News Centre

The Dubai Financial Services Authority Publishes 9th Audit Monitoring Report, Underscoring Strengthened Audit Quality And Transparency Across DIFC

Date 09/07/2026

Highlights of the DFSA Audit Monitoring Report 2024-25:

• First transparency reports published by auditors of Public Listed Companies under DFSA Rules – the DFSA is the first UAE audit regulator to mandate such disclosures.
• A higher proportion of audit engagements rated satisfactory, and fewer unsatisfactory ratings, than in previous cycles.
• 74% increase in total audit fees, reaching US$ 33.5 million – providing the profession with resources to invest in quality.
• Continuing professional development (CPD) hours grew to 10,802 (+17.7% vs previous cycle), in line with the expanding population within DIFC.
• 1,267 financial statement auditor’s reports and 1,968 regulatory reports signed, reflecting continued growth in the DIFC audit market.

Parliamentary Joint Committee On Corporations And Financial Services, Ethics And Accountability - KPMG Hearing, Opening Remarks, 19 June 2026 - Opening Remarks By ASIC Chair Sarah Court On 19 June 2026

Date 09/07/2026

This entire episode has been deeply troubling, and the evidence that we've heard in the course of the day has only served to deepen our concern. We think there has been an egregious and serious breach of trust that contravenes some of the most basic tenets of integrity and honesty in this profession, and there are a couple of points I want to make about that, if you can bear with me. I know it's late in the day.

Hong Kong Securities And Futures Commission Mandates Phishing-Resistant Authentication Methods For Internet Brokers And VATPs To Protect Client Accounts

Date 09/07/2026

The Securities and Futures Commission (SFC) today issued a circular requiring internet brokers and virtual asset trading platform operators (VATPs) to adopt phishing-resistant authentication methods for client login and device binding (Notes 1 and 2), amid the growing threat of phishing attacks involving stolen client credentials.

Monetary Authority Of Singapore Proposes Regulatory Changes To Facilitate Faster Approvals Of New Fund Types

Date 09/07/2026

The Monetary Authority of Singapore (MAS) today published a consultation paper seeking feedback on proposed amendments to the Code on Collective Investment Schemes (CIS Code). The proposed amendments seek to enable a wider range of new fund product types to be authorised for retail offer through a more streamlined process, while ensuring that appropriate safeguards are in place for retail investors. 

Monetary Authority Of Singapore And Singapore Police Force: Samlit Moneychanger Pte. Ltd., Its Director And Compliance Manager To Be Charged For Offences Under The Financial Services And Markets Act 2022

Date 09/07/2026

Samlit Moneychanger Pte. Ltd. (“Samlit”) will be charged in court on Thursday, 9 July 2026 with 19 counts of failure to comply with a direction[1] on complaints handling under Section 52(3) of the Monetary Authority of Singapore Act 1970 (“MAS Act”) and Section 61(3) of the Financial Services and Markets Act 2022 ("FSMA"). A 45-year-old woman and a 36-year-old man, who are Samlit’s Director and Compliance Manager respectively, will also be charged in court on 9 July 2026 with 17 counts under Section 61(3) read with Section 174(2) of the FSMA. In addition, the Compliance Manager will also face two charges for obstruction of justice under Section 204A(b) of the Penal Code 1871 (“Penal Code”) and 20 charges for failing to comply with orders to assist the Singapore Police Force (“SPF”) to access computers under Section 39(3) of the Criminal Procedure Code 2010 ("CPC").

Nasdaq Reports June 2026 Volumes And 2Q26 Statistics

Date 08/07/2026

Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for June 2026, as well as quarterly volumes, estimated revenue capture, number of listings, and index statistics for the quarter ended June 30, 2026, on its Investor Relations website. 

SEC To Host Virtual Roundtable On Modernizing IPOs And Expanding Access To Public Markets

Date 08/07/2026

The Securities and Exchange Commission’s Office of the Advocate for Small Business Capital Formation and the Division of Corporation Finance will co-host a livestreamed discussion on Monday, July 13, 2026, at 2 p.m. to re-examine the IPO process and reassess the framework for how companies of all sizes access public capital.

Minutes Of The Federal Open Market Committee, June 16-17, 2026

Date 08/07/2026

he Federal Reserve on Wednesday released the minutes of the Federal Open Market Committee meeting that was held on June 16–17, 2026.

SIX: Index Adjustments On The Occasion Of The Ordinary Index Review

Date 08/07/2026

SIX has decided to make changes to the index baskets on the basis of a recommendation from the Index Commission and in compliance with the SMI®, SLI®, SPI® and SXI® index rules. The indices will be adjusted on 18 September 2026 after closing. The adjustment takes effect on 21 September 2026.

Puneet Pardasani Joins Clear Street To Lead Global Institutional Sales And Sales Trading - Clear Street Also Strengthens Its Institutional And Clearing Businesses With Additional Senior Appointments

Date 08/07/2026

Clear Street (“Clear Street” or “the Company”), a cloud-native financial infrastructure technology firm on a mission to give every sophisticated investor access to every asset in every market, today announced the appointment of Puneet Pardasani as Global Head of Institutional Sales and Sales Trading.