News Centre

Commcise Delivers Integrated MiFID II Research Payment Solution To Pictet Asset Management - Supporting Evaluation Of Both Execution Services And Broker Relationships

Date 14/08/2017

Commcise, the multi award-winning provider of integrated commission management and research evaluation solutions for investment management firms, today announced the successful implementation of CommciseBUY at Pictet Asset Management (Pictet AM) who manage over EUR150bn in a range of asset classes globally.

DIFC And Harvard Offer Educational Opportunities To Underprivileged Students In The MEASA Region

Date 14/08/2017

Dubai International Financial Centre (DIFC), the Harvard University South Asia Institute (SAI) and the Harvard Business School Club of the GCC have collaborated to offer a five-day intensive course for 50 underprivileged students, under the Patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of DIFC.

Abu Dhabi Global Market Participates In Global Conversation On Data Protection And Privacy

Date 13/08/2017

The Abu Dhabi Global Market (ADGM) Registration Authority is honoured to be granted Observer status of the International Conference of Data Protection and Privacy Commissioners (ICDPPC). ADGM is the only International Financial Centre (IFC) and data protection regulator to be accredited with such status in the MENA region. With Observer status, ADGM joins the global forum of data protection regulators and privacy commissioners, to participate in discussing and sharing experiences on data protection and privacy developments and issues.

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 13/08/2017

To view the detailed Weekly Stock Market Ownership and Trading Activity Report (by Nationality and Investor Type) for Main Market and Nomu-Parallel Market please Click Here.

Abu Dhabi Global Market & UAE Exchange Join Forces To Develop & Enhance Fintech Ecosystem - Partnership Enables Knowledge Transfer, Joint FinTech Development And Real-World Testing

Date 12/08/2017

bu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi and UAE Exchange, the leading global remittance, foreign exchange and payment solutions brand, have entered into partnership, to support, develop and promote the FinTech ecosystem in Abu Dhabi and the United Arab Emirates.  The Memorandum of Understanding was signed by Mr Promoth Manghat, Chief Executive Officer of UAE Exchange Group, and Mr Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority (FSRA) of ADGM.

Bahamas International Securities Exchange And Bahamas Central Securities Depository Pay Joint Courtesy Call To Minister Of Finance

Date 12/08/2017

The Bahamas Central Securities Depository (BCSD) and The Bahamas International Securities Exchange (BISX) on Thursday 27 July 2017 paid a joint courtesy call on the Deputy Prime Minister and Minister of Finance, the Honorable K. Peter Turnquest. During the courtesy call, the representatives from both organizations took the opportunity to discuss matters related to the Bahamian Capital Markets.

B3 Announces Results For The Second Quarter Of 2017

Date 11/08/2017

• Revenues up in all segments: Cetip Financing +17.8%; Bovespa +13.2%; Other revenues +11.7%; Cetip Securities +5.1%; and BM&F +4.7%
• 2Q17 results were impacted by: (i) non-recurring expenses of R$145.3 million related to the business combination with Cetip; (ii) beginning of the amortization of intangible assets created in the transaction; and (iii) non-recurring tax-related provision of R$94.1 million (R$ 87.8 million after taxes) due to the decision to join the PERT tax relief program
• 2Q17 recurring net income from operations reached R$475.7 million, while adjusted EBITDA1 was R$675.5 million

James R. Doty, Chairman Of The Public Company Accounting Oversight Board, Agrees To Remain In Place For Search And Transition Period For New Board Members, SEC Chairman Jay Clayton, Aug. 11, 2017

Date 11/08/2017

The Public Company Accounting Oversight Board (“PCAOB”) is one of the centerpieces of the Sarbanes-Oxley Act of 2002 (“SOX”), and has been instrumental in improving the quality of public company audits for the protection of investors in the subsequent fifteen years.  SOX provides that the PCAOB is governed by a Board of five members — two of whom must be certified public accountants, and three of whom must not be — serving for staggered five-year terms.  Today, of the five PCAOB Board seats, one is vacant, two are held by members whose terms have expired, and one is held by a member whose term will expire in two months.

CFTC Commitments Of Traders Reports Update

Date 11/08/2017

The current reports for the week of August 8, 2017 are now available.

SEC Files Charges In Oil Drilling Investment Scheme

Date 11/08/2017

The Securities and Exchange Commission today charged two Tennessee men and an accomplice in Fort Lauderdale with allegedly defrauding investors they lured by false promises of high returns from an oil drilling investment opportunity.