News Centre

Securities Commission Malaysia’s Audit Oversight Board Reprimands Auditor For Non-Compliance With International Standards On Auditing

Date 25/08/2021

The Securities Commission Malaysia’s Audit Oversight Board (AOB) has publicly reprimanded Sharinah binti Mohamed Iqbal, a partner of PKF, for breaching section 31Z(1)(b) of the Securities Commission Malaysia Act 1993 (SCMA) when she failed to comply with the International Standards on Auditing when auditing a public interest entity (PIE). Compliance with these auditing standards is a condition of registration for all AOB registrants.

UK Financial Conduct Authority Warns Insurance Firms Over Product Governance Rules Deadline

Date 25/08/2021

Insurance firms may not be ready to implement new product governance rules there to ensure insurance provides fair value, according to a review published today by the Financial Conduct Authority (FCA).

Clearstream Achieves Full CSDR Compliance Across Its CSDs

Date 25/08/2021

• Banking licence for its German CSD marks final CSDR licence for Clearstream
• CSDR represents major step towards a harmonised European post-trade space

Thailand Focus 2021 Virtual Conference Uplifts Thai Capital Market’s Potential, Attracting 192 Global Investors

Date 25/08/2021

The Stock Exchange of Thailand (SET) today kicks off “Thailand Focus 2021: Thriving in the Next Normal” conference to present the resilience and potential of the Thai capital market to foreign institutional investors, presided over by Finance Minister Arkhom Termpittayapaisith with highlights on Thailand’s economic stimulus packages. Significantly, top executives of 102 Thai listed companies will provide valuable market insights to 192 institutional investors from 105 financial institutions worldwide, setting the Thai capital market on the radar of foreign investors continuously.

Backbase Announces Partnership With eToro To Enable Continued Global Growth & Enhance Digital Onboarding Experience for Customers

Date 25/08/2021

Backbase, an Engagement Banking technology provider, announces today that it has partnered with eToro, a multi-asset investment platform that empowers people to grow their knowledge and wealth, to enhance eToro’s digital onboarding capabilities and back-end compliance infrastructure. The collaboration will see eToro adopting Backbase’s Digital Sales solution to deploy a fully digital and seamless account opening experience across its global user base, as well as a new Know Your Customer (KYC) architecture to better support the platform’s growth and compliance across the full customer lifecycle.

Vantage FX Appoints Global Marketing Director To Bring Global Insights To Localised Trading Needs

Date 25/08/2021

Vantage FX, the multi-asset trading platform for retail and professional traders, today announces the appointment of Geraldine Goh as Global Marketing Director. A key component of the company’s expansion strategy, Goh will help to align Vantage FX’s marketing and business goals on a global scale.

MNI China Liquidity Index™ – Rises To 46.0 In July

Date 25/08/2021

Key Points – July Report

Liquidity tightened modestly in July, despite the People’s Bank of China’s surprise RRR cut, the latest MNI Liquidity Conditions Index shows.

Aquis Exchange Plc: Appointment Of Independent Non-Executive Director To AQSE Board

Date 25/08/2021

Aquis Exchange PLC (AQX.L), the exchange services group, is pleased to announce that it has appointed Daniel (Danny) Lopez to the board of its subsidiary, Aquis Stock Exchange (“AQSE”), the primary market for growth companies, as an independent non-executive director (NED). The appointment has received approval from the FCA.

ASIC Consults On Payment For Order Flow Rule Amendments

Date 25/08/2021

ASIC has today released Consultation Paper 347 Proposed amendments to the prohibition on order incentives in the ASIC market integrity rules (CP 347).

Calastone Research - UK Investors Most Optimistic In 2021 Led By Gen X And Millennials

Date 25/08/2021

Calastone Global Investor Research 2021 – Summary Points

UK investors see the largest shift in optimism to invest across the world, driven by Gen X and millennials