News Centre

ESMA Sees Significant Room For Improvement In National Regulators’ Supervision Of Derivatives Data

Date 17/10/2019

The European Securities and Markets Authority (ESMA) has today published the results of a peer review it conducted into supervisory actions of six National Competent Authorities (NCAs) regarding their approaches at enhancing the quality of derivative data reported under the European Market Infrastructure Regulation (EMIR). 

Brexit Deal Reaction: State Street's Marija Veitmane

Date 17/10/2019

Marija Veitmane, Senior Strategist, multi-asset at State Street Global Markets: “The “agreed deal” is just a step in Brexit resolution. We still see a lot of challenges ahead. The economic rationale for both sides to reach the deal has been present for a long-time, but unfortunately politics has been standing in the way. Those issues are yet to be resolved.

UK Financial Conduct Authority Data Show 4.29m Complaints For First Half Of 2019

Date 17/10/2019

The Financial Conduct Authority (FCA) has today published the complaints figures for regulated firms for the first half of 2019. The data showed an increase in complaints from 3.91m in the second half (H2) of 2018 to 4.29m for the first half (H1) of 2019.

HKEX: Product Enhancements To USD/CNH Options And Cash-Settled CNH/USD Futures Contracts

Date 17/10/2019

Hong Kong Futures Exchange Limited (“the Exchange”) is pleased to announce the following product enhancements to the USD/CNH Options and cash-settled CNH/USD Futures contracts: 

1. Extension of trading hours of USD/CNH Options contracts; and
2. Introduction of two additional calendar quarter months for USD/CNH Options and cash-settled CNH/USD Futures contracts 

UK Financial Conduct Authority Seeks Compensation For Park First Investors

Date 17/10/2019

The FCA has started proceedings against Park First Limited, its senior managers, including its chief executive officer and a number of other companies connected to the Park First group. The FCA is seeking compensation orders in favour of investors in respect of losses they have suffered in the Park First scheme.

Cappitech Recognized As A Gartner “Cool Vendor In Banking”

Date 17/10/2019

Cappitech, a leading provider of regulatory reporting and intelligence solutions for the financial services industry, has been recognized by the world’s leading research and advisory company, Gartner, as one of four 2019 “Cool Vendors in Banking”. According to the report, “Gartner’s company wide Cool Vendors initiative — which selects some of the most exciting and innovative technology providers in dozens of markets — is always one of our most highly anticipated research projects. It’s so popular, in fact, that we’ve shifted from an annual schedule to publishing Cool Vendors twice a year. This research from Gartner’s Global Financial Services team is the second edition of Cool Vendors focused specifically on the banking industry.”

Capital Markets Union given a New Breath of Life in New HLEG Report putting Sustainable Finance firmly at its Core

Date 17/10/2019

On 9 October the Next CMU High-Level Expert Group (HLEG) - composed of experts from Germany, France, the Netherlands, Italy, Spain, Poland and Sweden who are charged by their ministers with analyzing the EU’s market-based financing capacity five years after the launch of the Capital Markets Union (CMU) - published its final report on the CMU, entitled “Savings and Sustainable Investment Union”.

CCRIF Welcomes Guatemala To The Facility

Date 17/10/2019

CCRIF SPC is pleased to welcome the Government of Guatemala to the Facility as its third Central American member. Guatemala has purchased parametric insurance cover for excess rainfall for the 2019/20 policy year. CCRIF’s membership now stands at 22 countries – 19 from the Caribbean and 3 from Central America.

CIMB Bank Singapore And iTrust To Roll Out Blockchain Trade Financing With Transaction Flows Of Up To US$100 Million A Year For Corporate Clients

Date 17/10/2019

CIMB Bank Berhad Singapore Branch ("CIMB") and iTrust have successfully completed their first structured trade financing transaction on iTrust's Blockchain and Internet of Things (IoT) platform.

SGX Establishes S$1.5 Billion Multicurrency Debt Issuance Programme

Date 17/10/2019

Singapore Exchange Limited (SGX) today announced that it has established a S$1.5 billion Multicurrency Debt Issuance Programme.