News Centre

Dubai-Based Amwal Capital Partners Updates Tech To Drive Growth With Broadridge’s Investment Management Solutions

Date 07/05/2024

To drive new growth across its existing and future fund products, Amwal Capital Partners, an independent alternative investment firm based in Dubai, announces it has enhanced its portfolio and trade order management operations with the implementation of investment management technology from global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE:BR).

CME Group To Expand Expiries For Its Fastest Growing Energy Products - Tuesday And Thursday Weekly WTI Crude Oil Options To Launch July 22, 2024

Date 07/05/2024

CME Group, the world's leading derivatives marketplace, today announced that it will expand its suite of short-term WTI Crude Oil options to include Tuesday and Thursday expiries, pending regulatory review. With the addition of these new contracts, which will begin trading on July 22, 2024, Weekly WTI Crude Oil option expiries will now be available every day of the business week, Monday through Friday.

Substantive Research Survey Reveals Impact Of FCA’s Research Payment Optionality

Date 07/05/2024

• More than 75% of surveyed asset managers are not likely to change their research process 
• More than 50% say the updates to MiFID II unbundling rules remove barriers to charging clients for research
• Around 50% anticipate that the market will shift to operating an equal mix of client-funded and P&L-funded research within the next 2 years

Danske Bank Invests In United Fintech And Joins Board To Digitally Support Its Forward ’28 Strategy

Date 07/05/2024

Joining United Fintech’s circle of institutional investors, Danske Bank takes a seat at the board of a leading industry-neutral Digital Transformation Platform alongside BNP Paribas and Citi to support the bank’s Forward ’28 strategy from a digital frontier. A move signalling that shared collaboration is the way ahead for financial services as global banking enters a new era of collective innovation.

Japan Financial Services Agency: The Second Meeting Of The Working Group On Disclosure And Assurance Of Sustainability-Related Financial Information (Of The Financial System Council)

Date 07/05/2024

The Working Group on Disclosure and Assurance of Sustainability-related Financial Information (of the Financial System Council) will hold its second meeting on May 14, 2024 as follows.

1. Date: Tuesday, May 14, 2024, 10:00 am to 12:00 pm
2. Conference room: Common Special Conference Room No.1, 13th floor, Common Government Office No.7
3. Agenda: Explanation by conference arrangement office, discussion etc.

Shenzhen Stock Exchange Market Bulletin, April 26, 2024, Issue 11

Date 07/05/2024

Click here to download Shenzhen Stock Exchange's market bulletin, issue 11.

Hong Kong Securities And Futures Commission Obtains Interlocutory Asset Freezing Order Against Leung Anita Fung Yee Maria

Date 07/05/2024

The Securities and Futures Commission (SFC) has obtained an interim injunction order at the Court of First Instance against Ms Leung Anita Fung Yee Maria, former chief executive officer and executive director of SMI Culture & Travel Group Holdings Limited (SMI Culture & Travel Group), following the hearing of a Mareva injunction application on 6 February 2024.

Bursa Malaysia Deepens Investors’ Connection To Dealer’s Representatives - BURSA REACH Bridges Investors-Remisiers Gap

Date 07/05/2024

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today unveiled the BURSA Remisier Acquisition Hub (“BURSA REACH”), Malaysia’s first profiling platform dedicated to featuring and facilitating better connections between dealer’s representatives (DRs) and investors, beyond traditional channels. The platform is one of Bursa Malaysia’s new offerings, designed to provide investors greater access to investment opportunities in the marketplace.

UAE Securities And Commodities Authority Launches A New Service On Its Website To Help Shareholders Inquire About Unclaimed Dividends Dating Back To Before March 2015

Date 07/05/2024

As part of its efforts to ensure that shareholders of locally listed public joint stock companies claim their dividends dating back to before March 2015, the Securities and Commodities Authority (SCA) announced the launch of a new service on its website, www.sca.gov.ae, that helps shareholders check to see if their names are among those entitled to dividends in an easy and simplified manner.

Monetary Authority Of Singapore Imposes Composition Penalty Of S$2.5 Million On Swiss-Asia Financial Services Pte. Ltd. For AML/CFT Breaches, Reprimands Its CEO And COO

Date 07/05/2024

The Monetary Authority of Singapore (MAS) has imposed a composition penalty of S$2.5 million on Swiss-Asia Financial Services Pte. Ltd. (SAFS) for breaches of MAS’ anti-money laundering and countering the financing of terrorism (AML/CFT) requirements. MAS has also issued a reprimand to SAFS’ chief executive officer (CEO), Mr Olivier Pascal Mivelaz, and its chief operating officer (COO), Mr Steve Knabl, for failing to discharge their duties and functions of ensuring that SAFS complied with MAS’ AML/CFT requirements.