News Centre

CEO Of UAE Securities And Commodities Authority H.E. Dr. Maryam Al Suwaidi’s Message On Flag Day

Date 03/11/2021

Celebrating Flag Day has a special flavor this year. Fifty years have passed during which this flag had been rising high. The flag, with its four colors, has been a symbol of sovereignty and unity in the past fifty years and will remain so in the years ahead, thus entrenching the values of loyalty, belonging and love for this land’s soil.

Amount Of Finance Committed To Achieving 1.5°C Now At Scale Needed To Deliver The Transition - Capital Committed To Net Zero Now At Over $130 Trillion, Up From $5 Trillion When The UK And Italy Assumed COP26 Presidency

Date 03/11/2021

Today, through the Glasgow Financial Alliance for Net Zero (GFANZ), over $130 trillion of private capital is committed to transforming the economy for net zero.  These commitments, from over 450 firms across 45 countries, can deliver the estimated $100 trillion of finance needed for net zero over the next three decades.

A Strategy For Positive Sustainable Change - Speech By UK Financial Conduct Authority CEO, Nikhil Rathi, Delivered At COP26

Date 03/11/2021

Highlights

• We have released our new strategy for positive change.
• The themes of trust and transparency remain at the core of our strategy. We are also announcing a programme of work to support a market-led transition to a more sustainable economy. And we aim to embed climate and wider ESG considerations in everything we do.
• The International Sustainability Standards Board, launched today, is a game-changer. We will work with IOSCO and others to promote adoption of the new Board’s global baseline sustainability reporting standards.
• We support the Government’s ambition to work towards making the UK the world’s first net zero financial sector. 
• To help mobilise the capital needed to keep emissions in check, we need to build a trusted market and internationally consistent frameworks and standards.

IPA Qatar, Qatar Stock Exchange Partner To Bolster Market Attractiveness For Foreign Investment

Date 03/11/2021

The Investment Promotion Agency Qatar (IPA Qatar) and Qatar Stock Exchange (QSE) jointly announced the signing of a Memorandum of Understanding (MoU) today, which represents a launchpad for diverse collaborations between the two organisations, with the aim of further boosting the attractiveness of the Qatari market for foreign investments. The MoU was signed at Qatar Stock Exchange headquarters in the presence of Mr. Rashid bin Ali Al Mansoori, CEO of QSE, and Sheikh Ali Alwaleed Al-Thani, CEO, IPA Qatar.

Amman Stock Exchange: Modifying The Trading Hours For The Unlisted Companies (OTC)

Date 03/11/2021

Amman Stock Exchange modified the trading hours for the unlisted companies (OTC) to become as follows:

GLEIF, OS-Climate & Amazon Drive Broader And Faster Development Of Climate-Aligned Financial Applications - LEI Datasets Now Available Via The Amazon Sustainability Data Initiative Provide Opportunities To Seamlessly Integrate With – And Accelerate - Global Sustainability Initiatives

Date 03/11/2021

A collaboration between the Global Legal Entity Identifier Foundation (GLEIF), OS-Climate and Amazon has resulted in GLEIF’s real-time open Legal Entity Identifier (LEI) datasets being made publicly available for the first time in the cloud, via the Amazon Sustainability Data Initiative (ASDI) data catalog. Building upon its long-standing relationship with ASDI, the move was driven by OS-Climate to allow easier integration of LEI data with its own datasets, which supports the development of open data and open-source analytics for climate risk management and climate-aligned finance and investment.

Keynote Remarks By US Secretary Of The Treasury Janet L. Yellen At COP26 In Glasgow, Scotland At The Finance Day Opening Event

Date 03/11/2021

Glasgow and COP26 is a pivotal moment at the start of this decisive decade of climate action. The climate crisis is already here.  This is not a challenge for future generations, but one we must confront today. 

The UAE Securities And Commodities Authority Board Reviews Market Developments And Explores Ways To Reinforce Investor Protection Mechanisms And Improve Financial Services And Activities

Date 03/11/2021

His Excellency Abdulla bin Touq:

Improving the performance of financial markets and underpinning their legislative structure are a top priority for the board.

Reply To Singapore Parliamentary Questions On Pandora Papers

Date 03/11/2021

Question:

Dr Lim Wee Kiak, MP, Sembawang GRC: To ask the Prime Minister in light of the disclosures in the Pandora Papers (a) whether MAS will be looking into the Singapore-based financial institutions and Singaporeans/foreigners who are implicated in the report; (b) whether any individual or financial institution will be asked to issue a clarification as to their activities disclosed in the report; and (c) how does MAS ensure that offshore wealth management services in Singapore remain lawful and legitimate by international standards.

UN Special Envoy For Climate Ambition And Solutions Michael R. Bloomberg Joins UN Special Envoy On Climate Action And Finance Mark Carney As Co-Chair For GFANZ - Bloomberg’s Vice Chair Of Global Public Policy Mary Schapiro To Serve As GFANZ Vice Chair

Date 03/11/2021

Today UN Special Envoy for Climate Ambition and Solutions and Global Ambassador for the UN’s Race to Zero Campaign Michael R. Bloomberg announced he will join Mark Carney as co-chair for the Glasgow Financial Alliance for Net Zero (GFANZ), a private sector-led initiative anchored in the UNFCCC’s Race to Zero framework. GFANZ is committed to accelerating and mainstreaming the decarbonization of the world economy and reaching net-zero emissions by 2050. Today GFANZ includes over 450 financial institutions representing assets of more than $130 trillion across 45 countries.