News Centre

Cambodian Bank, Hattha Bank Selects Temenos Cloud-Native Digital Banking Platform To Speed Up Lending To 100,000 SMEs

Date 02/11/2021

• Temenos Infinity’s ready-to-go digital banking platform will allow Hattha Bank to quickly launch SME banking and support Cambodia’s Covid-19 economic recovery
• Seamless digital onboarding will allow the bank to rapidly grow its customer base and provide vital funding and banking services to 100,000 SMEs within five years

Securities Commission Malaysia Seeks Assistance To Locate Ricky Wong Shee Kai

Date 02/11/2021

The Securities Commission Malaysia (SC) is seeking information and assistance from the public to locate the whereabouts of the former Managing Director and Chief Executive Officer of Asia Media Group Bhd (AMGB), Ricky Wong Shee Kai. 

TP ICAP Trading Update For The Three Months Ended 30 September 2021

Date 02/11/2021

Nicolas Breteau, Chief Executive Officer, TP ICAP said:

"TP ICAP capitalised on improved operating conditions during the third quarter compared with the same period last year, due to increased volatility and higher secondary trading volumes. This resulted in revenue growth across all our divisions, with particular strength in Energy & Commodities.

These favourable trends continued through October 2021 and we continue to anticipate full-year revenue for the Group, excluding Liquidnet, to be broadly in line with 2020 on a constant currency basis."

Bexio And Three Other Accounting Tools Connect To bLink, The Open Finance Platform Of SIX

Date 02/11/2021

With bexio, one of the leading Swiss providers of business software is joining the bLink open finance platform. SwissSalary, Counteo and LIMMOBI are also new to the platform. Using the standardized Account & Payments Services API on bLink, SMEs can automatically integrate account and transaction data from their principal bank into their accounting tool. This significantly reduces the administrative effort for SMEs, solving a key customer problem with the new interface. This is also becoming increasingly important for banks.

SGX iEdge Licenses Its Bitcoin Index To Propine

Date 02/11/2021

Singapore Exchange (SGX) today announced it is licensing its iEdge Bitcoin Index to Propine, the first MAS-licensed digital asset custodian and a Bitcoin ETF service provider.

Better Advice Act Broadens ASIC’s Regulatory Responsibilities

Date 02/11/2021

• ASIC’s responsibilities in respect of the financial advice industry will be broadened under the Better Advice Act.
• From 1 January 2022, the role of the FSCP will be expanded and ASIC will take on the administration of the financial adviser exam. From 1 January 2023 all financial advisers must be registered
• ASIC will continue to work closely with Treasury, FASEA and the TPB to ensure a smooth transition of functions.

President’s Working Group Report On Stablecoins, SEC Chair Gary Gensler, Nov. 1, 2021

Date 01/11/2021

Today, the President’s Working Group on Financial Markets (PWG), along with the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency, published a thoughtful report on stable value coins, or so-called stablecoins.

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

Date 01/11/2021

As per the Securities market risk parameters methodology, on 01.11.2021, 23-31 (MSK) the upper bound of the price band (up to 12895) and initial margins (up to 18.75 %) for the security CLX-RM were changed. New values are available here

President’s Working Group On Financial Markets Releases Report And Recommendations On Stablecoins - Report Outlines Regulatory Framework For Stablecoins And Pathways To Address Risks

Date 01/11/2021

Today, the President’s Working Group on Financial Markets (PWG), joined by the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC), released a report on stablecoins.  Stablecoins are a type of digital asset generally designed to maintain a stable value relative to the U.S. dollar. While today stablecoins are primarily used to facilitate trading of other digital assets, stablecoins could be more widely used in the future as a means of payment by households and businesses.

Statement By The US Acting Comptroller Of The Currency On The Report On Stablecoins

Date 01/11/2021

Acting Comptroller of the Currency Michael J. Hsu issued the following statement on release of the Report on Stablecoins by the President's Working Group on Financial Markets, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency: