News Centre

Bursa Malaysia Securities Publicly Reprimands And/Or Fines Zen Tech International Berhad (Formerly Known As Inix Technologies Holdings Berhad) And Eight (8) Directors

Date 31/07/2024

Bursa Malaysia Securities Berhad [Registration No.: 200301033577 (635998-W)] (Bursa Malaysia Securities) has publicly reprimanded Zen Tech International Berhad (the Company) and 8 of its directors for breaches of Bursa Malaysia Securities ACE Market Listing Requirements (ACE LR). In addition, the 8 directors of the Company were imposed total fines ranging from RM25,000 to RM155,000.

Taking The Leap On The Consumer Duty - Speech By Sheldon Mills, UK Financial Conduct Authority Executive Director Of Consumers And Competition Delivered At Our Consumer Duty: 1 Year On Event

Date 31/07/2024

Highlights 

• We welcome the improvements firms have made to deliver better consumer outcomes in the first year of the Duty. 
• The outcomes-based nature of the Duty will allow us to streamline our rulebook to support competitiveness and growth, while ensuring good consumer outcomes. 
• Following today’s milestone, we’ll continue to focus on how firms are embedding the Duty, acting to address harm. 

BigRep SE: New Entry In The General Standard Of The Frankfurt Stock Exchange

Date 31/07/2024

SMG Technology Acceleration SE was listed as a Special Purpose Acquisition Company (SPAC) on the Frankfurt Stock Exchange in October 2023. Following the successful merger with BigRep GmbH and subsequent change of name, the company's shares are traded as of today under BigRep SE (ISIN: LU2859870326) on the Regulated Market (General Standard) of the Frankfurt Stock Exchange.

ACER’s Latest REMIT Quarterly Is Out

Date 31/07/2024

REMIT (Regulation on Wholesale Energy Market Integrity and Transparency) provides an EU framework for the transparency and integrity of energy markets and aims to deter market participants from manipulating the market. It plays an important role in protecting the interests of companies and consumers and ensuring trust in energy markets. The Regulation was revised this year to ensure it keeps pace with evolving market dynamics.

Nifty Passive Insights Quarterly Update

Date 31/07/2024

Click here to download the  'Nifty Passive Insights Quarterly Update - April to June 2024'.

Konsentus Verify Now Available On Temenos Exchange

Date 31/07/2024

Konsentus today announced that Konsentus Verify, Europe’s leading open banking identity and regulatory checking solution, is now available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.

Bitvavo Adopts Nasdaq Market Surveillance To Enhance Integrity Of Its Digital Asset Exchange

Date 31/07/2024

• Bitvavo will use Nasdaq Market Surveillance to detect and investigate suspected market abuse
• Enhanced capability marks a major milestone in the development of the Bitvavo platform
• Supports early compliance with market surveillance requirements under the EU’s incoming Markets in Crypto Assets Regulation (MiCA)

Islamic Property Fintech Offa Appoints Three Senior Staff

Date 31/07/2024

Offa, the UK’s first Shari’ah-compliant bridge finance fintech, has announced the appointment of three new senior staff members – as the company continues to expand after the recent launch of its buy-to-let product.

Sterling Trading Tech Extends Business Development Resources - Vedant Gaur Joins To Secure Global Brokerages And Banks

Date 31/07/2024

Sterling Trading Tech (Sterling), a leading global provider of technology in order management, risk & margin, and trading, today announced that industry veteran Vedant Gaur will bring his expertise to further build the global bank and brokerage segments. As Sales Director at Sterling Vedant will focus on the proprietary OMS and Risk & Margin product offerings.

Monetary Authority Of Singapore Takes Enforcement Actions Against China Capital Impetus Asset Management, Its Executive Director And Former CEO For Breaches Of The Securities And Futures (Licensing And Conduct Of Business) Regulations

Date 31/07/2024

The Monetary Authority of Singapore (MAS) has reprimanded China Capital Impetus Asset Management Pte. Ltd. (CCIAM), a registered fund management company (RFMC), for breaches of the Securities and Futures (Licensing and Conduct of Business) Regulations (SFR). MAS has also issued a Prohibition Order (PO) against CCIAM’s Executive Director and former Chief Executive Officer (CEO), Mr Sun Quan, for failing to take reasonable steps to secure compliance by CCIAM with the SFR. In addition, MAS has declined CCIAM’s application to upgrade to a licensed fund management company (LFMC).