News Centre

Encompass Appoints Expert Industry Sales Leaders To Drive European Growth

Date 14/06/2022

Encompass Corporation, the provider of the leading Know Your Customer (KYC) automation platform, has announced a new global sales leadership team to power its growth, with the appointments of regional heads in the UK and Europe.

Monetary Authority Of Singapore, IFC And UNDP Launch Global Programme For MSME Financial Literacy And Empowerment

Date 14/06/2022

The Monetary Authority of Singapore (MAS), in partnership with the International Finance Corporation (IFC) and the United Nations Development Programme (UNDP), today launched an open financial education and action programme for micro, small and medium enterprises (MSMEs) in Asia and Africa. Known as the SME Financial Empowerment (SFE)  , this programme aims to help MSMEs build foundational digital financial literacy skills, and gain a good understanding of cross-border financial services relevant to MSMEs, to help them thrive in the post-pandemic digital economy. The SFE was rolled out with market partners in Asia and Africa, starting with Ghana, India, the Philippines, and Singapore, and will benefit more than 400,000 MSMEs across both regions.

Pleo Selects Lucinity To Provide Trusted AI-Powered AML Software As It Continues To Scale

Date 14/06/2022

Pleo, the Danish $4.7B FinTech used by 20,000 companies across Europe, has selected Lucinity as its central hub for Financial Crime Prevention after a rigorous selection process. 

Euronext Announces The Acquisition Of The Technology Businesses From Nexi’s Capital Markets Activities

Date 14/06/2022

Euronext Group (“Euronext”) and Nexi S.p.A. (“Nexi”) announce the signing of the sale and purchase of the technology businesses currently powering MTS, Euronext’s leading fixed-income trading platform, and Euronext Securities Milan (formerly called Monte Titoli) by Nexi to Euronext (the “Transaction”).

ASIC Remakes Relief On PDSs, Superannuation Dashboards And FSGs

Date 14/06/2022

ASIC has remade and combined seven legislative instruments relating to specific financial services disclosure requirements. These instruments were generally due to automatically repeal or cease in the next two years if not remade.

New Zealand Financial Markets Authority: OnePath And Cigna Admit To Fair Dealing Breaches For Credit Card Repayment Insurance

Date 14/06/2022

OnePath Life (NZ) Limited and Cigna Life Insurance New Zealand Limited will jointly pay $180,000 to the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko after admitting liability for breaching the fair dealing provisions of the Financial Markets Conduct Act 2013 (FMCA).

ASIC: How To Avoid ‘Greenwashing’ For Superannuation And Managed Funds

Date 14/06/2022

ASIC has released an information sheet to help issuers avoid ‘greenwashing’ when offering or promoting sustainability-related products. The publication will also assist issuers to provide investors with the information they should have to make informed decisions.  

SEC Charges Former Employee Of Online Gambling Company With Insider Trading - Software Engineer Traded, Tipped Friend Of Company’s Acquisition Plans

Date 13/06/2022

The Securities and Exchange Commission today announced insider trading charges against David Roda, a former software engineer at Penn National Gaming’s subsidiary Penn Interactive Ventures, in connection with the parent company’s $2 billion acquisition of Toronto-based Score Media and Gaming, Inc.

CFTC Commissioner Goldsmith Romero To Deliver Keynote Address At The CBA Futures & Derivatives Law Seminar 2022

Date 13/06/2022

ISDA: Key Trends In The Size And Composition Of OTC Derivatives Markets In The Second Half Of 2021

Date 13/06/2022

The latest data from the Bank for International Settlements over-the-counter (OTC) derivatives statistics shows a significant decrease in the gross market value and gross credit exposure of interest rate derivatives (IRD) and foreign exchange derivatives during the first half of 2021 compared to the first half of 2020 and year-end 2020. This decline represents a return to pre-pandemic levels and was driven by a less uncertain macroeconomic outlook.