News Centre

Singapore Police Force: Former Chief Financial Officer Of Agritrade International Pte Ltd Charged For Cheating

Date 20/09/2021

On 18 September 2021, Lim Beng Kim, Lulu (“Lulu Lim”), former Chief Financial Officer of Agritrade International Pte Ltd (“Agritrade International”), was charged in court for cheating and dishonestly inducing a delivery of property under Section 420 of the Penal Code.

Western Bulk Chartering Lists On Euronext Growth - NOK 130 Million Raised – Market Capitalisation Of NOK 1,008 Million

Date 20/09/2021

Euronext today congratulates Western Bulk Chartering, on its listing on Euronext Growth (ticker code: WEST).

An Inflation Process In Flux: BIS Quarterly Review

Date 20/09/2021

• New study shows that price changes in narrowly defined sectors account for most of the fluctuations in consumer price inflation, indicating that the recent rise in inflation is likely to be transitory.
• The study also finds that in an environment of sector-specific price changes, monetary policy is limited in its ability to steer inflation within tight ranges, putting a premium on flexibility in pursuing inflation targets.
• Financial markets sent mixed signals in the period under review, with some developments pointing to an upbeat outlook while others indicated unease.

Moscow Exchange: Risk Parameters Change On Securities Market

Date 20/09/2021

CCP NCC is changing the following risk parameters on Securities market starting from September 27, 2021:

ACER: Registration Is Open For The REMIT Forum 2021 (25, 26 And 28 October)

Date 20/09/2021

The Forum will celebrate the 10th anniversary of the Regulation on Wholesale Energy Market Integrity and Transparency (REMIT) with a series of events. 25th of October 2021 marks the 10th anniversary of the regulation, which came into force in 2011 to support open and fair competition in the European wholesale energy markets.

Financial Markets Essential For Accelerated Energy Transition, But Policy Commitments Need To Arrive At COP26 – DNV

Date 20/09/2021

Ditlev Engel, CEO, Energy Systems at DNV, will unveil significant global analysis of the opportunities and challenges policymakers, financiers, energy companies and developers face in financing the energy transition, in London on September 30.

CTBC Bank Becomes First Taiwan Client To Clear At LCH ForexClear

Date 20/09/2021

• CTBC Bank has gone live as a client clearing FX derivatives at LCH
• UBS acted as clearing broker for the trade
• ForexClear continues to grow its client base in Asia and globally - members and clients of ForexClear benefit from enhanced risk management, as well as margin, capital and operational efficiencies
• Implementation of phase 5 of the uncleared margin rules (UMR) took effect from September 2021, impacting in-scope firms with derivatives of a notional value exceeding €50 billion

Office For Professional Body Anti-Money Laundering Supervision Publishes Report On Progress And Themes From 2020/21

Date 20/09/2021

The Office for Professional Body Anti-Money Laundering Supervision (OPBAS) has today released its latest report on progress made in tackling money laundering by professional body supervisors over the past year.

CME Group Launches First-Ever Sustainable Derivatives Clearing Service - Clearing Firms And Clients Will Now Be Able To Demonstrate Support Of ESG Objectives And Green Hedging Activities Through Clearing

Date 20/09/2021

CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of the derivatives industry's first-ever Sustainable Clearing service to help market participants track and report on how their hedging activities are advancing their sustainability goals. The service will be available from September 27, 2021.

Online Blockchain plc: MATIC And ETH Added to Umbria Network’s Narni Cross-Chain Bridge - Liquidity Providers Currently Earning Up To 70% APY On ETH With Umbria’s Bridge

Date 20/09/2021

Umbria’s ultra-low-cost liquidity bridge now supports ETH and MATIC in addition to USDT and UMBR.