News Centre

Dubai Financial Services Authority To Host Cyber Risk Forum

Date 14/11/2021

The Dubai Financial Services Authority (DFSA) will be hosting the DFSA Cyber Risk Forum on 16 November 2021. The virtual forum aims to raise awareness about cyber risks and promote cybersecurity maturity amongst companies operating in or from the Dubai International Financial Centre (DIFC). The event is intended for everyone involved in, or responsible for, cyber risk management, including board members, senior management, IT professionals, cyber security experts, and risk and compliance officers.

Qatar Stock Exchange: MSCI Semi-Annual Index Review Result

Date 14/11/2021

MSCI announced on 12 November 2021, the results of the Semi-Annual Index Review. 

Tehran Stock Exchange Weekly Market Review 6 November 2021 To 10 November 2021

Date 14/11/2021

Click here to download the TSE weekly market review for the week ended on 10 November 2021.

IMF Executive Board Approves US$372.4 Million Rapid Credit Facility Disbursement To Tanzania To Address The COVID-19 Pandemic

Date 13/11/2021

• Tanzania continues to experience substantial challenges from the COVID-19 pandemic and faces an ongoing urgent balance of payments need as the authorities implement a comprehensive emergency response plan, including a vaccination campaign.
• The IMF approved US$372.4 million in emergency financial assistance under the Rapid Credit Facility (RCF) in an amount equivalent to the recently early repurchased non-concessional financial assistance under the Rapid Financing Instrument (RFI). The fully concessional RCF emergency financing will facilitate the ongoing implementation of the authorities’ pandemic relief plans.
• The authorities remain committed to strengthening governance and transparency to ensure that the IMF financial resources are efficiently spent on addressing the crisis.

S&P Global And IHS Markit Merger Receives Conditional Clearance From The U.S. Department Of Justice

Date 12/11/2021

S&P Global (NYSE: SPGI) and IHS Markit (NYSE: INFO) announced today that they have reached a proposed agreement with the Antitrust Division of the U.S. Department of Justice (DOJ) that permits the companies to proceed with their $44 billion combination.

US Justice Department Requires Substantial Divestitures And Waiver Of A Non-Compete For S&P To Proceed With Its Merger With IHS Markit - Divestitures Will Preserve Competition Among Commodity Price Reporting Agencies And Waiver Of Non-Compete Will Promote Competition For The Sale Of Retail Gas Price Data

Date 12/11/2021

The Department of Justice announced today that it will require S&P Global Inc. (S&P) to divest three of IHS Markit Ltd.’s (IHSM) price reporting agency (PRA) businesses to resolve antitrust concerns arising from their proposed $44 billion merger. PRAs provide critical price discovery for numerous commodity markets, including markets where trades are done off-exchange in private transactions that are not subject to reporting obligations.  The divestitures of Oil Price Information Services (OPIS), Coals, Metals, and Mining (CMM), and PetrochemWire (PCW) will maintain competition in PRA services and protect customer access to essential pricing information. In addition, the department will require OPIS to end a 20-year non-compete with GasBuddy, a popular crowd-sourced retail gas price information app that has long provided OPIS with pricing data for resale to commercial customers. This non-compete has effectively prevented GasBuddy — a company well positioned to enter the retail gas price data market — from launching a data service that would compete with OPIS.

Fiserv To Present At Citi’s 2021 Annual FinTech Conference

Date 12/11/2021

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, announced today that   Frank Bisignano, President and Chief Executive Officer, will present virtually at Citi’s 2021 Annual FinTech Conference on November 15, 2021 at 1:30 p.m. ET.

Moscow Exchange: Risk Parameters Change For The Security QDEL-RM

Date 12/11/2021

As per the Securities market risk parameters methodology, on 12.11.2021, 20-29 (MSK) the upper bound of the price band (up to 11484) and initial margins (up to 42.5 %) for the security QDEL-RM were changed. New values are available here

Moscow Exchange: Risk Parameters Changes For The Securities AOS-RM, GM-RM, MAS-RM And AJG-RM

Date 12/11/2021

Please follow the links below to access the information:

Risk parameters change for the security AOS-RM
Risk parameters change for the security GM-RM
Risk parameters change for the security MAS-RM
Risk parameters change for the security AJG-RM

Nigerian Exchange Weekly Market Report For November 12th, 2021

Date 12/11/2021

A total turnover of 1.471 billion shares worth N20.941 billion in 20,410 deals were traded this week by investors on the floor of the Exchange, in contrast to a total of 1.428 billion shares valued at N12.373 billion that exchanged hands last week in 23,987 deals.