News Centre

Optimizing ISO 20022 For Cross-Border Payments: Why The LEI And BIC Are A Perfect Fit For A Truly Global Identification Scheme, Clare Rowley, Head Of Business Operations, GLEIF

Date 30/03/2023

Challenges in the cross-border payments market include high costs, low speed, limited access, and insufficient transparency. In October 2020, the G20 endorsed a roadmap to enhance cross-border payments. The roadmap was developed by the Financial Stability Board (FSB) in coordination with the Bank for International Settlements’ Committee on Payments and Market Infrastructures (CPMI) and other international organizations and standard-setting bodies.

First Ever Global Investment Management Summit Held In London

Date 30/03/2023

Today (28 March) the City of London Corporation will  jointly host the inaugural Global Investment Management Summit which will showcase the UK’s strength in the sector by bringing together major global banks, pension schemes and sovereign wealth funds.

ESMA Provides Guidance For Supervision Of Copy Trading Services

Date 30/03/2023

The European Securities and Markets Authority (ESMA) the EU’s financial markets regulator and supervisor, publishes today a supervisory briefing on firms offering copy trading services, in accordance with its objective of fostering investor protection and actively promoting supervisory convergence across the Union.

UK Financial Conduct Authority Application Of The Derivatives Trading Obligation To Certain Credit Default Swaps

Date 30/03/2023

On 26 September 2022, ICE Clear Europe announced the cessation of clearing for all classes of credit default swaps (CDS) contracts from 27 October 2023. Counterparties will need to close out their CDS positions on ICE Clear Europe and establish equivalent ones on other central counterparties (CCPs) before 27 October 2023. 

UK Regulators Welcome The Government’s Updated Green Finance Strategy

Date 30/03/2023

In a joint statement, the FCA, the FRC, the BoE and the TPR have welcomed the Government's updated Green Finance Strategy.

The Semi-Annual Review Results For Qatar Stock Exchange Indices Will Be Effective From April 2, 2023

Date 30/03/2023

Qatar Stock Exchange announces that the review results for all Qatar Stock Exchange indices will be effective from April 2, 2023.

The Amman Stock Exchange Index Quarterly Review

Date 30/03/2023

Mr. Mazen Wathaifi the Chief Executive Officer of the Amman Stock Exchange (ASE) said that the ASE has conducted the periodic quarterly review of the ASE indices constituents in purpose of ensuring that these indices reflect the market performance and the trading activity of the listed companies. By this rebalancing, the activity of listed companies in regard to trading during the last quarter has been reviewed. After that, the ASE has conducted its screening process for all listed companies based on the criteria used by the ASE represented by full market capitalization of the companies and the number of trading days during last quarter.

Hexagon Purus Transfers To The Oslo Børs Main Market

Date 30/03/2023

• 2nd transfer between Oslo Børs markets this year and 34th since the beginning of 2020

• Market capitalisation of approximately NOK 7 billion

London And New York Tie As Top Global Financial Centres According To New Benchmarking Research

Date 30/03/2023

New figures published by the City of London Corporation, show that, London and New York rank joint first as leading financial centres globally.

ESMA Issues Statement On The Derivatives Trading Obligation

Date 30/03/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published a Public Statement on the DTO in the context of the migration of credit default swap contracts out of ICE Clear Europe.