News Centre

EGX: 30th Of June Holiday 2022

Date 28/06/2022

EGX decided that Thursday 30th of June 2022 is an official holiday, trading will be resumed effective Sunday 3rd of July 2022

ESMA Will Not Publish August Systematic Internaliser Regime Data For Non-Equity Instruments Other Than Bonds And CTP Data

Date 28/06/2022

The European Securities and Markets Authority (ESMA) will not publish the 1 August 2022 publication of the systematic internaliser (SI) regime data for non-equity instruments other than bonds, as well as that of the consolidated tape (CTP) data. This is due to operational constraints which prevent it from performing the scheduled calculations.

Borsa İstanbul Announces Constituent Changes To The BIST-KYD Fund Indices For The Third Quarter Of 2022

Date 28/06/2022

Referring to article 3.3. of the BIST-KYD Indices Ground Rules, constituent changes to the BIST-KYD Fixed Income Fund Index and BIST-KYD Equity Fund Index for the third quarter of 2022 are determined.

BME Makes Custody And Settlement Of Swiss Securities Available To Its Spanish Clients

Date 28/06/2022

• The connection between the Spanish and Swiss CSDs  is another step forward in the integration of BME into SIX, Europe's third largest financial market operator
• This development will reduce costs and times for Iberclear's, Spanish BME CSD, participants by simplifying the securities custody chain

Ernst & Young To Pay $100 Million Penalty For Employees Cheating On CPA Ethics Exams And Misleading Investigation - Largest Penalty Ever Imposed By SEC Against An Audit Firm

Date 28/06/2022

The Securities and Exchange Commission today charged Ernst & Young LLP (EY) for cheating by its audit professionals on exams required to obtain and maintain Certified Public Accountant (CPA) licenses, and for withholding evidence of this misconduct from the SEC’s Enforcement Division during the Division’s investigation of the matter. EY admits the facts underlying the SEC’s charges and agrees to pay a $100 million penalty and undertake extensive remedial measures to fix the firm’s ethical issues.

Hong Kong Securities And Futures Commission: Launch Of ETF Connect

Date 28/06/2022

The Securities and Futures Commission (SFC) and the China Securities Regulatory Commission (CSRC) today issued a joint announcement on the launch of ETF Connect. Trading of exchange-traded funds (ETFs) under Mainland-Hong Kong Stock Connect will commence on 4 July 2022 (Note 1).

The Future Of UK Fraud - Challenging High-Volume, Automated Crime

Date 28/06/2022

Currenxie Joins Amazon's Payment Service Provider (PSP) Program

Date 28/06/2022

Currenxie, the Hong Kong-headquartered cross-border payments company, today announced its official participation in Amazon's Payment Service Provider (PSP) Program. Through this programme, Amazon sellers around the world can now choose to use Currenxie to collect revenue from their sales and make payments to their suppliers anywhere, anytime, without additional fees.

UAE Securities And Commodities Authority Seeks Input From Market Participants And Stakeholders On Its Draft Decision To Improve The Governance Guide For Public Joint-Stock Companies

Date 28/06/2022

As part of its efforts to improve the governance of joint-stock companies in line with the best international standards and practices to ensure the protection of the rights of stakeholders, the Securities and Commodities Authority (SCA)—following its usual approach of seeking input from its partners in the financial industry before finalizing new regulations—published on its website, www.sca.gov.ae, a draft decision (no. 3 of 2020) modifying its guide on the governance of public joint-stock companies.

HKEX Stock Exchange Participants' Market Share Report

Date 28/06/2022

tock Exchange Participants' Market Share Report