News Centre

Qatar Stock Exchange: Two Webinars To Introduce The Book-Building Mechanism In IPOs

Date 11/01/2023

The Qatar Stock Exchange is pleased to announce the holding of two evening webinars, to introduce the Book-Building mechanism as per the Offering and Listing Regulations issued by the Qatar Financial Markets Authority. 

UK Financial Conduct Authority Penalises Al Rayan Bank PLC For Anti-Money Laundering Failures 

Date 11/01/2023

The FCA has fined Al Rayan Bank PLC (Al Rayan) £4,023,600 for failing to put in place adequate anti-money laundering (AML) controls.  

UK Financial Conduct Authority: Financial Watchdog Consults About Protections For Insurance Customers In Financial Difficulty

Date 11/01/2023

The FCA is proposing to update guidance, introduced during the Covid-19 pandemic, to support insurance customers in financial difficulty.

Shieldpay Appoints Isabel Pitt As Product Director

Date 11/01/2023

Shieldpay, the market leader in solving complex B2B payments, has today announced the recent appointment of Isabel Pitt as Product Director. Isabel will lead the Product team under the recently appointed CTPO Andrew Hawkins and will further develop the company’s product offerings in line with its next stage of innovation and growth.

Borsa İstanbul’s Opening Bell Rang For QNB Finansbank Clean Energy Index

Date 11/01/2023

Within the framework of its activities on sustainability and combating climate change, QNB Finansbank has added the QNB Finansbank Clean Energy Index to the capital market instruments it offers to investors. On January 11, QNB Finansbank Clean Energy Index was launched with the Opening Bell Ceremony held at Borsa İstanbul. The ceremony was held with the attendance of Borsa İstanbul A.Ş. CEO Korkmaz Ergun, QNB Finansbank Chairman Ömer Aras, QNB Finansbank CEO Ömür Tan, QNB Finansportföy Chairman Enis Kurtoğlu, QNB Finansportföy CEO Egemen Erden and QNB Finansbank Committee Chairman Yeliz Ataay Arıkök.

Egypt's Prime Minister Discusses With FRA & EGX Latest Developments Of The Capital Market And Non-banking Financial Services Sector

Date 11/01/2023

Dr. Mostafa Madbouly, Egyptian Prime Minister, held a meeting with Dr. Mohamed Farid, Chairman of the Financial Regulatory Authority (FRA), and Mr. Rami El-Dokany, Chairman of The Egyptian Exchange (EGX), to follow up on the latest developments in the Egyptian capital market.

CUBE Acquires The Hub To Extend Further Its Automated Regulatory Intelligence (ARI) Technology

Date 11/01/2023

CUBE, a global leader in Automated Regulatory Intelligence (“ARI”), today announced its acquisition of The Hub, a leading RegTech firm providing highly innovative artificial intelligence solutions for capturing and monitoring unstructured data across the regulatory internet.

Trading Platform pnladvanced.de: BaFin Expands Its Investigation

Date 11/01/2023

On 30 November 2022, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) published a notice on its website to inform the public that it had opened supervisory investigations into the operators of the platform pnladvanced.com. It has since emerged that an almost identical website is being operated at pnladvanced.de. On this website too, the operator is simply referred to as “PNL Advanced” or “PnL Advanced” and no details are given regarding the operator’s legal form. As with the platform pnladvanced.com, the website contains no legal notice and no information regarding the operator’s registered office. In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that the operator of the trading platform pnladvanced.de does not hold authorisation under the KWG to conduct banking business or provide financial services. It is still the case that this company is not supervised by BaFin.

Coincover Appoints Katharine Wooller As Business Unit Director To Conclude Year Of Rapid Growth - As An Award-Winning And Published Industry Expert, New Hire Will Accelerate Coincover At Critical Time For Crypto Industry

Date 11/01/2023

Today, Coincover – the leading digital asset protection technology company – announces the appointment of Katharine Wooller as Business Unit Director, bolstering the firm’s profile with her extensive expertise. The news concludes a year of tremendous growth for the company, just months after Coincover launched its new staking technology and exclusive partnership with  Pranksy®’s NFTboxes®.

Retail Investors More Bullish On Equity Indices At Year End: Spectrum Markets

Date 11/01/2023

• SERIX sentiment indicator for all US and European equity indices trended bullish in December
• Trading likely driven by expectation of ‘December bounce’ and short-term profit-taking
• 116 million securitised derivatives were traded on Spectrum last month