News Centre

UK's Financial Conduct Authority: HSBC Voluntarily Agrees To Provide Approximately £4m Redress For Historical Debt Collection Practices

Date 20/01/2017

HSBC has voluntarily agreed to set up a redress scheme for customers who may have suffered detriment by paying an unreasonable debt collection charge imposed by HFC Bank Ltd (HFC) and John Lewis Financial Services Limited (JLFS), the Financial Conduct Authority (FCA) has announced today. Both HFC and JLFS are now part of HSBC Bank Plc.

HKEX: Listing Nominating Committee Seeks Listing Committee Candidates

Date 20/01/2017

The Listing Nominating Committee is now seeking applications from individuals interested in serving on the Listing Committee and the Growth Enterprise Market (GEM) Listing Committee1.  Appointments will be for a term of approximately 12 months commencing in July 2017.  Similar to last year, the Listing Nominating Committee will interview short-listed candidates before appointments are made.

Japan's Securities And Exchange Surveillance Commission: Strategy & Policy Of The SESC 2017-2019 - Building On A Quarter-Century Of Achievement

Date 20/01/2017

Mission

1. Ensuring market integrity/protection of investors
2. Contributing to sound development of markets
3. Contributing to sustainable economic growth

SGX Welcomes Dasin Retail Trust To Mainboard

Date 20/01/2017

Singapore Exchange (SGX) today welcomed Dasin Retail Trust to Mainboard under the stock code “CEDU”.  

Statement From A US Treasury Spokesperson:

Date 20/01/2017

To ensure the smooth continuity of leadership at the Department of the Treasury, Acting Under Secretary Adam Szubin will serve as Acting Secretary of the Treasury, effective January 20, 2017. He will serve in that capacity until a new Secretary is confirmed and in place. At that point, Mr. Szubin will leave government service to pursue other endeavors.

Speech By Federal Reserve Chair Janet L. Yellen At The Stanford Institute For Economic Policy Research, Stanford University, Stanford, California, January 19, 2017, The Economic Outlook And The Conduct Of Monetary Policy

Date 20/01/2017

 Watch live 

It is a privilege to be here today to discuss how the Federal Reserve is conducting monetary policy to promote a healthy economy. For more than 30 years, research from the Stanford Institute for Economic Policy Research has informed economic policy, and events such as this one have helped foster debate among scholars, policymakers, business leaders, and members of the public on critical economic issues facing our nation. I appreciate the opportunity to participate.

US Department Of Justice: Western Union Admits Anti-Money Laundering And Consumer Fraud Violations, Forfeits $586 Million In Settlement With Justice Department And Federal Trade Commission - Company Also Agrees To Implement Anti-Fraud Program And Enhanced Compliance Obligations In Agreements With Federal Authorities

Date 19/01/2017

The Western Union Company (Western Union), a global money services business headquartered in Englewood, Colorado, has agreed to forfeit $586 million and enter into agreements with the Justice Department, the Federal Trade Commission (FTC), and the U.S. Attorney’s Offices for the Middle District of Pennsylvania, the Central District of California, the Eastern District of Pennsylvania and the Southern District of Florida. In its agreement with the Justice Department, Western Union admits to criminal violations including willfully failing to maintain an effective anti-money laundering (AML) program and aiding and abetting wire fraud.

SEC Establishes Supervisory Cooperation Arrangement With Hong Kong SFC

Date 19/01/2017

The Securities and Exchange Commission today announced that it has established a comprehensive arrangement with the Hong Kong Securities and Futures Commission (SFC) as part of the SEC’s long-term strategy to enhance the oversight of regulated entities that operate across national borders. 

Canadian Securities Administrators Report The Findings Of Their Review Of The Disclosure Of Cyber Security Risks And Incidents

Date 19/01/2017

Staff from the British Columbia Securities Commission, the Ontario Securities Commission and the Autorité des marchés financiers (staff) are publishing today Multilateral Staff Notice 51-347Disclosure of cyber security risks and incidents (Staff Notice 51-347). The notice reports the findings of a review announced by the Canadian Securities Administrators (CSA) in Staff Notice 11-332 Cyber Security (Staff Notice 11-332) and provides disclosure expectations for reporting issuers based on those findings.

Gregory Dean Joins FINRA As Senior Vice President, Office Of Government Affairs

Date 19/01/2017

The Financial Industry Regulatory Authority (FINRA) announced today that it has named Gregory J. Dean, Jr. as its Senior Vice President for the Office of Government Affairs. Mr. Dean will start at FINRA on January 30.