News Centre

Duo In Charge Of Tackling Crypto Crime In UK Offering 'More Excuses Than Explanations' - Reaction From Julian Dixon, Fortytwo Data

Date 04/07/2018

Money laundering in the UK is now “a very big problem” admitted Donald Toon, Director of Prosperity at the NCA, and Mark Thompson, Interim Director of the SFO, to a Treasury Committee earlier this afternoon, with the pair conceding that £150 billion or more is laundered here annually.

Dubai Mercantile Exchange Welcomes Growing Use Of Oman Benchmark

Date 04/07/2018

Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, welcomes the announcement earlier today of Saudi Aramco’s commitment to use the DME Oman crude oil benchmark in its Asian pricing formula.

Opinions From The ESRB And The EBA Regarding Changed Method For Application Of The Risk Weight Floor For Swedish Mortgages

Date 04/07/2018

The ESRB and the EBA have submitted their Opinions to the European Council, the European Commission and Finansinspektionen regarding Finansinspektionen's intention to change its method for the application of the current risk weight floor for Swedish mortgages.

Saudi Aramco Rebalances Its Asia Crude Oil Benchmark

Date 04/07/2018

Saudi Aramco announced that it is adjusting its Asia crude oil pricing marker in an effort to increase the overall reliability of its crude oil pricing.

UK Financial Conduct Authority Directory Of Financial Services Workers Announcement - Analysis By Duff & Phelps

Date 04/07/2018

The UK Financial Conduct Authority (FCA) has today proposed a new Directory to help consumers and firms check the status and history of individuals working in financial services.

Mark Turner, Managing Director at regulatory consultancy Duff & Phelps, comments:

On the context:

• “The introduction of the Directory is a positive development for both firms and customers and it’s good to see that the FCA has listened to the concerns raised through the consultation process.
• “It fills the problematic void that would have otherwise existed where most currently registered individuals would no longer be visible on a public register. 

CREDI Indicates Increased Optimism Among Banks As Well As Improved Credit Terms

Date 04/07/2018

In the July issue of the Catella Real Estate Debt Indicator (CREDI), the Main index increases from 50.5 to 54.3, which is the strongest index score since September 2015. Property companies and banks have a positive view of the development of the credit market, while the bond market is showing signs of levelling out.

BlockEx Launches Innovative Digital Bond Service And Enters FCA Sandbox As Part Of Path To UK Authorisation

Date 04/07/2018

BlockEx has announced that its new Digital Bond service has been successfully selected for the FCA Sandbox in Cohort 4 as part of the roadmap to regulatory authorisation.

Nigerian Stock Exchange Partners Kinabuti Fashion Initiative To Promote Financial Literacy And Entrepreneurship Amongst Youths

Date 04/07/2018

As part of its contribution towards building a financially savvy generation, The Nigerian Stock Exchange (“NSE” or “Exchange”) is partnering with Kinabuti, to empower young people with entrepreneurial skills and financial literacy leveraging its Dare To Dream initiative across university campuses in Nigeria. 

IOSCO Seeks Feedback On Proposed Good Practices For Commodities Storage And Delivery

Date 04/07/2018

The Board of the International Organization of Securities Commissions (IOSCO) is requesting feedback on proposed good or sound practices to assist relevant storage infrastructures and their oversight bodies to identify and address issues that could affect commodity derivatives’ pricing and in turn affect market integrity and efficiency.

Tehran Stock Exchange Weekly Market Review From 30 June 2018 To 04 July 2018

Date 04/07/2018

Click here to download Tehran Stock Exchange's weekly market review.