News Centre

IPC Expands Market Data Coverage With Europe’s Leading Derivatives Exchange - Data Now Available Through Connexus Extranet

Date 21/11/2023

IPC, a leading provider of electronic trading, trading communications and ‘as a service’ infrastructure solutions, has added a European derivatives exchange to its expanding portfolio of connected exchanges and trading venues.

BNP Paribas Asset Management Strengthens Private Assets division With Appointment Of Head Of Low Carbon Infrastructure Equity

Date 21/11/2023

BNP Paribas Asset Management (‘BNPP AM’) today announced the appointment of Rodolphe Brumm to head its new Low Carbon Infrastructure Equity strategy within its Private Assets investment division.  The strategy, due to be launched at the beginning of 2024, will invest in low-carbon infrastructure projects in Europe through the acquisition of minority stakes in companies across various sectors related to the energy transition, such as the development of renewable energy projects, transport decarbonisation, circular economy and carbon capture.

Sumsub Boosts Pass Rates By 37% For Non-Regulated And Regulated Businesses With Its Refined Global Database Verification

Date 21/11/2023

Sumsub, a full-cycle verification platform, today announces the latest advancements to its Global Database Verification solution, designed for businesses seeking reliable, efficient, and cost-effective user verification. Global Database Verification caters to a wide range of both regulated and non-regulated industries and businesses looking to ensure the legitimacy and accuracy of user data on a global scale. With an average onboarding time of 4.5 seconds, the expected pass rate growth for companies using Global Database Verification is around 37%.

UK Government: £320 Million Plan To Usher Innovation And Deliver Mansion House Reforms

Date 21/11/2023

The Chancellor has announced a £320 million plan to drive innovation and unlock the first tranche of investment from his Mansion House Reforms.

Second Consecutive Platinum Deficit Forecast In 2024 Amid Ongoing Automotive And Industrial Demand Strength And Constrained Supply

Date 21/11/2023

• Platinum deficit of 353 koz forecast for 2024, with this year’s deficit to exceed 1 million ounces
• Both mining and recycling supply expected to be well below pre-COVID levels in 2023 and 2024
• Automotive demand continues to strengthen, up 14% this year, with a further 2% increase expected next year
• 2023 will see the highest industrial demand on record, with 2024 the third-highest
• Investment demand forecast to remain positive in 2024

Second Euronext Tech Leaders Campus Brings Together Europe’s Leading Tech Companies, Advisors And Investors Committed To Accelerating Tech Growth In Europe

Date 21/11/2023

• Second successful edition of the Euronext Tech Leaders Campus, a Euronext initiative aimed at bringing together the European technology community with the support of a network of local and international investment banks and advisors
• 180 meetings organised between international investors and executives of Euronext Tech Leaders, a unique platform in Europe to support them in funding their growth
• 300+ participants at the Euronext Tech Leaders Campus, uniting the community of listed Euronext Tech Leaders, high-growth European private Tech companies and financial players

ASIC Annual Forum 2023: Hardship And Vulnerable Consumers

Date 21/11/2023

KEY POINTS

• This article follows a session on the hardship issues impacting vulnerable consumers at the 2023 ASIC Annual Forum in Melbourne.
• ASIC is seeing evidence that an increasing number of customers are experiencing financial distress and difficulty due to cost-of-living pressures.
• The way credit providers respond can have a substantial impact on the lives of their customers. In addition to increased scrutiny of lenders’ hardship practices, ASIC remains focused on protecting vulnerable consumers and small businesses from the harms arising from predatory lending practices, high-cost credit and other poor conduct.

ASIC Annual Forum 2023: Responding To Climate Disruption

Date 21/11/2023

KEY POINTS

• This article follows a session on the impacts of the net-zero economy on Australian businesses at the 2023 ASIC Annual Forum (AAF) in Melbourne.
• The Australian Government is consulting on a new mandatory climate-related reporting regime – representing a gear-change for industry and regulators alike.
• Supporting effective climate and sustainability governance and disclosure, as well as tackling greenwashing, are priorities for ASIC.

ASIC Annual Forum 2023: Navigating Disruption: Setting A Direction For ASIC In 2024 - Keynote Opening Address By ASIC Chair Joe Longo At The ASIC Annual Forum, 21 November 2023

Date 21/11/2023

KEY POINTS

• Regulation and enforcement are the key to navigating disruption.
• With heightened geopolitical uncertainty, market volatility and unpredictability in the global economy, effective regulatory responses are required.
• ASIC takes a strategic approach to respond to emerging risks and harms and will continue to act to deter bad behaviour where necessary.

Japan Financial Services Agency: Finalization Of The Revised Draft Of “Guidelines For Creating, Recordkeeping And Reporting Of Transaction Information Specified In Article 4(1) Of The Cabinet Office Order On The Regulation Of Over-The-Counter Derivatives Transactions, Etc.”

Date 21/11/2023

The Financial Services Agency (FSA) called for public comments on the draft version of the revised “Guidelines for Creating, Recordkeeping and Reporting of Transaction Information specified in Article 4(1) of the Cabinet Office Order on the Regulation of Over-the-Counter Derivatives Transactions, etc.” from September 1 through October 2.