News Centre

Under The Patronage Of Amman Stock Exchange, The CFA And The CFA Society Launches The Challenge Initiative For Research Challenge In Jordan

Date 02/03/2023

Under the patronage of the Amman Stock Exchange (ASE), the Chartered Financial Institute (CFA Institute) and the Jordanian Financial Analysts Association (CFA Jordan Society) launched the Challenge Initiative for Research Challenge in Jordan. The CEO of the ASE Mr. Mazen Wathaifi participated in the Panel of Judges, Teams from FIVE local leading Jordanian universities competed with a chance to participate at the regional and global levels.

Emirates NBD And Emirates Islamic Ring Nasdaq Dubai’s Market-Opening Bell To Celebrate Ground-Breaking Dirham Bond And Sukuk Listings

Date 02/03/2023

• The first of their kind issuances from financial institutions support the UAE Ministry of Finance’s efforts to develop the dirham bond and Sukuk markets, increasing funding and investment opportunities for both issuers and investors
• Emirates NBD Group bolsters its position as one of the largest debt issuers on Nasdaq Dubai with a total value in excess of AED 20 billion

MOEX Rings The Bell For Gender Equality

Date 02/03/2023

On 2 March 2023, a roundtable discussion on practical mechanisms for ensuring gender equality in publicly traded Russian companies was held at Moscow Exchange.

HKEX Announces Plans To Open London Office

Date 02/03/2023

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to confirm today (Thursday) that it will open an office in London in the first half of 2023. The new UK office will further expand the Group’s international reach, promoting greater global connectivity and facilitating opportunities for HKEX's customers and issuers around the world.

HM Treasury: Aligning The Ring-Fencing And Resolution Regimes: Call For Evidence

Date 02/03/2023

Summary

This Call for Evidence seeks views on the practicalities of aligning the ring-fencing and resolution regimes for banks and long-term options for reform.

Egytrans Celebrates Its 25th Anniversary Of Listing On EGX

Date 02/03/2023

The Egyptian Exchange (EGX) hosted EGYTRANS Company’s Ring a Bell celebrating the silver jubilee of listing on EGX.  The event was held in the presence of Rami El-Dokany, Chairman of the Egyptian Exchange (EGX), Heba El-Serafi, Vice Chairman of the EGX, and top management of EGYTRANS, headed by Gamal Moharram, Chairman of the Board of Directors and Eng. Abir Laheta, Chief Executive Officer.

CME Group Announces Record Aluminum Futures Volume, Open Interest

Date 02/03/2023

CME Group, the world's leading derivatives marketplace, today announced that participation in Aluminum futures is off to a strong start in 2023, reporting record average daily volume (ADV) in February of 3,161 contracts, up 300% year-over-year, as well as record average daily open interest of 2,549 contracts, up 711% year-over-year and extending through December 2024.

Zenus Bank And Visa Extend Partnership, Rolling Out First Visa Infinite Debit Card

Date 02/03/2023

Zenus Bank, the digital bank that makes U.S. bank accounts available internationally, without the need to be a U.S. citizen or resident, has become the first bank to launch Visa Infinite Debit Card to a global audience. 

Written Reply To Singapore Parliamentary Question On Protection For Singapore Companies Against Short Sellers

Date 02/03/2023

Question

To ask the Prime Minister (a) how are Singapore companies protected against short-selling companies like Hindenburg Report which earn money by betting on stocks falling especially when such reports may not be true; and (b) what safeguards do Singapore investment companies have against such short sellers undermining their assets.

Hong Kong Securities And Futures Commission: Investor Identification Regime To Take Effect On 20 March 2023

Date 02/03/2023

The Securities and Futures Commission (SFC) reminds the investing public that the Hong Kong investor identification regime (HKIDR) (Note 1) will commence on 20 March 2023. Investors who have not yet responded to their intermediaries’ requests for consent to transferring their client identification information should do so promptly.

Under the HKIDR and Hong Kong’s data privacy laws, including the Personal Data (Privacy) Ordinance, intermediaries need to obtain individual clients’ express consent to submitting their identification information to the SFC and the Stock Exchange of Hong Kong Limited (SEHK). The information is encrypted in the data repository and accessible only to authorised personnel of the SFC and SEHK. Intermediaries have generally requested clients to provide this consent and update their identification information.

After the launch of HKIDR, individual investors who have not provided this consent will only be able to sell their securities holdings on SEHK but not buy additional securities.

“The launch of the investor identification regime is in line with international practices,” said Ms Julia Leung, the SFC’s Chief Executive Officer. “Regulators will have real-time information about investor identity for securities orders. This will no doubt strengthen our market surveillance capability, uphold market integrity and bolster investor confidence.”

Details of the HKIDR requirements can be found in the “Information for investors” section of the SFC’s dedicated HKIDR webpage.

End

Note:

1. Upon the launch of the HKIDR, relevant licensed corporations and registered institutions are required to tag Broker-to-Client Assigned Numbers (BCANs) to securities orders to be executed on SEHK and to off-exchange trades reportable to SEHK, and submit to the SFC and SEHK their clients’ names and identity information.