News Centre

Dubai Financial Services Authority Launches Innovation Testing Licence For FinTech Firms

Date 24/05/2017

The Dubai Financial Services Authority (DFSA) has today announced that it will allow financial technology (FinTech) firms to apply for a class of financial services licence referred to as an Innovation Testing Licence (ITL). This initiative signals the next phase of the DFSA’s regulatory roadmap to foster innovation in Dubai.

Qatar Stock Exchange & Stenden University In Qatar Sign MoU For Cooperation In The Fields Of Education And Training

Date 24/05/2017

Qatar Stock Exchange (QSE) and Stenden University in Qatar (SUQ) today signed a Memorandum of Understanding (MoU) to promote collaboration between the two sides.

ADX Honors Winners Of “Teslam 2016” Excellence Awards

Date 24/05/2017

Abu Dhabi Securities Exchange (ADX) honored its distinguished employees for the year 2016 as part of the Annual Teslam Excellence Awards. The awarding ceremony was organized by ADX with the presence of Rashed AlBlooshi, ADX Chief Executive, and senior management team of the Exchange.

ADGM Partners IBPG On India-UAE Start Up Investor Day

Date 24/05/2017

The Indian Business & Professional Group (IBPG) and Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, under the patronage and support of the Embassy of India in Abu Dhabi, have successfully collaborated and completed the “India-UAE StartUp Investor Day” series with the finale event in Abu Dhabi on 24 May 2017. A total of 16 tech startups and innovators from India presented their unique solutions and innovations to more than 250 industry leaders, potential investors, regulators in Dubai and Abu Dhabi during the week.

UK's Financial Conduct Authority Secures Eight Confiscation Orders Totalling Almost £2.2 Million

Date 24/05/2017

The Central Criminal Court has made confiscation orders against the two final defendants who were convicted of offences following one of the FCA’s largest investigations into unauthorised activity. 

Hong Kong's Securities And Futures Commission Emphasises Liabilities Of Listed Companies’ Senior Management

Date 24/05/2017

The Securities and Futures Commission (SFC) today published the latest issue of its Enforcement Reporter in which it reminded the senior management of listed companies about the high standards expected of them. Directors and senior executives are urged to honestly and diligently discharge their duties to prevent fraud, manage conflicts of interests, promptly disclose inside information and always put the company’s interests before their own in order to protect the interests of all shareholders as well as to protect themselves from investigation and enforcement action.

Speech By Bénédicte Nolens, Senior Director, Risk And Strategy, Hong Kong's Securities And Futures Commission: Update On SFC Fintech Initiatives

Date 24/05/2017

A speech entitled "Update on SFC Fintech initiatives" delivered by Ms Bénédicte Nolens on 23 May 2017 was posted on the SFC website today.

HKEX: Mandatory Intra-Day Variation Adjustment Call In Respect Of The Tuen Ng Festival

Date 24/05/2017

All markets operated by the Hong Kong Futures Exchange will be closed for business on 30 May 2017. In order to assure that safeguards are in place against potential market risks that may arise during the aforesaid period when some of the major markets are open, the Clearing House has decided to make a mandatory intra-day variation adjustment call on Clearing Participants in the Hang Seng Index, Mini-Hang Seng Index, H-Shares Index, Mini H-Shares Index, HSCEI Dividend Point Index and USD/CNH Futures markets on Monday, 29 May 2017.

PEGAS Market Trading Around Spring Bank Holiday And Ascension Day 2017

Date 24/05/2017

PEGAS Futures Markets (including the OTC Clearing web platform and STP) will be closed on Spring Bank Holiday (May 29). 

Revenues Generated Abroad By Spanish Listed Companies Reaches A Record High - Report By BME On Trends In The Revenues Of Spanish Listed Companies Report By BME On Trends In The Revenues Of Spanish Listed Companies

Date 24/05/2017

• 65.5% of the revenues of Spanish listed companies in 2016 originated outside Spain, a record high and 20 points above that of ten years ago
• IBEX 35 companies account for the highest percentage of foreign revenues, at 65.80%
• In 28 out of the 123 companies studied over 80% of sales are generated abroad
• In the last twenty years, foreign revenues by Spanish companies has consistently grown by 43%
• IBEX Medium and IBEX Small Cap companies in 2016 also offer high foreign revenues percentages, of around 64%