News Centre

EBA Releases Its Annual Assessment Of The Consistency Of Internal Model Outcomes For 2020

Date 16/03/2021

The European Banking Authority (EBA) published today two Reports on the consistency of risk weighted assets (RWAs) across all EU institutions authorised to use internal approaches for the calculation of capital requirements for 2020. The Reports cover credit risk for high and low default portfolios (LDPs and HDPs), as well as market risk. The results confirm that the majority of risk-weights (RWs) variability can be explained by fundamentals. These benchmarking exercises are a fundamental supervisory and convergence tool to address unwarranted inconsistencies and restoring trust in internal models.

EBS Collaborates With TORA To Provide Improved FX Liquidity For Multi-Asset Hedge Fund And Buy-Side Community

Date 16/03/2021

EBS, the leading global provider of electronic trading platforms and technology services in foreign exchange markets, today announced a collaboration with TORA, provider of the industry's most advanced cloud-based, multi-asset order and execution management system (OEMS), to link EBS Market and EBS Direct's FX liquidity with TORA's multi-asset platform.

Softsolutions! Appoints James Della-Porta As Head Of Client Engagement - Experienced Fixed Income Professional Joins To Increase Market Awareness Of Firm’s Fixed Income Trading Software And Smart Order Management Capabilities And To Grow Revenues.

Date 16/03/2021

SoftSolutions!, the high performance multi-market fixed income trading technology provider, today announced that industry veteran James Della-Porta has joined as Head of Client Engagement. In his role, James will help clients take full advantage of the flexible approach that SoftSolutions! offers to the fixed income marketplace. 

Worldline Supports PSA Payment Services Austria GmbH’s Quest To Roll Out One Of The Most Advanced Payment Ecosystems In Europe - Worldline To Handle The Processing Of Interbank Mass Payments From 2022 Onwards

Date 16/03/2021

Worldline (Euronext: WLN) and PSA Payment Services Austria GmbH (PSA) are extending their collaboration, working together at the heart of Austria’s payment system. Worldline will act as the technical clearing and settlement partner for domestic and international interbank payments. 

UK Financial Conduct Authority Starts Criminal Proceedings Against NatWest Plc

Date 16/03/2021

The Financial Conduct Authority (FCA) has today announced that it has commenced criminal proceedings against National Westminster Bank Plc (NatWest) in respect of offences under the Money Laundering Regulations 2007 (MLR 2007).

FINCI Goes Live With Temenos In Record Time In Less Than 4 Months

Date 16/03/2021

• Lithuanian fintech is launching intelligent financial management tools with instant multi-currency payments powered by next-generation Temenos Payments in the cloud
• Temenos Payments and core banking platform enables FINCI to accelerate time to market, create hyper-efficient business models and leverage open banking to deliver financial value-added services for individual and business clients
• Temenos is the de facto technology platform of choice for digital challenger banks and financial companies around the world that want to launch fast and innovate continually

Digital Wallet Users To Exceed 4.4 Billion By 2025, As Mobile Drives Digital Payments’ Revolution: Juniper Research

Date 16/03/2021

Press Conference By ASO Taro, Deputy Prime Minister, Minister Of Finance, And Minister Of State For Financial Services - Mizuho Bank System Failure

Date 16/03/2021

(Excerpt)

(Tuesday, March 2, 2021, 8:39 am to 8:45 am)

[Questions and answers:]

Q.

Mizuho Bank suffered a system failure that left customers unable to remove cashcards or bankbooks from ATMs. What is your view on how the Financial Services Agency should address this matter going forward?

IMF Executive Board Approves US$50 Million Disbursement To Sierra Leone To Address The Continuing Impact Of The COVID 19 Pandemic

Date 15/03/2021

• The Sierra Leonean authorities’ quick and decisive actions mitigated the impact of the COVID-19 pandemic, helping prevent a larger loss of life and even deeper economic costs.
• However, the pandemic will have long-lasting economic and social effects, and shrinking incomes, rising poverty, inequality, and food insecurity remain concerns.
• To help meet the authorities’ urgent financing needs and support their continued response to the pandemic, the IMF has approved a US$50.37 million disbursement under the Rapid Credit Facility.

Tesla Names Elon Musk Technoking Of Tesla, Zach Kirkhorn Master Of Coin

Date 15/03/2021

Effective as of March 15, 2021, the titles of Elon Musk and Zach Kirkhorn have changed to Technoking of Tesla and Master of Coin, respectively. Elon and Zach will also maintain their respective positions as Chief Executive Officer and Chief Financial Officer.