News Centre

EMIR Refit Regs Raise Risk Of Fines - 69% Of Firms Expect Serious Challenges When Building Up Matching, Reconciliation And Exception Management Capabilities

Date 31/05/2022

The incoming EMIR Refit regulation will increase sell-side and investment firms’ reporting requirements to a level where submitting new data fields and new combinations of actions and events could cause significant delays and run the risk of fines, a study from Acuiti has found.

Solid Financial Results Of The GPW Group For Q1 2022

Date 31/05/2022

• GPW Group’s revenue at PLN 110.2 million in Q1 2022 (-1.2% YoY)
• EBITDA at PLN 50.7 million (-5.8% YoY)
• Operating profit at PLN 40.9 million (-9.2% YoY)
• Net profit at PLN 38.1 million (-2.1% YoY)
• Recommendation of dividend payment from 2021 profit of PLN 115.0 million (PLN 2.74 per share)
• Commenced conceptual work on the GPW Group’s new development strategy for 2023-2027

NGX Commend ICAN For Upholding Impeccable Ethical Disposition And Integrity

Date 31/05/2022

Nigerian Exchange Limited has commended the Institute of Chartered Accountants of Nigeria (ICAN) for its leading role in producing world-class chartered accountants, as well as regulating, and continuously enhancing their ethical standards and technical competencies in the interest of the capital market and the Nigerian economy as a whole. The Chief Executive Officer, NGX, Mr. Temi Popoola stated this during a Closing Gong Ceremony hosted in honour of Mrs. Comfort Olu EYITAYO mni, CFA, FCA,  to commemorate the completion of her tenure as the 57th president of the Institute on Monday, May 30, 2022.

CryptoCompare Digital Asset Management Review May 2022: AUM Declines 28% Following Turbulent Month For Crypto

Date 31/05/2022

Bitcoin and Ethereum fell by 27.3% and 38.1% respectively in May (data up to 26th), a steep decline following a turbulent month for the two largest cryptocurrencies as the collapse of LUNA and TerraUSD sent shockwaves through the sector. Since April 2022, total AUM across all digital asset investment products has fallen 28.6% to $34.2bn (as of the 26th of May). 

Tehran Stock Exchange To List Start-Ups And Digital Companies

Date 31/05/2022

Due to special listing requirements for start-ups and companies active in the field of digital economy approved by Securities and Exchange Organization (SEO)’s Board of Directors, these companies will be able to be listed in Tehran Stock Exchange, announced Dr. Mahmoud Goudarzi, Tehran Stock Exchange (TSE)’s CEO.

"Gearing Up For Climate Action - The Road Ahead For The NGFS" - Opening Address By Mr Ravi Menon, Managing Director, Monetary Authority Of Singapore, Chair, Network For Greening the Financial System, At The Green Swan Conference 2022 On 31 May 2022

Date 31/05/2022

Distinguished guests, ladies and gentlemen.

It is an honour and a pleasure to address the Green Swan Conference again.  

IMF Regional Economic Outlook Outlines Policy Priorities To Support The Recovery In The MENA Region

Date 31/05/2022

• Growth in the MENA region surprised on the upside in 2021 and maintained momentum entering 2022, despite surging inflation and a temporary pandemic-induced slowdown in January.
• Geopolitical issues, higher food prices and potential supply shortages are impacting the region significantly, while oil and gas exporters, particularly in MENA, benefit from higher energy prices.
• Carefully calibrated policies will need to manage uncertainties, maintain economic stability, and support the recovery while protecting the vulnerable. Structural reforms have become even more urgent to prevent scarring and enhance resilience ahead.

Commissioner McGuinness And Ambassador Shamshur Among Distinguished Speakers At FESE Convention 2022

Date 31/05/2022

The Federation of European Securities Exchanges’ annual Convention will today host the first of two half-days of lively discussion on the future of European capital markets. Commissioner Mairead McGuinness will give the opening keynote speech, prior to headline interventions across the event from ESMA Chair, Verena Ross, Czech Finance Minister, Zybněk Stanjura, MEPs Danuta Hübner, Eero Heinäluoma and Ondřej Kovařík, and many other esteemed guests.

UK Quoted Companies Alliance: Small And Mid-Cap Push-Back Compels Government To Re-Think On Audit And Corporate Governance Reform

Date 31/05/2022

The Government has today released its response to the BEIS “Restoring trust in audit and corporate governance” consultation. The consultation - which ran for four months last year - aimed to improve governance and reporting standards but contained some proposals which significantly concerned small and mid-cap directors and the wider ecosystem as the reforms would mean vastly increased regulatory and administrative burdens. 
 

Closure Of Bursa Malaysia In Conjunction With The Yang Di-Pertuan Agong’s Official Birthday

Date 31/05/2022

Bursa Malaysia Berhad and its subsidiaries will be closed on Monday, 6 June 2022 in conjunction with the official birthday of His Majesty Seri Paduka Baginda The Yang di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah.