News Centre

Hong Kong's Securities And Futures Commission Bans Poon Chun Hing For 30 Months

Date 18/07/2018

The Securities and Futures Commission (SFC) has banned Mr Poon Chun Hing from re-entering the industry for 30 months from 18 July 2018 to 17 January 2021.

UK’s Financial Conduct Authority Response To The CMA’s Provisional Decision Report On Its Investment Consultants Market Investigation

Date 18/07/2018

We welcome the Competition and Markets Authority's (CMA's) in-depth work on competition in the market for investment consultancy and fiduciary management services. As part of our asset management market study, we referred this sector to the CMA for a detailed investigation because we had serious competition concerns.

ESMA Clarifies Endorsement Regime For Non-EU Credit Ratings

Date 18/07/2018

The European Securities and Markets Authority (ESMA) has published today supplementary guidance on the application of the endorsement regime for non-EU credit ratings under the Credit Rating Agencies Regulation (CRAR). In order to ensure that third-country credit ratings, which are endorsed for use by EU investors, meet requirements which are at least as stringent as those set out in CRAR, ESMA adds a new section to its Guidelines on Endorsement first published in November 2017.

UK's Competition And Markets Authority Proposes Pension Investment Reforms

Date 18/07/2018

The CMA has today proposed a number of reforms to the investment consultancy and fiduciary management sector after identifying a range of competition concerns.

ADX Announces Listing Of Wahat al Zaweya Holding PJSC Shares On Its Second Market

Date 18/07/2018

• HE Khalifa Bin Salem Al Mansouri: "ADX has a global infrastructure and setup for listing and trading across diversified financial instruments"
• Anas Atatreh: “We are delighted to be a part of ADX, this listing falls in line with the Company's continued growth since its foundation, and with its well-focused  and diversified investments specially the Real Estate development sector”

DTCC Plans To Open New Office In Dublin And Begins Recruitment Process - Global Financial Services Firm Will Extend Presence In Europe By Adding New Location In Ireland Ahead Of The UK’s Planned Withdrawal From The EU - Ministries For Business, Enterprise And Innovation As Well As Financial Services And Insurance Join IDA Ireland In Welcoming DTCC’s Move

Date 18/07/2018

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that it intends to open a new office in Dublin, Ireland, to continue providing an authorised regulatory reporting service for clients in the EU27 and the UK as the UK advances towards a departure from the European Union (EU) in March 2019. DTCC offers a Global Trade Repository (GTR) service for over-the-counter and exchange traded derivatives reporting – the largest trade repository in the world.

FSB Consults On The Effects Of Reforms On Infrastructure Finance

Date 18/07/2018

The Financial Stability Board (FSB) published today a consultation report on the Evaluation of the effects of financial regulatory reforms on infrastructure finance, and is seeking public feedback on the results of the evaluation to date. 

Shenzhen Stock Exchagne-Shanghai Stock Exchange Hold The Fourth Special Training On Customer Management For Securities Companies

Date 18/07/2018

From July 12 to 13, under the deployment of CSRC Department of Market Supervision and Department of Fund and Intermediary Supervision, Shenzhen Stock Exchagne (SZSE), Shanghai Stock Exchange (SSE), the China Capital Market Institute, CSRC Hunan Bureau and the Securities Association of Hunan jointly organized the fourth special training on customer management for securities companies in 2018. This is order to thoroughly implement the spirits of the 19th CPC National Congress, the National Financial Work Conference and the Central Economic Work Conference, vigorously promote the comprehensive implementation of the “member-regulation-oriented” transaction behavior regulation model and enhance the active awareness of members in fulfilling their customer management responsibilities. Held in Changsha, Hunan, the training had the participants of about 200 principals of the compliance risk control and brokerage business lines of securities companies, securities business departments in Hunan.

Tokyo Stock Exchange And Kyoto University Agreed On Joint Research For Developing New Stock Price Index

Date 18/07/2018

Tokyo Stock Exchange and Kyoto University Agreed on Joint Research for Developing New Stock Price Index

RSRCHXchange Adds Analyst Interaction Functionality To Its Research Marketplace - New Functionality Includes The Ability For Research Providers To Book And Sell Meetings, Calls, Webinars And Events

Date 18/07/2018

As the global market for investment research continues to unbundle post MiFID II, RSRCHXchange has built upon its strength as an aggregator and marketplace for written research by adding a suite of functionality for other research services.