News Centre

SEC Charges Convicted Criminal Who Conducted Fraudulent ICO Using A Fake Identity

Date 17/01/2020

The Securities and Exchange Commission today charged convicted criminal Boaz Manor, his business associate, and two businesses, CG Blockchain Inc. and BCT Inc. SEZC, with raising over $30 million from hundreds of investors in a fraudulent initial coin offering (ICO).

Dubai Based Fintech Set To Disrupt UK Digital Payments

Date 17/01/2020

Dubai based fintech company specializing in payment processing is set to launch OG Bank and OG Pay (On the Go) a digital banking solution, chat based payment wallet and a digital point of sale (POS) all to be operated from mobile devices.

FINRA Promotes Jessica Hopper To Head Of Enforcement

Date 17/01/2020

FINRA announced today that it has promoted Jessica Hopper to Executive Vice President and Head of Enforcement. Hopper has been Acting Head of Enforcement since Susan Schroeder announced her departure in September 2019. Hopper will report directly to CEO Robert Cook.

Is This The Decade Of The Credit Union? Speech By Charles Randell, Chair Of The FCA, Delivered At The National Credit Union Forum, Penrith

Date 17/01/2020

Highlights:

• Community based lending is key part of growing the supply of affordable credit.
• Accelerating the growth in credit union membership requires a transformation of the sector.
• Credit unions need governance that’s equal to this transformation challenge, while continuing to protect consumers and prevent financial crime.

Chicago Business Barometer™- December Adjusted Lower - Stronger Growth In Second Half Of 2019 Offset By Lower Growth In Q1

Date 17/01/2020

The Chicago Business Barometer^TM, produced with MNI, was revised down in December to 48.2 from 48.9 previously, following the annual seasonal adjustments.

Monetary Authority Of Singapore Alerts Financial Institutions To Vulnerability In Microsoft Windows Operating System

Date 17/01/2020

The Monetary Authority of Singapore (MAS) had issued an advisory on 15 January to alert financial institutions in Singapore of critical vulnerabilities in the Microsoft Windows Operating System. These vulnerabilities could allow malicious files or applications to bypass detection from security applications and gain control of the computer systems. MAS had informed financial institutions using the affected Windows Operating Systems to take immediate action to install the relevant patches. Financial institutions should also take mitigating measures to prevent the vulnerabilities from being exploited.

ETFGI Reports Assets Invested In ETFs And ETPs Listed In United States Reached A New Record Of US$4.42 Trillion At The End Of 2019

Date 17/01/2020

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that ETFs and ETPs listed in United States gained net inflows of US$56.15 billion during December, bringing year-to-date net inflows to US$330.24 billion. Assets invested in the US ETFs/ETPs industry have increased by 3.3%, from US$4.28 trillion at the end of November, to $4.42 trillion, and 30.4% during 2019, according to ETFGI's December 2019 US ETFs and ETPs industry landscape insights report, an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Malawi Stock Exchange Weekly Summary Report - 17 January 2020

Date 17/01/2020

Click here to download Malawi Stock Exchange's weekly summary report.

NICE Actimize Adds Cryptocurrency Innovator CipherTrace To X-Sight Marketplace To Enhance Due Diligence And Reduce Risk - Complementing NICE Actimize’s AML solutions portfolio, Ciphertrace Cryptocurrency Solutions Detect Money Laundering And Enable Regulatory Supervision

Date 17/01/2020

With cryptocurrency-related compliance issues on the rise, and an increase in enforcement actions anticipated, the need for financial institutions to adopt solid AML programs addressing this market segment is expected to escalate this year. With this activity at the forefront, NICE Actimize, a NICE business (Nasdaq: NICE) and leader in Autonomous Financial Crime Management, today announced that CipherTrace, a leading provider of cryptocurrency intelligence and blockchain security, has joined the X-Sight Marketplace, the industry’s first financial crime and compliance ecosystem. The X-Sight Marketplace gateway connects financial services organizations with data, applications, tools and service providers, all in one place, to allow users to experience the value of choice while reducing integration timelines.  

Moscow Exchange Changes The Tick Size From The 3rd Of February 2020

Date 17/01/2020

To increase the effectiveness of equity market microstructure, MOEX establishes the new tick size and Decimals parameter for the following stocks starting 3rd February 2020 in the following trading modes:

• Main trading mode Т+ ("Т+2" order book)
• Odd lots trading mode
• Dark pool trading mode
• Equities D — Main trading mode Т+
• Negotiated trading mode(NTM)
• Equities D (NTM) trading mode
• NTM with CCP trading mode