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GLEIF Supports Development Of Cross-Border Organizational Trust Services Mutually Recognized By Japan And Europe - Standardized Entity Identifiers (LEIs) In eSeals Allow Japanese And European Organizations To Transact Digitally With Greater Trust In Counterpart Authenticity

Date 13/12/2022

A proof-of-concept initiated by the Global Legal Entity Identifier Foundation (GLEIF) has demonstrated that embedding the Legal Entity Identifier (LEI) within eSeals brings significant international interoperability and enhanced trust advantages. The initiative was undertaken to support a Japanese consortium program which aims to develop entity-level trust services that are mutually recognizable by Japanese and European organizations.

exeno To Launch A New All In One DeFi Platform

Date 13/12/2022

exeno, a pioneer in crypto commerce ("c-commerce") and DeFi technology, is launching its new platform exeno finance. A true DeFi innovation, exeno finance is taking the best of the decentralized financial world, crypto payments, and other Web3 solutions while creating a faster, simpler, and more effective way for everyday usage.

Finansinspektionen: A Strategy To Prevent Greenwashing

Date 13/12/2022

Finansinspektionen will prevent greenwashing in the financial sector through preventive measures and supervisory activities. Today, in a new report that is submitted to the government, FI presents a strategy to prevent greenwashing.

SteelEye Appoints Former Microsoft And Google Executive Christopher Pennington As Chief Revenue Officer To Boost Global Sales

Date 13/12/2022

SteelEye, the compliance technology and data analytics firm, has appointed Christopher Pennington as Chief Revenue Officer. This new role will strengthen SteelEye’s customer engagement and commercial functions as the firm continues to scale globally.

Suspected Identity Theft Targeting TFI Markets Ltd, Cyprus: BaFin Investigates Purported Sale Of Shares In “Porsche AG”

Date 13/12/2022

BaFin has become aware that a company operating under the name of “TFI Trade Limited” and allegedly domiciled in Cyprus is offering investors in Germany the opportunity to purchase shares in Dr. Ing. h.c. F. Porsche Aktiengesellschaft (“Porsche AG”). In this context, alleged representatives of the company claim that TFI Trade Limited is a subsidiary of TFI Pcl. and that it holds a licence issued by the “Cyprus Securities and Exchange Commission”. This claim is also made on the websites operated by the company, tfitrade.com and tfitrade24.com, where customers are offered further opportunities to trade in other financial instruments.

Hong Kong Securities And Futures Commission: Statement On Virtual Asset Arrangements Claiming To Offer Returns To Investors

Date 13/12/2022

The Securities and Futures Commission (SFC) wishes to remind investors of the risks associated with virtual asset (VA) platforms offering VA “deposits”, “savings”, “earnings” or “staking” services (VA Arrangements) to investors in Hong Kong in light of their continued prevalence despite previous investor warnings (Note 1) and recent events in the virtual asset industry. The SFC also takes this opportunity to remind the industry of the potential legal requirements when they offer VA Arrangements to investors in Hong Kong. 

BNP Paribas Strengthens Private Assets Capability

Date 13/12/2022

• BNP Paribas announces the creation of Private Assets, a new business unit within its Investment and Protection Services (‘IPS’) division (including asset management, wealth management, insurance and real estate), aimed at becoming a leading European player in private asset management.
• Integrated within BNP Paribas Asset Management and operational as of January 2023, Private Assets will combine private asset management expertise across IPS and will operate in close collaboration with BNP Paribas Corporate & Institutional Banking (‘CIB’) and the Group's distribution networks.

Tehran Stock Exchange Proposal To FEAS: Two New Working Committees In Federation Of Euro-Asian Stock Exchanges

Date 13/12/2022

The 36th General Assembly of the Federation of Euro-Asian Stock Exchanges (FEAS) was held in Cairo, the Capital of Egypt, on 12 December 2022 and Tehran Stock Exchange suggested establishment of two working committees in the meeting.

Shenzhen Stock Exchange Successfully Launches Shenzhen 100 ETF Option

Date 13/12/2022

On 12 December, 2022, SZSE successfully launched Shenzhen 100 ETF Option (underlying security: Shenzhen 100 ETF, Code: 159901) for trading., Deputy Director Tan Congyan of the Department of Market Supervision I of CSRC, Secretary Shu Yumin of Party Members Group of Shenzhen Financial Supervision Authority, President & CEO Sha Yan of SZSE and heads of fund companies addressed the launching ceremony on the spot or via video link. Leaders and guests from the CSRC system, Shenzhen Financial Supervision Authority and relevant market institutions witnessed another important moment in SZSE’s derivative market.

A Leading US Financial Institution Selects Temenos To Modernize Its Wealth Management Platform In The Cloud - Temenos Open Platform To Support Leading US Financial Institution’s Growth In Wealth Management

Date 13/12/2022

Temenos (SIX: TEMN) today announced that a leading US financial institution is extending its relationship with Temenos to include its international private banking business. The Temenos wealth management platform will support the bank’s strategic transition to a cloud-based core banking system and help drive growth in Europe and the Asia-Pacific (APAC) as it looks to transform its operations and drive efficiencies at scale, while offering first class services and products to its clients.