News Centre

The EBA's Recent Mystery Shopping Exercise Shows The Value This Tool Adds To The Supervisory Tasks Of National Authorities

Date 08/08/2023

• The exercise demonstrates the added value that mystery shopping can bring as a complementary tool to national competent authorities’ conventional supervisory actions and yields information and insight into the conduct of financial institutions that is not readily available through other means.
• Mystery shopping allows national competent authorities to obtain greater insight into the conduct of financial institutions, which in turn allows them to take corrective actions to better comply with applicable requirements, thus eventually enhancing the protection of consumers.
• This publication is the EBA’s fourth and final step in the fulfilment of its new mandate to coordinate mystery shopping activities of national competent authorities.

Provenir Unveils New London Office In Response To Continuous Growth In The UK - The Company’s London Team Grew By 138% In The Last 12 Months As Provenir Sees Strong Demand For Its AI-Powered Risk Decisioning Software In The British Market

Date 08/08/2023

Provenir, a global leader in AI-powered risk decisioning software, today announced the relocation of its London office to a larger facility at 76 Charlotte St. Fitzrovia W1T 4QS to accommodate its expanding team. Over the past 12 months, Provenir has experienced a remarkable 138% growth in its London team, owing to the continuous acquisition of new customers in the UK and throughout Europe.

Tradeweb And LSEG’s FXall Collaborate tTo Launch FX Swap Workflow Solution For Local Currency Emerging Markets Bonds

Date 08/08/2023

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has launched a new and innovative solution to help institutional investors trade Emerging Markets (EM) products more efficiently. Developed in collaboration with FXall - LSEG’s leading electronic platform for global currency products - Tradeweb’s FX Swap Workflow is a multi-asset digital solution linking trading workflows in local currency EM bonds and FX swaps through a single user interface (UI).

Spectrum Markets Sees Record First Half Trading Volumes In 2023, In Spite Of Q2 Dip

Date 08/08/2023

• Record high of 787m securitised derivatives traded in Η1 2023 vs. 657m in Η1 2022
• UniCredit Bank AG joined Spectrum in May, listing a range of products on the trading venue
• Number of available instruments on Spectrum has grown to nearly 18,000

Dubai Financial Services Authority And UAE’s Financial Intelligence Unit Sign MoU To Strengthen Collaborative Action Against Financial Crime

Date 08/08/2023

The Dubai Financial Services Authority (DFSA) has signed a Memorandum of Understanding (MoU) with the Financial Intelligence Unit (FIU) of the UAE to advance coordination and cooperation on Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) and illegal organisations.

Hong Kong Securities And Futures Commission Concludes Consultation On Amendments To Enforcement-Related Provisions Of The Securities And Futures Ordinance

Date 08/08/2023

The Securities and Futures Commission (SFC) today published consultation conclusions on proposed amendments to enforcement-related provisions of the Securities and Futures Ordinance (SFO).

Circular On Self-Regulatory Measures Taken By CFFEX In July 2023

Date 08/08/2023

To prevent market risks, maintain orderly operation of the market and protect investors’ legitimate rights and interests, China Financial Futures Exchange (CFFEX) took the following self-regulatory measures against violations of exchange rules in July 2023.

Monetary Authority of Singapore Response To Media Queries On OCBC's Security Feature

Date 08/08/2023

MAS strongly supports banks' initiatives to bolster the security of digital banking.

Circular On Self-Regulatory Measures Taken By CFFEX In July 2023

Date 08/08/2023

To prevent market risks, maintain orderly operation of the market and protect investors’ legitimate rights and interests, China Financial Futures Exchange (CFFEX) took the following self-regulatory measures against violations of exchange rules in July 2023.

Shenzhen Stock Exchange Earnestly Implements The Opinions On The Reform Of The Independent Directors System And Revises The Supporting Self-Regulation Rules

Date 08/08/2023

On August 4, 2023, the China Securities Regulatory Commission (“CSRC”) released the Measures for the Management of Independent Directors of Listed Companies. In accordance with the unified deployment of the CSRC, Shenzhen Stock Exchange (“SZSE”) issued the newly revised supporting self-regulation rules for the reform of the independent directors system (hereinafter referred to as the “Revised Rules”) on the same day, which will take effect on September 4, 2023.