News Centre

PayPal Launches New Service Enabling Users To Buy, Hold And Sell Cryptocurrency - Will Enable Cryptocurrency As A Funding Source For Digital Commerce At Its 26 Million Merchants - Receives Conditional Bitlicense From New York State Department Of Financial Services

Date 21/10/2020

The migration toward digital payments and digital representations of value continues to accelerate, driven by the COVID-19 pandemic and the increased interest in digital currencies from central banks and consumers. PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the launch of a new service enabling its customers to buy, hold and sell cryptocurrency directly from their PayPal account, and signaled its plans to significantly increase cryptocurrency's utility by making it available as a funding source for purchases at its 26 million merchants worldwide.

UK Financial Conduct Authority Writes Joint Letter On Brexit With The Bank To CEOs Of Insurance Firms And Updates Its Website For All Firms

Date 21/10/2020

Jointly with the Bank of England, we have written a letter to CEOs of insurance firms on the importance of being prepared for the end of the transition period, in order to minimise disruption and ensure market stability.

Deal On EU-UK Relations Must Not Compromise EU Values

Date 21/10/2020

Reporting to Parliament on the outcome of the 15-16 October summit, European Council President Charles Michel said that the EU welcomes a close relationship with the UK, but not in a scenario where the UK wants access to the single market and at the same time diverges from EU standards and regulations. “You can’t have your cake and eat it,” he said.

NZX / EEX Partnership Selected To Provide Emissions Auctions For NZ Government

Date 21/10/2020

A joint bid by the New Zealand Exchange (NZX) and the European Energy Exchange (EEX) has been selected to develop and operate the managed auction service for the New Zealand’s Emissions Trading Scheme (NZ ETS) – one of the Government’s main tools for meeting domestic and international climate policy targets.

ESMA Chair Steven Maijoor Delivers Keynote At Irish Funds Annual Global Funds Online Conference

Date 21/10/2020

Steven Maijoor, Chair of the European Securities and Markets Authority (ESMA), has delivered a keynote address at the Irish Funds Annual Global Funds Online Conference today.

UK Parliament: Financial Services Bill Introduced Today

Date 21/10/2020

• Financial Services Bill to maintain UK’s world-leading regulatory standards and openness to international markets introduced today
• this Bill is the first step in shaping a regulatory framework for the UK’s financial services sector outside of the EU
• it will enhance the competitiveness of the sector and ensure it continues to deliver for UK consumers and businesses

The Monetary Policy Toolbox In The UK - Speech By Dave Ramsden, Bank Of England, Deputy Governor For Markets & Banking, Given At The Society Of Professional Economists Online Conference

Date 21/10/2020

Dave Ramsden gives his perspective on the MPC’s response to the policy challenges of the Covid pandemic and how the MPC has used its “monetary policy toolbox”: the range of policy tools it has used so far, what tools are available to them now, and which ones they might decide to use in the near future.

Eurex - Spotlight On: Equity Index ESG Derivatives

Date 21/10/2020

Eurex has set the pace for the develop-ment of ESG derivatives, launching its first ESG equity index products in February 2019. Now, as it gears up to expand its equity suite with the addition of four DAX 50 ESG and EURO STOXX 50® ESG futures and options, Christine Heyde, Equity & Index Product Design and Achim Karle, VP, Sales Equity & Index Derivatives, share their thoughts on the journey so far and the upcoming launch.

Nasdaq Announces Retirement Of Chief Financial Officer Michael Ptasznik - Appoints Controller And Chief Accounting Officer Ann Dennison As CFO

Date 21/10/2020

Nasdaq (Nasdaq: NDAQ) today announced that Michael Ptasznik has decided to retire from his position as Chief Financial Officer effective February 28, 2021. Ptasznik will be succeeded by Ann Dennison, Nasdaq’s Senior Vice President, Controller and Chief Accounting Officer. Dennison will assume the role of Chief Financial Officer effective March 1, 2021.

Hedge Fund Kadima Sun Investments Selects Tier1 To Optimize Investor Relationships

Date 21/10/2020

Tier1 Financial Solutions (“Tier1”), a leading client relationship management (“CRM”) technology provider for capital markets and banking, has gone live with hedge fund Kadima Sun Investments (KSI), demonstrating the versatility and ingenuity of Tier1’s CRM platform across the full spectrum of capital markets and banking participants. The deployment is enabling Kadima Sun Investments to more impactfully and efficiently pitch the firm’s unique investment strategy to potential investors.