Category: Financial Services

October 20, 2017 BY Valentina Kirilova

Nasdaq welcomes MongoDB Inc. to the Nasdaq Stock Market

MongoDB, Inc. (Nasdaq:MDB), the modern, general purpose database platform, rang the opening bell at the Nasdaq MarketSite in Times Square yesterday in celebration of its initial public offering (IPO) on The Nasdaq Stock Market. MongoDB’s platform unleashes the power of software and data for developers and the applications they build. A database is at the…

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MAS Monetary Authority of Singapore
October 20, 2017 BY Valentina Kirilova

MAS simplifies rules for managers of venture capital funds to facilitate start-ups’ access to capital

The Monetary Authority of Singapore (MAS) announced today that a simplified regulatory regime for managers of venture capital funds (VC managers) will come into immediate effect, following public consultation on the proposal earlier this year. The new regulatory regime will simplify and shorten the authorisation process for VC managers. MAS will no longer require VC…

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Euronext buys Irish Stock Exchange (ISE)
October 20, 2017 BY Valentina Kirilova

Irish Stock Exchange Equities turnover up 4% in Q3 2017

The Irish Stock Exchange (ISE) has just released itr volumes report for the third quarter of 2017. The highlights include: Over 36,000 securities listed by over 4,000 issuers from 85 countries Equities turnover up 4% to €73bn for first 9 months of 2017 ISEQ up 5.6% in period Jan-Sept 2017 Two new equity listings during…

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FCA regulatory sandbox FinTech WFE
October 20, 2017 BY Valentina Kirilova

FCA outlines lessons learned in year one of its Regulatory Sandbox

The Financial Conduct Authority (FCA) has today published a report outlining how the regulatory sandbox has met its objectives over the first year of operation. The sandbox was established to support the FCA’s objective of promoting effective competition in the interests of consumers. The sandbox enables firms to test innovative products, services or business models in…

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moex moscow exchange
October 20, 2017 BY Valentina Kirilova

BCS Global Markets completes IPO deal on the Moscow Exchange

BCS Global Markets, the Russian independent financial house, today announced that it has conducted the firm’s initial public offering (IPO) on the Moscow Exchange. BCS Global Markets acted as Joint Global Coordinators and Joint Bookrunners on the IPO of OR PJSC (the “Company” and, together with its subsidiaries, “Obuv Rossii” or the “Group”). The total…

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etf
October 20, 2017 BY Valentina Kirilova

Vienna Stock Exchange launches new ETF Segment

The Vienna Stock Exchange announced that it is further expanding its range of offerings for domestic investors with the new "ETF segment" launching today. Passive investment funds offer investors a simple, effective and inexpensive way of investing in the most diverse markets and regions. ETFs track stock indices as precisely as possible – one of…

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DFSA
October 20, 2017 BY Valentina Kirilova

Adairs Limited fined $66,000 by ASIC

ASX-listed company Adairs Limited (Adairs) has paid a penalty of $66,000 after ASIC issued an infringement notice alleging it had not complied with the continuous disclosure obligations. ASIC announced that it has found there are reasonable grounds to believe that Adairs was in breach of its continuous disclosure obligations between 23 September and 2 November…

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October 19, 2017 BY Valentina Kirilova

Clearstream ensures stable custody services

The International Central Securities Depository (ICSD) Clearstream, which is part of Deutsche Börse Group, will continue to offer stable custody services no matter how the Brexit negotiations will evolve, Deutsche Börse just announced. This commitment is founded in Clearstream‘s core task, which is to absorb differences in regulatory frameworks. The company was established in 1970…

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Regulation
October 19, 2017 BY Valentina Kirilova

ASIC accepts voluntary undertakings from three liquidators

ASIC has announced the latest enforcement outcomes from its Published Notices Website and Lodgement project, an industry-wide project to improve publicly available information about failed companies through testing all registered liquidators’ compliance with the requirement to lodge forms with ASIC and publish notices on our published notices website. In each of the below cases, the…

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