Category: Financial Services

December 18, 2017 BY Valentina Kirilova

Shenzhen Stock Exchange Signs MOU With Lao Securities Exchange

On 12th December, Shenzhen Stock Exchange (SZSE) signed a Memorandum of Understanding (MoU) with Lao Securities Exchange (LSX). As per the LOU, both parties shall deepen collaboration on information sharing, personnel exchanges, platform construction, market and product development, etc. General Manager of SZSE Wang Jianjun and CEO of LSX Vanhkham Voravong were present at the…

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SGX announces trading volumes
December 18, 2017 BY Valentina Kirilova

SGX welcomes Clearbridge Health Limited to Catalist

Singapore Exchange (SGX) announced that it has welcomed Clearbridge Health Limited to its Catalist under the stock code “1H3”. Clearbridge Health Limited is a healthcare company focused on the delivery of precision medicine in Asia. It aims to empower clinicians and healthcare professionals to make more reliable and accurate diagnoses, provide insights to disease management,…

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London Stock Exchange Group ELITE
December 18, 2017 BY Valentina Kirilova

LSEG's Elite continues global expansion in China

Elite, London Stock Exchange Group’s international business support and capital raising programme, announced that it has signed a Memorandum of Understanding (MoU) with Shenzhen Securities Information Company (SSIC), a wholly owned subsidiary of Shenzhen Stock Exchange (SZSE), to support the launch of Elite in China through the creation of the Elite V-Next Alliance. The signing…

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fca warning
December 15, 2017 BY Valentina Kirilova

FCA warns against Giant Global Markets Limited 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 company Giant Global Markets Limited. Giant Global Markets Limited is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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ASEAN Exchanges
December 15, 2017 BY Valentina Kirilova

Bursa Malaysia introduces new trading features to enhance flexibility in trading strategies

Bursa Malaysia Securities Berhad (“Bursa Malaysia” or “the Exchange”) has introduced new trading features, providing alternatives for market participants to efficiently execute a greater variety of trading strategies. The new and enhanced trading features are: Good-Till-Cancel – a new order validity that remains in the order book until it expires after 30 calendar days, or…

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December 15, 2017 BY Valentina Kirilova

Monetary Authority of Singapore helps individuals manage unsecured debts

The Monetary Authority of Singapore (MAS) announced today a new measure to help borrowers avoid accumulating excessive unsecured debts. The Credit Limit Management Measure will cap the additional unsecured credit that a financial institution (FI) may extend to a borrower whose outstanding unsecured debts exceed six times his monthly income. This measure will take effect…

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Moment of Truth: ESMA now requires the online publication of RTS27 and RTS28 reports
December 15, 2017 BY Valentina Kirilova

ESMA consults on draft RTS for prospectuses

The European Securities and Markets Authority (ESMA) today launched a consultation on draft Regulatory Technical Standards (RTS) under the new Prospectus Regulation (Regulation (EU) 2017/1129). These RTSs set out a number of requirements concerning the following topics: The key financial information that should appear in the summary of the prospectus; Data and machine readability of…

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CySEC fine
December 15, 2017 BY Valentina Kirilova

CySEC fines CIF licensed Centralspot Trading Ltd €50.000

The Board of the Cyprus Securities and Exchange Commission (CySEC) announced that it has decided to impose a total administrative fine of €50,000 to CIF Centralspot Trading Ltd for non-compliance with: Section 28(1) of the Investment Services and Activities and Regulated Markets Law of 2007, as amended from time to time (‘the Law’), as it…

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fca warning
December 15, 2017 BY Valentina Kirilova

FCA warns against Morgan Consultancy Group

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 company Morgan Consultancy Group. Morgan Consultancy Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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