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Europex Statement European Commission Mandatory Gas Storage Proposal: The EU’s Integrated Gas Market As A Cornerstone To Security Of Supply
Date 31/03/2022
In light of the Russian invasion of Ukraine and its consequences for the EU’s security of gas supply situation, Europex welcomes the European Commission’s call for enhanced coordination on natural gas storage and the proposal to amend two regulations: Regulation (EU) 2017/1938 concerning measures to safeguard the security of gas supply and Regulation (EU) 715/2009 on conditions for access to natural gas transmission networks. In its proposal, the European Commission foresees an obligatory 80% minimum gas storage level by 1 November 2022 to ensure sufficient supplies for the 2022/2023 heating season, mandatory certification of Storage System Operators (SSOs) and an exemption for gas storage users from transmission tariffs at entry and exit points. This target will be raised to 90% as of 1 November from 2023 onwards. Europex fully shares the Commission’s assessment that any measures taken must not inordinately distort the efficient functioning of the EU’s internal gas market.
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EGX Participates In AFCM Annual Conference
Date 31/03/2022
Dr. Mohamed Farid, Executive Chairman of The Egyptian Exchange (EGX), participated in the Arab Federation of Exchanges (AFCM) Annual Conference held virtually during the period 29-30 March 2022. The virtual conference comprised 20 panels discussing various topics of importance to the industry, such as sustainability, Fintech as a mean of strengthening the infrastructure of Arab capital markets.
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The Amman Stock Exchange Index Quarterly Review
Date 31/03/2022
Mr. Mazen Wathaifi the Chief Executive Officer of the Amman Stock Exchange (ASE) said that the ASE has conducted the periodic quarterly review of the ASE indices constituents in purpose of ensuring that these indices reflect the market performance and the trading activity of the listed companies. By this rebalancing, the activity of listed companies in regard to trading during the last quarter has been reviewed. After that, the ASE has conducted its screening process for all listed companies based on the criteria used by the ASE represented by full market capitalization of the companies and the number of trading days during last quarter.
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Trading And Working Hours At Qatar Stock Exchange During The Holy Month Of Ramadan
Date 31/03/2022
On the occasion of the Holy Month of Ramadan, the Qatar Stock Exchange (QSE) announces that the official working hours of the Stock Exchange during .Ramadan will be from 9:00 AM until 2:00 PM
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Bursa Malaysia Named ‘Best Stock Exchange For Islamic Listings’ At The Islamic Finance News Awards 2022
Date 31/03/2022
Bursa Malaysia Berhad (“Bursa Malaysia or the Exchange”) has been named ‘Best Stock Exchange for Islamic Listings’ by Islamic Finance News (“IFN”) at the 15 th and 16th Annual IFN Service Providers Poll, which was announced at the IFN Award Ceremony 2022 yesterday, 30 March 2022.
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HKEX Impact Funding Scheme Invites Applications From Social Enterprises
Date 31/03/2022
Hong Kong Exchanges and Clearing Limited (HKEX) is, today (Thursday), pleased to invite applications from social enterprises in Hong Kong for funding, through the HKEX Impact Funding Scheme 2022 (Scheme), a tailored HKEX Foundation charitable programme.
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IFRS Foundation Monitoring Board
Date 31/03/2022
The IFRS Foundation Monitoring Board welcomes the consultation on the first two Sustainability Disclosure Standards by the International Sustainability Standards Board
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IOSCO Welcomes ISSB’s Publication Of Sustainability Standards Exposure Drafts
Date 31/03/2022
The International Organization of Securities Commissions (IOSCO) welcomes the publication of the Exposure Drafts of proposed climate and general sustainability disclosure requirements. These have been published today for public consultation by the International Sustainability Standards Board (ISSB).
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ESMA Publishes Follow-Up Report To The Peer Review On The Guidelines On The Enforcement Of Financial Information
Date 31/03/2022
The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published its follow-up report to the peer review on the guidelines on the enforcement of financial information (GLEFI). The report analysed the progress made by seven National Competent Authorities (NCAs) and found that most of them made improvements, although some are still experiencing staffing difficulties.
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Remarks By Ms Abigail Ng, Executive Director, Monetary Authority Of Singapore, At The Stewardship Asia Roundtable 2022 On 31 March 2022
Date 31/03/2022
1. Good afternoon. It is my pleasure to join everyone virtually at the Stewardship Asia Roundtable 2022.
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