Category: Financial Services

March 24, 2017 BY Valentina Kirilova

HKEX introduces 5-year China Ministry of Finance Treasury Bond Futures

Hong Kong Exchanges and Clearing Limited (HKEX) announced that will introduce 5-year China Ministry of Finance Treasury Bond (MOF T-Bond) Futures on Monday, 10 April 2017. HKEX’s MOF T-Bond Futures will be the offshore markets’ first futures on domestic Chinese government bonds. HKEX is introducing the new futures to meet international investors’ growing demand for…

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ESMA bond liquidity data
March 24, 2017 BY Valentina Kirilova

ESMA sees increase in financial consumer complaints

The number of complaints regulators have received in the first half of 2016 by financial consumers has increased, the European Securities and Markets Authority (ESMA) says. ESMA’s recent report on trends, risks and vulnerabilities (TRV) reveals that the total number of complaints reported across the EU was 7,026 in 1H16 compared to 5,152 in 2H15.…

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March 24, 2017 BY Valentina Kirilova

SFC fines Merrill Lynch Far East Limited & Merrill Lynch Limited $15 million over internal control failures

The Securities and Futures Commission (SFC) has resolved its concerns with Merrill Lynch Far East Limited (MLFE) and Merrill Lynch (Asia Pacific) Limited (MLAP) over internal control failures. Under the resolution, the SFC reprimanded and fined them a total of $15 million for breaches of the Code of Conduct and the Internal Control Guidelines. In…

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March 24, 2017 BY Valentina Kirilova

Euronext launches CAC 40 Governance Index with Vigeo Eiris

Euronext and Vigeo Eiris today launched the CAC 40® Governance Index, a thematic index that rates companies in the Paris market’s benchmark CAC 40 index on their corporate governance performance. The CAC 40® Governance Index takes the constituent stocks of the CAC 40 index and weights the components based on their corporate governance score, using…

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March 24, 2017 BY Valentina Kirilova

FCA warns against Liberty Specialty Markets clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Liberty Specialty Markets/ Liberty Corporate Capital Markets. 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…

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March 24, 2017 BY Valentina Kirilova

ASIC cancels AFS licences for failing to lodge annual statements

ASIC has cancelled the Australian financial services (AFS) licences of Rebate Financial Services Pty Ltd and Capstone Capital Pty Ltd for failing to comply with a number of their key obligations as financial services licensees. In particular, ASIC has found that the two licensees failed to: lodge annual financial statements and auditor's reports; and maintain…

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ESMA bond liquidity data
March 23, 2017 BY Valentina Kirilova

ESMA publishes two sets of guidelines under CSDR

The European Securities and Markets Authority (ESMA) has issued final reports on two sets of guidelines regarding the implementation of the Central Securities Depositary Regulation (CSDR). The CSDR harmonises the settlement of securities by providing a set of common requirements for central securities depositories (CSDs) operating securities settlement systems. SMA’s guidelines, which complement the CSDR…

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Nasdaq Dubai
March 23, 2017 BY Valentina Kirilova

Nasdaq Dubai: Trading begins in ENBD REIT following US$105 million IPO

Trading began today in shares of ENBD REIT following its 105 million US dollar initial public offering (IPO) on Nasdaq Dubai, the region’s international exchange. ENBD REIT is a Sharia’a-compliant Real Estate Investment Trust (REIT) managed by Emirates NBD Asset Management and established in Dubai International Financial Centre (DIFC). Abdul Wahed Al Fahim, Chairman of…

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Nasdaq Copenhagen Improves Small Cap Market Access For Non-Nordic Trading Members
March 23, 2017 BY Valentina Kirilova

Nasdaq Nordic and Baltic Exchanges launch voluntary ESG Reporting Guide

Nasdaq (Nasdaq: NDAQ) today announced that its Nordic and Baltic exchanges in Stockholm, Helsinki, Copenhagen, Iceland, Tallinn, Riga and Vilnius have issued a voluntary support program on environmental, social and governance (ESG) disclosure to support their listed companies. Many of the companies listed on the Nasdaq Nordic and Baltic exchanges are already global leaders in…

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