News Centre

Consolidated Audit Trail - Surveillance Without Kicking The Can Down The Road

Date 16/07/2021

The civic concerns on the Consolidated Audit Trail (CAT) about Massive Government Surveillance should not be treated lightly. According to M.I.T. professor Gary Marx’s statements in this study, “…most people in our society would object to this solution, not because they wish to commit any wrongdoings, but because it is invasive and prone to abuse … fails to take into consideration a number of important issues when collecting personally identifiable data or recordings … such practices create an archive of information that is vulnerable to abuse by trusted insiders … In addition, allowing surreptitious surveillance of one form, even limited in scope and for a particular contingency, encourages government to expand such surveillance programs in the future. It is our view that the danger of a ‘slippery slope’ scenario cannot be dismissed as paranoia …”

NGX, NG Clearing Hold Engagement Session with PFAs on Derivatives

Date 16/07/2021

Nigerian Exchange (NGX) Limited in collaboration with NG Clearing hosted an engagement with Pension Fund Administrators (PFAs) on NGX derivatives market on 8 July 2021. The virtual session was part of NGX’s efforts to improve the understanding of derivatives and prepare market participants for the imminent launch of derivatives in the Nigerian capital market.

MOEX Records First GCC-Repo Trades With Precious Metals Used As Collateral

Date 16/07/2021

On 15 July 2021, Asian-Pacific Bank (APB) and RT-Finance executed the first GCC-repo transactions using precious metals as collateral.

UK Financial Conduct Authority: Workstreams Updates

Date 16/07/2021

In response to the coronavirus (Covid-19) pandemic, we reviewed our work plans to delay or postpone activity not critical to protecting consumers and market integrity in the short term.

Borsa İstanbul’s Opening Bell Rang For Kartal Yenilenebilir Enerji Üretim A.Ş.

Date 16/07/2021

Successfully completed on July 9-12, 2021, the opening bell ceremony of Kartal Yenilenebilir Enerji’s (Renewable Energy) initial public offering (IPO) was held at Borsa İstanbul. Started to be listed in Borsa İstanbul as of July 16, the company reached a value of 120 million TL.

BaFin: Credit Cards With Financing Options: No-Fee Offers Can Become Expensive

Date 16/07/2021

Credit cards that can be used to finance purchases can become expensive, even if providers advertise them as being “no fee”. Before consumers decide to take out a credit card, they should therefore carefully compare the different offers. BaFin, advising consumers to do so, provides a number of tips on this topic on its website.

Hong Kong Securities And Futures Commission: Warning Statement On Unregulated Virtual Asset Platforms

Date 16/07/2021

The Securities and Futures Commission (SFC) is aware that Binance has offered trading services in stock tokens (Stock Tokens) in a number of jurisdictions and is concerned that these services may also be offered to Hong Kong investors.  The SFC wishes to make it clear that no entity in the Binance group is licensed or registered to conduct “regulated activity” in Hong Kong.

CFFEX: Notice On Listing Of New Stock Index Futures And Stock Index Options Contracts

Date 16/07/2021

It is hereby announced that:

• The IF2203 CSI 300 stock index futures contract is scheduled to be listed on July 19, 2021 at the base price of 5021.2.
• The IC2203 CSI 500 stock index futures contract is scheduled to be listed on July 19, 2021 at the base price of 6690.
• The IH2203 SSE 50 stock index futures contract is scheduled to be listed on July 19, 2021 at the base price of 3344.8.
• The IO2110 series CSI 300 stock index options contracts are scheduled to be listed on July 19, 2021.

Borsa Istanbu - BIST Market Cap Weighted Stock Indices Ground Rules Have Been Updated Due To Changes In BIST Sustainability Index Assessment Methodology

Date 16/07/2021

BIST Market Cap Weighted Stock Indices Ground Rules have been updated in order to reflect the changes in BIST Sustainability Index assessment methodology and the correction of the free float ratios for the shares that started to be traded for the first time in the secondary market with the free float ratios  announced by CDC at the last business day of the week in which the said share started to be traded, effective from the third business day of the week.

ESMA Publishes Its Third Report On CSDR Implementation

Date 16/07/2021