News Centre

The Dubai Financial Services Authority Publishes Its 2021 Annual Report

Date 21/04/2022

The DFSA has published its 2021 Annual Report. The report highlights the DFSA’s activities over the past year and the organisation’s key achievements. Click here to view the English version of the report and here to view the Arabic version of the report.

KB Securities Selects ICE Index For KB Leverage FANG Plus ETN(H)

Date 21/04/2022

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology and market infrastructure, today announced that KB Securities has selected the NYSE FANG+® Daily 2x Leveraged Index (Interest Rate Adjusted Total Return) for its KB Leverage FANG Plus ETN(H).

Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With Canadian Deputy Prime Minister And Finance Minister Chrystia Freeland

Date 21/04/2022

U.S. Secretary of the Treasury Janet L. Yellen met today with Canadian Deputy Prime Minister and Finance Minister Chrystia Freeland to discuss continued close coordination on the implementation and enforcement of Russia sanctions, and the impact of Russia’s unprovoked and brutal war on Ukraine on the global economy, including on energy and agriculture-related price increases. The Secretary conveyed the importance of maintaining a shared commitment to addressing the threat of climate change.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With Italian Finance Minister Daniele Franco

Date 20/04/2022

U.S. Secretary of the Treasury Janet L. Yellen met today with Italian Minister of Finance Daniele Franco to discuss continued close coordination on the implementation and enforcement of Russia sanctions, as well as the impact Russia’s unprovoked and brutal war on Ukraine has had on Italy’s economic recovery and the global economy.  Secretary Yellen welcomed Italy’s efforts to diversify its energy supply and they exchanged views on climate policy.  They also discussed health-finance coordination in the context of Italy’s work as co-chair of the G20 Finance-Health Task Force as well as progress on global minimum tax implementation. 

US Department Of Justice: Stericycle Agrees To Pay Over $84 Million In Coordinated Foreign Bribery Resolution

Date 20/04/2022

Stericycle Inc. (Stericycle), an international waste management company headquartered in Lake Forest, Illinois, has agreed to pay more than $84 million to resolve parallel investigations by authorities in the United States and Brazil into the bribery of foreign officials in Brazil, Mexico, and Argentina.

Joint IMFC And Development Committee Statement By US Treasury Secretary Janet L. Yellen

Date 20/04/2022

The United States, in the strongest terms, condemns Russia’s illegal, unprovoked war against Ukraine.  Russia’s invasion is an assault on fundamental international rules and norms and threatens the core of the international order.  The United States stands resolutely with the Ukrainian government and the Ukrainian people.  Russia’s war against Ukraine has imperiled the global recovery from the pandemic and aggravated inflation, with vulnerable populations across the world feeling the effects of steeply rising food prices. 

CFTC Commissioners Johnson And Mersinger To Participate In A Fireside Chat At FIA’s Law & Compliance Division Conference

Date 20/04/2022

U.S. Treasury Designates Facilitators Of Russian Sanctions Evasion - Treasury Targets Financial And Operational Support Networks For Attempts To Evade U.S., International Sanctions - Treasury Takes New Step Of Designating A Virtual Currency Mining Company

Date 20/04/2022

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated entities and individuals involved in attempts to evade sanctions imposed by the United States and its international partners on Russia. OFAC designated Russian commercial bank Transkapitalbank and a global network of more than 40 individuals and entities led by U.S.-designated Russian oligarch Konstantin Malofeyev, including organizations whose primary mission is to facilitate sanctions evasion for Russian entities. OFAC also designated companies operating in Russia’s virtual currency mining industry, reportedly the third largest in the world. This is the first time Treasury has designated a virtual currency mining company.

CFTC Commissioners Goldsmith Romero And Pham To Participate In A Fireside Chat At FIA’s Law & Compliance Division Conference

Date 20/04/2022

NGX Regulation CEO Tasks Market Stakeholders On Improved Climate-related Financial Disclosure

Date 20/04/2022

NGX Regulation Limited has urged all market stakeholders to come up to speed with recent trends in climate disclosure by paying closer attention to climate related financial risks and opportunities in their business operations in line with the recommendations of the Financial Standards Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD).