Singapore Exchange (SGX) announced the re-designation of Professor Hans Tjio as the Deputy Chairman of the Listings Advisory Committee (LAC) and the appointment of Mr Goh Kian Hwee as a member of the LAC with effect from 5 July 2017. The appointments are made in consultation with the Monetary Authority of Singapore. Professor Tjio who…
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The U.S. Commodity Futures Trading Commission (CFTC) announced that it has issued an Order of Registration to LedgerX LLC, granting it registration status with the CFTC as a Swap Execution Facility (SEF). LedgerX is a limited liability company registered in Delaware with its primary place of business in New York, NY. CFTC has approved the…
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The International Organization of Securities Commissions (IOSCO) has published today the consultation paper titled Recommendations of Liquidity Risk Management for Collective Investment Schemes, which seeks to address structural vulnerabilities arising from asset management activities, as part of its mission to protect investors and mitigate systemic risk in global financial markets. IOSCO also published today another…
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The European Securities and Markets Authority (ESMA) has issued a public consultation regarding its future technical advice to the European Commission (EC) on the Short-Selling Regulation (SSR). ESMA publishes this consultation paper to seek the views of market participants on the three main elements of its advice to the EC: the scope and functioning of…
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An ASIC investigation of a number of advice licensees within the National Australia Bank Group (NAB Group), for failing to disclose relationships between advisers, advice licensees, and other members of the NAB Group that issue investment products, has resulted in corrective disclosure being made to customers. The non-disclosure occurred when customers were advised to acquire…
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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 53 Capital Trade. 53 Capital Trade is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The Hong Kong Securities and Futures Commission (SFC) has issued a Restriction Notice on W. Falcon Asset Management (Asia) Limited (W. Falcon) to safeguard the assets of the firm and its clients, and to protect the interest of its clients and the investing public. The restriction notice is to prohibit the firm, without the SFC’s…
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Financial Stability Board reinforces latest Saxo Payments White Paper Research The findings from the latest Financial Stability Board (FSB) underlines the ongoing challenges faced by businesses, when trading internationally, reinforcing the findings produced in Saxo Payments White Paper Cross Border Payments for Cross Border Merchants – An Internationally ‘Local’ Future – published last week. Anders…
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The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), announced the appointment of members to the Listing Committee of the Main Board and Growth Enterprise Market (GEM) (together, the Listing Committee). The Listing Rules of the Main Board and GEM provide for all Listing…
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TMX Group Limited (TSX:X) just announced June 2017 trading statistics for its marketplaces – Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange (Alpha), Montréal Exchange (MX) and NGX. MX set a new all-time record for total volume in June, surpassing 10 million derivatives contracts traded for the first time in history. MX's key products…
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