June 2020 update of position limits for some commodity
derivative contracts
FCA Press Release, 16 Jun 2020
The Financial Conduct Authority (FCA) has today published
updated position limits for certain commodity derivative contracts traded on
ICE Futures Europe. These limits are published in advance of the publication of
ESMA Opinions on the limits, and may change in light of an ESMA opinion, or in
the event that we decide it is necessary. This is in accordance with the
statements of ESMA and of the FCA published on 28 September 2017.
Full Text: Click Here
Form 22 - Notice of Commencement of Business by Person
Exempted from Holding Capital Markets Services Licence to carry on Business in
Advising on Corporate Finance under Paragraph 7(1)(b) of the Second Schedule to
the Regulations
MAS News, 16 Jun 2020
New corporations should submit Form 22 to
webmaster@mas.gov.sg in a single password-protected zip file together with any
accompanying attachments in machine-readable format. An MAS officer will
contact you for the password.
Full Text: Click Here
China sends former insurance regulator Xiang Junbo to 11 years in prison
for accepting 18 million yuan in bribes
SCMP, 16 Jun 2020
The former chairman of the China Insurance Regulatory Commission (CIRC)
before the industry regulator was merged with the bank supervisory body, was
sentenced by the Changzhou Intermediate Court in Jiangsu province, according to
a statement. The former official, who also served as deputy governor of the
Chinese central bank, was fined 1.5 million yuan and had his assets
confiscated.
Full Text: Click Here