News Centre

Valuable Capital Group, Part Of SINA Corporation Group, And Saxo Bank Announce Partnership To Offer Global Investment Services

Date 15/03/2018

Today, Valuable Capital Group, part of the SINA Corporation Group, and Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, announce an agreement to form a new partnership. The two parties will cooperate to provide diversified, convenient and professional global investment services leveraging Saxo Bank’s unique trading technology and access to global capital markets.

Getting Affordability Right In Consumer Credit - Speech By Jonathan Davidson, Director Of Supervision – Retail And Authorisations At The FCA, At Credit Summit, London.

Date 15/03/2018

Highlights

• A firm whose business model is predicated on selling products to customers who can’t afford to repay them is not acceptable, nor is it a sustainable long-term strategy.
• The financial situation for some is precarious, which means firms not only need to consider whether a customer has a history of repaying, but whether they are likely to be able to do so in the future.
• A successful business model relies on having a healthy firm culture.

Financial Watchdog Inspecting UK For First Time In Over A Decade

Date 15/03/2018

The international community’s anti-money laundering watchdog is on UK soil putting the country through its paces, specialist Anti-Money Laundering and Big Data firm Fortytwo Data can reveal today.

Securities Commission Malaysia And Bank Negara Malaysia Establish Joint Working Group To Accelerate Digitisation Of Stockbroking Industry

Date 15/03/2018

The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) today established the Brokerage Industry Digitisation Group (BRIDGe), a joint working group between the regulators and industry to accelerate digitisation of the stockbroking industry.

CESC Index Report For February

Date 15/03/2018

Highlights

• Mainland and Hong Kong markets retreated along with Europe and the US. Broad-based equity indices in both markets fell by 3 per cent to 8.7 per cent. 
• CES G10 outperformed the market by falling 2 per cent. 
• Global equity indices plunged across the board in anticipation of further rate hikes. 
• Reports said HKEX is working to launch ETF Connect this year, while expanding its listing regime to accommodate new economy companies. 
• White paper issued by Bank of China points to optimism about RMB’s internationalisation. 
• PBC adviser expects volatility in RMB to narrow and suggests less currency intervention

Malaysian Capital Market Grew 12.6% To RM3.2 Trillion With Strong Growth Across All Segments - Exceptionally Strong Year For Fund Raising With Close To RM147 Billion Raised

Date 15/03/2018

The Malaysian capital market grew 12.6% to RM3.2 trillion in 2017 with total capital raised amountingto RM146.6 billion, according to the Securities Commission Malaysia (SC) in conjunction with therelease of its annual report.

PwC Report Highlights Concerns Of Wealth Management CEOs Over Technology Expertise At Different Levels Of The Business

Date 15/03/2018

63 per cent of CEOs are worried about the lack of digital skills among senior leadership, according to a report by PwC. A further 67 per cent are troubled about a lack of digital skills throughout their businesses.

Moscow Exchange: The MICEX10 Index Revised

Date 15/03/2018

As from 16 March 2018, constituents of the MICEX 10 Index will remain unchanged following the conclusion of its regular quarterly review.

ACORD To Provide Delegated Authority Standards For Lloyd's New Partnership Provides Access To Straight-Through Processing Standards For Coverholders And MGAs

Date 15/03/2018

ACORD, the global standards-setting body for the insurance industry, today announced that Lloyd's coverholders are now eligible to access ACORD Delegated Authority Standards, information, training and other valuable resources. ACORD will continue to support London Market Target Operating Model (TOM).

Itiviti And ULLINK Complete Merger To Build A Global Technology Force In The Capital Markets Industry - Torben Munch Appointed CEO

Date 15/03/2018

The Board of Directors of Itiviti AB announces that the transaction to merge the company with ULLINK was completed on March 14, 2018.