News Centre

Response To The Remit For The Prudential Regulation Committee - January 2024: Letter From The Bank Of England Governor To The UK Chancellor

Date 24/01/2024

Hedge Fund Billionaire Bill Ackman And Wife Buy 4.9% Stake In Tel Aviv Stock Exchange

Date 24/01/2024

Billionaire hedge fund manager Bill Ackman and his wife, Neri Oxman, have agreed to purchase a 4.9% stake in the Tel Aviv Stock Exchange (TASE). This investment was part of TASE's offering of 18.5% of its shares, with 17.2 million shares sold for NIS 20.60 per share, totalling NIS 353.4 million (USD95 million).

Two SET Board Of Governors Elected By Member Companies

Date 24/01/2024

As tenure of two Board of Governors of The Stock Exchange of Thailand (SET) elected by member companies: Pichet Sithi-Amnuai and Paiboon Nalinthrangkurn will expire on February 4, 2024, the 1/2024 SET member meeting held on January 24, 2024 has resolved to re-elect Pichet Sithi-Amnuai, President of Bualuang Securities pcl, as a governor for another term and elect M.L.Thongmakut Thongyai, Chief Executive Officer of Krungthai XSpring Securities Co., Ltd.,  as a new governor. The two newly elected governors will serve for the 3-year term, starting from February 5, 2024.

Borsa Istanbul: Changes In Operating Principles Of Derivatives Market

Date 24/01/2024

Please click for the announcement.

Vermiculus Delivers Microservice-Based VeriClear™ Solution To OCC

Date 24/01/2024

Vermiculus Financial Technology, a global provider of clearing, trading and CSD technology, has delivered a microservice-based solution built upon on VeriClear, an elastically scalable, AI-powered, cloud-native, real-time risk system to The Options Clearing Corporation (OCC), the world's largest equity derivatives clearing organization.

Tel Aviv Stock Exchange Announces Pricing Of A Secondary Offering Of Ordinary Shares

Date 24/01/2024

The Tel Aviv Stock Exchange Ltd. (the “TASE”) (TASE: TASE), today announced the pricing of a secondary offering of 17,156,677 ordinary shares at an offering price of NIS 20.60 per share. According to the agreement between the TASE and certain shareholders of the TASE, which made publicly disclosed by TASE on December 14, 2023, the TASE will receive approximately NIS 242 million of the net proceeds from this offering after deducting placing commissions and other offering expenses payable in connection with the offering.

The Dubai Financial Services Authority Continues Remarkable Growth, Issuing Record Number Of Licences Since Its Inception

Date 24/01/2024

•   125% year-on-year growth in Hedge Funds 
•   117 new Firms licenced and registered in 2023, bringing the total to 791
•   $129.4 bn in outstanding debt securities including $71.6bn Sukuk, $30.8 bn in conventional bonds and $27bn in ESG bonds

Speech By Mr Chia Der Jiun, Managing Director, Monetary Authority Of Singapore, At The Launch Of The Singapore Sustainable Finance Association On 24 January 2024

Date 24/01/2024

It is remarkable that we have over 150 representatives from diverse sectors gathered here – from the financial sector, corporates, industry bodies, non-governmental organisations, and government bodies. This gathering augurs well for the future of sustainable finance – where we need partnerships and a strong ecosystem of diverse players to support the region’s net zero transition.

London Top Global Financial Centre As New Regulations Send Positive Signals To Businesses, Research Finds

Date 24/01/2024

London has retained its crown as the top global financial centre as New York City slips to second position, new figures published by the City of London Corporation reveal.

FSB Sets Out 2024 Work Programme

Date 24/01/2024

• The FSB will monitor vulnerabilities and support global cooperation in a rapidly changing environment, including through its work programme for enhancing the resilience of non-bank financial intermediation (NBFI).
• One focus of FSB work in 2024 will be to promote the full implementation of the Key Attributes of Effective Resolution Regimes for Financial Institutions across all sectors work on resolution, including addressing the lessons learned from the March 2023 banking turmoil.
• Another focus area is harnessing the benefits of digital innovation while containing its risks. The FSB will take forward implementation of its global regulatory and supervisory framework for crypto-asset activities and continue to monitor the financial stability implications of other digital innovations, including tokenisation and artificial intelligence (AI).