News Centre

The First Step Of Its Kind Amongst Regional Exchanges: Dubai Financial Market Receives “ISO 9001:2015” Quality Certificate - New Certificate Emphasizes On Increasing Efficiency Of Procedures, Limiting Risks, Ensuring Continuity Of Services And Products Provision, And Further Enhancing Customer Satisfaction

Date 10/04/2017

Dubai Financial Market (DFM) today announced that it has received the “ISO 9001:2015” Quality Certificate from Lloyds Register Quality Assurance (LRQA). As the first step of its kind amongst regional exchanges, this step clearly indicates DFM’s commitment to implement highest levels of service quality as well as continuously develop its services and methods of service provision to various participants in line with international best practices.

Hong Kong's Securities And Futures Commission Market Misconduct Tribunal Finds No Market Misconduct In CITIC’s Publication Of A Circular

Date 10/04/2017

The Market Misconduct Tribunal (MMT) has handed down its decision that in the publication of a circular on 12 September 2008, CITIC Limited (CITIC) and five of its former executive directors had not disclosed false or misleading information that was likely to maintain, increase, reduce or stabilize the price of CITIC shares and so had not engaged in market misconduct. 

Abu Dhabi Securities Exchange: Blockchain Is Part Of Our Goals To Strengthen The Culture Of Innovation – Al Blooshi

Date 10/04/2017

Abu Dhabi Securities Exchange (ADX) Chief Executive, Rashed Al Blooshi, said that deploying the ‘Blockchain’ technology is part of the innovation culture adopted by ADX on a regional scale, in compliance with Abu Dhabi Economic Vision 2030.

Tokyo Commodity Exchange: Good Delivery Material Price Differential For April 2017 Rubber Contract

Date 10/04/2017

The price differential of the Good Delivery material for the April 2017 contract month in the Rubber market has be determined as follows,

Pursuant to the provisions of Article 2.2 of the Rubber Delivery Detailed Rules, the price differential between the Good Delivery materials RSS No.3 and the non-standard grade RSS No.4 for the April 2017 contract month shall be -3.0 yen/kg.

The NGM Stock Exchange Observes A Moment Of Silence On April 10, 2017

Date 10/04/2017

On Monday April 10 2017, the NGM Stock Exchange will observe a moment of silence from 12:00 p.m. until 12:01 p.m. (CEST), in remembrance of those who lost their lives during the terrorist attack that took place in Stockholm on April 7, 2017. Trading will not be halted during this time, but NGM asks the trading participants to use their best judgment and sensitivity in regards to trading during the moment of silence.

Nasdaq Dubai To Launch ‘Market Site’, The Premier Hub For Capital Market Activities In The Region

Date 10/04/2017

• Venue in DIFC will be centre for thought leadership and television news reporting
• Market Site will strengthen communication between region’s financial ecosystem  and rest of the world

Abu Dhabi Global Market Revises Capital Requirements Of Managers Of Collective Investment Funds

Date 10/04/2017

The Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) has revised the capital requirements applicable to managers of collective investment funds (CIF) with immediate effect on 10 April 2017.  The revisions are introduced to more keenly address the needs of the market participants, as well as to provide enhanced alignment with capital-adequacy standards practised in established jurisdictions including the EU and the UK.  

FCA And PRA Investigations Into Jes Staley And Barclays

Date 10/04/2017

Barclays PLC and Barclays Bank PLC (Barclays) announce that the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have commenced investigations into:

• Jes Staley, Group Chief Executive Officer of Barclays, as to his individual conduct and senior manager responsibilities relating to Barclays whistleblowing programme and an attempt by Mr Staley in 2016 to identify the author of a letter that was treated by Barclays Bank PLC as a whistleblow; and  
• Barclays Bank PLC, as to its responsibilities relating to the attempt by Mr Staley to identify the author of the letter, as well as Barclays systems and controls and culture relating to whistleblowing.

SIX Simplifies Challenge Of Automatic Exchange Of Information - New Service Eases Compliance With Audit-Ready Content From Respected Tax And Compliance Data Provider

Date 10/04/2017

OECD member states agreed to the automatic exchange of tax information (AEoI) in 2014. The rule affects individuals with accounts outside their country of tax residence and has been designed to reduce tax evasion. National tax authorities around the world must exchange individuals’ tax information in a standardized way, known as the Common Reporting Standard (CRS). As of January 2017, all financial institutions in Switzerland must begin collecting client data ready to report to the Swiss national tax authority starting from June 2018 onwards. The financial industry is heavily engaged with preparing to fulfill the complex requirements of this regulation. Today, SIX launches a new CRS/AEoI service, which will help financial institutions manage the huge challenge of reporting clients’ information correctly by providing the right data so banks can easily aggregate it at years’ end and standardize their reporting obligations.

SET Market Report For March 2017

Date 10/04/2017

• SET Index closed at 1,575.11 points, up 2.08 pct from end-2016.
• Average daily securities trading value at THB 43.19 bln, down 17.83 pct y-o-y
• Market cap at THB 15.8 trillion, a 2.01 pct rise from end-2016