News Centre

SEC: Apollo Charged With Disclosure And Supervisory Failures

Date 23/08/2016

The Securities and Exchange Commission today announced that four private equity fund advisers affiliated with Apollo Global Management have agreed to a $52.7 million settlement for misleading fund investors about fees and a loan agreement and failing to supervise a senior partner who charged personal expenses to the funds.

Moscow Exchange: FX Market Trading Schedule In September 2016

Date 23/08/2016

The instruments USDRUB_TOD, USD_TODTOM, EURUSD_TOD and EURUSDTDTM will not be traded on 5 September 2016 as this is a non-business day in the US.

CFTC Orders California Resident Irina Feldman And Her Companies Cindium Inc. And Einstein Exchange Group Inc. To Pay More Than $600,000 For Solicitation Fraud And Misappropriation In Commodity Pool Scheme - All Of Pool Participants’ Funds Were Misappropriated To Pay “Monthly Returns” To Participants And For Personal And Business Expenses

Date 23/08/2016

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Respondents Irina Feldman, Cindium Inc. (Cindium), and Einstein Exchange Group Inc. (Einstein) for committing solicitation fraud and misappropriation in connection with operating a commodity pool that offered foreign currency (forex) and commodity futures transactions, among other investments and for failing to register with the CFTC as Commodity Pool Operators (CPOs) and Commodity Trading Advisors (CTAs) as required. Feldman is a resident of Beverly Hills, California, and Cindium and Einstein are located in Century City, California. None of the Respondents has ever been registered with the CFTC.

DFSA Strengthens Regulatory Co-operation In The UAE

Date 23/08/2016

The Dubai Financial Services Authority (DFSA) today entered into a Memorandum of Understanding (MoU) with the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM). The MoU was signed on behalf of the DFSA by Chief Executive, Mr Ian Johnston, and on behalf of the FSRA  by Chief Executive Officer, Mr Richard Teng, at the offices of the DFSA.

Thai Bourse To Host “Thailand Focus 2016” Focusing National Strategy To Drive Growth

Date 23/08/2016

The Stock Exchange of Thailand (SET), together with Phatra Securities pcl and Bank of America Merrill Lynch, will hold "Thailand Focus 2016" during August 31- September 2, 2016 at the Grand Hyatt Erawan Hotel, Bangkok, under the theme "A New Growth Strategy," enabling foreign funds to meet directly with almost 140 listed firms, aiming to attract investment into Thailand’s promising economy.

SGX Proposes More Targeted MTP Watch-List Criteria With Market Capitalisation Test

Date 23/08/2016

Singapore Exchange (SGX) is proposing to make the entry criteria for the minimum trading price (MTP) watch-list more targeted with the addition of a market capitalisation test.

Hong Kong's Securities And Futures Commission Suspends Ku Yuen Leung For 18 Months

Date 23/08/2016

The Securities and Futures Commission (SFC) has suspended the licence of Mr Ku Yuen Leung, an account executive of BOCOM International Securities Limited (BOCOM), for 18 months from 23 August 2016 to 22 February 2018 for engaging in manipulative activities. 

Abu Dhabi Global Market Establishes Regulatory Collaboration To Enhance Financial Framework And Practice In The UAE

Date 23/08/2016

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) and the Dubai Financial Services Authority (DFSA) today signed a Memorandum of Understanding (MoU) to strengthen mutual cooperation and collaboration. The MoU enables the framework to provide assistance, exchange regulatory information and cooperate to supervise compliance of financial institutions with relevant regulatory requirements.

Thomson Reuters Launches First Asia Apps On Eikon Via App Studio - New Apps By Amareos And Oddup Help Lead The Way For Openness And Innovation In Financial Services

Date 23/08/2016

Thomson Reuters has launched its first two Asia apps on Eikon via App Studio in partnership with FinTech startups Amareos and Oddup. This marks the first time that any Asia-based third-party developer has created an app within Eikon and distributed it directly to Eikon users globally. Based in Hong Kong, Amareos builds tools to analyse millions of news stories and social media posts so that investors can see the psychological state of global markets. Oddup is a data driven research platform that provides analysis and ratings on startups, enabling investors to make more informed investment decisions.

Commerzbank Releases Major New Study On Sub-Saharan Africa

Date 23/08/2016

• The report, 'Tackling the headwinds after the economic turnaround', finds that falling commodity prices since mid-2014 have disrupted the strong progress made by the region's economies over the past decade 
  
  
• There are some success stories despite this, with Ivory Coast exhibiting favourable economic fundamentals and Eastern Africa - including Kenya, Tanzania and Ethiopia -showing solid growth supported by its service sector and investment programmes