The Hong Kong Securities and Futures Commission (SFC) announced that it has publicly censured and imposed a 24-month cold-shoulder order against Chan Shing for breaching the mandatory general offer obligation of the Takeovers Code. Chan was the chairman and managing director of Burwill Holdings Limited at the time the breach took place. He and his…
Read moreSolactive has just announced the launch of the Solactive Australian Investment Grade Corporate Bond Select TR Index used as the basis for BetaShares Australian Investment Grade Corporate Bond ETF (CRED). The index seeks to replicate the performance of a portfolio of investment grade, senior corporate bonds denominated in Australian dollars (AUD). The index methodology will…
Read moreAustralian regulator ASIC has announced that it has permanently banned Mr Max Kiattisak Eung (also known as Kiattisak Eungpongpan), of Tempe, New South Wales from providing financial services and engaging in credit activities. Mr Eung was banned following an ASIC investigation into his conduct between March 2016 and December 2016 while he was a financial…
Read moreVanEck has announced that it will partner with SolidX to list a physically-backed bitcoin ETF that will be insured against loss or theft of bitcoin. SolidX will act as the sponsor of the ETF and VanEck will provide marketing services. The two firms will work jointly with regulators. VanEck was the first to file for…
Read moreThe European Energy Exchange (EEX) and SEEPEX, the South East European Power Exchange, have just announced that they have entered into a cooperation for the listing of cash-settled power futures. Pending the approval of the relevant authorities, EEX will list Base Months, Quarters and Year Futures for the Serbian market area. The products will be…
Read moreThe Australian Securities and Investments Commission (ASIC) announced that it has suspended the Australian financial services (AFS) license of Vesta Living Communities Ltd (Vesta) after concluding that it had not maintained adequate compliance measures to meet its license obligations. ASIC found Vesta had not met the organisational competence and financial resource requirements of its license.…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Holzmann Friedrich. 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…
Read moreDeutsche Börse has announced that in May, Eurex‘ Italian BTP segment saw record volumes that were triggered by the forming of the new government. Traded volume more than doubled year-on-year reaching 7 million (+126 percent) while open interest stood at 0.7 million at month-end (+0.2 percent YoY). Overall, Eurex‘ interest rate segment grew by 45…
Read moreSingapore Exchange (SGX) has announced that it has just welcomed Jawala Inc to its Catalist under the stock code “1J7”. Jawala Inc is a forest resource company based in Malaysia with a focus on industrial tree plantations situated in Sabah. Its main business is the management of forestry resources, and the planting and extraction of…
Read moreThe UK Financial Conduct Authority (FCA) has put out details of the cloned firm Gumpold Christian & Co. 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…
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