News Centre

The EBA Publishes Its First Report On The Implementation Of The European Resolution Examination Programme

Date 03/08/2023

With a view to fostering convergence in resolution practices, the European Banking Authority (EBA) today published for the first time a Report which monitors the progress made by resolution authorities in embedding the key topics identified in the EBA’s 2022 European Resolution Examination Programme (EREP) into their respective priorities and resolution colleges in 2022. The Report observes that, overall, resolution authorities incorporated the work priorities set by the EBA, with MREL monitoring being a key focus. The EREP priorities set for 2024 mainly confirmed the areas of focus set for 2023 although with updated specific elements and extension of the operationalisation of the bail-in tool to cover the operationalisation of the resolution strategy more generally.

Deutsche Börse Acquires Outstanding Shares Of Leading Digitised Fund Distribution Platform FundsDLT

Date 03/08/2023

Global market infrastructure provider Deutsche Börse Group will acquire the remaining shares in FundsDLT. The Luxembourg-based company is a leading decentralised platform based on distributed ledger technology (DLT) for end-to-end fund distribution and processing. The acquisition is expected to be completed in the fourth quarter 2023 or the first quarter 2024, subject to regulatory approval. 

The Saudi Arabia Capital Market Authority: Capital Market Institutions Hit A Record In 2022

Date 03/08/2023

The CMA Deputy of Market Institutions, Bander Sulaiman Alayed, reported that the capital market institutions authorized by the Capital Market Authority (“CMA") achieved a net income of SAR 6.1 billion with a 29.8% increase by the end of 2022 (Highest in history), compared to SAR 4.7 billion in 2021. Such a leap was achieved at the time when the CMA was continuing its comprehensive development plan in full cooperation with the capital market system.

Borsa İstanbul’s Opening Bell Rang For Asce Gayrimenkul Yatırım Ortaklığı A.Ş.

Date 03/08/2023

In his address at the Opening Bell Ceremony, Korkmaz Ergun, the CEO of Borsa İstanbul A.Ş., stated the following:

“Distinguished guests,

Today, I welcome you all to your home, to the Opening Bell Ceremony hosted by our Exchange as we celebrate the listing of ASCE Gayrimenkul Yatırım Ortaklığı (REIT) at our Exchange."

The EBA Consults On Technical Standards To Identify Extraordinary Circumstances To Derogate From Certain Requirements In The Area Of Market Risk

Date 03/08/2023

The European Banking Authority (EBA) today launched a public consultation on draft Regulatory Technical Standards (RTS) to identify extraordinary circumstances of market disruption, permitting to waive certain requirements for the calculation of own funds requirements for market risk on the basis of internal models. The consultation runs until 3 November 2023.

EDHEC-Risk Climate Impact Institute Comments On Final European Sustainability Reporting Standards

Date 03/08/2023

EDHEC-Risk Climate Impact Institute welcomes preservation of the double materiality principle and broad coverage of Environmental, Social and Governance issues; regrets the European Commission’s decision to dispense with unconditional disclosure of key indicators of corporate sustainability; expresses concerns about the availability and quality of disclosures; and calls for industry efforts to standardise materiality assessments to reduce the cost and enhance the relevance of disclosures.

Signing A Memorandum Of Understanding Between Amman Stock Exchange And United Nations Global Compact Network Jordan

Date 03/08/2023

On Tuesday 25/07/2023, the Amman Stock Exchange (ASE) signed a memorandum of understanding (MOU) with the United Nations Global Compact Network Jordan (GCNJ). The MOU was signed by the CEO of the ASE Mazen Wathaifi and the Chairman of the GCNJ Raji Hattar. in the presence of the Director of Planning and Institutional Development Department Dr. Rasha Dayyat and from Communication and Media department at the ASE Dr. Malak ' Al Jazazi, and the Executive Director of the Global Compact in Jordan Aya Al-Soki. The MOU aims to increase the role and effectiveness of Jordan's private sector in achieving sustainable development and to strengthen its role in building the foundations and frameworks for achieving its societal responsibility.

Quod Financial Announces A Case Study Using Informatica For Highly Scalable, Ultra-Low Latency Trading Platform To Revolutionize Financial Trading

Date 03/08/2023

Today Quod Financial announced the publication of a case study to review how to build a highly scalable, ultra-low latency financial trading platform using the Informatica Ultra Messaging (UM) product to move high-performance real-time data between distributed applications on-premises and in the cloud.

Saudi Stock Exchange (Tadawul) Monthly Market Reports, Market Reports, Month Ending 31 July 2023

Date 03/08/2023

Click here to download Saudi Stock Exchange's monthly market report.

Vienna Stock Exchange On A Sustainable Success Path: Over 100 Green Bonds In The Vienna ESG Segment

Date 03/08/2023

The Vienna Stock Exchange scores with green issues: The Vienna ESG Segment has been bundling sustainable bonds under particularly high transparency criteria since May 2022 and has now recorded its hundredth green bond. With the first sustainability and gender tier 2 bonds of Akbank, the segment for environmentally sustainable bonds aligned with international standards exceeded 100 listings. Since 2022, the number of ESG bonds on the Vienna Stock Exchange has thus almost doubled (2022/01/01: 53 ESG bonds). Issuers in the Vienna ESG segment have already raised a total of around EUR 20 billion in financing, which benefits the sustainable transformation.