News Centre

AFME Appoints Caroline Liesegang As Head Of Prudential Regulation And Research

Date 16/03/2022

The Association for Financial Markets in Europe (AFME) has appointed Caroline Liesegang as Managing Director, Head of Prudential Regulation and Research, leading the Association’s work on the prudential framework for banks. Caroline succeeds Michael Lever, who retired at the end of 2021, after 10 years at AFME.

Leading European Bank Societe Generale Expands Client Offering Through DIFC

Date 16/03/2022

• Societe Generale Middle East reinforces its regional expansion strategy with license upgrade, reflecting its optimism in the region.
• Demonstrates client confidence in DIFC’s platform to capture growth opportunities.

Zero Tolerance And Strictness:Keynotes In Shanghai Stock Exchange’s Report On Front-line Regulation In 2021

Date 16/03/2022

In 2021, under the unified leadership of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) implemented the decisions and arrangements of the CPC Central Committee and the State Council for crackdown on securities violations in accordance with the law. To achieve the end, the SSE adhered to the guidelines of “building the system, non-intervention, and zero tolerance” and followed the work requirements for “standing in awe of the market, the rule of law, expertise and investors, and forging synergy in comprehensive support for reform, development and stability of the capital market”. Besides, the SSE stuck to the people-oriented nature of the capital market, performed the duties of self-regulatory management, strengthened the front-line regulation in an all-round manner, and severely punished securities violations in accordance with laws and regulations. In addition, the SSE attached more importance to improving the promptness, transparency and synergy of the front-line regulation, maintaining an open, fair and just market order, and protecting the legitimate rights and interests of small and medium-sized investors.

Tokenise And ScribeStar Partner To Digitalise Admissions And Data Feeds For Security Tokens Exchange

Date 16/03/2022

Tokenise, the new ownership exchange for security tokens, including fractional ownership and royalties, has today signed a letter of intent with ScribeStar, a capital markets technology company, to fully digitalise the admissions process for digital assets on the Tokenise Stock Exchange.

Exegy Unveils New Product Portfolio - Unified Solutions Suite Positions Company For Global Expansion

Date 16/03/2022

Exegy Inc., a global leader in high-performance market data, predictive signals, trading platforms, and execution technology, today unveiled its expanded product portfolio that provides more comprehensive solutions across the capital markets ecosystem.

Volante Technologies Launches Service To Accelerate ISO 20022 Payments Modernization - Powered By Volante’s Low-Code Technology, The ISO 20022 Service Provides API Components Based On Comprehensive Standards Libraries, Simplifying ISO 20022 Adoption For Financial Institutions

Date 16/03/2022

Volante Technologies, the global leader in cloud payments and financial messaging, today announced the launch of the Volante ISO 20022 Service. This value-added service simplifies the complexity of ISO 20022 modernization for any organization involved in the processing of payment messages, from banks and financial institutions to fintechs and payment service providers (PSPs).

Borsa Istanbul: Uptick Rule Will Be Applied In The Session Dated 16 March 2022 In The Equity Market

Date 16/03/2022

It has been decided that the up-tick rule in short selling transactions to be valid for one day during the session dated 16 March 2022.

UBS MTF – Transfer Of Business Activities To Aquis Exchange

Date 16/03/2022

Aquis Exchange (AQXE), the pan-European large and mid-cap equities trading arm of Aquis Exchange PLC, announces that it will assume the business activities of UBS MTF, the non-displayed matching pool of UBS MTF Limited (a subsidiary of UBS AG), subject to regulatory approval and completion.

Shanghai Stock Exchange, China Securities Investor Services Center Ink MoU On Deepening Overall Cooperation

Date 16/03/2022

On March 15, the Shanghai Stock Exchange (SSE) and the China Securities Investor Services Center (ISC) held a ceremony via video link to sign the memorandum of understanding on comprehensively strengthening cooperation, aiming at better implementation of the arrangements of the CPC Central Committee, the State Council and the China Securities Regulatory Commission (CSRC) on investor protection, firm adherence to the people-oriented principle of the capital market, and effective protection of the legitimate rights and interests of investors. The SSE and the ISC agreed to cooperate in the area of exercise of shareholders’ rights, dispute resolution, rights protection and litigation, investor education, training for companies and holding investor service forums. The signing of the MoU was also a move made by both sides to thoroughly study and implement the requirements at the 2022 work conference of the CSRC system and the requirements at the investor protection work conference. Among those attending the ceremony were officials and liaison officers of the SSE and the ISC.

New Zealand Financial Markets Authority: ‘No Action’ Relief As A Result Of COVID-19

Date 15/03/2022

COVID-19 continues to have a significant impact on many market participants. We recognise that this may lead to practical difficulties which affect their ability to meet their regulatory obligations. Where a market participant breaches, or expects to breach, a regulatory obligation as a result of the COVID-19 circumstances and seeks relief from the FMA, the primary approach we intend to take is ‘no-action’.