News Centre

SEC Announces Departure Of Dan Berkovitz - Megan Barbero Named General Counsel

Date 22/12/2022

The Securities and Exchange Commission today announced that General Counsel Dan Berkovitz will depart the agency, effective Jan. 31, 2023. Megan Barbero, currently SEC Principal Deputy General Counsel, will be appointed General Counsel, effective upon Mr. Berkovitz’s departure.

Developing Economies: A Proven Use Case For Crypto - Kaiko Research: Deep Dive

Date 22/12/2022

Some people think of crypto as purely an investment opportunity. A highly volatile asset class that comes with risk, but eventually the returns will be worth it. However, this perception is somewhat naive, as it ignores one of crypto’s biggest use cases: financial freedom. The concept of financial freedom is hard to grasp for the privileged of us living in Europe or the US - despite record levels of inflation, we are not financially oppressed, and we can bank on our savings being relatively intact next year.

IMF Executive Board Concludes Annual Discussions On CEMAC Common Policies, And Common Policies In Support of Member Countries Reform Programs

Date 22/12/2022

• The positive terms-of-trade shock amidst the fallout from Russia’s war in Ukraine has broadly benefited CEMAC, reinforcing its external position and gradual post-pandemic recovery.
• Rising global inflation has passed through to domestic prices, putting pressure on real incomes and threatening food security and tight global financial conditions create headwinds to growth.
• A prudent management of the oil windfall and faster progress on deep structural and governance reforms are pivotal for laying the foundations for a more diversified, inclusive, and sustainable growth.

ESMA Publishes 2022 ESEF XBRL Taxonomy Files And ESEF Conformance Suite

Date 22/12/2022

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published the 2022 European Single Electronic Format (ESEF) XBRL taxonomy files and an update to the ESEF Conformance Suite to facilitate the implementation of the ESEF Regulation.

Hidden Road Secures Digital Asset Firm Registration From The UK's FCA

Date 22/12/2022

Hidden Road, the global credit network for institutional investors, today announced that its UK entity, Hidden Road Partners CIV UK Limited, has been granted registration as a digital asset firm in the UK by the Financial Conduct Authority (FCA). 

UK Financial Conduct Authority: 10% Depreciation Notifications

Date 22/12/2022

Since March 2020 we have adopted temporary measures on the requirement for firms to issue 10% depreciation notifications to investors. This requirement arises from Article 62 of the MiFID Org Regulation as reproduced in COBS 16A.4.3 UK.

Magis S.p.A. Lists On Euronext Growth Milan

Date 22/12/2022

• 24th listing of 2022 on Euronext Growth Milan

• Magis S.p.A. brings the total number of companies listed on Euronext Growth Milan to 188

• 81st  listing on Euronext in 2022

• Total placement volume of the offering equal to €16 million

Bursa Malaysia And RAM Collaborate On A New Debt Fundraising Platform

Date 22/12/2022

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) and RAM Holdings Berhad (“RAM”) entered into a shareholders’ agreement (“SHA”) today to develop a new debt fundraising platform that will facilitate listed and unlisted small to mid-sized companies tap into a new pool of capital outside of traditional wholesale markets, offering a new avenue and greater flexibility to these companies looking to raise funds. The platform provides for a ‘bond-like’ experience allowing investors to invest in investment notes with credit and ESG ratings as easily as they would invest in shares in a transparent and regulated market, facilitating informed investment decisions.

Saudi Exchange Signs An Agreement With Muscat Stock Exchange To Enable Cross Listings

Date 22/12/2022

The Saudi Exchange has signed an agreement with the Muscat Stock Exchange to enable cross listings between Saudi Arabia and Oman. 

Borsa İstanbul’s Opening Bell Rang For Ahlatcı Doğal Gaz Dağıtım

Date 22/12/2022

The Initial Public Offering of Ahlatcı Doğal Gaz Dağıtım Enerji ve Yatırım A.Ş. has been completed. Shares offered to the public will be listed on BIST STARS with a base price of 66 TL, the ticker code “AHGAZ” and the continuous trading method.