News Centre

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.

Dalian Commodity Exchange To Open No. 1 Soybean, No. 2 Soybean, Soybean Meal, Soybean Oil Futures And Options To Overseas Traders On December 26, 2022

Date 13/12/2022

On December 9, 2022, the China Securities Regulatory Commission (CSRC) announced that the No. 1 soybean, No. 2 soybean, soybean meal, soybean oil futures and options of Dalian Commodity Exchange (DCE) have been added to the list of specified domestic products and will be open to overseas traders as of December 26, 2022. This means that soybean will become the first product in China's futures market to open up the entire sector as specified domestic products. Consequently, global enterprises in the soybean industry will have access to China's futures market for risk management.

The Realization Group Appoints New CEO To Drive Next Stage Of Growth

Date 13/12/2022

Specialist financial services marketing and communications agency, The Realization Group (TRG), has announced the appointment of Ollie Cadman as Chief Executive Officer. In this new role, Cadman will drive TRG’s ambitious strategy for scaling in 2023 and beyond. His appointment reinforces the agency’s leadership and success in promoting firms across the spectrum of FinTech, traditional and decentralised finance.

Shanghai Futures Exchange: Notice On Investigation And Penalties For Violations Of Relevant Rules And Regulations In November 2022

Date 13/12/2022

Shanghai Futures Exchange (hereinafter referred to as “The Exchange”) has been on continuous efforts in investigating and penalizing violations of relevant rules and regulations, so as to strengthen the risk management of the futures market, regulate the futures trading activities and protect the legitimate rights and interests of futures market participants. The enforcement against such violations in November 2022 are listed as follows: