November 29, 2016 BY Valentina Kirilova

OSC announces two new Commissioner appointments

Ontario Securities Commission (OSC) Chair and CEO Maureen Jensen has announced today the following appointments to the OSC. The Commissioners will each serve a two-year term effective November 16, 2016. Philip Anisman, BA, LLB, LLM, JSD has almost 50 years of experience teaching and practising securities and corporate law. A former professor of law and…

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sec building
November 29, 2016 BY Valentina Kirilova

SEC votes to renew Equity Market Structure Advisory Committee

The Securities and Exchange Commission (SEC) has announced that the Commission voted to renew the Equity Market Structure Advisory Committee’s charter until August 2017 with the current membership. The committee’s charter was originally scheduled to expire in February 2017. The committee provides a formal mechanism through which the Commission can receive advice and recommendations specifically…

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November 29, 2016 BY Valentina Kirilova

FCA warns on clone firm of Zimmermann Global

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Zimmermann Global. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…

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November 29, 2016 BY Valentina Kirilova

Bursa Malaysia Securities reprimands SKP resources Berhad and fines 3 Executive Directors a total of RM200,000

Bursa Malaysia Securities Berhad has publicly reprimanded SKP Resources Berhad and 3 executive directors, for breaches of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (Main LR). In addition, the 3 executive directors of SKP were fined a total of RM200,000. SKP had verbally disclosed the Contract including the contract value to 2…

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November 29, 2016 BY Valentina Kirilova

SFC announces mandatory online submission of individual licensing applications

The Securities and Futures Commission (SFC) has just announced that with effect from 1 February 2017, all individual applicants and licensees will be required to submit their licensing applications, notifications and annual returns via the SFC Online Portal, with the view of improving the efficiency of processing licensing-related matters. This will not apply to corporate…

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November 29, 2016 BY Valentina Kirilova

Paweł Ostrowski is the new CEO Of Polish Power Exchange

The Extraordinary General Meeting of the Polish Power Exchange held on 28 November 2016 has appointed Paweł Ostrowski the President of the Management Board of the Polish Power Exchange. The change on the Management Board of the Polish Power Exchange appointing Paweł Ostrowski the President of the Company’s Management Board takes effect subject to the…

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November 29, 2016 BY Valentina Kirilova

Clearstream: Wealth management firms will prioritise improved operational efficiency next year

The majority of wealth management firms will prioritise improved operational efficiency and client asset protection in the next 12 months. This is one of the findings of a recent Clearstream-commissioned survey among wealth management firms conducted by Goodacre, the leading specialist consultancy for the securities industry in the UK. The survey report ‘The Wealth Landscape:…

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