News Centre

EBA Issues Guidance To Crypto-Asset Service Providers To Effectively Manage Their Exposure To ML/TF Risks

Date 16/01/2024

The European Banking Authority (EBA) today extended its Guidelines on money laundering (ML) and terrorist financing (TF) risk factors to crypto-asset service providers (CASPs). The new Guidelines highlight ML/TF risk factors and mitigating measures that CASPs need to consider, representing an important step forward in the EU’s fight against financial crime.

Andino Global Lists On Euronext Access+ Paris

Date 16/01/2024

• 1st listing on Euronext in 2024

• 1st international listing on Euronext in 2024

• €66 million of market capitalisation

• Andino Global joins a pool of 50+ Spanish companies listed on Euronext markets

EEX Group Annual Volumes 2023: Markets Continue To Grow

Date 16/01/2024

In 2023, trading volumes across the various markets of EEX Group have seen the return of confidence, with significant expansion on the power derivatives markets.

The EBA Publishes An Analysis Of Specific Aspects Of The Net Stable Funding Ratio Framework

Date 16/01/2024

The European Banking Authority (EBA) today published its Report about some specific aspects of the net stable funding ratio (NSFR) framework. The Report provides an evaluation of the materiality of the specific items analysed as well as an assessment of the impact of possible changes to the current prudential treatment.

Carrington Mortgage Services Returns To ICE’s Encompass Lending Platform - Deciding Factor Was ICE’s Focused Origination Technology Investments

Date 16/01/2024

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of technology and data, announced that Carrington Mortgage Services, LLC, one of the nation’s largest privately held non-bank lenders, is returning to ICE’s Encompass® mortgage lending platform. Carrington will use Encompass across its retail, wholesale and correspondent lending channels to electronically capture, process, underwrite and close mortgage loans and equity products through a single technology solution.

J.P. Morgan To Pay $18 Million For Violating Whistleblower Protection Rule - Firm’s Confidential Agreements Impeded Clients From Communicating With The SEC

Date 16/01/2024

The Securities and Exchange Commission today announced settled charges against J.P. Morgan Securities LLC (JPMS) for impeding hundreds of advisory clients and brokerage customers from reporting potential securities law violations to the SEC. JPMS agreed to pay an $18 million civil penalty to settle the charges.

Why Technology Is Too Important To Be Left To The Technologists

Date 16/01/2024

Technology has transformed financial markets and brokers' lives. It has fundamentally changed how the markets operate, and when firms embrace technology transformation, it drives their competitive advantage.

ETFGI Reports That Assets Invested In The Global ETFs Industry Reached A New Milestone Of US$11.63 Trillion At The End Of 2023

Date 16/01/2024

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reports that assets invested in the Global ETFs industry reached a new milestone of US$11.63 trillion at the end of 2023.   The global ETFs industry gathered US$171.76 billion in net inflows in December, bringing 2023 net inflows to US$974.87 billion.  Assets invested in the global ETFs industry increased by 25.6% in 2023, going from US$9.26 trillion at end of 2022 to US$11.63 trillion, according to ETFGI's December 2023 global ETFs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted)
 

Nasdaq Releases First Global Financial Crime Report, Measuring The Scale And Human Impact Of Financial Crime

Date 16/01/2024

• Report reveals $3.1 trillion in illicit funds and money laundering globally in 2023
• Global fraud losses totaled more than $485 billion last year

BCBS-CPMI-IOSCO Publish Consultative Report On Transparency And Responsiveness Of Initial Margin In Centrally Cleared Markets

Date 16/01/2024

• BCBS-CPMI-IOSCO call for interested parties to comment on ten policy proposals which aim to improve central clearing participants’ understanding of initial margin calculations and potential future margin requirements.
• The report proposes that central counterparties (CCPs) should provide additional public disclosures on their margin models and increase the sophistication and accessibility of margin simulation tools.
• Clearing members should provide greater transparency to clients and the CCPs of which they are members.