News Centre

UAE Regulators And Financial Markets Participate In IOSCO’s World Investor Week

Date 05/10/2020

Securities and Commodities Authority (SCA), Abu Dhabi Securities Exchange (ADX), Dubai Financial Market (DFM), Dubai Gold and Commodities Exchange (DGCX), Abu Dhabi Global Market (ADGM), ADGM Academy, Dubai Financial Services Authority (DFSA), Nasdaq Dubai, and CFA Institute, are all participating in the events held by the International Organization of Securities Commissions (IOSCO) on October 4 as part of World Investor Week 2020.

HKEX To Launch Enhanced Pre-Opening Session For Its Securities Market, And New ETP Listing-Day POS Price Limit

Date 05/10/2020

Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) announced that it will launch a range of enhancements to the Pre-Opening Session (POS) in its securities market, effective Monday, 19 October 2020.

UK Financial Conduct Authority Assists Innovative Companies In Tackling Coronavirus Challenges

Date 05/10/2020

The FCA has opened application windows for two ‘sandbox’ services to support innovative firms tackling challenges caused by the coronavirus (Covid-19) pandemic.

Deutsche Börse: Qualification Criteria, International Standards, Transparency- Market Consultation On DAX Reform Launched

Date 05/10/2020

Today, Qontigo’s global index provider STOXX Ltd. launched a market consultation as part of a reform of the DAX Selection Indices. The objective is to introduce extended qualification criteria for index membership in the DAX Selection Indices (DAX, MDAX, SDAX and TecDAX), and to align them with international index standards. High capital market relevance and objectivity must be maintained; at the same time, transparency and predictability must be further strengthened.

As Part Of The World Investor Week 2020: Dubai Financial Market And Nasdaq Dubai Ring The Bell To Promote Financial Literacy And Investor Awareness - The Two Exchanges Organize Two Webinars For Investors And Brokers About Equity Futures

Date 05/10/2020

The Dubai Financial Market (DFM) and Nasdaq Dubai today hosted a bell ringing ceremony with the participation of the Securities and Commodities Authority (SCA), on the occasion the World Investor Week 2020, an initiative of the International Organization of Securities Commissions (IOSCO), aiming to promote investors awareness and protection of their rights.

Allica Bank Announces The Hiring Of Three Fintech Heavyweights

Date 05/10/2020

• Allica Bank appoints Conrad Ford, founder of Funding Options, as Chief Product Officer
• Andy Carroll, formerly Group Head of Product at Equals joins as Head of Product, Payment Accounts
• Chloe Fenton, formerly of Liberis, joins the bank as new Head of Marketing 

JBA Risk Management Launches Climate Change Analytics: Groundbreaking Data Supporting Global Financial Sector With Long-Term Risk Management - Sophisticated Data Suite For International Banking And Finance Sector Designed To Show How Flood Risk And Associated Financial Risk May Change As A Result Of A Warming Climate

Date 05/10/2020

JBA Risk Management (“JBA”), the global leader in flood risk science, today announces the launch of its Climate Change Analytics; a sophisticated data suite developed to help banks, lenders, investors, and the wider global financial sector to understand the potential long-term impacts of climate change and to meet regulatory requirements.

Monetary Authority Of Singapore And Financial Industry Extend Support For Individuals And SMEs Who Need More Time To Resume Loan Repayments

Date 05/10/2020

The Monetary Authority of Singapore (MAS), together with the Association of Banks in Singapore (ABS) and the Finance Houses Association of Singapore (FHAS), today announced an extension of support measures to help individuals and Small and Medium-sized Enterprises (SMEs) facing cashflow difficulties transition gradually to full loan repayments.  These extended measures will progressively expire over 2021.

NEXI And SIA, Agreement For The Creation Of The European Digital Payments PayTech Leader - Signed A Memorandum Of Understanding Among NEXI, SIA, CDP Equity, FSIA And Mercury UK

Date 05/10/2020

• Creation of an Italian player of European scale, ready to seize consolidation opportunities at international level
• Creation of a new technological and digital innovation hub in Italy
• Best in class portfolio of solutions and capabilities across the digital payment ecosystem and with full coverage of the payments value chain, also at international level
• Significant value creation with fully-phased recurring cash synergies estimated at ~ €150 million and ~ €65 million of one-off capex synergies. Double digit cash EPS accretion in 2022
• €1.8 billion pro-forma aggregated revenues and €1 billion pro-forma aggregated EBITDA as of 31 December 2019
• Exchange ratio resulting in a split of the pro-forma share capital equal to 70% for Nexi shareholders and 30% for SIA shareholders
• CDP as anchor investor to support strategic development in Italy and Europe, with a relative majority stake slightly in excess of 25%

AIX To Expand The List Of Exchange-Traded Notes With Exposure To The Global Markets For Local Retail Investors

Date 05/10/2020

Astana International Exchange (“AIX”, “Exchange”) announces the launch of four new exchange-traded notes (“ETNs”, “Notes”) in order to provide local retail investors with a broader range of investment options. iX ETNs provide a low-cost way to build a globally diversified portfolio and are paving the way for a broad range of exchange-traded products which are expected to be registered in the AIFC jurisdiction.