News Centre

Bank Of England: Minutes Of The Wholesale Distribution Steering Group - June 2020

Date 23/07/2020

The Wholesale Distribution Steering Group have the objective of overseeing the design of a new end-state model for wholesale cash distribution. This is to support the UK in an environment of declining cash volumes.

Press Statement By Michel Barnier Following Round 6 Of The Negotiations For A New Partnership Between The European Union And The United Kingdom

Date 23/07/2020

Ladies and gentlemen,

Good afternoon to all of you.

I am happy to meet you here in Europe House in London, at the end of this sixth negotiation round.

Bursa Malaysia Seeks Public Feedback On Proposed Amendments To Public Security Holding Spread In Relation To Listing Requirements On Main Market And ACE Market

Date 23/07/2020

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today issued a consultation paper seeking public feedback on the proposed amendments to the Main Market and ACE Market Listing Requirements (collectively “LR”) in relation to the public security holding spread. 

Risk Parameters Change For The Securities POGR And PIKK

Date 23/07/2020

Please follow the links below to access the information:

REPO risk parameters change for the security PIKK

Risk parameters change for the security POGR

Dubai-China FinTech Agreement Brings New Opportunities For Dubai International Financial Centre

Date 23/07/2020

• The pioneering digital signing will establish a Dubai-Chengdu bridge which will benefit FinTech firms in both jurisdictions and enable DIFC to further support the UAE’s role in facilitating the ‘Belt and Road’ initiative
• Dubai International Financial Centre and Jiaozi Fintech Dreamworks will collaborate on joint events, knowledge sharing and training programmes
• Agreement further cements DIFC’s reputation as the region’s leading financial centre for global FinTech firms

The Saudi Capital Market Authority (CMA) Grants A Financial Technology Experimental Permit (FinTech ExPermit) To Mekyal Financial Company To Create An Equity Crowdfunding Platform

Date 23/07/2020

Based upon the Capital Market Law issued by Royal Decree No. (M/30) dated 2/6/1424H, and reference to the Financial Technology Experimental Permit Instructions issued by CMA in 10/01/2018, which aims to provide a regulatory framework that is conducive for the innovation of Financial Technology (FinTech) in the capital market within the Kingdom. In relation to this, the CMA Board of Commissioners issued its resolution to grant Mekyal Financial Company a Financial Technology Experimental Permit (ExPermit) to create an equity crowdfunding platform.

Dubai International Financial Centre And Dubai Customs To Support Investors, Facilitate Export, Import Activities

Date 23/07/2020

In line with the directives of the Dubai government to support investors and reduce financial burdens on them, Dubai Customs has signed a strategic Memorandum of Understanding (MoU) with the Dubai International Financial Centre (DIFC) to enhance joint relations between government agencies and private institutions.

Hudson Fintech Hires Two Senior Executives For Business Development

Date 23/07/2020

Hudson Fintech, the London-based Capital Markets technology firm, today announced two senior appointments to support its growth strategy.

CISI Welcomes New Enhanced FCA Register To Empower Consumers

Date 23/07/2020

The CISI welcomes the new and enhanced FCA Register, published 27 July 2020, which will include, for the first time, a field to denote a practitioners’ professional body membership.

Cobalt Secures Investment From Standard Chartered

Date 23/07/2020

The foreign exchange (FX) post-trade infrastructure provider Cobalt, has announced the expansion of its bank investors with Standard Chartered as its latest backer. Having signed as a client on Cobalt’s platform in February, Standard Chartered now joins Citi as an investor in Cobalt’s expanding network.