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  • COVID-19 Key Driver To Reinvent Fintech Businesses, Says GlobalData

    Date 20/01/2021

    As the COVID-19 pandemic continues to create economic uncertainty, several fintechs have started to realign their growth strategies. While some fintechs have been at the forefront to grab new opportunities, others need to reinstate their efforts to stay relevant to the market, says GlobalData, a leading data and analytics company.

  • Moscow Exchange: Risk Parameters Change For The Security BABA-RM

    Date 20/01/2021

    As per the Securities market risk parameters methodology, on 20.01.2021, 10-06 (MSK) the upper bound of the price band (up to 20450) and initial margins (up to 18.75 %) for the security BABA-RM were changed. New values are available here

  • Davis Polk & Wardwell And Herbert Smith Freehills Top M&A Legal Advisers In APAC For 2020, Reveals GlobalData

    Date 20/01/2021

    Davis Polk & Wardwell and Herbert Smith Freehills were the top mergers and acquisitions (M&A) legal advisers in the Asia-Pacific (APAC) region for 2020 by value and volume, respectively. Davis Polk & Wardwell advised on 44 deals worth US$72.3bn, the highest value among all the advisers. Meanwhile, Herbert Smith Freehills advised on 81 deals worth US$23.6bn. A total 7,621 M&A deals were announced in the region during 2020, marking a 15.6% increase over the 6,594 deals announced in 2019, finds GlobalData, a leading data and analytics company.


  • IMF Executive Board Approves US$2.7 Billion Precautionary And Liquidity Line For Panama To Address COVID-19 Pandemic

    Date 20/01/2021

    • The IMF Executive Board approved today a two-year arrangement for Panama under the Precautionary and Liquidity Line (PLL) in the amount equivalent to US$2.7 billion (SDR 1.884 billion). The PLL will serve as insurance against extreme external shocks stemming from the COVID-19 pandemic.
    • The access under the PLL in the first year will be equivalent to about US$1.35 billion ( 0. 942 billion SDR). The authorities intend to treat the arrangement as precautionary.
    • Panama qualifies for the PLL thanks to its sound economic fundamentals, strong institutional policy frameworks, long track record of good economic performance and policy implementation, and commitment to maintain such policies in the future. The arrangement should boost market confidence and provide protection against downside risks.

  • Shelley E. Parratt, Acting Director Of The Division Of Corporation Finance, To Conclude SEC Career After 35 Years Of Service

    Date 19/01/2021

    The Securities and Exchange Commission today announced that Shelley E. Parratt, Acting Director of the SEC's Division of Corporation Finance, is retiring next month after 35 years of service to the Commission. Ms. Parratt joined the SEC's Division of Corporation Finance in 1986, served as its deputy director since 2003, and served as Acting Director of the Division three separate times.