News Centre

Securities Commission Malaysia: Audit Firm And Auditors Fined And Prohibited From Auditing

Date 25/11/2019

The Securities Commission Malaysia’s Audit Oversight Board (AOB) today announced that audit firm Afrizan Tarmili Khairul Azhar (AFTAAS) and its partners are prohibited from accepting as clients and auditing public interest entities (PIE) or schedule funds for 12 months. The prohibitions on AFTAAS and the partners took effect on 25 November 2019.

DP World Group Chairman And CEO Rings Nasdaq Dubai Market Opening Bell To Celebrate Sukuk And Bond Listings Totalling USD 2.3 Billion

Date 25/11/2019

• DP World will use the capital to further enhance end-to-end logistics capability
• Ceremony underlines Dubai’s leading role in debt markets including listed Sukuk value totaling 64.3 billion US dollars

Shenzhen Stock Exchange Held The International Seminar On Capital Market For SMEs

Date 25/11/2019

The 2019 International Seminar on Capital Market for SMEs (hereinafter ‘Seminar’) was successfully held at Shenzhen Stock Exchange on November 25th. Senior management and experts of exchanges, regulatory department and market institutions from countries along the “Belt and Road”, including Abu Dhabi, Cambodia, Thailand, Malaysia, Indonesia, the Philippines, Bangladesh, and Pakistan, joined the Seminar. Mr. Ai Xuefeng, Vice Mayor of Shenzhen Municipal People’s Government, Mr. Wang Jianjun, CEO and President of Shenzhen Stock Exchange, and Ms. Yang Liu, Deputy Director of Department of International Affairs of China Securities Regulatory Commission (hereinafter ‘CSRC’), attended the seminar and delivered speeches. More than 80 representatives from domestic and foreign exchanges, financial institutions and related capital market organizations attended the Seminar.

Circular Of Shanghai International Energy Exchange On The Price Limit Update For SC1912

Date 25/11/2019

Shanghai International Energy Exchange, the subsidiary of Shanghai Futures Exchange has released its Circular on the Price Limit Update for SC1912 on November 20, 2019.

Monetary Authority Of Singapore: Former Director Convicted Of Furnishing False Statement To The SGX-DT

Date 25/11/2019

Mr Joseph Chai Ming Leong (Mr Chai) was today convicted and sentenced to 4 weeks’ imprisonment for furnishing a false statement to Singapore Exchange Derivatives Trading Limited (SGX-DT). His conviction was a result of a joint investigation conducted by the Monetary Authority of Singapore and the Commercial Affairs Department of the Singapore Police Force.

UAE Securities and Commodities Authority Obtains Lloyd’s Register Certification For ISO 10002:2018

Date 25/11/2019

The Securities and Commodities Authority (SCA) obtained an accredited certification from Lloyd’s Register Quality Assurance for implementing ISO 10002:2018 internationally set guidelines. This comes as part of SCA’s efforts to adoptthe best global practices on handling customer complaints and reflects its commitment to achieving its strategic objectives, most notably enhancing customer satisfaction and improving the quality of the services offered.

EGX Issues The Executive Regulations For The Registering And Executing The IPO & Private Placement

Date 24/11/2019

The Egyptian Exchange (EGX) issued a decree regulating the procedures for registering and executing public and private placements in the Egyptian capital market after being approved by the Financial Regulatory Authority (FRA).

Dubai International Financial Centre Welcomes Global Payments Pioneer WorldFirst

Date 24/11/2019

• The Centre’s comprehensive financial ecosystem continues to attract global leaders to the region and facilitate opportunities for sector pioneers to scale operations across the MEASA
• WorldFirst represents parent company Ant Financial Services Group’s first major base within the region and new DIFC office will allow the brand to exploit the largely untapped e-commerce market

Abu Dhabi Securities Exchange (ADX) Carries Out Two Sustainability Reporting Workshops - Workshops Advance ADX Initiatives To Boost Global Best Practice And Become A Gateway To Future Sustainable Investment Opportunities

Date 24/11/2019

ADX held two sustainability reporting workshops on 17th and 18th November, titled ‘Enhancing the efforts of listed companies to disclose sustainability reports. The initiative is one of the pivotal axles of ADX's broader programme to advance international best practices for sustainability across the Emirate, in line with the issuance of the Environmental, Social, and Governance (ESG) Disclosure Guidance for listed companies in July of this year.

Changes To Standard 3rd Friday Expiration Listings For Equity And ETP Options On BOX

Date 22/11/2019

Effective Thursday, January 16, 2020, BOX Options Exchange (“BOX” or “Exchange”) will begin to list new standard 3rd Friday expiration replacements for Equity and ETP options on the Thursday prior to the near-term standard 3rd Friday expiration. Currently, BOX lists new standard 3rd Friday expiration replacements for Equity and ETP options on the first business day, typically Monday, after the near-term standard 3rd Friday expiration has expired.