News Centre

Egyptian Prime Minister And 5 Ministers Celebrates EGX’s SMEs Market Restructuring

Date 23/06/2021

The Egyptian Prime Minister Dr. Mustafa Madbouli and Dr. Rania Al‐Mashat, Minister of International Cooperation, Hisham Tawfiq, Minister of Public Business, Dr. Tarek Shawky, Minister of Education, Dr. Mohamed Maait, Minister of Finance, and Ambassador Nabila Makram, Minister of Immigration and Egyptian Expatriates affairs, celebrated the launch of the comprehensive strategy of the Egyptian SME Exchange, as well as the launch of the index "Excellence" which measures the performance and movement of this market.

BME Brings Together Thirty Small And Mid-Cap Companies With International Investors

Date 23/06/2021

• This year's 17th Spring European Midcap Event will take place remotely and will have investors from France, United Kingdom, Germany and Switzerland
• Among the companies represented will be the newly listed Línea Directa and Ecoener, as well as several renewable energy, healthcare and biotechnology companies

The EBA Launches Consultation On Amendments To Reporting On Securitisation, Asset Encumbrance And G-SIIs

Date 23/06/2021

• The EBA is proposing to streamline asset encumbrance reporting for small and non-complex institutions.
• It is also proposing changes to COREP securitisation and G-SII reporting.
• The proposals are a step forward in the implementation of the EBA’s cost reduction measures included in its study on the cost of compliance with supervisory reporting requirements.

Reelecting The Amman Stock Exchange As A Board Of Directors Member Of The Federation Of Euro Asian Stock Exchanges (FEAS)

Date 23/06/2021

Reelecting the Amman Stock Exchange (ASE) represented by the Executive Director Mazen Al-Wathafi, a member of the Board of Directors of the Federation of Euro Asian Stock Exchanges (FEAS), during the thirty-second annual general assembly held on Tuesday 22/6/2021, via visual technology. With the participation of the executive managers of stock exchanges and depository centers members. The ASE got 34 votes out of a total of 39 members.

BIS - CBDCs: An Opportunity For The Monetary System

Date 23/06/2021

Securities Commission Malaysia: Auditors Play Important Role In Promoting Integrity Of Financial Statements

Date 23/06/2021

In the light of recent events the Securities Commission Malaysia (SC) wishes to reiterate that under the Capital Markets and Services Act 2007, auditors have a statutory obligation to immediately report to the SC, if they reasonably believe that there are any matters which may constitute a breach or non-performance of any requirement of securities laws, rules of the stock exchange or any matter which may adversely affect to a material extent the financial position of the listed company.

BANCOMAT S.P.A. And SIA Sign MoU For The Digital Transformation Of Payments In Italy

Date 23/06/2021

• Memorandum of Understanding signed between the two companies for the development of cutting-edge technology solutions to benefit the entire national digital payments system
• The creation of a NewCo to manage the processing of payment transactions is also planned

Moscow Exchange: Risk Parameters On Securities Market

Date 23/06/2021

CCP NCC is changing the following risk parameters on Securities market starting from June 24, 2

HG Exchange Graduates From MAS FinTech Regulatory Sandbox, Moves To Expand Product Offerings, Member Firms And Team

Date 23/06/2021

• Hg Exchange is now regulated by the Monetary Authority of Singapore (“MAS”) as a Recognised Market Operator (RMO) to operate as Asia’s first member-driven exchange to support the issuance and trading of both digital and non-digital capital market products
• Hg Exchange strengthens its leadership team with internal promotions and strategic new hires as it moves into its new phase of operations to expand the number of products listed as well as Member Firms
• PhillipCapital, a Member Firm, to be a designated market maker to boost exchange liquidity

DFSA Imposes Restrictions On FFA Private Bank (Dubai) Limited

Date 23/06/2021

The Dubai Financial Services Authority (DFSA) announced that it has imposed restrictions on FFA Private Bank (Dubai) Limited (FFA) prohibiting it from receiving, arranging or executing orders from or on behalf of specific clients.