News Centre

Shenzhen Stock Exchange Joined UN Sustainable Stock Exchange Initiative

Date 06/12/2017

On December 3, 2017, General Manager of Shenzhen Stock Exchange (“SZSE”) Wang Jianjun announced that SZSE has officially become the 67th Partner Exchange of UN Sustainable Stock Exchange Initiative (hereinafter referred as “Sustainable Stock Exchange”) on the Global Social Finance Forum 2017 Social Impact Investing Summit. This means that SZSE will play a bigger role in supporting sustainable development and promoting green financial construction.

PEX Monthly Investor Newsletter - November 2017

Date 06/12/2017

Please click here to download the November edition of the PEX Monthly Investor Newsletter.

Martin Adams Joins CloudMargin As Head Of Client Operations - Veteran Derivatives Operations Executive Joins Firm At Period Of Substantial Growth

Date 06/12/2017

CloudMargin<file:///C:/Users/Kari%20Litzmann/Desktop/goo.gl/WRd9vh>, the multi-award winning creator of the world's first web-based collateral and margin management solution, announced that Martin Adams has joined the firm's senior leadership team as Head of Client Operations. Adams is a 26-year veteran of derivatives operations, with extensive experience in over-the-counter (OTC) and listed derivatives, as well as fixed income and foreign exchange (FX) products.

Montenegro Joins ACER Working Groups

Date 06/12/2017

ACER Director, Alberto Pototschnig, and the President of the National Regulatory Agency of Montenegro (RAE), Branislav Prelević, signed today an Administrative Arrangement which will allow experts from RAE to join the Agency’s Electricity Working Group and Gas Working Group as of January 2018. The working groups, composed of representatives of ACER, national regulators and the European Commission, provide input to the Director for the preparation of opinions, recommendations and decisions and provide information to the Agency’s Board of Regulators on the issues relevant to the Director’s proposals.

Shenzhen Stock Exchange Launched The First Long-term Rental Apartment Mortgage Loan Asset-backed Securities In China

Date 06/12/2017

China Merchants Chuangrong - China Merchants Shekou Long-term Rental Apartment Asset-backed Special Plan (hereinafter referred to as ‘China Merchants Shekou Special Plan’) was approved by Shenzhen Stock Exchange (‘SZSE’) on 1 December, 2017, and would be issued soon. It is the first long-term rental apartment mortgage loan asset-backed securities (hereinafter referred to as ‘CMBS’) in China, and also the housing rental asset-backed securities with the largest shelf offering size. Its success in receiving the approval is not only a phased achievement of serving housing rental market development by asset-backed securities, but also another attempt of innovation in long-term rental apartments after China Young Professionals Apartments, the first housing rental real estate investment trusts (‘REITs’). It means that quality housing rental enterprises may efficiently expand their financing channel by shelf offering of CMBS, which has a very positive demonstration effect.

HKEX Monthly Market Highlights – November 2017

Date 06/12/2017

HIGHLIGHTS

- Securities Market

• The average daily turnover for the first 11 months of 2017 was $86.9 billion, an increase of 29 per cent when compared with $67.2 billion for the same period last year.

World's First Cryptocurrency POS Device Appears At FinTech Connect Live 2017 - Pundi X Showcases Its POS Solution To Make Bitcoin And Other Cryptocurrencies Available To The Vast "Unbanked" Population

Date 06/12/2017

Pundi X, a cryptocurrency point-of-sale ("POS") solutions provider for retail stores, is making its debut appearance in Europe at the 2017 FinTech Connect Live Expo, where it will showcase its Pundi X POS device on booth P49 from December 6-7. Retail stores seeking to accept cryptocurrencies are able to offer their customers a smooth transaction experience via the Pundi X POS device. Connected to the Bitcoin, Ethereum, NEM, and QTUM blockchains, the Pundi X POS device will enable consumers to easily buy or sell cryptocurrencies using fiat money (USD, EUR, GBP, etc.), bank card, mobile wallet or with an NFC-enabled Pundi X Pass.

Payments Harmonization – Banks Finish Migration To ISO 20022

Date 06/12/2017

208 banks have completed the migration to the new ISO 20022 technology standard on schedule. This means all participants on the SIX Interbank Clearing payment system are ready for the next step: switchover of payment transactions for their business customers by the end of June 2018. From this time onward, all payment transactions will be processed using only ISO 20022. This will make the process much easier for all market participants and will strengthen the competitiveness of the entire Swiss financial and economic center.

UK’s Financial Conduct Authority Fines Bluefin £4m For Misleading Customers

Date 06/12/2017

The Financial Conduct Authority (FCA) has today fined Bluefin Insurance Services Limited (Bluefin) £4,023,800 for having inadequate systems and controls and failing to provide information to its customers about Bluefin’s independence in a way that was clear, fair and not misleading.

Japan's Financial Services Agency: Update On Progress Toward Further Efficiency And Transparency In The Screening Procedures For Licensing And Registration Of Financial Businesses

Date 06/12/2017

In the 2016-2017 Strategic Directions and Priorities published in October 2016, the FSA indicated its policy direction to “execute proper progress management for registration/licensing procedure by list method for greater efficiency and transparency of financial regulation.”