News Centre

Monetary Authority of Singapore: Second Conviction For Market Misconduct Under The Joint Investigations Arrangement With The Commercial Affairs Department

Date 22/01/2018

Mok Piak Liang (Mok) was sentenced to four months’ imprisonment on 19 January 2018 as a result of a conviction arising from a joint investigation conducted by the Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force. The State Courts of Singapore convicted Mok for false trading under Section 197(1)(b) of the Securities and Futures Act (SFA). This case was referred by the Singapore Exchange Securities Trading Ltd.

Hong Kong's Securities And Futures Commission Bans Chan Wai Nun For Six months

Date 22/01/2018

The Securities and Futures Commission (SFC) has banned Mr Chan Wai Nun, a former investment counsellor of DBS Bank (Hong Kong) Limited (DBSHK), from re-entering the industry for six months from 19 January 2018 to 18 July 2018 for transferring client data out of DBSHK prior to his departure from DBSHK to join another bank.

ETFGI Reports That Assets Invested In ETFs/ETPs Listed In Middle East And Africa Increased By 14% To Reach A New High Of 40 Billion US Dollars At The End Of December 2017

Date 22/01/2018

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs and ETPs listed in Middle East and Africa increased by 14.4% during 2017 to reach US$39.90 Bn at the end of December. (All dollar values in USD unless otherwise noted.)

UK's Financial Conduct Authority Consults On Widening Access To The Financial Ombudsman Service For Small Businesses

Date 22/01/2018

The Financial Conduct Authority (FCA) has today launched a consultationon plans to give more small businesses access to the Financial Ombudsman Service (the Ombudsman). This follows a review of the protections available to small and medium sized enterprises (SMEs) as users of financial services.

ETFGI Reports That Assets Invested In ETFs/ETPs Listed In Latin America Increased By 45% To Reach A New High Of 6 Billion US Dollars At The End Of December 2017

Date 22/01/2018

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs and ETPs listed in Latin America increased by 45.8% during 2017 to reach US$6.80 Bn at the end of December. (All dollar values in USD unless otherwise noted.)

PEGAS Sets Again A New High In 2017

Date 22/01/2018

PEGAS, the pan-European gas trading platform operated by Powernext, achieved its best trading results in 2017 by reaching a new record with 1,953.9 TWh , improving its previous record (1,733.3 TWh in 2016) by almost 13%. The top volume was still observed on the Dutch TTF delivery area where over 1,223 TWh were traded across both spot and futures segments, along with the bigger growth percentage (14%). The Austrian CEGH VTP performed remarkably well in 2017 with 88.9 TWh, regularly achieving monthly volume records in its first full year on PEGAS. 

ETFGI Reports That Assets Invested In ETFs/ETPs Listed In Asia Pacific Ex-Japan Increased By A Record Of 40 Billion US Dollars During The Year Of 2017

Date 22/01/2018

ETFGI, a leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, reported today that assets invested in ETFs and ETPs listed in Asia Pacific (ex-Japan) increased by 31.4% during 2017 to reach a new high of US$170.26 Bn at the end of December. (All dollar values in USD unless otherwise noted.)

The BTL Interbit Blockchain Platform To Drive Next Phase Of Energy Trading Systems With Market Leading European Energy Firms

Date 22/01/2018

BTL GROUP LTD. (TSX Venture: BTL) (“BTL” or “The Company”) is pleased to provide further information on the next phase of its previously announced European energy trading project, under which four oil and gas supermajors and five leading energy traders including Eni Trading & Shipping, Total, Gazprom Marketing & Trading Limited, Mercuria, Vattenfall, Petroineos and Freepoint, propose to participate in using BTL’s Interbit blockchain platform to deliver gas trading reconciliation through to settlement and delivery of trades. This enterprise solution is being called OneOffice and is a revenue generating project for BTL.

UBS 2017 Reported PBT Up 32% YoY To CHF 5.4bn

Date 22/01/2018

• Adjusted profit before tax CHF 6.3bn, +19% YoY; adjusted1 return on tangible equity excluding DTAs2 14.1%
• Net profit attributable to shareholders CHF 1.2bn, CHF 2.9bn net write-down of DTAs related to US tax law changes
• CHF 4.1bn adjusted1 profit before tax in Global Wealth Management, +14% YoY
• CHF 103bn net new money and CHF 366bn increase in invested assets in our wealth and asset management businesses
• Fully applied CET1 capital ratio 13.8% and CET1 leverage ratio 3.7%
• 2017 ordinary dividend CHF 0.65 per share proposed, +8% YoY; initiating 3-year share buyback program of up to CHF 2 billion, including up to CHF 550m in 2018
• Financial targets and flexible capital returns policy set for 2018-2020
• Creates unified Global Wealth Management division

Shanghai Futures Exchange: Notice On Enforcement By The Exchange Against Rule Violations During 2017

Date 22/01/2018

The enforcement by the Exchange against rule violations during 2017 is as follows:

1. There were totally twelve (12) rule violation cases that triggered the disciplinary action by the Exchange against them, including 9 cases for accommodation trades for fund transfer purpose, 2 cases for causing abnormal price fluctuations and 1 case for failure to duly conduct the forced position liquidation by the Member on excessive long positions of its client. The parties involved covered the market participants of both corporate client and natural person client.