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Dubai Financial Services Authority Publishes Cyber Thematic Review Report
Date 24/06/2020
The Dubai Financial Services Authority (DFSA) today published a thematic review report on cyber risks. The Report highlights a number of important opportunities for operational risk management practices of Firms operating in the Dubai International Financial Centre (DIFC).
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New Report From Invesco Finds Record USD15.4bn In Gold Purchased By Exchange Traded Products In Q1 2020
Date 24/06/2020
A record USD15.4 billion in gold was purchased by exchange traded funds and similar products in Q1 2020 globally, equivalent to 298 tonnes, according to a new market report from Invesco. The volume highlights the depth of the coronavirus-led market shift towards ‘safe haven’ assets and the central role that exchange-traded products (ETPs) have played in supporting investors at this key time.
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FIA Applauds The Career Of Board Chair Jerome Kemp
Date 24/06/2020
FIA President and CEO Walt Lukken today applauded the career of FIA Board of Directors Chair Jerome Kemp as he announced his retirement from Citi, capping off a successful 36-year career in the futures industry—the last nine years at Citi as an FIA board member. Kemp will also step down as FIA chair, which he has held since 2018.
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Quant Network And SIA Successfully Tested Blockchain Interoperability - The Breakthrough Was Achieved By Integrating Quant Network’s Overledger Technology Into The SIAchain Private Blockchain Infrastructure To Enable Cross-Platform Applications And Services In Europe And Globally
Date 24/06/2020
Quant Network, a leading pioneer in enterprise blockchain technology, and SIA, European hi-tech company leader in the fields of payment services and infrastructures and a subsidiary of CDP Equity, have successfully tested cross blockchain interoperability between multiple Distributed Ledger Technology protocols.
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Shanghai Stock Exchange To Revise Compilation Scheme For SSE Composite Index
Date 24/06/2020
In order to make the index compilation more scientific and the index more representative, the Shanghai Stock Exchange (SSE) and the China Securities Index Co., Ltd. announced today that they will revise the scheme for the compilation of the SSE Composite Index on July 22, 2020.
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METACO SA And Frankfurt School Blockchain Center Form Strategic Partnership - Partnership Underlines Joint Commitment To Transforming The Financial Services Industry
Date 24/06/2020
METACO SA, the leading provider of security-critical infrastructure enabling financial institutions to enter the digital asset ecosystem, has formed a strategic partnership with Frankfurt School Blockchain Center (FSBC), the think tank and research center which investigates implications of the blockchain technology, crypto assets and distributed ledger technology (DLT) for companies and their business models.
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Bankers Almanac Celebrates 175th Anniversary - Continues To Be The Leading Source Of Global Financial Intelligence For Organisations Worldwide
Date 24/06/2020
Accuity, the leading global provider of financial crime screening, payments and know your customer (KYC) solutions, has marked the 175th anniversary of Bankers Almanac, one of the most authoritative and comprehensive sources of financial intelligence that informs the decisions of virtually every bank around the world.
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SET Adjusts Rule For Book Closing Date Or Record Date Notification For Certain Securities
Date 24/06/2020
The Stock Exchange of Thailand (SET) has revised the disclosure period of Book Closing Date or Record Date for certain securities as follows:
- Property Fund, Infrastructure Fund, and Investment Trust (REIT / Trust): SET has temporarily amended the regulations, effective from June 24 to December 31, 2020, to ease the impact of the COVID-19 pandemic by enabling issuers to respond to any situation that may arise in a timely manner. The notification of the Book Closing Date or Record Date for the rights to attend the securities holders’ meeting can be made no less than five business days in advance if the issuer has resolved to schedule the Book Closing Date or Record Date within December 31, 2020, and has implemented the ID verification of securities holders for securities holders’ meeting in compliance with the Notice of the Office of the Securities and Exchange Commission (SEC).
- ETFs, Derivative Warrants (DWs), and Depositary Receipt (DR): To notify the Book Closing Date or Record Date for any type of rights in advance not less than five business days to be in accordance with the securities types, effective from August 3, 2020 onwards.
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Shanghai Stock Exchange: Q&A On Revising Methodology Of SSE Composite Index
Date 24/06/2020
Q1: Can you brief us on the background of revising the methodology of the SSE Composite Index?
A: As the first stock index in the A-share market,the SSEComposite Index was launched in 1991 and its core methodology is still in use today. In recent years, there have been many voices among the market participants regarding revision of the methodology of the SSE Composite Index, with frequent complaintsincluding “distortion of the SSE Composite Index” and “failure to fully reflect changes in the market structure”, etc. During the Two Sessions this year, the market insiders including the deputies to the National People’s Congress (NPC) and the members of the national committee of theChinese People’s Political Consultative Conference (CPPCC) once againproposed to improve the methodology of the SSE Composite Index.
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UK Financial Conduct Authority Announces Pensions Value For Money Consultation
Date 24/06/2020
The FCA is today bringing forward proposals that are designed to promote value for money for the members of workplace personal pension schemes with the announcement of a new Consultation Paper.
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