News Centre

Dubai Financial Market Board Of Directors' Meeting, 26 October 2015

Date 21/10/2015

The Board of Directors' of Dubai Financial Market PJSC will hold a Board of Directors' Meeting on Monday 26 October 2015, at 2:00 PM at Borse Dubai to discuss the financial performance of the company and approve the review report and condensed consolidated interim financial information for the nine month period ended 30 September 2015. Board of Directors' Meeting will as well discuss normal business activities and any business issues as arise.

EBA, EIOPA And ESMA Consult On Anti-Money Laundering And Countering The Financing Of Terrorism

Date 21/10/2015

The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA - ESAs) launched today a public consultation on two anti-money laundering and countering the financing of terrorism (AML/CFT) Guidelines. These Guidelines promote a common understanding of the risk-based approach to AML/CFT and set out how it should be applied by credit and financial institutions and competent authorities across the EU. The documents are part of the Joint Committee's work to establish consistent and effective, risk-based supervisory practices across the EU. 

Economic Secretary: We Want To See Peer-To-Peer Lending Continue To Grow And Evolve - Economic Secretary On The UK Government’s Approach To Innovative Finance And Peer-To-Peer Lending

Date 21/10/2015

When I came to this job just under half a year ago, I set out my vision for the financial services sector. I was very clear that financial services had to deliver for the customer.

The New Age Of China-UK International Financial Cooperation Unlocked With The First Agreement Signed By Lakala After The Arrival Of The Chinese Business Delegation

Date 21/10/2015

As a warm-up of President Xi's visit to Britain, the 6th China-UK Internet Forum had kicked off in London. As a representative of the Chinese business delegation, Taoran Sun, President of Lakala, delivered a keynote speech and signed a cooperation agreement with Allpay Limited, the largest bill payment company in Britain, under the witness of the ministerial delegations from Chinese and British governments, declaring that a cross-border financial service platform will be co-founded in future. Also, the agreement has become the first to be signed after the arrival of the Chinese business delegation.

Nasdaq’s BWise Releases New Information Security Solution - BWise® InfoSec Sets New Standards For Ease Of Implementation, Integration And Use

Date 21/10/2015

Nasdaq’s BWise (Nasdaq: NDAQ), a global leader in enterprise Governance, Risk Management and Compliance (eGRC), today announced the release of its new solution: BWise® Information Security (InfoSec), at its Global BWise Customer Summit in New York.

EBA Updates List Of Common Equity Tier 1 (CET1) Capital Instruments

Date 21/10/2015

The European Banking Authority (EBA) published today an updated list of capital instruments that Competent Supervisory Authorities (CAs) across the European Union (EU) have classified as Common Equity Tier 1 (CET1). Since the publication of the first update of the list in December 2014, some new CET1 instruments have been assessed and evaluated as compliant with the Capital Requirements Regulation (CRR). This list is compiled in accordance with Article 26 of the CRR and is updated on a regular basis.

Nasdaq: New Celent Report Forecasts Major Change Across The Global Post-Trade Landscape

Date 21/10/2015

• Regulation and market initiatives will “fundamentally alter” Europe’s post-trade industry
• Post-trade space set to become far more competitive, with Europe leading the way via interoperability and T2S
• CCPs will continue to evolve horizontally, supporting new asset classes and moving into new markets
• Environment will drive major tech investment, including increased adoption of third party off-the-shelf products

United Kingdom Parliament Treasury Committee: FCA Internal Audit Reports

Date 21/10/2015

The Treasury Committee is today (21st October) publishing copies of FCA internal audit reports given to the Committee by the FCA’s Audit Committee.

SGX Reports Net Profit Growth For Q1 FY2016 And Highlights Business Priorities

Date 21/10/2015

SGX today announced net profit of $99 million, up 28% year-on-year for Q1 FY 2016, following growth in all businesses apart from Issuer Services. Revenue was up 30% to $220 million. The Board of Directors has declared an interim dividend of 5 cents per share, up from 4 cents per share, payable on 5 November 2015.

Old Mutual Wealth Selects Eagle Data Management To Meet Solvency II Requirements

Date 21/10/2015

Eagle Investment Systems LLC, a BNY Mellon company and leading provider of financial services technology, today announced that Old Mutual Wealth, one of the largest wealth management businesses in the United Kingdom, has selected Eagle's enterprise data management solution to support its Solvency II compliance programme. Deployed over Eagle's secure private cloud, Eagle ACCESSSM, the solution will centralise and streamline Old Mutual Wealth's data management processes to support the creation of new regulatory reports on assets.