News Centre

The Saudi Stock Exchange (Tadawul) Announces Renaming The “Media” Industry Group To “Media And Entertainment” Based On The Recent GICS Periodical Review

Date 27/09/2018

The Saudi Stock Exchange (Tadawul) announces renaming the “Media” Industry Group to “Media and Entertainment” based on the recent GICS Periodical Review effective on 30/09/2018 as follows:

• Renaming the “Telecommunication Services” Sector (level-1) as: “Communication Services” Sector.
• Renaming the “Media” Industry Group (level-2) as: “Media & Entertainment”.
• Moving the “Media & Entertainment” industry group (level-2) from the “Consumer Discretionary” sector (level-1) into “Communication Services” sector (level-1).

Real-Time Gross Settlement (RTGS) Renewal: Enabling The Next Generation Of Payments - Remarks By Victoria Cleland, Executive Director, Banking, Payments And Financial Resilience, Bank Of England - Given At The Technology & Innovation Risk Conference 2018 On 25 September 2018

Date 27/09/2018

Good morning, it is a pleasure to join you today at the Technology and Innovation Risk Conference. I would like to update you on an exciting programme to renew our Real Time Gross Settlement (RTGS) service, where we are seeking to use the latest technology to help to reduce risks and increase innovation and competition in payments, and in the financial sector more broadly.

Petrobras Reaches Settlement With SEC For Misleading Investors

Date 27/09/2018

The Securities and Exchange Commission today charged Brazilian oil-and-gas company Petróleo Brasileiro S.A. with misleading U.S. investors by filing false financial statements that concealed a massive bribery and bid-rigging scheme at the company.  The U.S. Department of Justice also announced today a non-prosecution agreement with Petrobras.

UK's Financial Conduct Authority Publishes Decision Notice concerning Linear Investments Limited

Date 27/09/2018

The Financial Conduct Authority (FCA) has today published a Decision Notice concerning Linear Investments Limited. Linear failed to take reasonable care to organise and control its affairs responsibly and effectively to ensure potential instances of market abuse could be detected and reported. The failure occurred from 14 January 2013 to 9 August 2015.  Linear has referred the issue of penalty to the Upper Tribunal.

Public Funding Made Easy For Start-Ups - Deutsche Börse Venture Network Cooperates With Förderbar

Date 27/09/2018

Technology start-ups can benefit from public funds: EU, federal and state governments grant corresponding loans and subsidies. But who is offering what exactly for whom and under what conditions? Members of Deutsche Börse Venture Network now have it easier: the new cooperation partner förderbar guides them through the complex variety of funding possibilities.

Japan's Financial Services Agency: Publication Of The Report By The “Working Group On Corporate Disclosure” Of The Financial System Council

Date 27/09/2018

The “Working Group on Corporate Disclosure” of the Financial System Council (chairman Hideki KANDA, Professor, Gakushuin University Law School) has discussed and deliberated on corporate disclosure eight times since December 2017.

SIX Paynet Ltd And Pagero Group Sign A Strategic Cooperation Agreement

Date 27/09/2018

After several years of technical interoperability, SIX Paynet Ltd and Pagero Group have signed a strategic sales cooperation agreement intended to deepen their cooperation in the Swiss healthcare industry.

Nigerian Stock Exchange Retains ISO 27001:2013 Certification

Date 27/09/2018

The Nigerian Stock Exchange (NSE) is pleased to announce that it has retained the ISO 27001:2013 certification for its Information Security Management System (ISMS) for the third year consecutively. The re-certification followed a rigorous independent audit of NSE’s Information Security Management System (ISMS) by the British Standard Institute (BSI), to ensure that the principles of the International Organization for Standardization (ISO) on ISMS standard are being upheld at the Exchange and controls are working as intended.

Romanian Capital Market: Just One Step Away From Becoming Emerging Market

Date 27/09/2018

• Romania was maintained by FTSE Russell on the watch list of countries for possible reclassification from Frontier to Secondary Emerging market
• “Liquidity – Sufficient broad market liquidity to support sizeable global investment” – upgraded from ‘Not Met’ to ‘Restricted’, following an improvement in broad market liquidity.
• “Off-exchange transactions permitted” – upgraded from ‘Not Met’ to ‘Restricted’.

Dubai Financial Services Authority Signs FinTech Agreement With Japan’s Financial Services Agency

Date 27/09/2018

With its continued efforts to encourage the adoption of technological advancements in the market, the Dubai Financial Services Authority (DFSA) entered yesterday into an Exchange Of Letters with the Financial Services Agency of Japan (FSA) to cooperate in the development of financial technology (FinTech). The cooperation framework reflects efforts by both authorities to foster innovation in the Dubai International Financial Centre (DIFC) as well as in Japan.