We will offer domestic investors a full range of world class post-trade solutions, with our direct MCDR connectivity at its core, said Kashif Darr, managing director & head of securities services. We will also intermediate international capital flows into this strategic market, as part of our regional direct custody platform.
Egypt is FAB s fourth direct custody market within its Middle East network. The lender provides custody services in the UAE, Saudi Arabia, Oman, Bahrain, Lebanon and Egypt. It also plans to launch services in Qatar and Kuwait.
FAB s deal to acquire the Egyptian operations of Bank Audi will make it one of the largest foreign lenders by assets in the Arab world s most populous country and North Africa s largest economy.
The Chinese Military Network Behind the World’s Third-Largest Cell Phone Maker
Xiaomi was blacklisted by the Trump administration as a military-owned company controlled by the CCP
Xiaomi, the world’s third-largest cell phone maker and China’s second-largest, denied its connections to the military after it was blacklisted by the Trump administration as a military-owned company controlled by the CCP, but a closer look at the background and connections of its founder and CEO, Lei Jun, led to the discovery of a huge and tightly interwoven network of ties with the Chinese Communist Party’s (CCP) military.
Xiaomi: Blacklisted and Denial
$1b frozen as investors hit by online stocks con thestandard.com.hk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thestandard.com.hk Daily Mail and Mail on Sunday newspapers.
HKEX: HKSCC Launches New Service To Facilitate Lodging Of Shareholdersâ Written Requisitions Date
17/12/2020
Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Thursday) that its wholly-owned subsidiary, Hong Kong Securities Clearing Company Limited (HKSCC), will launch a new service to make it easier for investors to exercise their shareholder rights, such as to call general meetings, by facilitating the submission of requisitions to listed Issuers.
This new service, which will start on 21 December 2020, will enable investors to submit three types of requisitions to Issuers, without the need to withdraw eligible securities from the depository of the Central Clearing and Settlement System (CCASS). These requisitions are: