News Centre

China Exchanges Services Co Index Report For January 2016

Date 19/02/2016

Highlights

• The CES Stock Connect Hong Kong Select 100 Index (CES SCHK100) had the smallest month-on-month decline in January 2016 among key Mainland and Hong Kong indices.
• Many of the world’s major stock market indices were down in January 2016 from the previous month. 
• Some A-share ETFs in Hong Kong were traded at a premium in January 2016.   

ASEAN+3 Macroeconomic Research Office – Singapore Hosts First ASEAN+3 International Organisation

Date 19/02/2016

The ASEAN+3 Macroeconomic Research Office (“AMRO”) held its opening ceremony in Singapore today to commemorate its establishment as an international organisation. AMRO was formally accorded the legal status of an international organisation on 9 February 2016, when the agreement signed by ASEAN+3 member states to establish AMRO entered into force. AMRO is the first international organisation established by the ASEAN+3 member states and is headquartered in Singapore. It has close to 40 staff from ASEAN+3 countries.

International Customer Trades Hit 50.8% of Total Volume At TOCOM In January 2016 – An All-Time High

Date 19/02/2016

The Tokyo Commodity Exchange, Inc announced today that the January 2016 monthly volume of customer trades (combined sell & buy sides) originating overseas was 2,486,232 contracts, accounting for 50.8 percent of the total trades of 4,898,562 contracts. This surpassed the previous record ratio of 49.8 percent with 2,394,206 contracts in August 2015.

VimpelCom Limited And Unitel LLC Enter Into Global Foreign Bribery Resolution Of More Than $795 Million - United States Seeks $850 Million Forfeiture In Corrupt Proceeds of Bribery Scheme - Companies Agree To Pay $230 Million U.S. Criminal Fine In Connection With Foreign Corrupt Practices Act Resolution - Largest Case Ever Brought Under The Kleptocracy Asset Recovery Initiative

Date 19/02/2016

Amsterdam-based VimpelCom Limited, the world’s sixth-largest telecommunications company and an issuer of publicly traded securities in the United States, and its wholly owned Uzbek subsidiary, Unitel LLC, entered into resolutions with the Department of Justice today in which they admitted to a conspiracy to make more than $114 million in bribery payments to a government official in Uzbekistan between 2006 and 2012 to enable them to enter and continue operating in the Uzbek telecommunications market. 

VimpelCom To Pay $795 Million In Global Settlement For FCPA Violations

Date 19/02/2016

The Securities and Exchange Commission today announced a global settlement along with the U.S. Department of Justice and Dutch regulators that requires telecommunications provider VimpelCom Ltd. to pay more than $795 million to resolve its violations of the Foreign Corrupt Practices Act (FCPA) to win business in Uzbekistan.

Ontario Securities Commission Releases Results Of Insider Reporting Compliance Review

Date 18/02/2016

The Ontario Securities Commission (OSC) today published OSC Staff Notice 51-726 Report on Staff’s Review of Insider Reporting and User Guides for Insiders and Issuers, which sets out the results of its review of the continuous disclosure records and insider filings of 100 reporting issuers whose principal regulator is Ontario.

IIROC Issues Compliance Priorities Report For 2015/2016 - Signals Key Surveillance And Exam Priorities For Coming Year

Date 18/02/2016

The Investment Industry Regulatory Organization of Canada (IIROC) today published its annual Compliance Priorities Report outlining its key compliance and registration priorities for 2016.

BM&FBOVESPA Announces Results For The Fourth Quarter Of 2015

Date 18/02/2016

• Operating income grew 16.5% driven by a solid performance in derivatives and in other revenues not related to volumes traded, combined with effective expenses control
• IFRS net income was negatively impacted by a non-cash impairment of assets in the amount of R$1.7 billion (R$1.1 billion, net of tax)
• Adjusted net income1 increased by 43.1% reflecting solid operating performance, increased financial results and reduction in tax expenses due to the payment of interest on capital

Federal Reserve Board Issues Interim Final Rule Regarding Dividend Payments On Reserve Bank Capital Stock

Date 18/02/2016

The Federal Reserve Board on Thursday issued an interim final rule that amends Regulation I to implement provisions of the Fixing America's Surface Transportation (FAST) Act. The FAST Act reduced the dividend rate applicable to Reserve Bank depository institution stockholders with total assets of more than $10 billion (large member banks) to the lesser of 6 percent or the most recent 10-year Treasury auction rate prior to the dividend payment. The dividend rate for other member banks remains at 6 percent. Reserve Banks typically pay dividends to member banks in June and December each year.

SIFMA President And CEO Kenneth E. Bentsen, Jr. Named Chairman Of Financial Services Industry's Engage China Coalition

Date 18/02/2016

SIFMA announced today that the members of the Engage China coalition have agreed the Honorable Kenneth E. Bentsen, Jr. will take over as chairman.  Mr. Bentsen is currently the president and CEO of SIFMA and the CEO of the Global Financial Markets Association (GFMA).  From 1995 to 2003, he served as a Member of the United States House of Representatives from Texas, where he sat on the House Financial Services Committee (and its predecessor House Banking and Financial Services Committee), and separately on the House Budget Committee.  Prior to his service in Congress, Mr. Bentsen was an investment banker at both a major Wall Street firm and a large regional firm, where he specialized in municipal and mortgage finance.