London Stock Exchange opens a Malaysia office; Clearstream and KSD sign an agency deal.

Summary：The London Stock Exchange sets up an office in Malaysia; Clearstream and KSD sign an agreement to facilitate foreign capital in South Korea; CySEC and ISPASS TECHNOLOGIES reach a 60,000-euro settlement.

1. London Stock Exchange Establishes Malaysian Office

The global financial market infrastructure and data provider, London Stock Exchange Group (LSEG), announced the opening of a new office in Kuala Lumpur, Malaysia. This move is aimed at fulfilling its commitment to nurturing local talent and promoting economic growth in Malaysia.

2. Clearstream and KSD Sign Agency Agreement to Facilitate Foreign Access to the Korean Market

Clearstream, the post-trade services provider of Deutsche Börse in Europe, signed an agency agreement with Korean financial institutions on Wednesday (August 30) in Luxembourg, following a Memorandum of Understanding (MOU) with the Korea Securities Depository (KSD) last December.

In April this year, Clearstream was granted Qualified Foreign Intermediary (CFI) status by the Korean National Tax Service (NTS), becoming the first ICSD to enter the Korean market through the conventional IRC investment channel.

3. CySEC Reaches a €60,000 Settlement with ISPASS TECHNOLOGIES for Regulatory Violations

The Cyprus Securities and Exchange Commission (CySEC) has recently announced a settlement agreement with ISPASS TECHNOLOGIES LIMITED, involving a payment of €60,000, which has been fully paid. ISPASS TECHNOLOGIES LIMITED specializes in developing MetaTrader integration and trading plugins. The settlement was reached due to the company's alleged violations of the 2017 Investment Services and Activities and Regulated Markets Law.

Risk Warning and Disclaimer

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.

The End

Previous Next

Comments

Written byTraderKnows

Created date:2023-08-31 07:20

Last Updated:2024-05-08 09:25

Independent Analysis: Manually researched and fact-checked by the TraderKnows Compliance Team, based on public regulatory records.

Wiki

Delivery Point

The delivery point refers to the location agreed upon by the buyer and seller in commodity trading or financial markets for the actual transfer of goods or assets.