News Centre

BME: MAB-Listed Companies Were 51% More Profitable In 2019 And Increased Their Average Staff By13%

Date 23/07/2020

• Their combined turnover increased two-fold in the last five years
• This year the deadline for submitting the accounts has been extended until June 30th due to the Covid crisis

Cassini Systems And IHS Markit Partner To Provide Automated Margin Estimates Within thinkFolio

Date 23/07/2020

Cassini Systems<https://cassinisystems.com/>, the leading provider of pre- and post-trade margin and collateral analytics for derivatives markets, and business information provider IHS Markit (NYSE: INFO) announced today that they are partnering to automate the calculation of margin estimates within thinkFolio<https://ihsmarkit.com/products/thinkFolio.html>.  The collaboration will, for the first time, provide advanced pre-trade analytics for over-the-counter (OTC) and exchange-traded derivatives directly within thinkFolio from IHS Markit, the leading multi-asset class investment management platform.

Securities Commission Malaysia Revokes Financial Planning Licence Of Etalage Sdn Bhd

Date 23/07/2020

The Securities Commission Malaysia (SC) has revoked Etalage Sdn Bhd’s (Etalage) Capital Market Services Licence on 25 June 2020, in accordance to Section72(2)(a)(ii) of the Capital Markets and Services Act 2007, as the company has failed or ceased to carry out its licensed activities for a consecutive period of three months.

Bank Of England: Minutes Of The Wholesale Distribution Steering Group - June 2020

Date 23/07/2020

The Wholesale Distribution Steering Group have the objective of overseeing the design of a new end-state model for wholesale cash distribution. This is to support the UK in an environment of declining cash volumes.

Press Statement By Michel Barnier Following Round 6 Of The Negotiations For A New Partnership Between The European Union And The United Kingdom

Date 23/07/2020

Ladies and gentlemen,

Good afternoon to all of you.

I am happy to meet you here in Europe House in London, at the end of this sixth negotiation round.

Bursa Malaysia Seeks Public Feedback On Proposed Amendments To Public Security Holding Spread In Relation To Listing Requirements On Main Market And ACE Market

Date 23/07/2020

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today issued a consultation paper seeking public feedback on the proposed amendments to the Main Market and ACE Market Listing Requirements (collectively “LR”) in relation to the public security holding spread. 

Risk Parameters Change For The Securities POGR And PIKK

Date 23/07/2020

Please follow the links below to access the information:

REPO risk parameters change for the security PIKK

Risk parameters change for the security POGR

Dubai-China FinTech Agreement Brings New Opportunities For Dubai International Financial Centre

Date 23/07/2020

• The pioneering digital signing will establish a Dubai-Chengdu bridge which will benefit FinTech firms in both jurisdictions and enable DIFC to further support the UAE’s role in facilitating the ‘Belt and Road’ initiative
• Dubai International Financial Centre and Jiaozi Fintech Dreamworks will collaborate on joint events, knowledge sharing and training programmes
• Agreement further cements DIFC’s reputation as the region’s leading financial centre for global FinTech firms

The Saudi Capital Market Authority (CMA) Grants A Financial Technology Experimental Permit (FinTech ExPermit) To Mekyal Financial Company To Create An Equity Crowdfunding Platform

Date 23/07/2020

Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 2/6/1424H, and reference to the Financial Technology Experimental Permit Instructions issued by CMA in 10/01/2018, which aims to provide a regulatory framework that is conducive for the innovation of Financial Technology (FinTech) in the capital market within the Kingdom. In relation to this, the CMA Board of Commissioners issued its resolution to grant Mekyal Financial Company a Financial Technology Experimental Permit (ExPermit) to create an equity crowdfunding platform.

Dubai International Financial Centre And Dubai Customs To Support Investors, Facilitate Export, Import Activities

Date 23/07/2020

In line with the directives of the Dubai government to support investors and reduce financial burdens on them, Dubai Customs has signed a strategic Memorandum of Understanding (MoU) with the Dubai International Financial Centre (DIFC) to enhance joint relations between government agencies and private institutions.