News Centre

FSA Seychelles And CISI Announce New Commitment To Raise Financial Services Professional Standards

Date 24/08/2020

The Financial Services Authority (FSA) of the Seychelles and the Chartered Institute for Securities & Investment (CISI) have entered into a Memorandum of Understanding (MoU) committing to work together to enhance and promote professionalism and professional standards in the capital market sector of The Republic of Seychelles.

DIFC Courts Leverages Digital Infrastructure To Accommodate Rapid Rise In Commercial Claims

Date 24/08/2020

• Surge in main court cases, revealing a 96% increase year-on-year
• Total number of enforcement claims increases 15%
• Arbitration-related claims record 62% increase in value

Executive Chairman Of The Egyptian Exchange Dr. Farid Discusses With Leaders Of The Arab League Means For The Development Of Arab Capital Markets

Date 24/08/2020

Dr. Mohamed Farid, Executive Chairman of the Egyptian Exchange and Chairman of the Arab Federation of Exchanges, and Rami Al-Dakani, Secretary General of the Federation met with  Dr. Kamal Hassan Ali, Assistant Secretary General and Head of the Economic Sector, and Dr. Bahgat Mohammed Abu Al-Nasr, director of the Department of Economic Integration from the Arab League, to discuss means of cooperation between both entities for the development of Arab Exchanges and to achieving mutual goals of economic and social development plans.

Moscow Exchange: Risk Parameters Change For The Security RU000A0JV9D8

Date 24/08/2020

As per the Securities market risk parameters methodology, on 24.08.2020, 11-07 (MSK) the upper bound of the price band (up to 116.22) and initial margins (up to 16.25 %) for the security RU000A0JV9D8 were changed. New values are available here

Boerse Stuttgart Group Develops Financing Method For Industrial Capital Goods On Blockchain Basis - Joint Project With Bosch, Daimler Mobility And 51nodes - Digital Tokens For Investments In Industrial Goods - Repayment Linked To Actual Utilisation

Date 24/08/2020

In a joint basic research project with the Bosch research team “Economy of Things”, Daimler Mobility and technology partner 51nodes, Boerse Stuttgart Group has developed a flexible method for financing industrial capital goods on a blockchain basis. In addition to technical feasibility, the project, which has been running since May 2019, also covered legal and regulatory aspects.

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

Date 24/08/2020

As per the Securities market risk parameters methodology, on 24.08.2020, 10-14 (MSK) the upper bound of the price band (up to 40628) and initial margins (up to 23.75 %) for the security NVDA-RM were changed. New values are available here

Securities Commission Malaysia Inks FinTech Cooperation Agreement With OJK, Expanding Collaboration Between Malaysia – Indonesia

Date 24/08/2020

The Securities Commission Malaysia (SC) today signed a financial technology cooperation agreement with Indonesia’s Otoritas Jasa Keuangan (OJK) to establish a collaborative framework to develop the Fintech ecosystem in both markets. OJK Indonesia is an Indonesian government agency that regulates and supervises the financial services sector, which includes banking, capital markets, and non-bank financial industries sectors.

Moscow Exchange Launches Trading In Foreign Stocks

Date 24/08/2020

On 24 August 2020, Moscow Exchange began trading in foreign equities.

New Zealand Financial Markets Authority Releases Report Into Active And Passive Fund Management

Date 24/08/2020

The Financial Markets Authority (FMA) today published an independent report into the passive and active investment management styles used by KiwiSaver providers.

G20: Efforts On Governance Issues In Decentralized Financial Systems: "BGIN" - New Global Network - Japan Financial Services Agency

Date 24/08/2020

Overview
A Decentralized financial system underpinned by blockchain could attain full P2P (Peer to Peer) financial transactions without intermediaries. While such systems can offer a variety of opportunities and benefits, they could also undermine the ability to enforce existing regulations.
As stated in the G20 Osaka Leaders' Declaration under Japan's presidency (June, 2019), a consensus has been reached on the issue of governance of decentralized financial systems based on blockchain technology and the importance of strengthening dialogue with a wide range of stakeholders, including regulatory authorities and engineers.