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DIFC Partners With TiE Mumbai To Help Indian FinTechs Scale Their Business Across MEASA Region - DIFC Meets With 17 Fintech Start-Ups In Mumbai To Provide Tailored Solutions For Growth
Date 24/06/2019
Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa and South Asia (MEASA), has partnered with The Indus Entrepreneurs (TiE), the world’s largest non-profit entrepreneurial organisation, to help Indian FinTechs scale their businesses across the region. Throughout a two-day programme, DIFC met with 17 FinTech startups from Mumbai to understand their business models and provide tailored solutions to support their growth in fast-growing emerging markets.
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Vienna Stock Exchange: New Composition Of The VÖNIX Sustainability Index
Date 24/06/2019
With today the composition of the VÖNIX – VBV Sustainability index changes. It has been calculated and distributed by the Vienna Stock Exchange since 2005 and was one of the first national sustainability indices. The VÖNIX includes those companies listed on the Vienna Stock Exchange that are leaders in ecological and social activities and services. Burgenland Holding and Uniqa Insurance Group were newly included in the VÖNIX. Austrian Post and Raiffeisen Bank International were removed from the index.
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Japan Financial Services Agency: Comment Letter On The U.S. Agencies’ Proposed Changes To Regulatory Requirements For Foreign Banking Organizations
Date 24/06/2019
The Financial Services Agency and the Bank of Japan sent a comment letter on June 21, 2019 to the U.S. agencies (OCC, FRB and FDIC) in response to their release asking for public comment on the proposed changes to regulatory requirements for foreign banking organizations.
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Borsa Istanbul: Periodic Review For The BIST-KYD Corporate Eurobond Indices For The Period July-September 2019 Has Been Finalized
Date 24/06/2019
In accordance with the article 3.3. of BIST-KYD Indices Ground Rules, periodic review for the BIST-KYD Corporate Eurobond Indices for the period July-September 2019 (July 1, 2019 – September 30, 2019) has been finalized. According to the results of the periodic review, the changes below will be made in BIST-KYD Corporate Eurobond USD and BIST-KYD Corporate Eurobond USD (TRY) Indices, effective from July 1, 2019.
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New Power Futures For Bulgaria, Serbia And Slovenia Launched Successfully - EEX Extends Power Derivatives Offering To 20 Markets – First Trades Conducted In All New Regions
Date 24/06/2019
Following the recent launch of new power products for Central and South-Eastern Europe (CSEE), the European Energy Exchange (EEX) has successfully registered trades in all three markets. In total, 367,248 MWh were traded in the new products for Bulgaria, Serbia and Slovenia in the first three weeks thereby extending the EEX offering in power derivatives to 20 European markets.
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SET Hosts Exclusive Forum For 31 Embassies To Showcase Thailand Investment Potential
Date 24/06/2019
The Stock Exchange of Thailand (SET) hosted “Embassies @ SET” Forum in Bangkok. The first-ever forum has gathered together 50 diplomatic professionals of 31 embassies in Thailand to gain insights into investment opportunities in the Thai capital market, to boost networking relationship, as well as to seek possibilities in further cooperation for cross-border investments.
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Hong Kong Securities and Futures Appeals Tribunal Affirms Hong Kong Securities And Futures Commission Decision To Reprimand And Fine FT Securities Limited $3.5 Million
Date 24/06/2019
The Securities and Futures Appeals Tribunal (SFAT) today affirmed the decision of the Securities and Futures Commission (SFC) to reprimand FT Securities Limited (FTSL) and fine it $3.5 million for regulatory breaches and internal control failures in relation to preparation and publication of research reports.
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Borsa İstanbul Announces The Constituent Changes To The BIST Equity Indices For The Third Quarter Of 2019
Date 24/06/2019
All changes will be applied after the close of business on Friday, June 28, 2019 and will be effective on Monday, July 1, 2019.
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New Zealand Financial Markets Authority And Reserve Bank Of New Zealand: Banks Commit To Removing Sales Incentives For Frontline Staff
Date 24/06/2019
The FMA and Reserve Bank of New Zealand said today that all banks had committed to remove sales incentives from frontline staff and their managers.
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BIS: Big Tech In Finance: Opportunities And Risks
Date 23/06/2019
The entry of large technology firms ("big techs") such as Alibaba, Amazon, Facebook, Google and Tencent into financial services, including payments, savings and credit, could make the sector more efficient and increase access to these services, but also introduces new risks, the Bank for International Settlements (BIS) writes in its Annual Economic Report.
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