News Centre

UK And Nordics Lead Open Banking In Europe

Date 17/06/2021

• New report from Mastercard reveals the progress of open banking across ten European countries
• Overall the UK and Nordic countries are best placed to make the most of open banking thanks to a high number of open banking APIs, progressive regulators, and consumer readiness
• In the UK there are more than 100 live solutions already in market and Q1 2021 usage exceeded 2bn API calls for the first time

Worldline’s WL Contact Offer Supports Over A Hundred European Banks With Their Customer Interactions

Date 17/06/2021

Worldline [Euronext: WLN] the European leader in the payments and transactional services industry, has rolled out its next-generation Cloud-based solution, putting to good use the experience it has gained in managing customer interactions over a period of 20 years. WL Contact now supports customer communications of over 100 banks, mainly located in Belgium, The Netherlands, Germany and Luxembourg. In total, it handles more than 190,000 bank cards on behalf of these banks, and agents at the Worldline service center using WL Contact tools take around 215,000 calls every month.

Derivatives Sell-Side Seeks To Reduce Vendor Relationships In Post-Trade Modernisation Push - Study By Acuiti Finds Desire To Modernise And Simplify Vendor Relationships

Date 17/06/2021

A majority of sell-side firms are planning on reducing the number of vendors they work with for derivatives middle to back-office technology as they look to modernise and simplify post-trade ecosystems, a study by Acuiti has found.

Hong Kong Securities And Futures Commission: Implementation Of Hong Kong-Thailand Mutual Recognition Of Funds

Date 17/06/2021

The Securities and Futures Commission (SFC) and the Securities and Exchange Commission of Thailand (SEC) announce that the implementation of the Mutual Recognition of Funds scheme (MRF) has come into effect.

Moscow Exchange: Risk Parameters On Securities Market

Date 17/06/2021

CCP NCC sets the following risk parameters on Securities market starting from June 17, 2021:

SGX Welcomes OTS Holdings Limited To Catalist

Date 17/06/2021

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

Monetary Authority Of Singapore Announces Further Extension Of The US$60 Billion Swap Facility With The US Federal Reserve And The MAS USD Facility Through 31 December 2021

Date 17/06/2021

The Monetary Authority of Singapore (MAS) announced today the further extension of the US$60 billion swap arrangement with the US Federal Reserve through 31 December 2021. The MAS USD Facility will also be extended to 31 December 2021, offering up to US$60 billion of backstop funding to banks to support USD lending to businesses in Singapore and the region.

Shenzhen Stock Exchange's First Publicly Offered Infrastructure REITs To Be Listed On June 21

Date 17/06/2021

On June 15, the announcement on listing and trading of SZSE’s first four publicly offered infrastructure securities investment funds (hereinafter referred to as “publicly offered infrastructure REITs”) was issued. Relevant publicly offered REITs products will be officially listed on June 21, which marks the official launch of the pilot program for the publicly offered REITs in China. Since the release of the Notice on the Work Related to Promoting the Pilot Program of Real Estate Investment Trusts (REITs) in the Infrastructure Field on 30 April 2020, SZSE has followed the overall plans of the China Securities Regulatory Commission (CSRC). With the strong support of the National Development and Reform Commission (NDRC) and other ministries and commissions concerned, SZSE has pursued progress while ensuring stability. We've gone all out to advance the pilot program, officially issued supporting rules and regulations, transformed and launched the technology system, promoted project review and sale in a well-regulated way, and carried out market organization and investor education training. Good preparations have been made in all aspects.

US Justice Department Sues To Block Aon’s Acquisition Of Willis Towers Watson - Acquisition Would Create Broking Behemoth And Eliminate Competition Between Two Of The “Big Three” Insurance Brokers

Date 16/06/2021

The U.S. Department of Justice filed a civil antitrust lawsuit today to block Aon’s $30 billion proposed acquisition of Willis Towers Watson, a transaction that would bring together two of the “Big Three” global insurance brokers. As alleged in the complaint filed in the U.S. District Court for the District of Columbia, the merger threatens to eliminate competition, raise prices, and reduce innovation for American businesses, employers, and unions that rely on these important services.

Wholesale Markets Banks And BCG Develop First Global Principles For Climate Finance Taxonomies - A Key Enabler For Transition Finance Success

Date 16/06/2021

A new set of principles published today by the Global Financial Markets Association (GFMA) and Boston Consulting Group (BCG) provides, for the first time, a global, actionable set of principles that are recommended to be considered by officials and the private sector when developing regional and sector-specific Climate Finance taxonomies.