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  • China will not amend the RMB trading band in the near term, Zhou Xiaochuan, governor of the People’s Bank of China, said on October 19. Zhou made the remarks shortly after the central bank defended its recent changes to the FX rate mechanism in a report.
  • Singapore Exchange (SGX) is stepping up its efforts to attract new listings by partnering with Nasdaq, as Asian issuers increasingly look to tap global investors.
  • SRI
    EU politicians are determined to reach agreement on reforming the EU Emissions Trading System — which has so far eluded them — before the COP 23 meeting in November, and a fresh round of talks will be set up in the next couple of weeks.
  • EU regulators vowed to push ahead with an EU27 version of the 'Capital Markets Union' as they look at life after Brexit.
  • Vice-chair of the European Securities and Markets Authority (ESMA) Anneli Tuominen has said that the body could issue a warning on Initial Coin Offerings (ICOs), a method of capital raising using cryptocurrencies on a blockchain.
  • China will allow the markets to have a greater influence on the renminbi’s exchange rate, Xi Jinping, president of China, said in the opening speech of the 19th Communist Party Congress on Wednesday.