News Centre

Nigerian Stock Exchange, Global Reporting Initiative Host Roundtable On Sustainable Development Goals

Date 22/07/2019

X-Academy, a knowledge platform of The Nigerian Stock Exchange (“the Exchange” or “NSE”) partnered with the Global Reporting Initiative (GRI), to host a roundtable on Sustainable Development Goals (SDGs) on Thursday, July 18, 2019, at Radisson Blu Anchorage Hotel in Lagos.  The workshop which was driven by the need to raise awareness on the inherent economic opportunities and social impact businesses can achieve by aligning their operations towards the achievement of the SDGs was sponsored by IHS Towers Nigeria. It was also organized to help organizations develop more innovative approaches in the communication of their sustainability initiatives and their contribution to the SDGs.

UK First As Sheffield Hallam And OSTC Launch Unique Financial Trading Degree

Date 22/07/2019

Students studying on a new financial trading course at Sheffield Hallam University will get to experience the fast-paced cut and thrust of the global derivatives markets on the first course of its kind to be launched in the UK.

Equifax to Pay $575 Million As Part Of Settlement With FTC, CFPB, And States Related To 2017 Data Breach, Settlement Includes Fund To Help Consumers Recover From Data Breach

Date 22/07/2019

Equifax Inc. has agreed to pay at least $575 million, and potentially up to $700 million, as part of a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau (CFPB), and 50 U.S. states and territories, which alleged that the credit reporting company’s failure to take reasonable steps to secure its network led to a data breach in 2017 that affected approximately 147 million people.

ESMA Publishes Its Annual Peer Review Report On EU CCPs Supervision

Date 22/07/2019

The European Securities and Markets Authority (ESMA) has today published its annual peer review report on the overall supervision of EU Central Counterparties (CCPs) by National Competent Authorities (NCAs).

Hong Kong’s Securities And Futures Commission - Independent Commission Against Corruption Operation Leads To Charging Of Ex-Convoy Global Executive Directors And Broker’s General Manager

Date 22/07/2019

Following the joint operation of the Securities and Futures Commission (SFC) and the Independent Commission Against Corruption (ICAC) in December 2017, the ICAC today charged five other individuals with conspiracy to defraud. 

Hong Kong’s Securities And Futures Commission: Takeovers Panel Rules Against Waiver Of General Offer Obligation In Proposed Maanshan Iron Acquisition

Date 22/07/2019

The Takeovers and Mergers Panel has ruled that a waiver of the general offer obligation under the Takeovers Code will not be granted to China Baowu Steel Group Corporation Limited if it proceeds with the proposed acquisition of a controlling shareholding interest in Maanshan Iron & Steel Company Limited from the State-owned Assets Supervision and Administration Commission of the People’s Government of Anhui Province (Anhui SASAC) at nil consideration. 

The First Batch Of 25 Companies Debuts On The Shanghai Stock Exchange STAR Market

Date 22/07/2019

On July 22, the listing ceremony of the first batch of companies on the SSE STAR Market is held in Shanghai. Li Qiang, Party Chief of Shanghai, and Yi Huiman, Chairman of the China Securities Regulatory Commission (CSRC) stroke the gong for the listing. More than 600 attendees including senior officials from Beijing, Shanghai, Heilongjiang, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong, and Shaanxi provinces, board chairpersons of the first batch of listed companies, and representatives from the CSRC agencies and the units in the CSRC system, market institutions, the Stock Listing Committee, Sci-tech Innovation Advisory Committee, Public Offering Self-discipline Committee for the SSE STAR Market as well as news media witnessed the ceremony.

GPW Launches The GPW Growth Programme

Date 22/07/2019

• GPW is launching one of the #GPW2022 strategic initiatives: GPW Growth, a programme of support for the development and transition of SMEs
• Participation in the programme will improve leadership competences and help to set a new course in corporate development
• GPW Growth will open the GPW Growth Academy this September

The Dubai Financial Services Authority Joins Network For Greening The Financial System

Date 22/07/2019

The Dubai Financial Services Authority (DFSA) announced today that it is now a member of the Central Banks and Supervisors Network for Greening the Financial System (NGFS), becoming one of the first regulatory authorities in the Middle East and North Africa (MENA) region to join the NGFS.

Digital Wallet Spend In Europe & North America To Increase By 40% In 2019, Juniper Research Study Finds

Date 22/07/2019

Consumer spend via digital wallets across Europe and North America will increase by 40% this year to nearly $790 billion, according to a new study from Juniper Research. It argued that the largest growth in 2019 would come from instore payments, with mobile contactless payments more than doubling across these regions.