News Centre

Hong Kong Securities And Futures Commission China Securities Regulatory Commission Hold High-Level Enforcement Cooperation Meeting

Date 12/07/2024

The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) recently held their 16th regular high-level meeting on enforcement cooperation. The focal point of the meeting in Kunming, Yunnan Province, was initiatives to strengthen collaboration.

CFFEX: Notice On Issues Related To The Delivery Of Equity Index Futures And Options Contracts

Date 12/07/2024

Pursuant to the Trading Rules of China Financial Futures Exchange and relevant detailed implementation rules, the last trading day of a CSI 300 Index futures, SSE 50 Index futures, CSI 500 Index futures, CSI 300 Index options, CSI 1000 Index futures, CSI 1000 Index options, and SSE 50 Index options contract is the third Friday of the expiry month. Where the last trading day is a public holiday or trading of that contract is suspended on that day for extraordinary situations or other reasons, the last trading day shall be postponed to the following trading day. Accordingly, the last trading day of IF2407, IH2407, IC2407, IO2407(CSI 300 Index options contracts expiring in July 2024), IM2407,MO2407(CSI 1000 Index options contracts expiring in July 2024),and HO2407(SSE 50 Index options contracts expiring in July 2024) is July 19, 2024.

Announcement On The Release Of The Revised Gold Futures Contract Specifications Of Shanghai Futures Exchange

Date 12/07/2024

The Gold Futures Contract of Shanghai Futures Exchange (SHFE) (revised) has been adopted by its Board of Directors and reported to the China Securities Regulatory Commission.
The gold that conforms to the specifications of National Standard GB/T 4134-2021 can be used for physical delivery from July 12, 2024.The gold that conforms to the specifications of National Standard GB/T 4134-2015 cannot be used for physical delivery and the existing standard warrants can still be used for physical delivery.

First Interagency Fraud Disruption Conference Focuses On Combatting Crypto Schemes Commonly Known As “Pig Butchering”

Date 11/07/2024

The Commodity Futures Trading Commission and the Department of Justice’s Computer Crime and Intellectual Property Section’s National Cryptocurrency Enforcement Team (NCET) announced today they convened the first Fraud Disruption Conference to work on efforts to combat a type of fraud commonly known as “pig butchering.” It is estimated that Americans are scammed out of billions per year, making this a top law enforcement priority.

New York Department Of Financial Services Superintendent Harris Adopts Insurance Guidance To Combat Discrimination In Artificial Intelligence - Establishes Principles To Protect Consumers When Insurers Use Artificial Intelligence In Underwriting And Pricing

Date 11/07/2024

Today, Department of Financial Services (“DFS”) Superintendent Adrienne A. Harris adopted guidance to protect consumers from unfair or unlawful discrimination by insurers using artificial intelligence.

Ontario Securities Commission Seeks Feedback On Proposed Process For Distributing Disgorged Funds To Harmed Investors

Date 11/07/2024

The Ontario Securities Commission (OSC) today published for comment a rule proposal that would establish a new process for returning money to harmed investors.

B.C. Securities Commission Adopts Business Conduct Rule For Derivatives Dealers And Advisers

Date 11/07/2024

The B.C. Securities Commission today published advanced notice of adoption of a comprehensive regime for regulating the business conduct of dealers and advisers in the over-the-counter derivatives market, including a number of provisions that are specific to B.C.

UK Financial Conduct Authority: Court Sets Dates For ‘Finfluencer’ Trials

Date 11/07/2024

Trials have been scheduled after the FCA charged 9 individuals in relation to an unauthorised foreign exchange trading scheme promoted on social media.

ESAs Report On The Use Of Behavioural Insights In Supervisory And Policy Work

Date 11/07/2024

The three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) published today a joint report following their workshop on the use of behavioural insights by supervisory authorities in their day-to-day oversight and policy work.

EBA Updates List Of Other Systemically Important Institutions

Date 11/07/2024

• 178 banks identified as systemically important in 2023.
• The list aims to increase transparency in the EU.
• The assessment of systemic importance remains under the remit of the national competent or designated authorities.