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  • Singapore And Brunei Darussalam Enhance Cooperation In Financial Innovation

    Date 14/05/2018

    The Autoriti Monetari Brunei Darussalam (AMBD) and the Monetary Authority of Singapore (MAS) today signed a FinTech Cooperation Agreement (CA) to foster innovation in financial services between Brunei Darussalam and Singapore.

  • ASIC: IT Consultant Charged With gaining Unauthorised Access To Data And Insider Trading

    Date 14/05/2018

    IT consultant Steven Oakes, of Sydney, New South Wales, has been charged with a total of 115 offences for unauthorised access to data held in a computer, insider trading, and destroying or concealing books required by ASIC. The filing hearing for Mr Oakes’ charges was listed at the Melbourne Magistrates’ Court on 14 May 2018.

  • New Zealand's Financial Markets Authority: KiwiSaver Trial Focused On Members In Their 50s Gets Results

    Date 14/05/2018

    The interim results of a second FMA, MBIE and industry trial has shown targeted communications created using behavioural insights, are more likely to lead KiwiSaver members to make an active decision about their fund.

  • ASIC Consults On Short Selling Proposals

    Date 14/05/2018

    ASIC is seeking feedback on various proposals relating to both naked and covered short selling.

    ASIC’s public consultation coincides with the sunsetting of a number of related class orders, providing an opportunity to review our regulatory approach to short selling.

  • EGX: Trading Hours During Ramadan Holy Month

    Date 13/05/2018

    The Egyptian Exchange (EGX) decided that the trading session dates during the month of Ramadan to be as follows:

    • First : The trading session of listed securities (Main Market) from 10:00 am to 1:30 pm, preceded by a discovery session starts at 9:30 am.
    • Second: Small & Medium Enterprises Stock Exchange (NILEX) from 10:00 am to 1:30 pm.
    • Third: The time to record orders in the deals market for transactions with large volume from 9:15 am to 9:45 am. 
    • Fourth: The trading session for non-listed securities (Orders Market, OTC) on Monday and Wednesday only of each week from 11:30 am to 12:00 pm.
    • Fifth: The trading session for non-listed securities (Deals Market, OTC) from 09:30 am to 1:30 pm.
    • Sixth: The trading session for non-listed securities (Central Depository) from 10:00 am to 11:30 am.
    • Seventh: Time to divide Omnibus Accounts from 1:30 pm to 2:00 pm

     

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