News Centre

Juniper Research: Mobile Money Users In Emerging Markets To Exceed 1.2 Billion Globally By 2025, As P2P And Merchant Payments Surge

Date 30/11/2020

A new study from Juniper Research has found that the total number of mobile money users in emerging markets will exceed 1.2 billion in 2025, up from 980 million in 2020; equating to just under 30% of all mobile phone users across emerging markets.

Monetary Authority Of Singapore: Non-Bank Financial Institutions To Have Access To FAST And PayNow

Date 30/11/2020

The Monetary Authority of Singapore (MAS) announced today that eligible non-bank financial institutions (NFIs) will have direct access to the banking system’s retail payments infrastructure from February 2021. NFIs that are licenced as major payment institutions under the Payment Services Act will be allowed to connect directly to Fast and Secure Transfers (FAST) and PayNow . 

ASIC Issues Information Sheet On Managing Conduct Risk During LIBOR Transition

Date 30/11/2020

ASIC has today published Information Sheet 252: Managing conduct risk during LIBOR transition (INFO 252) on practical guidance that Australian entities can adopt to manage conduct risk during the London Interbank Offered Rate (LIBOR) transition.

Securities Commission Malaysia Announces Appointment Of New Chairman To Its Audit Oversight Board

Date 30/11/2020

The Securities Commission Malaysia (SC) today announced the appointment of Dato’ Anantham Kasinather as the non-executive Chairman of its Audit Oversight Board (AOB) effective 1 December 2020.

Amman Stock Exchange Weekly Summary

Date 29/11/2020

To know more about the Weekly performance for 22-26/11/2020 visit the link below:

https://bit.ly/2FnaQPa

DIFC FinTech Hive And FinTech-Aviv Reach Landmark Agreement

Date 29/11/2020

• Agreement outlines partnership opportunities between DIFC FinTech Hive and Israel’s FinTech Aviv, focused on innovation and financial technology
• Agreement follows new economic collaboration between the two countries following historic agreement between UAE and Israel

Dubai Financial Services Authority Sanctions Upheld Against Dr Mubashir Sheikh For Serious Misconduct

Date 29/11/2020

The Financial Markets Tribunal (FMT) has upheld enforcement action taken by the Dubai Financial Services Authority (DFSA) against Dr Mubashir Ahmed Sheikh for serious misconduct including misleading and deceptive behaviour.

Euronext Confirms Successful Oslo Børs Cash Equities, Structured Products And ETFs Migration To Euronext Systems

Date 28/11/2020

What Has Central Bank Independence Ever Done For Us? - Speech By Andy Haldane, Bank Of England Chief Economist And Member Of The Monetary Policy Committee, Given At The UCL Economists’ Society Economics Conference

Date 28/11/2020

Andy Haldane sets out what we mean when we say the Bank of England is independent. And he explains why that is important for the work we do to control inflation and keep banks safe.

UAE Securities And Commodities Authority Puts Into Effect The Shareholders’ Agent Mechanism At General Meetings Of Shareholders, In Line With Its Decision Approving The Public Joint-Stock Companies’ Governance Guide

Date 28/11/2020

As part of its keen efforts to promote the participation of minority shareholders at general meetings of publicly-traded companies—in line with the best international practices—and to ensure that they take part in decision-making; voice their views; and discuss draft resolutions, the Securities and Commodities Authority (SCA) has taken all actions necessary to bring into effect the articles on the shareholders’ agent provided under the SCA Board Chairman’s Decision No. (3/Chairman) of 2020 Approving the Public Joint-Stock Companies’ Governance Guide.