Hong Kong Exchanges and Clearing Limited (HKEX) announced today (Friday) that it plans to implement Phase 2 of its securities market's Closing Auction Session (CAS) in the early third quarter of 2017, subject to relevant regulatory approvals by the Securities and Futures Commission. In 2015, HKEX concluded after a public consultation that the CAS would…
Read moreLondon Stock Exchange Group (LSEG) today signed a Memorandum of Understanding (MoU) with the Kenyan Ministry of Energy and Petroleum. This is the first agreement signed between LSEG and the Government of Kenya. The agreement, signed by Charles Keter, Cabinet Secretary for Energy and Petroleum, and Nikhil Rathi, CEO, London Stock Exchange plc outlines both…
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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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Deutsche Börse announced that the new smart beta equity index ETF issued by BNP Paribas Easy has been tradable via Xetra and Börse Frankfurt since Thursday. The BNP Paribas Easy iSTOXX MUTB Japan Quality 150 UCITS ETF enables investors to participate in the performance of the iSTOXX MUTB Japan Quality 150 Index. Companies are selected…
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On 23 May 2017, following a two-day committal hearing at the Sydney Downing Centre, Local Court Magistrate Greg Grogin did not commit Mr Darren Wayne Thompson for trial on any of the 11 charges of procuring insider trading, ASIC announced earlier today. Mr Thompson was formerly employed by Credit Suisse Management Australia, most recently as…
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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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ASIC released Report 525 Promoting better behaviour: Spot FX today. This report sets out ASIC's observations on key behavioural drivers of conduct arising from recent ASIC investigations into the wholesale spot foreign exchange (FX) businesses of the major Australian financial institutions. The spot FX market is a key global market and is of systemic importance…
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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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The Securities and Exchange Commission (SEC) announced that Peter Uhlmann has been named the managing executive in the Office of Chairman Jay Clayton. Mr. Uhlmann will advise Chairman Clayton in matters relating to agency administration, operations, and management, and will serve as the Chairman's primary liaison to divisions and offices on these matters. I am pleased…
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ASIC announced earlier today that the Supreme Court of Queensland has disqualified from managing corporations and imposed financial penalties on four former officers and the funds manager of MFS Investment Management Limited (MFSIM), now known as ACN 101 634 146 (in liquidation), whom the court found did not act honestly in carrying out their duties…
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