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  • DFM And DIFC Launch “Dubai Sustainable Finance Working Group”

    Date 10/07/2019

    • Group aims to co-ordinate efforts to create the most sustainable financial hub in the region, as part of UAE’s Sustainable Development Goals 2030 and Dubai’s Strategic Plan 2021
    • H.E. Essa Kazim: “The initiative underlines our commitment to collaborate with key stakeholders to reinforce Dubai’s position as a leading financial hub and global capital of Islamic economy”

  • WorldPay And ClearBank® Founder Nick Ogden Joins Funding Options’ Board

    Date 10/07/2019

    Fintech pioneer Nick Ogden has joined the board of Funding Options, the UK’s leading business finance marketplace, as non-executive chairman.

  • Japan’s Financial Services Agency: Status Of Digitalization Efforts In Financial Monitoring

    Date 10/07/2019

    As part of the review of inspections and supervision, the JFSA exchanges opinions with external experts and others, ascertains the utilization of IT technologies and data by private-sector companies and the status of RegTech/FinTech efforts by financial institutions and other entities, and makes efforts to improve operational efficiencies and analytical sophistication by referring to these.

  • Hong Kong’s Securities And Futures Commission Reprimands And Fines Celestial Commodities Limited And Celestial Securities Limited $6.3 Million For Mishandling Client Money

    Date 10/07/2019

    The Securities and Futures Commission (SFC) has reprimanded Celestial Commodities Limited (CCL) and Celestial Securities Limited (CSL) and fined them $4.9 million and $1.4 million, respectively for regulatory breaches and internal control failures relating to mishandling of client money.

  • Dalian Commodity Exchange Holds Session On Studying SPC & SPP’s New Judicial Interpretations

    Date 10/07/2019

    As the Interpretation on Law for Handling Criminal Cases Related to Manipulating Securities and Futures Market and the Interpretation on Law for Handling Criminal Cases Related to Taking Advantage of Undisclosed Information for Trading jointly issued by the Supreme People’s Court (SPC) and the Supreme People’s Procuratorate (SPP) are to put into force, Dalian Commodity Exchange (DCE) holds a session on studying and discussing new judicial interpretations on the morning of July 2. Market surveillance and law affair staffs are organized to make an in-depth study on the new judicial interpretations. Arrangement has been made on how to display the joint forces of “5-in-1” regulation and intensify the market regulation according to the market situation.