News Centre

Alturki Launches “Tahreez”, An Advanced Technology Security Company

Date 12/11/2020

Alturki Holding, one of the premier family businesses in the Kingdom of Saudi Arabia that manages a portfolio of leading businesses across an array of sectors, announces the launch of Tahreez, a leading provider of advanced technology security solutions.

BMLL Solidifies Footprint In The US Through Partnership With DIH - BMLL Data Lab And Data Feed Now Available To US Capital Markets Participants Via DIH

Date 12/11/2020

BMLL, the award-winning data and analytics provider, today announced a collaboration with Data In Harmony (DIH), a data provider and data consultancy covering global financial markets, to make BMLL’s Data Lab and Data Feed available to US-based market participants, helping them unlock the predictive power of order book data.

Press Conference By ASO Taro, Japan's Deputy Prime Minister, Minister Of Finance, And Minister Of State For Financial Services, Tuesday, October 20, 2020, 11:49 AM to 11:58 AM - Tokyo Stock Exchange System Failure

Date 12/11/2020

Following the system breakdown on the 1st of this month, the Tokyo Stock Exchange (TSE) submitted a report to the Financial Services Agency (FSA) that featured measures to prevent recurrences. That report listed a flaw in a manual among the background factors that led to the backup functions failing to work properly, and it also highlighted issues with the internal management system. Please give us your assessment of the report’s content and tell us what steps the FSA will be taking.

Nigerian Stock Exchange Highlights Opportunities For Capital Raising For SMEs And Other Businesses

Date 12/11/2020

The traditional role of The Nigerian Stock Exchange (NSE or The Exchange) as an enabler of capital flow from areas of surplus to deficit holds good promise for businesses as access to capital is the prime challenge faced by companies active in various sectors of the economy. This was disclosed at a webinar hosted by The Exchange in collaboration with Odu’a Chambers of Commerce and Industry on Wednesday, 11 November 2020.

Press Conference By ASO Taro, Japan's Deputy Prime Minister, Minister Of Finance, And Minister Of State For Financial Services, Friday, October 23, 2020, 10:37 AM To 10:40 AM - Tokyo Stock Exchange System Failure

Date 12/11/2020

Regarding the system breakdown, some media have reported that an on-site inspection of the Tokyo Stock Exchange (TSE) was conducted today under the Financial Instruments and Exchange Act. Have the on-site inspections already begun? Please also tell us what the aims of the inspections are and what steps will be taken following the inspections

Securities Commission Malaysia Introduces New Framework To Facilitate Offering Of Islamic Funds With Waqf Features

Date 12/11/2020

The Securities Commission Malaysia (SC) today launched a new framework to facilitate the offering of Islamic funds with waqf features to enable the growth of the Islamic social finance segment. The development of waqf was identified as one area of significant potential for social development, greater public good and wealth distribution, in the SC’s Islamic Fund and Wealth Management Blueprint, launched in 2017.

Switzerland’s Dukascopy Bank Joins Sygna Alliance To Meet FATF Travel Rule Guidance - Dukascopy Bank Will Be Able To Exchange Compliance Data And Information Securely To Fulfil Current And Future Legal And Regulatory Requirements

Date 12/11/2020

Sygna Bridge, the market-ready solution provider designed for Virtual Asset Service Providers (VASPs) to meet the Financial Action Task Force (FATF) Recommendation 16’s “Travel Rule”, has announced the latest addition of Switzerland-based online bank Dukascopy Bank SA to its network of more than 20 VASPs around the world. Dukascopy Bank will implement  and participate in the development of Sygna Bridge, allowing it to transmit secure compliance data with other Sygna Alliance members, as well as other interoperable technical solutions.

Press Conference By ASO Taro, Japan's Deputy Prime Minister, Minister Of Finance, And Minister Of State For Financial Services, Tuesday, October 27, 2020, 11:17 AM To 11:34 AM

Date 12/11/2020

Q.

I would like to ask a question about the global financial city concept. The prime minister in his policy speech yesterday again stated that he was aiming to create another international financial center for the world. I believe you said at a press conference after the current administration was inaugurated that the prime minister had issued instructions on improving the environment for accepting foreign personnel, and I would appreciate it if you would give us any thoughts you have at the moment on deregulation, tax reform and other efforts that will be needed in future, the direction of discussions, and so forth.

SIFMA Statement On The Outcome Of The U.S. Presidential Election

Date 11/11/2020

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., president and CEO of SIFMA, on the outcome of the U.S. Presidential election as announced by major media outlets this weekend:

“SIFMA congratulates Joseph R. Biden, Jr. on his election as the 46th President of the United States of America. We look forward to working with his Administration on issues that enhance our capital markets, help stimulate economic growth and create jobs. SIFMA also congratulates Vice President-Elect Kamala Harris, the first woman, first African-American and first Indian-American elected to the office of Vice President, a historic milestone for our nation.”

IMF Executive Board Approves US$52.3 Million Disbursement To South Sudan To Address The COVID-19 Pandemic

Date 11/11/2020

• The pandemic and oil price shock created severe economic disruption, leading to a sharp decline in South Sudan’s growth and reversing some early gains from political stability.
• To address the urgent balance of payments needs, the IMF approved US$52.3 million emergency assistance to South Sudan’s under the Rapid Credit Facility. This is the first lending operation with South Sudan since it joined the Fund in 2012.
• The authorities are committed to transparency and accountability to ensure that the RCF resources are used appropriately.