News Centre

LSEG To Acquire TORA

Date 22/02/2022

London Stock Exchange Group (LSEG or the Group) today announces it has agreed to acquire TORA, a leading cloud-based technology provider that supports customers trading multiple asset classes across global markets.

BME Launches CONNEXOR To Speed Up And Streamline The Admission Of Warrants In The Spanish Market

Date 22/02/2022

• The new service made available to warrant issuers is a SIX platform that has become a standard in the Swiss market and other European countries

UAE Securities And Commodities Authority Invites Inputs From Financial Market Stakeholders On A New Draft Regulation Governing Private Shares.

Date 22/02/2022

As part of its role to regulate and promote the development of the UAE financial markets, the Securities and Commodities Authority (SCA)—following its standard approach, invites feedback from all stakeholders before enacting new regulations governing “private shares”, which are defined in the draft regulation as “___”.  

Singulus Technologies Aktiengesellschaft: BaFin Threatens To Impose Coercive Fines

Date 22/02/2022

BaFin issued a notice on 7 February 2022 ordering Singulus Technologies Aktiengesellschaft to comply with the financial reporting requirements under sections 114 et seq. of the Securities Trading Act (Wertpapierhandelsgesetz – WpHG) and threatening to impose coercive fines totalling EUR 220,000.

Japan Financial Services Agency: Preparation For Permanent Cessation Of LIBOR

Date 22/02/2022

On March 5, 2021, ICE Benchmark Administration (IBA) has announced that it intends to cease the publication of LIBOR based on the current methodology referencing rates provided by panel banks (panel-based LIBOR) immediately after end-2021 except for certain US dollar LIBOR settings. While LIBOR is mainly referenced in derivative contracts such as interest rate swaps, it is also quoted in a significant number of cash products including corporate loans and bonds. Additionally, it is used in wide range of users, including not only financial institutions but also non-financial corporate and institutional investors. In this regard, there is the possibility of disruption to users if LIBOR were ceased without sufficient preparation.

Hong Kong Securities And Futures Commission Concludes Consultation On Regulating Trustees And Custodians Of Public Funds And Further Consults On Implementation Details

Date 22/02/2022

The Securities and Futures Commission (SFC) today released consultation conclusions and began a further consultation on a proposal to regulate depositaries (ie, top-level trustees and custodians) of SFC-authorised collective investment schemes (CIS).

GCEX Expands Global Footprint With New Office In Kuala Lumpur

Date 22/02/2022

GCEX, an FCA regulated digital brokerage that enables brokers, funds and professional traders to access deep liquidity in digital assets and FX has opened an office in Kuala Lumpur.

GOH Speech By Tan Boon Gin, CEO Of Singapore Exchange Regulation: Leadership Diversity And Firm Performance - A Study Of Singapore-Listed Companies

Date 22/02/2022

1. Good morning ladies and gentlemen. Thank you for the invitation to speak today.

2. Let me first congratulate the organisers for putting together the report which will be presented later and for organising this event.

Digital Pound Foundation Announces Partnership With CryptoUK, Fostering Stronger Ecosystem For New Forms Of Digital Money In The UK

Date 22/02/2022

The Digital Pound Foundation (DPF) today announces a new strategic partnership with CryptoUK as part of its plans to foster a stronger ecosystem for new forms of digital money in the UK. Incorporated in June 2021 and formally launched in October 2021, the DPF is an independent, non-profit organisation which works with a variety of stakeholders and participants towards the implementation of a well-designed digital Pound. As policy developments surrounding digital currencies are accelerating, the DPF is building partnerships with a number of key organisations to help strengthen the dialogue with policymakers and collaborate on developing best practices.

SEBA Bank Secures Financial Services Permission From Abu Dhabi Global Market And Opens Office In Abu Dhabi

Date 22/02/2022

• The Financial Services Permission (FSP) enables institutional clients to benefit from SEBA Bank’s digital asset banking services, including credit and custody solutions, investment advisory, and management
• SEBA Bank will leverage ADGM’s status as a leading global innovation hub to conduct regulated activities in the region
• Dedicated office and expanded regional headcount to drive institutional business growth and solidify status as regional leader in digital asset banking