) has helped its client, the World Bank, launch bond-i - the world’s first bond to be created, allocated, transferred and managed through its life cycle using distributed ledger technology. CBA was mandated by the World Bank as arranger for the bond on August 10 and following a two-week consultation period with the market, the two-year bond has raised A$110 million.

MAS And SGX Partner Anquan, Deloitte And Nasdaq To Harness Blockchain Technology For Settlement Of Tokenised Assets

Date 24/08/2018

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) today announced a collaboration to develop Delivery versus Payment (DvP) capabilities for settlement of tokenised assets across different blockchain platforms. This will allow financial institutions and corporate investors to carry out simultaneous exchange and final settlement of tokenised digital currencies and securities assets, improving operational efficiency and reducing settlement risks.

Q&A On Stock Trading Suspension And Resumption In The Shanghai Stock Exchange Market

Date 24/08/2018

Q: Recently, the market has paid close attention to stock trading suspension and resumption of listed companies. We notice that the Shanghai Stock Exchange (SSE) has achieved evident results in consistently strengthening regulation in this aspect. Could you share with us more details in this regard?

A: In recent years, the SSE has attached great importance to strict regulation of stock trading suspension and resumption, both in rules arrangement and daily regulatory practice. Problems focused by the market and investors, such as premature suspensions, excessive suspensions and prolonged suspensions, have gradually been relieved.

Annual SIFMA BCP/ Reg SCI Test – October 13, 2018

Date 23/08/2018

In coordination with other market centers and in support of Regulation SCI, BOX Options Exchange (“BOX”) will be participating in the annual SIFMA BCP Test on Saturday, October 13, 2018.

SEC Names Matthew S. Jacques As Chief Accountant In Enforcement Division

Date 23/08/2018

The Securities and Exchange Commission today announced that Matthew S. Jacques has been named the new chief accountant in the SEC’s Division of Enforcement.

Ontario Securities Commission Publishes Summary Report For Dealers, Advisers And Investment Fund Managers

Date 23/08/2018

The Ontario Securities Commission (OSC) today published OSC Staff Notice 33-749 Annual Summary Report for Dealers, Advisers and Investment Fund Managers, which highlights common compliance deficiencies, current issues and trends in registration, and key policy initiatives impacting registrants.

Canadian Securities Regulators Issue Guidance On Bail-In Debt Regime

Date 23/08/2018

The Canadian Securities Administrators (CSA) today published two notices outlining CSA staff’s views regarding the implementation of the bail-in debt regime for domestic systemically important banks (D-SIBs), which include Canada’s six largest banks, and for Quebec’s Desjardins Group. The first notice addresses the distribution or trade of bail-in debt to investors and the second notice provides guidance for investment fund issuers that may invest in bail-in debt.