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Moscow Exchange: Risk Parameters Change For The Security LNC-RM
Date 12/08/2021
As per the Securities market risk parameters methodology, on 12.08.2021, 11-48 (MSK) the upper bound of the price band (up to 6005) and initial margins (up to 26.25 %) for the security LNC-RM were changed. New values are available here
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Arie Finance Launches Innovative Digital KYC Process For Onboarding Clients - New Electronic KYC Process, Initially Launched In Mauritius, Strictly Complies With The Financial Services Commission’s Rules And Regulations And Sets A Framework For Future Digital Compliance Adoption
Date 12/08/2021
ARIE Finance, the bespoke digital and service-based financial ecosystem for business banking customers, has announced the launch, initially in Mauritius, of a new Electronic KYC process for onboarding and meeting the ongoing compliance needs of its clients. announced the launch, initially in Mauritius, of a new Electronic KYC process for onboarding and meeting the ongoing compliance needs of its clients. This new process will enable ARIE Finance to provide a more streamlined experience by accelerating onboarding and verification processes, while complying with the Financial Services Commission’s regulations.
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Estonia’s LHV Bank Extends Partnership With Nets And Adds Issuing Services To UK Subsidiary
Date 12/08/2021
LHV Bank and European payment services provider Nets have extended their long-term partnership in Estonia, while adding new issuing services for LHV’s British subsidiary, LHV UK Limited.
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Eurex Is Further Extending Its Footprint In Latin America - MSCI Brazil Futures To Focus On Largest Market In Latin America. MSCI China Index Futures Will Replace MSCI China Free Index Futures
Date 12/08/2021
Eurex, the leading European derivatives exchange, will launch futures on the Latin American benchmark index MSCI Brazil. The derivatives arm of Deutsche Börse Group is responding to growing demand for investment and trading instruments focused on the Latin American region. The launch of the new contracts is scheduled for 6 September.
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Triodos Bank UK Selects SurePay’s Confirmation Of Payee Solution To Help Prevent Fraud And Misdirected Online Payments - After Launching In The UK In 2020 SurePay’s Confirmation Of Payee (CoP) Solution Is Now Checking Over 30 Percent Of All Online Payments In The British Market
Date 12/08/2021
SurePay, the leading Confirmation of Payee provider, has announced that Triodos Bank UK, one of the leading players in ethical sustainable banking, will implement its full-service Confirmation of Payee solution.
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Solidatus Selected By British Business Bank To Empower End-To-End Data Management
Date 12/08/2021
Solidatus, the leading metadata management technology firm, has been chosen by British Business Bank to enhance its data governance and data lineage capabilities. British Business Bank is the UK’s business development bank that helps drive economic growth by making finance markets work better for smaller businesses across the UK. Solidatus’ award-winning data lineage solution will empower the company to visualise and manage all its data from end-to-end.
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Appital Secures £2.5m Investment Led By Frontline Ventures - Investment Supports Appital’s Mission To Unlock Latent Liquidity In Equity Capital Markets
Date 12/08/2021
Appital, the Equity Capital Marketplace, today announced it has secured a £2.5m investment from Frontline Ventures and a number of seasoned capital markets angel investors to bring technological innovation and automation to today’s equity capital markets, hence increasing efficiency.
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ASIC’s Approach To New Laws Reforming Financial Services Sector
Date 12/08/2021
Six reforms arising out of recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (Royal Commission) and other inquiries will commence in October.
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New Zealand Financial Markets Authority Accuses CEO Of Market Manipulation For Anonymous Posts On Investor Forum
Date 11/08/2021
The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko – has filed civil High Court proceedings against Matthew Geoffrey Hill, the Chief Executive Officer of NZX-listed New Talisman Gold Mines Limited (NTL), for alleged information-based market manipulation and making false and misleading representations. The case relates to anonymous posts Mr Hill allegedly made about the company on the Sharetrader website’s online investor forum.
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New Administration Showcases What Governance Means, By Kelvin To, Founder And President, Data Boiler Technologies, LLC
Date 11/08/2021
On August 6, 2021, the SEC quietly approved a modified version of the CT Plan. This CT Plan replaces the three existing plans (CTA, CQ, and UTP Plans) that currently govern the collection, consolidation, processing, and dissemination of market data. We thank the Commission for recognizing our comments over 60 times and making modifications favoring stronger governance controls. The enclosed document is our public statement towards the approval of CT Plan, it is entitled “New Administration showcases what Governance means”.
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