News Centre

ESMA Updates Equity Transparency Calculations And Tick Sizes Band Assessment For MiFID II/ MiFIR

Date 30/01/2018

The European Securities Market Authority (ESMA) has updated today its transitional transparency calculations (TTC) for equityand tick sizes under the Markets in Financial Instruments Directive (MiFID II). 

EACH Welcomes European Parliament Work On CCP Recovery And Resolution To Make Markets Safer And More Efficient

Date 30/01/2018

This statement represents the views of the European Association of CCP Clearing Houses (EACH), which welcomes the progress made by the European Parliament’s Committee on Economic and Monetary Affairs (ECON) to strengthen the European Commission legislative proposal on CCP Recovery and Resolution.

Dubai Financial Market: Trading Of Gulf Navigation Holding Rights Issue Between 4 And 15 February 2018

Date 30/01/2018

Dubai Financial Market (DFM) today announced that the rights issue of “Gulf Navigation Holding” is due to be tradable on the exchange between Sunday, 4 February until 15 February 2018.  Trading of the rights issue enables existing shareholders of the company who do not wish to subscribe to the new shares, which the company plans to issue as part of its capital increase, to sell all or part of their rights to other investors who do wish to subscribe. The rights issue is a financial instrument representing the rights that are legally granted to the company's shareholders to have priority in subscribing for the company's capital increase shares that will be issued.

Global FinTech 4finance Deploys FICO AML And KYC Solution Across 10 Countries In Nine Months - Europe's Largest Online And Mobile Consumer Lender Wins FICO Decisions Award For Scale And Speed Of Compliance Program

Date 30/01/2018

Highlights:

• Fintech 4finance Group deployed FICO cloud solutions for anti-money laundering and know-your-customer compliance across 10 countries in nine months
• The compliance solutions are supported by less than one FTE per country, and have not impacted 4finance's promise to issue loans in 15 minutes
• 4finance Group has won a 2017 FICO Decisions Award for Regulatory Compliance
• 4finance Group is Europe's largest online and mobile consumer lender

Bank Of England: Gertjan Vlieghe Reappointed As An External Member Of The Monetary Policy Committee

Date 30/01/2018

The Chancellor, Philip Hammond, today announced that Dr Gertjan Vlieghe will be appointed for a second three-year term as an external member of the Monetary Policy Committee (MPC). His second term will start from 1st September 2018. 

RegTek.Solutions & Optimity Advisors Bring Regulatory Reporting Data To Life Through Analytics Partnership

Date 30/01/2018

RegTek.Solutions, today announced a partnership with Optimity Advisors, a global consulting firm, to bring data visualization and exception-based analytics to the regulatory reporting space. Pairing RegTek.Solutions’ actionable regulatory intelligence and proven compliance technology with a dynamic user experience developed by Optimity, clients can benefit from unprecedented levels of transparency and regulatory oversight.

EDHECinfra Reveals Industry Standard For Unlisted Infrastructure Benchmarks

Date 30/01/2018

Based on preferences expressed by major institutions in a new survey, EDHECinfra is releasing a taxonomy of global indices and sub-indices to structure the infrastructure asset class.

UK Financial Conduct Authority Urges Action On Interest-Only Mortgages

Date 30/01/2018

People with interest-only mortgages are being urged to contact their lender after the Financial Conduct Authority (FCA) found that many have still not talked to their lender about their repayment options.

AlixPartners Comments On Government Announcement Of £17m Fines For Cyber Breaches

Date 30/01/2018

AlixPartners comments on Government announcement of £17m fines for cyber breaches. Jon Rigby is Director of Cyber at AlixPartners, the global advisory firm.  He is a former Air Vice-Marshal whose last role was Director for Cyber, Intelligence and Information Integration at the MoD's Joint Forces Command

Dubai Financial Market: The Exchange Signs MoU With Dubai Economy To Implement The Initiative: DFM Brokers To Get Rating In An Initiative To Boost Capital Markets’ Service Excellence

Date 30/01/2018

• The Rating measures strengths and areas for improvement in various communication platforms between brokers and clients, ensuring companies’ achieving highest levels of efficiency and prompt customer service
• HE/ Essa Kazim: “The new initiative underlines DFM’s commitment to collaborate with its partners to embrace leadership’s vision and cope with expectations of market participants”
• Khalid Al Kassim: “Mystery Shopper programme of Dubai economy significant in benchmarking quality and excellence in Dubai”