News Centre

Tier1 Financial Solutions Appoints Franca Marinelli As Chief Human Resources Officer - Addition Comes Amidst Significant Growth And Expansion For Tier1 Financial Solutions And Will Help The Company Scale Globally

Date 19/08/2021

Tier1 Financial Solutions (“Tier1”), a leader in client relationship management (“CRM”), AML compliance and fraud prevention solutions, has appointed Franca Marinelli as Chief Human Resources Officer. In addition to managing human resources and organization development at Tier1, Marinelli’s goals will also include accelerating growth and transformation through leadership, creating unique models to cultivate the best talent, and building a culture of engagement and innovation.

Chinese Startups Raise Highest VC Funding Across APAC During January To July 2021, Finds GlobalData

Date 19/08/2021

China’s startup ecosystem, which produced several world-leading companies, has been in the news in the recent past about the impact of the government regulations on the venture capital (VC) market. However, China had a reasonably good H1 2021 despite the uncertain conditions due to the COVID-19 pandemic and regulatory shakeups. Now, GlobalData, a leading data and analytics company, reveals that Chinese startups raised the highest VC funding amount among all the Asia-Pacific (APAC) countries during January to July 2021.

Moscow Exchange: Risk Parameters Change For The Securities

Date 19/08/2021

The following risk parameters will be changed:

BISON Introduces Limit Orders - Number Of Active Users Grows To 460,000 - Trading Volume Of EUR 4.2 Billion In 2021

Date 19/08/2021

Uncomplicated and secure trading in cryptocurrencies on the smartphone: this is possible with BISON, Boerse Stuttgart Group’s crypto app. Now BISON is introducing limit orders: Users can set a price at which they want to buy or sell a cryptocurrency for the period of 90 days. When the defined price limit is reached, the order is automatically executed – around the clock, seven days a week. "With limit orders, we are implementing a functionality frequently requested by our users. They can now trade in an even more targeted manner without having to constantly monitor the market. At the same time, trading at BISON remains as simple as possible,” said Dr Ulli Spankowski, CEO of Sowa Labs GmbH, the subsidiary of Boerse Stuttgart Digital Ventures GmbH which developed the BISON app. Since the beginning of 2021, the number of active users at BISON has more than doubled to around 460,000. The trading volume in 2021 is around EUR 4.2 billion.

Moscow Exchange: Risk Parameters Change For The Security PFE-RM

Date 19/08/2021

As per the Securities market risk parameters methodology, on 19.08.2021, 10-43 (MSK) the lower bound of the price band (up to 3438) and initial margins (up to 15 %) for the security PFE-RM were changed. New values are available here

Digital Token Identifier Industry Forum Discuss Crypto Standards - DTI Product Advisory Committee, (PAC) Kicks Off With First Meeting Amid Regulatory Focus On Crypto-Markets

Date 19/08/2021

The Digital Token Identifier Foundation (DTIF) announces the first meeting of Digital Token Identifier (DTI) Product Advisory Committee, (PAC), which took place on Thursday 12th August, 2021.  The DTIF is responsible for the DTI Registry and providing stewardship on DTI implementation, and is a new non-profit division of Etrading Software (ETS), the Registration Authority for the ISO Digital DTI standard, ISO 24165. The PAC has been established to discuss the new vendor-neutral, open, freely available, global DTI standard. 

The EBA Observes That The Number Of High Earners In EU Banks Remained Overall Stable In 2019

Date 19/08/2021

The European Banking Authority (EBA) published today its Report on high earners for 2019. The analysis shows that in 2019, 4 963 individuals working for EU banks received a remuneration of more than EUR 1 million, which is mostly the same as in 2018. The average ratio between the variable and fixed remuneration for high earners decreased from 139% in 2018 to 129% in 2019. Institutions’ preparation for the UK withdrawal from the EU has affected the distribution of high earners across the EU with a number of high earners relocating from the UK to the EU.

SGX Welcomes Shanaya Limited To Catalist

Date 19/08/2021

Singapore Exchange (SGX) today welcomed Shanaya Limited to its Catalist under the stock code “SES”.

ASX Limited Full-Year Results To 30 June 2021 (FY21)

Date 19/08/2021

Financial highlights relative to the prior comparative period (FY20) based on Group segment reporting

• Results reflect strength of diversified business given impact of the RBA’s current policy settings 
• Operating revenue up 1.4% to $951.5m, with strong growth in listings and equity activities balancing effects of interest rate policy on futures 
• Statutory NPAT down 3.6% to $480.9m and underlying NPAT down 6.4% 
• Material decline in interest earnings reflecting policy settings 
• Higher capital investment in long-term sustainability of business 
• 90% dividend payout policy maintained

New Zealand Government Announcement: Workplaces That Can Open At Level 4

Date 19/08/2021

Update from the Director General of Health: 19 August 2021, 2pm

The Director General of Health has declared that registered banks and licensed non-bank deposit taking entities carrying out critical financial services may operate as a Level 4 Business or Service.  View the Gazette notice.