News Centre

The Business Of Social Purpose, Speech By Jonathan Davidson, FCA Executive Director Of Supervision – Retail And Authorisations, Given At The 6th Annual Culture And Conduct Forum

Date 26/11/2020

Highlights

• Culture remains a key area of focus for the FCA.
• During the coronavirus (Covid-19) crisis, financial services firms have supported consumers, and been part of the solution rather than the problem, providing an opportunity to rebuild trust in financial services moving forwards.
• While coronavirus might be the most immediate challenge firms are facing, it isn’t the only one – the need to break barriers around diversity and inclusion, and climate change and sustainability are key challenges that also require urgent attention. 
• Firms with healthy cultures – cultures that are purposeful, safe, and support environments that are diverse and inclusive – will be better placed to tackle these challenges.
• The financial services industry has the opportunity to make real progress, driven by social purpose.

HKEX Research Report: Performance Of ESG Equity Indices, Versus Traditional Equity Indices

Date 26/11/2020

Summary:

Research Finds ESG Equity Indices Match or Outperform Traditional Markers

Sustainable investing is growing steadily around the globe, driven by international efforts such as the Paris Agreement to address climate change. In practice, investments taking into account environmental, social and corporate governance (ESG) considerations are believed to promote sustainable long-term economic and business development. Investors are also motivated to use ESG metrics in their portfolio selection in order to support companies and technologies that they believe can help solve the environmental and social problems facing humanity.

Gearing Up For New And Evolving Jobs In Financial Services" - Remarks By Mr Ravi Menon, Managing Director, Monetary Authority Of Singapore, At “Growing Timber” MAS-IBF Webinar Series On 26 November 2020

Date 26/11/2020

Good morning and thank you for joining us.  MAS and IBF are launching today the “Growing Timber” project – a series of monthly webinars and events focused on jobs and skills in the financial services sector. 

State Street Global Markets: Investor Confidence Increased In November By 10.6 Points To 90.7

Date 26/11/2020

State Street Global Markets releases the results of the State Street Investor Confidence Index® (ICI) for November 2020.

Propp Launches To Digitise The Specialist Property Finance Market - Founded By Industry Veterans, The Comparison Site Is The First Of Its Kind And Is Set To Disrupt Traditional Brokers In This Space

Date 26/11/2020

Propp.io, the UK’s first specialist property finance comparison site launches today. Going live with over 40 lenders already on the platform, the company specialises in bridging finance and commercial mortgages, digitising the process for borrowers and driving competition amongst lenders. 

Duff & Phelps Strengthens Transaction Advisory Services Practice With Appointment Of New Managing Director - Tim Wainwright Joins As A Managing Director In The Firm’s UK Transaction Advisory Services Practice, Based In London

Date 26/11/2020

Duff & Phelps, the world’s premier provider of governance, risk and transparency solutions, has announced the appointment of Tim Wainwright. Tim joins the firm as a managing director in the Transaction Advisory Services practice, based in the London office.

LuxSE Collaborates With Solactive On Solactive LGX Green Bond Impact Index

Date 26/11/2020

The Luxembourg Stock Exchange (LuxSE) entered into an agreement with the German index engineering company Solactive AG to establish a new green bond impact index, the Solactive LGX Green Bond Impact Index. This index is composed of a selection of green bonds listed on LuxSE and displayed on the Luxembourg Green Exchange (LGX), the world’s leading platform for sustainable securities.

Wiener Börse: Christoph Boschan Re-Elected As CEO

Date 26/11/2020

The Supervisory Board of Wiener Börse AG unanimously decided the early re-appointment of Christoph Boschan as CEO for a further period of five years. He has been CEO of the exchange group, which also includes the Prague Stock Exchange, since September 2016. Christoph Boschan, who is originally from Germany, previously held positions in Berlin, London and Stuttgart. The Management Board of Wiener Börse AG will thus continue to consist of Christoph Boschan, Chief Executive Officer, and Petr Koblic, Chief Financial Officer, in the coming years. With this appointment, the Supervisory Board confirms the successful management of the company and ensures continuity in running the central infrastructure platform.

ESMA Publishes Shortlist Of Candidates For Position Of Chair

Date 26/11/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published the shortlist of qualified candidates for the position of Chair, which it has sent to the Council of the European Union (Council) and the European Parliament (Parliament). The Council will appoint the Chair following confirmation by the Parliament.

Monetary Authority Of Singapore And Institute Of Banking And Finance: Measures To Enhance Job Readiness And Job Retention In Financial Sector

Date 26/11/2020

The Monetary Authority of Singapore (MAS) and the Institute of Banking and Finance (IBF) announced today additional measures to support and strengthen the development of workers in the financial services sector. They also launched the “Growing Timber” series of webinars and events to provide a forum for key manpower issues in the financial services sector to be discussed.