October 03, 2016 BY Valentina Kirilova

Emerging market regulators seek to strengthen corporate governance

The Growth and Emerging Markets (GEM) Committee of the International Organization of Securities Commissions (IOSCO) has published a report that seeks to strengthen corporate governance frameworks. The Report on Corporate Governance in Emerging Markets identifies possible measures and regulatory approaches aimed at strengthening corporate governance in emerging market jurisdictions and aligning regulatory frameworks with internationally recognized…

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October 03, 2016 BY Valentina Kirilova

SFC reminder on expanded Short Position Reporting

The Securities and Futures Commission (SFC) reminds all relevant market participants that with effect on 15 March 2017, reporting will be required for reportable short positions in all Designated Securities eligible for short selling specified by The Stock Exchange of Hong Kong Limited. Market participants are further reminded to ensure that they have systems and…

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October 03, 2016 BY Valentina Kirilova

Aaron W. Lipson named as Associate Regional Director for Enforcement in the SEC’s Atlanta Regional Office

The Securities and Exchange Commission (SEC) has announced that Aaron W. Lipson has been named the Associate Regional Director for enforcement in the Atlanta office. Mr. Lipson began working in the Division of Enforcement in the Atlanta office in 2004 as a staff attorney, before becoming an Assistant Regional Director in 2010. In 2010, he also…

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October 03, 2016 BY Valentina Kirilova

FCA warns on Quick Loans firm

UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Quick Loans. The company is not authorised by the FCA but has been targeting people in the UK. To see the official FCA warning, click here.

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October 03, 2016 BY Valentina Kirilova

Hong Kong SFC adds Top Binary Signals to its alert list

Hong Kong’s financial regulator the Securities and Futures Commission (SFC) has updated its Alert List, which features the names of businesses that are unlicensed in Hong Kong and are believed to be, or to have been, targeting Hong Kong investors or claim to have an association with Hong Kong. Added to the SFC Alert List…

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October 03, 2016 BY LeapRate Staff

IMF adds Chinese Renminbi to SDR Basket: What does it mean?

With the International Monetary Fund (IMF) announcement of the launch of the new Special Drawing Right (SDR) valuation basket including - for the first time - the Chinese Renminbi (RMB), we are pleased to present some comments on what this means from two FX / China experts: Rachael Hoey, Head of Asia at CLS and Dan Marcus, CEO…

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October 03, 2016 BY Valentina Kirilova

Swissquote Bank liquidity is now available in MetaTrader 5

Swiss online trading, banking and investment services provider Swissquote Group Holding SA (SWX:SQN) added hedging capabilities to its MT5 platforms just a month ago. Now, forex trading platform developer MetaQuotes continues expanding its list of liquidity providers for the MetaTrader 5 multi-asset platform –Swissquote has become the seventh one. The MetaTrader 5 Gateway to Swissquote has been developed by Swissquote…

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October 03, 2016 BY Valentina Kirilova

ASIC commences civil penalty proceedings against Vocation Limited (in liquidation)

ASIC has commenced proceedings in the Federal Court of Australia in Sydney against Vocation Limited (in liquidation) and the company's former executive managing director, Mr Mark Hutchinson; former non-executive chairman, Mr John Dawkins; and former company secretary and Chief Financial Officer, Mr Manvinder Gréwal. The proceedings arise out of ASIC's investigation of events leading to…

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October 03, 2016 BY Valentina Kirilova

SGX collaborates with Member firms to address market misconduct

Singapore Exchange (SGX) has launched two initiatives in collaboration with Member firms to detect and stop market misconduct, foster good trading practices and maintain a fair, orderly and transparent marketplace. The initiatives complement SGX’s existing real-time trade surveillance, Member inspections and enforcement actions. SGX also regularly discusses with Members any unusual trading behaviour. The first initiative…

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