News Centre
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CIA Omnigage Launches Virtual Corporate Access Roadshow Concierge Service
Date 15/09/2020
CIA Omnigage, a provider of premium multi-channel communications solutions, has launched a virtual concierge roadshow service for financial institutions to address the transforming Corporate Access model within a remote working environment. With firms gravitating towards long-term remote working conditions, CIA Omnigage’s new service provides a greater level of flexibility and security as communication dynamics across the financial services continue to evolve.
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Tadawul And Edaa Announce The Approval Of The Regulations And Requirements Of The Depository Center For Depository Receipts Issued Out Of The Kingdom
Date 15/09/2020
The Saudi Stock Exchange (Tadawul) and the Securities Depositary Centre Company (Edaa) announce that the Board of the Capital Market Authority (“CMA”) has issued its Resolution Number (1-86-2020) Dated 19/01/1442H Corresponding to 07/09/2020G approving the Regulations and Requirements of the Depository Center for Depository Receipts issued out of the kingdom in accordance with the Instructions on Issuing Depositary Receipts out of the Kingdom. -
DTCC Enhances ETF Clearing By Expanding Processing Flexibility - New Capabilities Support SEC Rule 6c-11 Around The Publication Of ETF Portfolio Holdings For Pricing Purposes And Allow ETF Agents To Submit Create/Redeem Instructions With Settlement Dates Beyond The Standard Date
Date 15/09/2020
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that its subsidiary National Securities Clearing Corporation (NSCC) has received regulatory approval and has begun implementing rule changes designed to enhance the consumption and distribution of the ETF Portfolio Composition File (PCF) process in support of regulatory changes calling for increased transparency for Exchange-Traded Funds (ETFs) under SEC Rule 6c-11. DTCC’s recent enhancements to the ETF PCF process include the introduction of multiple basket types to provide flexibility for Create/Redeem order customization, pricing baskets and additional data elements to support the clearance of fixed income ETFs in a future release.
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The Saudi Arabia Capital Market Authority Announces The Approval Of The Instructions On Issuing Depositary Receipts Out Of The Kingdom
Date 15/09/2020
As part of the Capital Market Authority's ("CMA") strategic objectives to deepen the capital market, promote its role in raising capital, and increasing market attractiveness to foreign investors, and based on the Capital Market Law issued by Royal Decree No. (M/30) dated 02/06/1424H, the CMA Board issued its Resolution to approve the Instructions on Issuing Depositary Receipts out of the Kingdom (“Instructions”), to be effective as of the date of their publication. This comes after the CMA has published the draft Instructions on its website for public consultation for a period of (30) calendar days.
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CoolBitX & Ciphertrace Announce Interoperability Proof-Of-Concept Between FATF Travel Rule Solutions For Virtual Asset Businesses - Major Milestone Achieved By Sygna Bridge And TRISA Addresses Key Challenges Faced By Crypto Industry
Date 15/09/2020
Leading information sharing platforms designed for Virtual Asset Service Providers (VASPs) to meet FATF Recommendation 16’s “Travel Rule,” Sygna Bridge and the Travel Rule Information Sharing Alliance (TRISA), have announced a proof-of-concept (PoC) to demonstrate interoperability between their systems. During the June 2020 FATF plenary, the FATF highlighted interoperability of travel rule solutions as a crucial development needed for the industry. Today’s PoC announcement marks a milestone and an important step toward effective collaboration in the industry.
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Qatar Stock Exchange: QE Index, QE Al Rayan Islamic Index And QE All Share Constituents October 1st 2020
Date 15/09/2020
QE Index
Baladna Company and Aamal Holding will replace Al Meera Consumer Goods Company and Vodafone Qatar in the QE Index.
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Jaap van Dam, Principal Director Of Investment Strategy At PGGM, Appointed New Chairman Of EDHEC-Risk Institute’s International Advisory Board
Date 15/09/2020
EDHEC-Risk Institute is pleased to announce the appointment of Jaap van Dam as chairman of its international advisory board. He is the Principal Director of Investment Strategy at PGGM in the Netherlands. PGGM is a leading Dutch pension administrator with roots in the healthcare and social work sectors. It manages about €268 billion ($329 billion) in pension assets for more than 2.5 million Dutch participants. PGGM provides services in pension fund management, comprehensive asset management, management support, and policy advice to various pension funds.
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Securities Commission Malaysia: Former Megan Media Executive Chairman Jailed For Providing False Statement
Date 15/09/2020
The Court of Appeal today affirmed a 2017 Sessions Court conviction of former Executive Chairman and Director of Megan Media Holdings Berhad (Megan Media), Dato’ Dr. Hj. Mohd Adam bin Che Harun for furnishing false information to Bursa Malaysia in 2007.
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Deutsche Börse Group: Business Indicators For August 2020
Date 15/09/2020
Please find attached a summary of Deutsche Börse Group's business indicators for August 2020.
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Result Of UK Financial Conduct Authority’s Business Interruption Test Case
Date 15/09/2020
The High Court has today handed down its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case.
