News Centre

Moneyhub CEO Samantha Seaton Joins FDATA Global Board As A Non-Executive Director

Date 21/06/2022

• Appointment follows previous collaboration between FDATA and Moneyhub to define Open Banking standards in the UK and further afield
• Directorship complements Seaton’s positions on the TISA Open Savings, Investments and Pensions (OSIP) steering committee and the MaPS’ Pensions Dashboards Programme (PDP) steering group and highlights importance of Open Finance

Financial Firms Are Investing More In Tech To Manage Increasingly Complex Regulatory Landscape

Date 21/06/2022

• Almost 90% of financial services firms have reported increased compliance expenditure over the past five years, with 1-in-10 saying costs have doubled
• Nearly half of compliance professionals (45%) believe technology is a key driver behind the increased costs
• Regulatory reporting and trade surveillance are the biggest investment areas in the UK
• Communications surveillance and trade surveillance are the top investment priorities in the US, particularly for banks
• Nearly 50% of firms are investing in AI for compliance, with large firms leading the way

Japan Securities And Exchange Surveillance Commission: Recommendation For Administrative Monetary Penalty Payment Order For Market Manipulation In JGB Futures By Atlantic Trading London Limited

Date 21/06/2022

1. Contents of the Recommendation

The Securities and Exchange Surveillance Commission, today, made a recommendation to the Prime Minister and the Commissioner of the Financial Services Agency that an administrative monetary penalty payment order be issued in regard to market manipulation by Atlantic Trading London Limited pursuant to Article 20(1) of the Act for Establishment of the Financial Services Agency. This recommendation is based on the findings of an investigation into market manipulation, whereby the following violation of laws and ordinances was identified.

Pharmaledger And GLEIF Support Innovation In Global Healthcare Services By Enabling Trusted Digital Identity - Consortium That Supports The Design And Adoption Of Blockchain-Enabled Healthcare Solutions To Deploy Digital Attestation Of The LEI To Thus Provide Robust, Real-Time Identity Verification And Enable Fast Participant Onboarding At Scale

Date 21/06/2022

A collaboration between GLEIF and PharmaLedger has resulted in the Legal Entity Identifier (LEI) becoming a critical component of a new healthcare service blockchain platform. The partnership enables a digitally trusted ecosystem, designed to support innovation, and benefit all global healthcare stakeholders involved – from manufacturers to patients. The digital trust enabled by the verifiable LEI (vLEI) promises to vastly increase the operational efficiency of the global healthcare industry. This also results in the digital exchange of data and documentation relating to a wide range of use cases, including patient health, clinical drug trials and supply chain partnerships.

ION Treasury’s ITS To Support AVL’s International Operations

Date 21/06/2022

ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, and central banks, announces that AVL List GmbH (AVL) has selected the ION ITS solution for its new treasury management system (TMS).

ACRA And SGX RegCo Set Up A Sustainability Reporting Advisory Committee To Advance Sustainability Reporting For Singapore

Date 21/06/2022

The Accounting and Corporate Regulatory Authority (ACRA) and Singapore Exchange Regulation (SGX RegCo) have set up a Sustainability Reporting Advisory Committee (SRAC) to advise on a sustainability reporting roadmap for Singapore-incorporated companies. As part of its work, the Committee will provide inputs on the suitability of international sustainability reporting standards for implementation in Singapore.

Monetary Authority Of Singapore: AI Utility NovA! To Unlock Opportunities For Green Financing And Combat Greenwashing

Date 21/06/2022

The Monetary Authority of Singapore (MAS) announced today the first use case of NovA! to help financial institutions (FIs) assess the sustainability performance of Singapore’s real estate sector.  NovA!, part of the National Artificial Intelligence (AI) Programme in Finance, is aimed at helping FIs harness AI to generate insights on financial risk. In the initial phase, the programme will focus on enhancing FIs’ ability to assess companies’ environmental impact and identify

Shenzhen Stock Exchange Further Tightens Its Regulation Over Convertible Bond Trading To Effectively Protect The Legitimate Rights And Interests Of Investors

Date 21/06/2022

To implement the Measures on Administration of Convertible Corporate Bonds, further guard against the risks in trading convertible corporate bonds ("CBs") and maintain the trading order in the market, Shenzhen Stock Exchange ("SZSE") has drafted the Implementation Rules of Shenzhen Stock Exchange for Convertible Corporate Bond Trading (Exposure Draft) ("Trading Rules") under the overall guidance of CSRC. Solicitation of market opinions started on June 17. Meanwhile, SZSE released the Notice on the Suitability Management of Convertible Corporate Bonds ("Suitability Notice"), with a view to further enhancing the investor suitability management of CBs and protecting their legitimate rights and interests. The Suitability Notice took effect on June 18.

The Future Is Happening, Written By, Nicolas Aguzin, HKEX Chief Executive Officer

Date 21/06/2022

Anniversaries come once a year but change and transformation are constant. As we celebrate our 22nd Anniversary as a listed company today and look out at the world, change and transformation are everywhere. 

US Secretary Of The Treasury Janet L. Yellen Reinforces U.S.-Canada Economic Bond And Discusses Efforts To Bring Down Inflation On First Trip To Canada As Treasury Secretary

Date 20/06/2022

On U.S. Secretary of the Treasury Janet L. Yellen’s first trip to Canada as Secretary of the Treasury, she reinforced the common priorities shared by the U.S. and Canada in securing global security and economic prosperity and stability. in a series of engagements with Deputy Prime Minister Freeland, Secretary Yellen discussed U.S. collaboration with Canada on a range of issues including improving supply chains and other efforts to bring down inflation, increasing economic pressure on Russia and the continued commitment to support Ukraine, as well as joint efforts to mitigate the global consequences being felt because of Russia’s aggression.