News Centre

Updated: Global AML Fine Amounts Fall As Regulators Turn Their Attention To Crypto: Kroll

Date 22/03/2022

• Blockbuster fine in the Netherlands underlines that the U.S. no longer dominates AML penalty activity
• AML failings accounted for over half the total value of UK fines issued by the FCA in 2021
• The UK regulator opens fewer AML cases in 2021, as enforcement focus shifts away from major banks

Seraphim Space Announces Bob Wigley, Chairman Of UK Finance, As Senior Advisor

Date 22/03/2022

Seraphim Space, the world’s leading Space Investor, has today announced the appointment of Bob Wigley as a Senior Advisor. The appointment further deepens Seraphim’s existing financial services expertise, following the launch of Seraphim Space Investment Trust Plc on the London Stock Exchange in 2021. Globally respected as a British finance expert, Bob brings exceptional experience and networks to the Seraphim team. Bob is currently Chairman of UK Finance which represents the UK Banking and Finance sector with HM Government and regulators. Previously he was the Chairman of Merrill Lynch for EMEA (now Bank of America) and a Court Member of the Bank of England. Bob also chaired the Green Investment Bank Commission. Since leaving banking Bob has chaired and invested in several Fintech companies. With Space set to play a powerful and unique role as we look to address climate change his unique blend of experience and expertise further strengthens Seraphim’s commitment to Environmental, Social and Governance (ESG) goals. 

GLEIF Welcomes Rubix Data Sciences As First Validation Agent In India - As LEI Mandates Increase Across India, The Region’s First Validation Agent Will Facilitate LEI Issuance And Create An Ecosystem Which Supports SME Growth

Date 22/03/2022

The Global Legal Entity Identifier Foundation (GLEIF) is pleased to announce that Rubix Data Sciences (Rubix) has become the first Indian-based Validation Agent within the Global Legal Entity Identifier (LEI) System. Rubix is the provider of a leading B2B risk management and monitoring platform to the Indian market. It will work as a Validation Agent of Legal Entity Identifer India Ltd. (LEIL), which is a GLEIF accredited LEI issuer and a wholly owned subsidiary of the Clearing Corporation of India Ltd.

TP ICAP Digital Assets Adds Market Maker Hudson River Trading To Spot Platform

Date 22/03/2022

TP ICAP, a leading global markets infrastructure and data solutions provider, has added Hudson River Trading to the list of market makers joining its Digital Assets Spot platform, set to launch later this year. 

Provenir AI Shrinks The Cost, Complexity And Time-To-Market For Smarter Financial Services Risk Decisioning - Provenir Adds AI Horsepower To Its Decisioning Platform To Access, Analyze, And Action Data With Greater Accuracy

Date 22/03/2022

Provenir, a global leader in AI-powered risk decisioning software for the fintech industry, today introduced Provenir AI, giving financial institutions the power of artificial intelligence (AI) for better and faster risk decisioning while eliminating barriers to entry via a no-code approach.

New Survey: 24% Of UK Adults Ready To Invest In Tokens In 2022 - Research Commissioned By Tokenise Shows Appetite For Tokens Reaching Critical Tipping Point

Date 22/03/2022

Almost a quarter of Britons are ready to invest in tokens or NFTs this year, according to a new national survey.

Announcement On The Release Of Information Management Rules And Other Implement Rules Of Shanghai Futures Exchange

Date 22/03/2022

After being approved by the board of directors of Shanghai Futures Exchange (SHFE) and reported to China Securities Regulatory Commission, SHFE hereby releases the Information Management Rules and the revised versions of its Trading Rules and Options Trading Rules, which will come into effect as of the date of March 22, 2022.

Bank Of Russia: Trading On Moscow Exchange On 22 March 2022

Date 22/03/2022

The Bank of Russia has decided to hold trading in federal government bonds on the Moscow Exchange in the stock market on 22 March 2022 in the main trading mode from 9:50 to 18:50 Moscow time (9:50 — 10:00 Moscow time, an opening auction; 10:00 — 18:40 Moscow time, the main trading session; 18:40 — 18:50 Moscow time, a closing auction) as well as from 9:30 to 19:00 Moscow time, in the mode of negotiated trades/ traded deals with the CCP. There will be a ban on short selling of such instruments.

Rakuten Europe Bank Partners With Temenos To Take Banking To The Cloud - Rakuten Europe Bank Adopts Temenos Open Platform For Composable Banking To Enhance Its Member Experience, Speed The Development Of New Payment Products And Enter New Markets

Date 22/03/2022

Temenos (SIX: TEMN), the banking software company, today announced that Rakuten Europe Bank – part of the Rakuten group, a unique ecosystem of 70+ businesses and over 1.6 billion members worldwide – has signed with Temenos to deliver banking services including Rakuten Pay on the Temenos Banking Cloud. Powered by Temenos open platform, Rakuten Europe Bank will accelerate its growth across Europe.

ASIC: Securities Regulators Worldwide To Consult On Concerns Over Rapidly Evolving Retail Trading Markets

Date 22/03/2022

The International Organization of Securities Commissions (IOSCO) has published a consultation paper on retail market conduct issues in the context of the rapidly changing retail investment landscape across the globe.