The High Court today informed that it has found that the Securities Commission Malaysia (SC) had successfully proven an insider trading case against Chan Soon Huat, a former founder and director of WCT Bhd (WCT). In the suit that was filed in 2015, the SC claimed that Chan had breached section 188(2)(a) of the Capital…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Cross Ocean Adviser. 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…
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National Settlement Depository (NSD), Russia’s central securities depository, announced that it has successfully passed all stages of the accreditation process by the Global Legal Entity Identifier Foundation (GLEIF) and has been granted Local Operating Unit (LOU) status. NSD is the first and only company in Russia and the CIS countries that has received accredited LOU…
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On January 19, Hongshi Holding Group Co., Ltd. announced that it has successfully issued the "Belt and Road" (B&R) construction corporate bond on the Shanghai Stock Exchange (SSE), which was also the first B&R construction corporate bond publicly offered by a domestic enterprise. The success in launching the corporate bond marked another move taken by…
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The Irish Stock Exchange (ISE) announced that it has been accredited by Global Legal Entity Identifier Foundation (GLEIF) as a provider for Legal Entity Identifier (LEI) services. The ISE operates its LEI services through ISEdirect, its online services website. Accreditation from GLEIF is a globally recognised designation of an organisation’s commitment to LEI data quality…
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The Monetary Authority of Singapore (MAS) has issued prohibition orders against Mr Tan Peng Khoon. Mr Tan will be prohibited for a period of 8 years from: carrying on business and taking part in the management of any insurance intermediary under the Insurance Act; and providing any financial advisory service, and taking part in the…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) today announced Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) has included Cboe BZX Exchange, Inc. in its List of Approved Stock Exchanges. The recognition of Cboe’s BZX Exchange should help further facilitate investment in the region in Cboe-listed securities by allowing funds to be eligible to be approved…
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Hong Kong Exchanges and Clearing Limited (HKEX) announced that it will introduce its new securities trading system for the Hong Kong market, the Orion Trading Platform - Securities Market (OTP-C), on Monday, 5 February 2018, replacing the current AMS/3.8 system, an upgraded version of the AMS/3 system rolled out in 2000. The rollout of OTP-C…
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SZSE attaches much importance to risk management and informed that it has been actively exploring a perfect mode of risk management. By now, SZSE has formed an overall risk management system based on evaluation and prevention beforehand, control and handling of risks at their occurrence, and summary and improvement afterward at different stages of risk…
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Blackwell Global Hong Kong announced today the acquisition of the Hong Kong Securities and Futures Commission asset management license (SFC Type 9 License No. BJU094). Having built a wealth of resources and established market advantage through the Blackwell Global Group’s presence in multinational financial centers, the company is able to provide a wider range of…
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