News Centre

Bank Of England Publishes The Key Elements Of The 2021 Biennial Exploratory Scenario: Financial Risks From Climate Change

Date 08/06/2021

The Bank of England (Bank) has today published the Climate Biennial Exploratory Scenario (CBES) to explore the financial risks posed by climate change for the largest UK banks and insurers (participants).

G7 Leader's Background Briefing Book Launches Ahead Of Cornwall Summit

Date 08/06/2021

• G7 leaders gather this June for the Cornwall Summit
• The United Kingdom as host has prioritised spearheading the global coronavirus recovery and tackling climate change, among other areas
• The latest summit briefing book, G7 UK: The Cornwall Summit, features high-profile voices on the world's most pressing challenges

Varma Invests EUR 230 Million In State Street’s Sustainable Climate Bond Funds

Date 08/06/2021

Varma invested EUR 230 million in the Sustainable Climate Corporate Bond Funds of the world's third-largest asset manager State Street Global Advisors. The funds aim to achieve a significant reduction in investors’ exposure to carbon emissions and allocate capital to fund the transition to a low carbon economy. Varma is a seed investor in State Street’s new index funds, as they help Varma achieve its own climate-related targets.

Moscow Exchange: Risk Parameters Change For The Security BIIB-RM

Date 08/06/2021

As per the Securities market risk parameters methodology, on 08.06.2021, 09-17 (MSK) the upper bound of the price band (up to 29515 rub.) and initial margins (up to 25.6%) for the security BIIB-RM were changed. New values are available here

UACN Property Development Company (UPDC) Introduces New CEO To Capital Market Community With NGX Closing Gong

Date 08/06/2021

UPDC Plc leveraged Nigerian Exchange Limited Closing Gong Ceremony to introduce its new Chief Executive Officer (CEO), Mr. Odunayo Ojo to the capital market community on Friday, 04 June 2021.

Zhengzhou Commodity Exchange: Notice On Night Trading Session During 2021 The Dragon Boat Festival Holiday

Date 08/06/2021

According to Detailed Rules for Trading in Night Session of Zhengzhou Commodity Exchange, the Exchange hereby clarifies night trading session arrangement during 2021 The Dragon Boat Festival holiday as follows:

No night trading session will be carried out on the night of June 11, 2021. Night trading session will be resumed on the night of June 15, 2021. The call auction session for all contracts on June 15, 2021 is from 08:55 a.m. to 09:00 a.m.

Securities Commission Malaysia Seeks Public Help To Locate Former Unit Trust Consultant

Date 08/06/2021

The Securities Commission Malaysia (SC) is seeking information from members of the public to locate Harani bin Kamarudin, a former unit trust consultant suspected of several misconducts in relation to a unit trust investment.

The 14th USA NAIC-Japan Financial Services Agency Insurance Dialogue

Date 08/06/2021

On June 4, 2021, representatives of the National Association of Insurance Commissioners of the United States and the Financial Services Agency met at the 14th meeting of the Insurance Regular Dialogue.

US Department Of Justice Seizes $2.3 Million In Cryptocurrency Paid To The Ransomware Extortionists Darkside

Date 07/06/2021

The Department of Justice today announced that it has seized 63.7 bitcoins currently valued at approximately $2.3 million. These funds allegedly represent the proceeds of a May 8, ransom payment to individuals in a group known as DarkSide, which had targeted Colonial Pipeline, resulting in critical infrastructure being taken out of operation. The seizure warrant was authorized earlier today by the Honorable Laurel Beeler, U.S. Magistrate Judge for the Northern District of California.

New York Attorney General James Secures Appointment Of Court Receiver To Protect Investors’ Money During Lawsuit - Coinseed Continued To Put Thousands Of Investors’ Money At Risk Despite Ongoing Lawsuit

Date 07/06/2021

New York Attorney General Letitia James has secured a court order that continues a mandated pause on the illegal and fraudulent operations of the cryptocurrency trading platform Coinseed, Inc. and puts in place a receiver to ensure the protection of investors’ money going forward. In February, Attorney General James filed a lawsuit against Coinseed, as well as founder and Chief Executive Officer (CEO) Delgerdalai Davaasambuu, — but, in the months since the suit was filed, Coinseed and its CEO not only continued their fraud, but commenced additional fraudulent conduct by trading in investors’ accounts without permission and then blocking investors from accessing those accounts. On Friday, the New York County State Supreme Court issued an order that grants a motion — filed last month by Attorney General James — and appoints Michelle Gitlitz, the global head of Crowell & Moring LLP’s Blockchain and Digital Assets practice, as a court-appointed receiver with special powers to safeguard investments already made on the trading platform. A previously issued temporary restraining order continues to block Coinseed and its CEO from making any further unauthorized trades.