News Centre

wegabay.com: BaFin Warns Against Wegabay UG

Date 29/11/2023

The financial supervisory authority BaFin warns against offers from the allegedly Frankfurt-based Wegabay UG. According to information available to BaFin, the company offers banking transactions and financial services on its website wega-bay.com without authorisation.

Emirates NBD And DIFC Launchpad Announce ‘National Digital Talent Incubator’ Program To Build Next Generation of UAE Global Founders

Date 29/11/2023

• Incubator program supported by network of world-class industry partners including Visa, Microsoft and Dell Technologies
• Part of bank's commitment to attracting and developing UAE's national talent pool
• Collaboration to further companies' shared objective of contributing to Dubai's innovation and GDP growth ambitions
• Joint Initiative, led by Emirates NBD and DIFC Launchpad, strengthens long-term strategic partnership with DIFC

HKEX: Exchange Publishes The Guide For New Listing Applicants

Date 29/11/2023

• Exchange publishes the Guide for New Listing Applicants (the Guide), which consolidated and enhanced all currently effective guidance letters and listing decisions related to New Listing
• The Guide will come into effect on 1 January 2024, upon which the corresponding guidance letters and listing decisions will be archived

Securities Commission Malaysia Charges Former Company Director For Money Laundering Offences Involving Over RM1.23 Million

Date 29/11/2023

The Securities Commission Malaysia (SC) today charged Muhamad Fadzli Jamaludin (Fadzli), a former director of Kyaputen Sdn Bhd, with money laundering offences involving more than RM1.23 million from unlicensed fund management activities.

UAE Securities And Commodities Authority’s CEO Dr. Maryam Butti Al Suwaidi’s Statement On The UAE’s 52nd National Day

Date 29/11/2023

It gives me great pleasure on this occasion to extend, in my name and in the name of the Securities and Commodities Authority, my heartfelt congratulations to the UAE President His Highness Sheikh Mohammed bin Zayed Al Nahyan; his brother His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai; their brothers Their Highnesses Members of the Supreme Council and Rulers of the Emirates; the UAE people; and everyone living on this land.

Bursa Malaysia Inter-Varsity Stock Challenge 2023 Concludes With Much Success

Date 29/11/2023

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”), today announced the successful conclusion of the Bursa Inter-Varsity Stock Challenge 2023. The Bursa Inter-Varsity Stock Challenge is part of the Exchange’s ongoing commitment to foster a new generation of informed, confident investors through practical, hands-on experience on stock trading.

Nasdaq Launches New Technology To Scale Global Carbon Markets

Date 29/11/2023

• Technology Securely Digitizes the Issuance, Settlement, and Custody of Carbon Credits
• Service Uses Smart Contract Language, Deployed via Private Centralized Database or Private, Blockchain Technology for Enterprises
• Puro.earth to Register Carbon Removal Credits Using the Technology

Financial Markets To Close For The UAE’s 52nd National Day On Monday, December 2

Date 29/11/2023

Pursuant to the announcement made by the Cabinet—chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister, and Ruler of Dubai—concerning the UAE’s 52nd National Day holiday, the Securities and Commodities Authority (SCA) declared that after having coordinated with the Abu Dhabi Securities Exchange and the Dubai Financial Market, these markets will close from Saturday, December 2 until Monday, December 4. Trading will resume on Tuesday, December 5.

UK Financial Conduct Authority: Personal Investment Firms That Give Bad Advice To Hold Capital For Redress

Date 29/11/2023

The FCA has announced today proposals to require personal investment firms to set aside capital so that they can cover compensation costs and ensuring the polluter pays when consumers are harmed. 

MNI Indicators: MNI China Liquidity Index™ – November Still Tight - Key Points – November Report

Date 29/11/2023

China interbank liquidity eased modestly in November, retreating from October’s nine-month high, as the central bank injected funds to deal with liquidity pressure.