News Centre

ESMA To Assess German Financial Reporting System Following Wirecard Collapse

Date 15/07/2020

The European Securities and Markets Authority (ESMA) is to launch an assessment of the supervisory response in the financial reporting area by BaFin and the Financial Reporting Enforcement Panel (FREP) to the events leading to the collapse of Wirecard AG. It will be completed by 30 October 2020.

ABAKA Accelerates North American Expansion With Three Senior Executive Appointments - Company Strengthens Business Development Team With Industry Veterans As It Continues To Revolutionize Customer Engagement In Financial Services Through Hyper-Personalized, Digital Solutions

Date 15/07/2020

ABAKA, the global leader in digital saving and retirement enterprise SaaS solutions, has announced three new senior hires in the U.S. as it continues to build its client roster in North America. Tracy Puleo, Adam Bilmes, and Kevin McNee will be responsible for growing ABAKA’s network in the region, as the company continues to revolutionize how financial services firms help customers plan for the future through its Artificial Financial Intelligence™ technology platform.

ESMA Publishes Results Of The Annual Transparency Calculations For Non-Equity Instruments

Date 15/07/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today made available the results of the annual transparency calculations for non-equity instruments, which will apply from 15 September 2020. These calculations include the liquidity assessment and the determination of the pre- and post-trade size specific to the instruments and large in scale thresholds.

Evidology Makes MS Teams A Compliance Enabler Not A Threat

Date 15/07/2020

Evidology Systems, provider of the QED platform, which is uniquely aimed at principles-based regulations, is announcing today that its system is now fully integrated with Microsoft Teams, for the first time enabling sustained management of regulatory compliance from within that application. Compliance with regulations such as FRTB, SMCR, PSD2, and GDPR can now be tracked and demonstrated through Microsoft Teams. This addition to QED enables the financial sector and other verticals to extend this widely-used collaborative technology to compliance. This innovation builds on the announcement in April of QED’s integration with MS Office 365.

UK Financial Conduct Authority Confirms Further Support For Motor Finance And High Cost Credit Customers

Date 15/07/2020

The Financial Conduct Authority (FCA) has today confirmed the support that will be available for users of motor finance, buy-now pay-later (BNPL), rent-to-own (RTO), pawnbroking and high-cost short-term credit (HCSTC) products, who continue to face payment difficulties due to coronavirus (Covid-19).

GPW Ventures And KOWR Sign A Memorandum Of Understanding To Invest Jointly In Development Of Polish Agriculture

Date 15/07/2020

• GPW Ventures and Poland’s National Centre for Agricultural Support (KOWR) have signed a memorandum of understanding to establish the KOWR Ventures Fund which will invest in innovative SMEs
• The project will support the development of agriculture, the food and agricultural industry, and rural areas in Poland through innovative solutions

Listing Underlines Dubai’s Stature As One Of Largest Global Centres For Sukuk Listings Now At USD 72.59 Billion - DP World Group Chairman And CEO Rings Nasdaq Dubai Market Opening Bell To Celebrate USD 1.5 Billion Sukuk Listing

Date 15/07/2020

• Global supply chain solutions provider will use capital raised for general corporate and growth purposes including refinancing debt
• Value of new Sukuk listings on Nasdaq Dubai so far this year has risen to a record high USD 11.4 billion

IOSCO: Monitoring Group Publishes Its Recommendations To Strengthen The International Audit And Ethics Standard-Setting System

Date 15/07/2020

The Monitoring Group (MG) is pleased to present its recommendations Strengthening the International Audit and Ethics Standard-Setting System.

Moscow Exchange: The Additional Trading Session Starts Later For Derivatives Market On 5, 6, 12, 13, 17, 19, 20, 25, 26 And 27 August 2020

Date 15/07/2020

Please note that the Derivatives Market evening trading session will begin five minutes later, i.e. at 7:05 pm MSK, on  5, 6, 12, 13, 17, 19, 20, 25, 26 and 27 August 2020, as these are the last trading days for options contracts (in accordance with clause 6.2 of the Rules of organized trading for the Moscow Exchange Derivatives Market).

FlexTRADER EMS Now Offering Liquidnet Targeted Invitations

Date 15/07/2020

FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems announces direct availability of Liquidnet’s Targeted Invitations in its multi-asset trading blotter for equities.