News Centre

ASIC Consults On Financial Services And Credit Panel Regulatory Guidance

Date 28/02/2022

ASIC has released Consultation Paper 359 Update to RG 263 Financial Services and Credit Panel (CP 359) seeking feedback on our proposed updates to Regulatory Guide 263 Financial Services and Credit Panel (RG 263). These updates reflect changes to the Financial Services and Credit Panel (FSCP) under the Financial Sector Reform (Hayne Royal Commission Response—Better Advice) Act 2021 (Better Advice Act).

Currency Trading On Moscow Exchange Opens At 10:00 Moscow Time

Date 28/02/2022

On February 28, currency trading on the Moscow Exchange will open at 10:00 am Moscow time based on the Central Bank’s decision.

Readout: US Deputy Secretary Of The Treasury Wally Adeyemo’s Call With Japan Finance Vice Minister Masato Kanda

Date 28/02/2022

Earlier tonight, Deputy Secretary of the Treasury Wally Adeyemo spoke with Japan Finance Vice Minister Masato Kanda. Deputy Secretary Adeyemo affirmed the U.S.’s support for the sovereignty of Ukraine and the freedom of its people, committing to hold Russia accountable for its actions.  Deputy Secretary Adeyemo also commended Japan’s announcement earlier today to support removing key Russian banks from SWIFT and strong sanctions measures against President Putin and Russian elites. Both countries agreed to continue to work closely together to inflict severe costs on Russia for their unprovoked invasion of Ukraine.  

bp To Exit Rosneft Shareholding

Date 27/02/2022

• bp will exit its 19.75% shareholding in Rosneft.
• Both bp-nominated directors to resign from Rosneft board with immediate effect.
• bp will no longer report reserves, production or profit for Rosneft.
• Changes in accounting treatment of Rosneft shareholding expected to lead to a material non-cash charge.
• bp’s financial frame and distribution guidance remains unchanged.

NGX Tasks Investors On Diversification Of Portfolios

Date 27/02/2022

Nigerian Exchange (“NGX” or “The Exchange”) Limited has emphasized on the need for diversification of portfolios by investors to ensure enhanced return on investment.

Nasdaq Dubai Welcomes Listing Of US$ 750 Million Sukuk By Dubai Islamic Bank

Date 27/02/2022

Nasdaq Dubai, the region’s international financial exchange, today welcomed the listing of a US$ 750 million Sukuk by Dubai Islamic Bank (DIB). The 5-year new Sukuk issuance is part of DIB’s US$ 7.5 billion Sukuk Program.

European Commission, France, Germany, Italy, United Kingdom, Canada, United States: Joint Statement On Further Restrictive Economic Measures Against Russia

Date 26/02/2022

We, the leaders of the European Commission, France, Germany, Italy, the United Kingdom, Canada, and the United States condemn Putin's war of choice and attacks on the sovereign nation and people of Ukraine. We stand with the Ukrainian government and the Ukrainian people in their heroic efforts to resist Russia's invasion. Russia's war represents an assault on fundamental international rules and norms that have prevailed since the Second World War, which we are committed to defending. We will hold Russia to account and collectively ensure that this war is a strategic failure for Putin.

Tehran Stock Exchange Weekly Market Review - Week Ended On 23 February 2022

Date 26/02/2022

Click here to download Tehran Stock Exchange's weekly market review.

US Department Of Justice: BitConnect Founder Indicted In Global $2.4 Billion Cryptocurrency Scheme

Date 25/02/2022

A federal grand jury in San Diego returned an indictment today charging the founder of BitConnect with orchestrating a global Ponzi scheme. BitConnect is an alleged fraudulent cryptocurrency investment platform that reached a peak market capitalization of $3.4 billion.

U.S. Treasury Imposes Sanctions On Russian Federation President Vladimir Putin And Minister of Foreign Affairs Sergei Lavrov - United States, In Partnership With Allies And Partners, Sanctions The Architects Of Russia’s War Against Ukraine - State Department Also Sanctions Minister Of Defense Sergei Shoigu And Chief Of The General Staff Of The Russian Armed Forces Valery Gerasimov

Date 25/02/2022

Today, the United States, in coordination with allies and partners, continued to forcefully respond to Russia’s unjustified, unprovoked, and premediated invasion of Ukraine by imposing sanctions on President of the Russian Federation Vladimir Putin and the Minister of Foreign Affairs, Sergei Lavrov, as well as other members of Russia’s Security Council. This builds on other sweeping actions that the United States and partners took earlier this week targeting the core infrastructure of the Russian financial system, including sanctions against Russia’s largest financial institutions, restricting the ability of the Government of the Russian Federation to raise capital, and cutting it off from access to critical technologies. Cumulatively, these actions impose unprecedented diplomatic and economic costs on Russia and further isolate it from the global financial system and international community.