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FAB secures custody licence from Egypt's market regulator

"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 FABs fourth direct custody market within its Middle East network. The lender provides custody services in the UAE, Saudi Arabia, Oman, Bahrain, Lebanon and Eg...
Saudi Arabia Abu Dhabi Abuz Aby United Arab Emirates Kashif Darr Financial Regulatory Authority

The Chinese Military Network Behind the World's Third-Largest Cell Phone Maker

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...
United States Hong Kong Hong Yun China General Donald Trump Xu Ming

HKEX: HKSCC Launches New Service To Facilitate Lodging Of Shareholders' Written Requisitions

HKEX: HKSCC Launches New Service To Facilitate Lodging Of Shareholders’ 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 ne...
Hong Kong Clearing Limited Hong Kong Securities Clearing Company Limited Hong Kong Exchanges Central Clearing Settlement System

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