Search Results for: OCED
HKEX publishes further information on Shenzhen-Hong Kong Stock Connect to facilitate business and technical preparation
September 28th, 2016
As part of the market communication plan for Shenzhen-Hong Kong Stock Connect (Shenzhen Connect), the Stock Exchange of Hong Kong Limited (SEHK) and Hong Kong Securities Clearing Company Limited (HKSCC), wholly-owned subsidiaries of Hong Kong Exchanges and Clearing Limited ...
CBOE Holdings Agrees to Acquire Bats Global Markets in a $3.2 billion deal
September 26th, 2016
CBOE Holdings, Inc. (NASDAQ: CBOE) and Bats Global Markets, Inc. (Bats: BATS) today announced that they have entered into a definitive agreement, which has been approved by the Board of Directors of each company by unanimous votes of the ...
Advantage Futures penalised for Risk Management and other failures
September 22nd, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Advantage Futures LLC (Advantage), a Chicago-based Futures Commission Merchant (FCM), for failing to diligently supervise the handling of certain commodity interest accounts, for deficient ...
SFC Hong Kong investigates licensed brokerages for inadequate AML internal controls
September 22nd, 2016
The Securities and Future Commission (SFC) of Hong Kong has issued an announcement to inform that its Enforcement Division is investigating a number of cases of SFC licensed brokerages with suspected inadequate anti-money laundering (AML) internal controls and it ...
China Begins To Cut Tariffs For IT Products
September 21st, 2016
China reduced its trade tariffs on 201 information technology (IT) products under the expanded Information Technology Agreement on September 15. The cut to its duty rates follows through with China’s commitments within the expanded Information Technology Agreement (ITA), which ...
KPMG informs regarding distribution of client money of Alpari (Uk) Limited
September 20th, 2016
KPMG has issues an announcement to inform regarding the application to court for directions prescribing a client money distribution proceedings for Alpari (UK) Limited in Special Administration. Below is the announcement as it was published: On 27 July 2016, the ...
Ernst & Young, Former Partners Charged With Violating Auditor Independence Rules
September 20th, 2016
The Securities and Exchange Commission today announced that public accounting firm Ernst & Young has agreed to pay $9.3 million to settle charges that two of the firm’s audit partners got too close to their clients on a personal ...
CFTC Orders JSC VTB Bank and VTB Capital PLC Jointly to Pay a $5 Million Civil Monetary Penalty
September 20th, 2016
The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against banking institutions JSC VTB Bank (VTB), headquartered in St. Petersburg, Russia, and VTB Capital PLC (VTB Capital) for executing fictitious and noncompetitive block trades in Russian ...
SFC reprimands and fines HSBC $2.5 million for regulatory breaches
September 14th, 2016
The Securities and Futures Commission (SFC) has reprimanded and fined The Hongkong and Shanghai Banking Corporation Limited (HSBC) $2.5 million for regulatory breaches and internal control failings related to position limit failures. The disciplinary action follows an SFC investigation ...
Westpac refunds $9.2 million to thousands customers
September 13th, 2016
Westpac Banking Corporation (Westpac) has refunded approximately $9.2 million to 161,414 customers after it failed to waive fees on Westpac and St. George branded savings and transaction accounts over six years. For customers aged under 21 years, Westpac previously ...
