News Centre

Dubai Mercantile Exchange Launches Eight New Oil Contracts

Date 04/09/2018

Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East announced the launch of eight new oil listings, following completion of the regulatory review.

FinTech Hive Welcomes 22 Innovative Startups For Its 2018 Accelerator Programme

Date 04/09/2018

• Accelerator programme doubles in size and triples in scope
• 22 finalists join the 2018 edition, along with 21partners
• The 2018 Programme expands its scope beyond Fintech to include Insurtech, RegTech and Islamic Fintech

Borsa İstanbul Ordinary General Assembly Meeting Dated 27 September 2018 To Review Financial Year 2017

Date 04/09/2018

Annual Shareholders’ Meeting conducted on 31.08.2018 has been postponed in accordance with the Art. 418 of Turkish Commercial Code as the number of attendants was not enough to make quorum. In line with the decision of Borsa İstanbul Board of Directors 31.08.2018, shareholders of Borsa İstanbul A.Ş. are invited to attend the Annual Shareholders’ Meeting to be held on Thursday, September 27, 2018, at 14.00 p.m. at “Borsa İstanbul A.Ş. Reşitpaşa Mah. Borsa İstanbul Cad. No: 4 34467 Sarıyer/İstanbul”. Details are available at http://www.borsaistanbul.com/en/investor-relations/general-assembly-meetings.

Palestine Securities Exchange Monthly Investor Newsletter - August 2018

Date 04/09/2018

Click here to download the August PEX Monthly Investor Newsletter.

Japan’s Financial Services Agency: Stewardship Code: 233 Institutional Investors Have Signed Up To The Principles For Responsible Institutional Investors As Of August 31, 2018

Date 04/09/2018

The Council of Experts Concerning the Japanese Version of the Stewardship Code (Chairman: Professor Hiroyuki Kansaku, University of Tokyo Graduate Schools for Law and Politics) published the Principles for Institutional Investors (Japan’s Stewardship Code) on February 27, 2014.

Sphera And Purcari Join BET Index, Which Now Includes 15 Companies

Date 04/09/2018

• For the first time in the history of the Romanian capital market: the main index of the Bucharest Stock Exchange expands to 15 companies as Sphera Franchise Group and Purcari Wineries join BET index
• Adrian Tanase, BVB CEO: The investors will benefit from the enhanced diversification of the companies comprised by these indices, thus providing a lower level of sectorial risk]
• Lucian Anghel, BVB President: Two new fields of activity are now represented in the main index of BVB, a stock exchange which is more open to market opportunities and diversification

Debitum Network To Revolutionise Small Business Lending With Global, Blockchain-Based Ecosystem - Innovative Platform Delivers Loans For Up To 1 Million EUR In As Little As 24 Hours

Date 04/09/2018

Today, Lithuania-based startup Debitum Network launches an innovative global finance platform aimed at tackling the worldwide shortage of funding for small businesses at World Blockchain Forum(WBF) in London.

BETTER FINANCE Supports The German Association Of The Insured In Their Warning Against The Lack Of Transparency Of Life Insurance

Date 04/09/2018

The German Association of the Insured (BdV) just published a very strong statement against the inclusion of life-insurance products in PEPP.

"We share their analysis regarding the opacity of the life insurance sector.  The so-called “capital protection” provided by the basic PEPP is highly misleading as it only covers amounts after all accumulated fees since the beginning are deducted, and does not take into account the devastating impact of inflation on the purchasing power of pension savings over time. Worse, there is no prominent warning alerting pension savers about this dramatic impact of accumulated fees and inflation over time on this so-called “protection”.  Also, a key information document to compare with other alternative PEPP options would help, provided all relevant information on past performance of the product and of its benchmark and on fees is provided. We call on policy makers and on the insurance industry to address these issues", explains Guillaume Prache, Managing Director of BETTER FINANCE."

Common Energy Sector Statement - Keeping EU Energy And Emissions Markets Protected From VAT Fraud Beyond 2018 Urgent Need To Confirm The Extension Of The Derogation For A Domestic Reverse Charge Mechanism For Electricity, Gas And Emission Allowances In Art. 199a Of The VAT Directive

Date 04/09/2018

Click here to download a joint statement of the energy industry entitled "Keeping EU energy and emissions markets protected from VAT fraud beyond 2018" underlining the urgent need to confirm the extension of the derogation for a domestic reverse charge mechanism for electricity, gas and emission allowances in Art. 199a of the VAT Directive. Regarding Guarantees of Origin the energy industry claims to foster the harmonisation of VAT rules across Europe to avoid any divergence in interpretation in between Member States.

Post-Trade Distributed Ledger Group Joins Forces With Global Blockchain Business Council

Date 04/09/2018

The Post-Trade Distributed Ledger (PTDL) Group, founded in November 2015, which brings together major post-trade industry participants and regulators to share information and ideas about how distributed ledger technology can transform the post-trade landscape, has announced that it will merge with the Global Blockchain Business Council (GBBC). GBBC is the leading trade association for the blockchain technology ecosystem.