News Centre

The Saudi Arabia Capital Market Authority And The Saudi Bar Association Launch The Initiative Of Accreditation Standards For Lawyers Specialized In Securities Cases

Date 20/12/2022

The Capital Market Authority (“CMA") and the Saudi Bar Association (“SBA") have launched the Initiative of Accreditation Standards for Lawyers Specialized in Securities Cases (“Initiative") which aims to improve the level of professional specialization for lawyers in the securities and relevant activities, and raise the efficiency of pleading before Committees for the Resolution of Securities Disputes in a way best services the development of the Saudi capital market and its participants.

Cross-Agency Steering Group Announces Collaboration With CDP To Enhance Data Availability And Sustainability Reporting In Hong Kong

Date 20/12/2022

The Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) today (20 December) announced that it has entered into a collaboration arrangement with CDP, an international non-profit organisation that runs the global environmental disclosure system for companies, to jointly enhance climate data availability and sustainability reporting in Hong Kong.

Maktoum bin Mohammed Chairs Meeting Of DIFC Higher Board Of Directors - His Highness Reviews The Achievements Of DIFC’s Independent Bodies In 2022

Date 20/12/2022

• Maktoum bin Mohammed: DIFC has played an instrumental role in increasing the diversity and depth of the UAE and Dubai’s financial services sector
• "Guided by Mohammed bin Rashid’s vision, we continue to work to raise the UAE and Dubai’s position as a leading global business and financial services hub.”
• Board praises progress in achieving the objectives of DIFC’s 2030 Strategy, especially the development of Dubai into a financial innovation and technology hub
• Meeting discusses how DIFC can set an example for the financial industry in contributing to global climate, environmental, social and governance goals

The Saudi Arabia Capital Market Authority Holds “The Story Of The Market” Evening Celebrating The Book Launch

Date 20/12/2022

The Capital Market Authority (“CMA") held, Tuesday, an evening hailing the launch of a new book titled “The Story of the Market" which documents key stages in the Saudi Capital Market's history that haven't' been tackled before.  

Amman Stock Exchange: Public Holiday For Christmas And New Year

Date 20/12/2022

According to the Prime Minister statement regarding suspension of the work of ministries, official departments, public institutions and bodies on the occasions of Christmas and New Year’s Eve. The Amman Stock Exchange (ASE) will suspend its work on Sunday 25/12/2022 and Sunday 01/01/2023.

Shanghai Futures Exchange: Announcement On The Release Of Steel Rebar Futures Option Contract Specifications And Silver Futures Option Contract Specifications

Date 20/12/2022

The Steel Rebar Futures Option Contract Specifications and Silver Futures Option Contract Specifications of the Shanghai Futures Exchange, which have been approved by the Board of Directors of Shanghai Futures Exchange and reported to the China Securities Regulatory Commission, are hereby released and will come into effect from the date of listing the contracts.

UK Financial Conduct Authority And UK Prudential Regulation Authority: TSB Fined £48.65m For Operational Resilience Failings

Date 20/12/2022

The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have fined TSB Bank plc (“TSB”) a total of £48,650,000 for operational risk management and governance failures, including management of outsourcing risks, relating to the bank’s IT upgrade programme. Technical failures in TSB’s IT system ultimately resulted in customers being unable to access banking services.

London Stock Exchange Group PLC Transaction In Own Shares

Date 20/12/2022

London Stock Exchange Group plc (LSEG) announces that it has purchased the following number of its voting ordinary shares of 6^79/86 pence each on the London Stock Exchange from Morgan Stanley & Co. International Plc (Morgan Stanley) as part of the second tranche of its share buyback programme, as announced on 7 October 2022:

HKEX In 2022: Year In Review

Date 20/12/2022

2022 has been an extremely busy and productive year for Hong Kong Exchanges and Clearing Limited (HKEX). A significant number of new projects and initiatives went live or were announced, contributing to Hong Kong’s ongoing competitiveness and attractiveness as an international financial centre. Against a challenging macro economic and geopolitical backdrop, Hong Kong’s financial markets continued to demonstrate their resiliency and robustness, with the second half of the year showing signs of encouraging momentum in the IPO market and a particular strong performance in the derivatives market.

ASIC Provides Legislative Relief To Facilitate Employee Share Schemes

Date 20/12/2022

ASIC has made a legislative instrument that facilitates employee share schemes (ESS).