News Centre

KRM22 Adds Suite Of SMCR Applications To Global Risk Platform

Date 19/06/2019

KRM22 plc, (AIM: KRM:L) the technology and software investment company, with a particular focus on risk management in capital markets, today announces that it has added further SMCR applications to the Global Risk Platform. This includes a partnership agreement with Neotas to distribute and support its enhanced due diligence application.

UK Financial Conduct Authority Announces Further Action On Defined Benefit Transfers

Date 19/06/2019

The Financial Conduct Authority has today published the results of the data it has received from firms carrying out Defined Benefit (DB) transfers and set out the next steps in its supervisory work related to transfers.

Dubai Financial Services Authority Suspends Licence Of Rasan Capital Limited

Date 19/06/2019

The Dubai Financial Services Authority (DFSA), the independent regulator of financial services conducted in or from the Dubai International Financial Centre (DIFC), announced that it has suspended the licence of Rasan Capital Limited (RCL) for a period of 12 months, consistent with its aim of protecting direct and indirect users of the financial services industry in the DIFC.  

SIFMA Updates 2020 Fixed Income Recommendations To U.K. May Day

Date 19/06/2019

SIFMA has updated its recommendations for the trading of U.S. dollar-denominated fixed income securities in the U.K. to reflect the U.K.’s decision to move the early May bank holiday in 2020 from Monday, May 4 to Friday, May 8 to mark the 75th anniversary of Victory in Europe (VE) Day. Specifically, SIFMA recommends a full market close for the trading of U.S. dollar-denominated fixed income securities in the U.K. on Friday, May 8, 2020 for U.K. May/VE Day.

Circular Of Shanghai International Energy Exchange On The Last Trading Day And Delivery Dates For SC2001 And SC2002

Date 19/06/2019

Shanghai International Energy Exchange, the subsidiary of Shanghai Futures Exchange has released its Circular on the Last Trading Day and Delivery Dates for SC2001 and SC2002 on June 19, 2019 as follows

1. The last trading day for SC2001 will be December 20, 2019, and the delivery dates will be from December 23 to December 27, 2019.
2. The last trading day for SC2002 will be January 16, 2020, and the delivery dates will be January 17, January 20, January 21, January 22, and January 23, 2020.

Hong Kong’s Securities And Futures Commission Reprimands And Fines Credit Suisse (Hong Kong) Limited And Credit Suisse AG $2.8 Million For Regulatory Breaches

Date 19/06/2019

The Securities and Futures Commission (SFC) has reprimanded and fined Credit Suisse (Hong Kong) Limited (CSHK) and Credit Suisse AG (CSAG) (collectively, Credit Suisse) $2.8 million over their failures to comply with the disclosure requirements when they published certain research reports on Hong Kong-listed securities.

Peter Nash Appointed To The ASX Board

Date 19/06/2019

The Board of ASX Limited announces the appointment of Mr Peter Nash as a non-executive director effective today.

Treasury Committee Approves New Appointments At Bank Of England's Financial Policy Committee

Date 19/06/2019

The Treasury Committee has today published the following reports:

• Appointment of Dame Colette Bowe as External Member of the Bank of England’s Financial Policy Committee
• Reappointment of Professor Anil Kashyap as External Member of the Bank of England’s Financial Policy Committee
• Treasury Committee

UK Financial Conduct Authority: Update On Citizens Advice Supercomplaint To The CMA

Date 19/06/2019

Christopher Woolard, Executive Director of Strategy and Competition at the FCA, commented:

“Before the CMA published its supercomplaint response last year, we had already begun work in the mortgages, cash savings and general insurance markets. Ensuring that markets work well for longstanding and vulnerable consumers continues to be a priority for us and the loyalty penalty is a serious issue. We will continue to work closely with the CMA and other regulators on the recommendations relevant to us.”

SGX Orb Awards Invites Insights On Singapore’s Evolution As An International Financial Hub

Date 19/06/2019

• Special #SGX20 award category invites media and content producers to share their ideas of what financial marketplace of future may look like and what it means for Singapore
• Second edition of awards part of SGX’s efforts to encourage financial education, empower investors