Page 15 - சர்வதேச ஆர்கநைஸேஶந் ஆஃப் பத்திரங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
IFRS Foundation moves ahead on international sustainability standards board
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SEC Filers Can Expect a New Climate from the Biden Administration | Alston & Bird
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HKEX To Implement VCM 2nd Phase Enhancement On 29 March Date
05/03/2021
Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it will implement the second phase enhancement of the Volatility Control Mechanism (VCM) in its securities market on 29 March 2021.
The first phase enhancements were successfully launched in May 2020, and currently only one trigger per applicable security is allowed in each trading session. The second phase enhancement will allow multiple triggers of the VCM per applicable security in the same trading session. We are pleased the first phase of the Volatility Control Mechanism enhancements have been well received by the market. In view of the orderly market operations since the launch of the first phase, we will implement Phase 2 as planned to further strengthen our market integrity,” said HKEX’s Head of Markets Wilfred Yiu.
7
It is over a week since the National Stock Exchange (NSE) came to a slow, grinding halt on 24 February 2021 and we are still none the wiser about exactly what transpired that day.
While conspiracy theories on social media and trader networks abound, the market regulator and the Exchange are silent, barring a hasty, and shockingly inaccurate, press release from the Securities and Exchange Board of India (SEBI).
It is finance minister (FM) Nirmala Sitharaman’s statement that has corrected the picture with the admission that ‘interoperability’ between exchanges failed to work (contrary to SEBI’s press release) and that the stoppage of trading was a serious embarrassment.
SEC Working Toward Global Climate Disclosure Framework
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