News Centre

Setting The Standard: Verra’s Revolutionary New REDD Methodology

Date 27/11/2023

Today, Verra, the world’s leading standards setter for climate action and sustainable development, published its much-anticipated REDD methodology for forest conservation projects in the Verified Carbon Standard (VCS) Program, along with that methodology’s module for Avoiding Unplanned Deforestation (AUD) activities. REDD stands for Reducing Emissions from Deforestation and Forest Degradation, an approach that covers a range of activities, including preventing illegal logging and providing alternative livelihood sources.

EBA Issues Guidance To AML/CFT Supervisors Of CASPs

Date 27/11/2023

The European Banking Authority (EBA) today extended its risk-based anti-money laundering and countering the financing of terrorism (AML/CFT) supervision guidelines to AML/CFT supervisors of crypto-asset service providers (CASPs). The new guidelines set clear expectations of the steps supervisors should take to identify and manage money laundering and terrorism financing (ML/TF) risks in this sector and are an important step forward in the EU’s fight against financial crime.

NGX Regco Builds Shareholders’ Capacity On Corporate Governance

Date 27/11/2023

In line with its collaborative regulatory philosophy aimed at promoting a transparent and fair market, NGX Regulation Limited (NGX RegCo) organized a two-day workshop for retail shareholders in Nigeria between Thursday, 23 November and Friday, 24 November 2023.

CME Group Named To Computerworld's 2024 Best Places To Work In IT For Sixth Consecutive Year

Date 27/11/2023

CME Group, the world's leading derivatives marketplace, today announced that it has been recognized by Foundry's Computerworld as one of the Best Places to Work in IT for the sixth consecutive year.

BIS: Basel Committee Publishes More Details On Global Systemically Important Banks

Date 27/11/2023

• Basel Committee provides additional information regarding the 2023 G-SIB assessment.
• Further details include global denominators and individual bank indicators.
• The release accompanies the Financial Stability Board's updated G-SIB list.

Rimes Launches AI Lab To Power Their Clients To Harness The Power Of AI

Date 27/11/2023

• Creating a focused experimental environment for prototyping
• Collaborating on real-life client projects
• Accelerating AI-driven product roadmap

ETF Anticipation Fuelling The Largest Surge In Inflows Since Late 2021 - CoinShares: Fund Flows

Date 27/11/2023

• Digital asset investment products saw inflows totalling US$346m last week, the largest weekly inflows in this 9 consecutive week run.
• Bitcoin saw inflows totalling US$312m last week, bringing year-to-date inflows to just over US$1.5bn, while short-sellers continue to capitulate.
• Ethereum saw US$34m inflows last week, bringing this 4-week run to US$103m, almost correcting its run of outflows this year, marking a decisive turn-around in sentiment.

UK Financial Conduct Authority: Update For Investors In The Woodford Equity Income Fund

Date 27/11/2023

There has been commentary over the weekend about the redress scheme for people who invested in the Woodford fund. It is vital that as people vote they receive accurate information.

XTX Markets Launching $10 Million 'Artificial Intelligence Mathematical Olympiad Prize'

Date 27/11/2023

XTX Markets is launching the Artificial Intelligence Mathematical Olympiad Prize ('AI-MO Prize'), a new $10mn challenge fund designed to spur the creation of a publicly-shared AI model capable of winning a gold medal in the International Mathematical Olympiad (IMO).

Nasdaq Dubai Welcomes The Listing Of USD 2.03 Billion Green Bonds By Industrial And Commercial Bank Of China

Date 27/11/2023

• This makes ICBC, the largest Green Bonds issuer on Nasdaq Dubai with a cumulative total of USD 6.93 billion
• The listing includes four issuances from ICBC’s branches in Dubai (DIFC), Hong Kong, Singapore and Luxembourg
• Nasdaq Dubai continues to be the regional leader for innovative and sustainable financing solutions, with Nasdaq Dubai's Green issuances alone accounting for USD 18.55 billion.