News Centre

Malawi Stock Exchange Weekly Summary Report - 26 June 2020

Date 26/06/2020

Click here  to download Malawi Stock Exchange's weekly summary report.

BME: IGBM Index New Composition For The Second Half Of 2020 - The Index Will Comprise 122 Stocks, Following The Exclusion Of Coemac And Sniace

Date 26/06/2020

The Indice General de la Bolsa de Madrid (IGBM) Management Committee, during its ordinary index review meeting has decided that the Indice General de la Bolsa de Madrid (IGBM) and the Indice Total will be made up of 122 stocks in the second half of the year, following the exclusion of COEMAC and SNIACE.

IOSCO Publishes Good Practices On Processes For Deference

Date 26/06/2020

The Board of the International Organization of Securities Commissions (IOSCO) today published a series of eleven good practices on processes for deference to assist regulatory authorities in mitigating the risk of  unintended, regulatory-driven market fragmentation and to strengthen international cooperation.   

BME: Vía Célere Debuts On MARF With A 100 Million Euro Commercial Paper Programme

Date 26/06/2020

• The total amount issued on this BME market so far this year reaches 3.7 billion euros and the outstanding balance at the end of May was 4.3 billion

Decisions Taken By The Governing Council Of The ECB (In Addition To Decisions Setting Interest Rates)

Date 26/06/2020

Market operations

Precautionary repo line arrangement with Banca Naţională a României

On 5 June 2020 the ECB announced that the Governing Council had approved the setting-up of a repo line arrangement to provide euro liquidity to Banca Naţională a României in order to address possible euro liquidity needs in the presence of market dysfunctions owing to the coronavirus (COVID-19) shock. A related press release is available on the ECB’s website.

UK FinTech Market Powers Through With A Surge In Specialist Hires

Date 26/06/2020

With a 53% growth in the last three years, an active fundraising scene, and a 20% surge in-demand during lockdown – fintech has become the poster-boy for how an industry can be in a position to respond quickly to change and opportunity.

Nick Bayley, Duff & Phelps, Comments On UK Financial Conduct Authority Publicly Censuring Redcentric PLC For Market Abuse

Date 26/06/2020

Nick Bayley, UK Head of Duff & Phelps’ Compliance and Regulatory Consulting practice comments:

“Interesting, that in reaching this outcome the FCA has taken into account the Company’s decision to initiate its own scheme to compensate the individual investors who lost money as a result of the false market that existed in Redcentric shares for about a year.  The only similar investor compensation scheme we have previously seen in the UK related to the Tesco false accounting debacle in 2014.”

Japan Financial Services Agency - Bank Of Japan Review - Developments In Overseas Credit Investment And Lending By Japanese Financial Institutions

Date 26/06/2020

Based on the joint survey by the Bank of Japan and the Financial Services Agency, we have published Bank of Japan Review that outlines the scale and characteristics of overseas credit investment and lending by major banks.

Securities Commission Malaysia And Bursa Malaysia Extend Short Selling Suspension Until 31 December 2020

Date 26/06/2020

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have decided to further extend the temporary suspension of short-selling to 31 December 2020.

‘MiFID Madness’: Should UK Scrap Regs After Leaving EU? By Roger Aitken

Date 26/06/2020

Some two-and-a-half years after the implementation of the Markets in Financial Instruments Directive’s second iteration (MiFID II), a plank in European Union’s (EU) capital markets regulation, which ushered in the era of unbundling for investment firms, some protagonists are contending that many of the rules “should be ditched” after the UK leaves the Union following its transition period.