News Centre

Dubai Financial Market Publishes Updated Versions Of Its Shari’a Standards To Cater For The Growing Interest In Green Economy And Sustainability

Date 10/12/2018

• HE/ Essa Kazim: “We are committed to expand our standards in line with the Islamic finance’s momentum as a result of the leading initiative of His Highness Sheikh Mohammed bin Rashid Al Maktoum to fortify Dubai’s position as the capital of Islamic economy globally”
• Dr. Hussein Hamed Hassan: “The amendments focused on green economy’s sustainability and environment protection as both aspects are amongst the key objectives of the Islamic Shari’a”

GPW Starts To Publish Dividend Indices

Date 10/12/2018

• GPW will start the calculation and publication of three new indices: WIG20dvp, mWIG40dvp, and sWIG80dvp at the trading session on 27 December 2018
• The indices are dividend indices, tracking income from cash dividends paid by stocks participating in the underlying index (respectively: WIG20, mWIG40, sWIG80)

REGIS-TR To Open A Trade Repository In The UK

Date 10/12/2018

REGIS-TR, the pan-European leader in trade repository services is planning to set up a Trade Repository in the UK. The British Financial Conduct Authority (FCA) requires a meaningful presence in the UK in a post-Brexit world. REGIS-TR, domiciled in Luxembourg, will set up the necessary technical infrastructure and staff an office in order to maintain a continuous service for UK clients. REGIS-TR is a joint venture launched by Iberclear and Clearstream in 2010. Clearstream already maintains an office and IT infrastructure in London, and full-time employees are already providing trade repository services for UK clients, who make up a significant portion of REGIS-TR’s client base.

CISI And ACCA Join Forces To Boost Global Market For Tri-Lingual Islamic Finance Qualification

Date 10/12/2018

A recently agreed MoU between the Chartered Institute for Securities & Investment (CISI) and ACCA (the Association of Chartered Certified Accountants) aims to meet the global market demand for Islamic Finance education.

Hong Kong’s Securities And Futures Commission Suspends Chan Ho Wai And Lam Wai Kit For Nine Months

Date 10/12/2018

The Securities and Futures Commission (SFC) has suspended the licences of Ms Chan Ho Wai and Mr Lam Wai Kit, responsible officers of FT Securities Limited (FTSL), for nine months from 8 December 2018 to 7 September 2019.

Court Of Justice Of The European Union: The United Kingdom Is Free To Revoke Unilaterally The Notification Of Its Intention To Withdraw From The EU - Such A Revocation, Decided In Accordance With Its Own National Constitutional Requirements, Would Have The Effect That The United Kingdom Remains In The EU Under Terms That Are Unchanged As Regards Its Status As A Member State

Date 10/12/2018

On 23 June 2016, a referendum of the United Kingdom electorate produced a majority in favour of that Member State’s leaving the European Union. On 29 March 2017, the British Prime Minister notified the European Council of the UK’s intention to withdraw from the European Union under Article 50 TEU. This article provides that following such a notification, the Member State concerned negotiates and concludes a withdrawal agreement with the EU. The EU Treaties then cease to apply to that Member State from the date of entry into force of the withdrawal agreement or, failing that, two years after the notification of the intention to withdraw and any possible extension.

HKEX Joint COO, Head Of Markets Roger Lee To Retire

Date 10/12/2018

Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) announced that its Joint Chief Operating Officer and Head of Markets, Roger Lee, will retire at the end of December after a long and distinguished career with the company.

Tokyo Commodity Exchange: Good Delivery Material Price Differential For December 2018 Rubber(RSS) Contract

Date 10/12/2018

The price differential of the Good Delivery material for the December 2018 contract month in the RSS Rubber market has be determined as follows:

• Pursuant to the provisions of Article 2.2 of the Rubber Delivery Detailed Rules, the price differential between the Good Delivery materials RSS No.3 and the non-standard grade RSS No.4 for the December 2018 contract month shall be -3.0 yen/kg.

Dalian Commodity Exchange Completes 1st Full-Market Testing For EG Futures

Date 10/12/2018

Dalian Commodity Exchange (DCE) carried out the full-market testing for the ethylene glycol (EG) futures on November 24, with a view to promoting the preparation for its technical system and guaranteeing its steady listing on December 10. Futures companies, market information providers and relevant institutions have actively participated in the testing. The whole testing went on smoothly, and the business was correctly tested.

The Head Of The Israel Tax Authority, Eran Yaakov, Opened Trading On TASE As Part Of The “2018 Taxation And The Capital Market Conference”

Date 10/12/2018

​The Israeli Association of Publicly Traded Companies held today (5 December) its annual taxation conference at the Tel Aviv Stock Exchange conference center. As part of the conference, the Head of the Israel Tax Authority, Eran Yaakov, opened the day’s trading on TASE.