News Centre

Announcement On Publishing Business Rules Of Shanghai International Energy Exchange For Crude Oil Futures

Date 15/05/2017

Having been approved by China Securities Regulatory Commission (CSRC), INE, the subsidiary of Shanghai Futures Exchange has officially published the Articles of Association of the Shanghai International Energy Exchange and the General Exchange Rules of the Shanghai International Energy Exchange.

New Zealand's Financial Markets Conduct Act: Changes For Investment Companies Offering Shares To Protect Investors

Date 15/05/2017

Investors will benefit from greater protection due to a change in the way the Financial Markets Authority (FMA) will treat certain companies offering shares.

ASIC: Application Of Criminal Code In Civil Proceedings Under Corporations Act

Date 15/05/2017

The Federal Court has agreed to further consider whether it is necessary to prove fault according to Chapter 2 of the Criminal Code in civil proceedings relating to certain breaches of the Corporations Act. 

Securities Commission Malaysia Revokes Licences Of Three Individuals

Date 15/05/2017

Securities Commission Malaysia (SC) has revoked the Capital Markets Services Representative’s Licences (CMSRLs) of three individuals, namely Norhashmilaidi bin Hashim (Norhashmilaidi), Ngan Piang Heng @ Ngam Siong Fook (Ngan) and Abd Malik bin Abu Bakar (Malik). All three CMSRLs were revoked under section 72 read together with section 65 of the Capital Markets and Services Act 2007 (CMSA), effective 27 March 2017 for Norhashmilaidi and Ngan, and 18 April 2017 for Malik.

DIFC Hosts ‘Lebanese Banks Day’ With Banque Du Liban

Date 14/05/2017

Dubai International Financial Centre (DIFC), the leading international financial hub in the Middle East, Africa and South Asian region, today hosted select senior representatives from the Lebanese banking community at an industry-focused event in an effort to further build relationships amongst the well-established sector. 

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

Date 14/05/2017

The total value of shares traded for the week  ending 11 May 2017 amounted to SAR 13.35 billion, decreasing by 26.70% over the previous week; while total stock market capitalization reached SAR 1,622.56 billion at the end of this period, decreasing by 0.48% over the previous week

IMF Statement On Meeting Between Managing Director Christine Lagarde And Greek Prime Minister Alexis Tsipras

Date 14/05/2017

IMF Communications Director Gerry Rice has issued the following statement in Beijing:

"The Managing Director of the International Monetary Fund Christine Lagarde met with Greek Prime Minister Alexis Tsipras today in Beijing on the sidelines of the Belt and Road Forum. They took the opportunity to discuss progress being made in Greece's economic program. They exchanged views on next steps and the importance of continued implementation of agreed reforms and support from Greece's partners, including appropriate debt relief measures." 

DIFC Registers More Than 200 SPCs And ISPVs

Date 14/05/2017

Dubai International Financial Centre (DIFC), the leading financial hub in the Middle East, Africa and South Asia (MEASA) region, has reaffirmed its commitment to innovation as the number of its registered intermediate special purpose vehicles (ISPVs) and special purpose companies (SPCs) crossed the 200 mark.

ADX Concludes New York Roadshow

Date 13/05/2017

Abu Dhabi Securities Exchange (ADX) has concluded its first roadshow for the year 2017 which was held in New York City on May 8th and 9th. During the roadshow, ADX accompanied by a number of its listed companies hosted meetings with around 50 institutional investors from various asset management companies and hedge funds whose assets under management are around USD 7 trillion. 

CalPERS' Climate Risk Reporting Proposal Passes At Occidental Petroleum

Date 13/05/2017

The California Public Employees' Retirement System's (CalPERS) climate risk reporting shareowner resolution, Proposal #5, passed today at the annual shareowner meeting of Occidental Petroleum.