News Centre

Capital Markets Union: European Commission Proposes Simpler Rules To Make Settlement In EU Financial Markets Safer And More Efficient

Date 16/03/2022

The European Commission has today proposed changes to the Central Securities Depositories Regulation to enhance the efficiency of the EU's settlement markets, while safeguarding financial stability. Today's proposal is a key component of the 2020 Capital Markets Union Action Plan.

Nium Introduces New Global Brokerage Payments Solution To Provide Faster, Lower Cost Alternative To SWIFT Settlement - Solution Significantly Lowers Financial Institution Settlement Costs By Up To 90% For International Brokerage Account Transactions

Date 16/03/2022

Nium, a global leader in modern money movement, today introduced a new brokerage payments solution that offers international financial institutions (FIs) a faster and more cost-effective method of settling transactions to select U.S. brokerages enabling customers to easily invest in U.S. equities. When compared to transactions settled via the SWIFT International Payments Network, Nium lowers settlement costs for Financial Institutions by up to 90% for international brokerage account transactions.

Hong Kong Securities And Futures Commission Reprimands And Fines Emperor Securities Limited And Emperor Futures Limited $5.4 Million For Breaches Of Anti-Money Laundering Regulatory Requirements

Date 16/03/2022

The Securities and Futures Commission (SFC) has reprimanded and fined Emperor Securities Limited (ESL) and Emperor Futures Limited (EFL) (collectively, Emperor) $5.4 million for failures in complying with anti-money laundering and counter-terrorist financing (AML/CFT) regulatory requirements.

BNP Paribas Asset Management Appoints Head Of Global Equities

Date 16/03/2022

BNP Paribas Asset Management (‘BNPP AM’) announces the appointment of Nadia Grant as Head of Global Equities.  Based in London, Nadia joins on 4th April and will report to Guy Davies, CIO, Fundamental Active Equities.

AFME Appoints Caroline Liesegang As Head Of Prudential Regulation And Research

Date 16/03/2022

The Association for Financial Markets in Europe (AFME) has appointed Caroline Liesegang as Managing Director, Head of Prudential Regulation and Research, leading the Association’s work on the prudential framework for banks. Caroline succeeds Michael Lever, who retired at the end of 2021, after 10 years at AFME.

Leading European Bank Societe Generale Expands Client Offering Through DIFC

Date 16/03/2022

• Societe Generale Middle East reinforces its regional expansion strategy with license upgrade, reflecting its optimism in the region.
• Demonstrates client confidence in DIFC’s platform to capture growth opportunities.

Zero Tolerance And Strictness:Keynotes In Shanghai Stock Exchange’s Report On Front-line Regulation In 2021

Date 16/03/2022

In 2021, under the unified leadership of the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) implemented the decisions and arrangements of the CPC Central Committee and the State Council for crackdown on securities violations in accordance with the law. To achieve the end, the SSE adhered to the guidelines of “building the system, non-intervention, and zero tolerance” and followed the work requirements for “standing in awe of the market, the rule of law, expertise and investors, and forging synergy in comprehensive support for reform, development and stability of the capital market”. Besides, the SSE stuck to the people-oriented nature of the capital market, performed the duties of self-regulatory management, strengthened the front-line regulation in an all-round manner, and severely punished securities violations in accordance with laws and regulations. In addition, the SSE attached more importance to improving the promptness, transparency and synergy of the front-line regulation, maintaining an open, fair and just market order, and protecting the legitimate rights and interests of small and medium-sized investors.

Tokenise And ScribeStar Partner To Digitalise Admissions And Data Feeds For Security Tokens Exchange

Date 16/03/2022

Tokenise, the new ownership exchange for security tokens, including fractional ownership and royalties, has today signed a letter of intent with ScribeStar, a capital markets technology company, to fully digitalise the admissions process for digital assets on the Tokenise Stock Exchange.

Exegy Unveils New Product Portfolio - Unified Solutions Suite Positions Company For Global Expansion

Date 16/03/2022

Exegy Inc., a global leader in high-performance market data, predictive signals, trading platforms, and execution technology, today unveiled its expanded product portfolio that provides more comprehensive solutions across the capital markets ecosystem.

Volante Technologies Launches Service To Accelerate ISO 20022 Payments Modernization - Powered By Volante’s Low-Code Technology, The ISO 20022 Service Provides API Components Based On Comprehensive Standards Libraries, Simplifying ISO 20022 Adoption For Financial Institutions

Date 16/03/2022

Volante Technologies, the global leader in cloud payments and financial messaging, today announced the launch of the Volante ISO 20022 Service. This value-added service simplifies the complexity of ISO 20022 modernization for any organization involved in the processing of payment messages, from banks and financial institutions to fintechs and payment service providers (PSPs).