News Centre

Kompli-Global Gives Companies Complete Onboarding Peace Of Mind With New Outsourced KYC Offering - RegTech Specialists Launch Kompli-Outsource™ To Help Regulated Entities Complete Comprehensive Customer Onboarding

Date 24/09/2020

With fraudsters and money launderers becoming increasingly clever, regulated entities do not always have the time or in-house expertise to keep up with their regulatory compliance obligations. Which is why Kompli-Global, the leading RegTech AML specialist, has today announced the launch of its comprehensive outsourced Know your Customer (KYC) solution, Kompli-Outsource™. By harnessing the latest augmented intelligence (AI) and human expertise to provide the most up-to-date information for regulated entities during the onboarding process (the decision to onboard a customer is that of the regulated entity), Kompli-Outsource will help those companies by doing the ‘heavy lifting’, thus allowing them to focus on what they do best and generate much needed revenue.

Shanghai Futures Exchange: Circular On Posting Government Bonds As Margin Collaterals

Date 24/09/2020

Since October 19, 2020, government bonds will be accepted by Shanghai Futures Exchange (SHFE) as margin collaterals. In compliance with the Clearing Rules of the Shanghai Futures Exchange, SHFE hereby notifies the relevant issues as follows:

1. Processing Time

The application for posting or withdrawal of government bonds as margin collaterals shall be submitted to SHFE before 2:30 pm on each trading day.

Tokyo Commodity Exchange: SCB Range Settings For Platts Dubai Crude Oil, Gasoline And Kerosene

Date 24/09/2020

We decided to set the SCB ranges for Platts Dubai Crude Oil, Gasoline and Kerosene (*1) based on the settlement prices of Platts Dubai Crude Oil during and after the clearing period of October 1st, 2020 as shown below.

Shanghai Gold Exchange: Notification On Further Market Risk Control

Date 24/09/2020

There are many uncertainties affecting the market in recent days, the fluctuation of gold and silver prices increased significantly, which is consequently intensifying the market risk. As 2020 National Holiday is approaching, all members shall raise awareness of risk management, prepare specific risk emergency response plan, remind investors to be cautious towards market risk, control their own positions and make rational investments.

Candidates For To-Be-Added Listing Committee Members Of Shanghai Stock Exchange STAR Market Released

Date 24/09/2020

The Shanghai Stock Exchange (SSE) has recently launched the work of supplementing members of the Stock Listing Committee of the SSE STAR Market as required for building the SSE STAR Market and the examination work. On September 24, 2020, the SSE publicized a list of candidates for to-be-supplemented members. 

Europex Position Paper: Six Recommendations For A Scaled-Up Guarantees Of Origin (GO) Scheme To Support Decarbonisation

Date 24/09/2020

Achieving climate neutrality by 2050 will require  many fundamental changes. In the energy sector, a significant shift towards renewable energy is already under way and will need to be accelerated. Guarantees of Origin (GOs) are currently a valuable tool for documenting the ‘green’ characteristics of renewable electricity, providing consumers with the means to send a signal to the market about their consumption preferences for renewable energy. Transparency on the generation source of energy enables consumers to drive decarbonisation efforts. At the same time, consumer demand for reliably certified energy is growing.

Moscow Exchange: REPO Risk Parameters Change For The Security AFLT

Date 24/09/2020

As per the Securities market risk parameters methodology, on 24.09.2020, 10-31 (MSK) the lower bound of the REPO rate for tenor Y0/Y1Dt (up to -49.11 %), penalty rate and IR Risk Rate (up to -0.116 rub) for the security AFLT were changed. New values are available here

Dubai Financial Services Authority Issues A “Dear SEO Letter” And A Markets Brief On The Transition From Inter Bank Offered Rates To Alternative Reference Rates

Date 24/09/2020

The Dubai Financial Services Authority (DFSA) earlier today issued a “Dear SEO Letter” concerning the transition away from the Inter Bank Offered Rates (IBOR) benchmarks, including the London Interbank Offered Rate (LIBOR), to other alternative solutions, also known as Alternative Reference Rates (ARR). The DFSA also issued the Markets Brief No. 22 providing information for Issuers and Reporting Entities of debt securities on prospectus disclosure requirements and continuing obligations relating to the transition from LIBOR.

Cyprus Stock Exchange Monthly Bulletin For August 2020

Date 24/09/2020

The total value of transactions during the month in review reached € 0,67 million, with an average of € 0,03 million per trading session. The Financials sector contributed 52,87% to the total value traded which was the highest among all other sectors. Investors primarily focused their interest on the shares of “Bank of Cyprus Holdings Plc” and also on shares of “Logicom Public Ltd” with 37,86% and 15,68% of the total value respectively.

Shenzhen Stock Exchange Signs Strategic Cooperation Framework Agreement With Zhuhai Municipal Government To Serve Zhuhai’s Construction Into Important Portal In Guangdong-Hong Kong-Macao Greater Bay Area

Date 24/09/2020

On September 23, the Shenzhen Stock Exchange (SZSE) signed a strategic cooperation framework agreement with the Zhuhai Municipal People’s Government. Both sides deeply exchanged views on leveraging Zhuhai’s economic development characteristics and industrial features to further provide targeted capital market matchmaking and cultivation services and to jointly facilitate the construction of the Guangdong-Hong Kong-Macao Greater Bay Area. Wang Jianjun, Secretary of SZSE Party Committee and Chairman of SZSE, and Guo Yonghang, Secretary of Zhuhai Municipal Party Committee, attended the signing ceremony and unveiled the nameplate of the Zhuhai Listed Enterprise Association.