News Centre

ACER’s Latest REMIT Quarterly Is Out

Date 31/07/2024

REMIT (Regulation on Wholesale Energy Market Integrity and Transparency) provides an EU framework for the transparency and integrity of energy markets and aims to deter market participants from manipulating the market. It plays an important role in protecting the interests of companies and consumers and ensuring trust in energy markets. The Regulation was revised this year to ensure it keeps pace with evolving market dynamics.

Nifty Passive Insights Quarterly Update

Date 31/07/2024

Click here to download the  'Nifty Passive Insights Quarterly Update - April to June 2024'.

Konsentus Verify Now Available On Temenos Exchange

Date 31/07/2024

Konsentus today announced that Konsentus Verify, Europe’s leading open banking identity and regulatory checking solution, is now available on Temenos Exchange, the partner ecosystem of integrated fintech solutions.

Bitvavo Adopts Nasdaq Market Surveillance To Enhance Integrity Of Its Digital Asset Exchange

Date 31/07/2024

• Bitvavo will use Nasdaq Market Surveillance to detect and investigate suspected market abuse
• Enhanced capability marks a major milestone in the development of the Bitvavo platform
• Supports early compliance with market surveillance requirements under the EU’s incoming Markets in Crypto Assets Regulation (MiCA)

Islamic Property Fintech Offa Appoints Three Senior Staff

Date 31/07/2024

Offa, the UK’s first Shari’ah-compliant bridge finance fintech, has announced the appointment of three new senior staff members – as the company continues to expand after the recent launch of its buy-to-let product.

Sterling Trading Tech Extends Business Development Resources - Vedant Gaur Joins To Secure Global Brokerages And Banks

Date 31/07/2024

Sterling Trading Tech (Sterling), a leading global provider of technology in order management, risk & margin, and trading, today announced that industry veteran Vedant Gaur will bring his expertise to further build the global bank and brokerage segments. As Sales Director at Sterling Vedant will focus on the proprietary OMS and Risk & Margin product offerings.

Monetary Authority Of Singapore Takes Enforcement Actions Against China Capital Impetus Asset Management, Its Executive Director And Former CEO For Breaches Of The Securities And Futures (Licensing And Conduct Of Business) Regulations

Date 31/07/2024

The Monetary Authority of Singapore (MAS) has reprimanded China Capital Impetus Asset Management Pte. Ltd. (CCIAM), a registered fund management company (RFMC), for breaches of the Securities and Futures (Licensing and Conduct of Business) Regulations (SFR). MAS has also issued a Prohibition Order (PO) against CCIAM’s Executive Director and former Chief Executive Officer (CEO), Mr Sun Quan, for failing to take reasonable steps to secure compliance by CCIAM with the SFR. In addition, MAS has declined CCIAM’s application to upgrade to a licensed fund management company (LFMC). 

ASIC Further Extends Transitional Relief For Foreign Financial Services Providers

Date 31/07/2024

ASIC is extending for a further 12 months the transitional relief for foreign financial services providers (FFSPs) from the requirement to hold an Australian financial services (AFS) licence when providing financial services to Australian wholesale clients.

SIFMA AMG Statement On FDIC Consideration Of Changes To Bank “Control” Rules

Date 30/07/2024

SIFMA’s Asset Management Group (SIFMA AMG) today issued the following statement from Lindsey Keljo, managing director and head of the AMG, related to the consideration of changes from the FDIC on asset managers regarding “control”:

CFTC Warns Customers To Watch For Follow-On Frauds

Date 30/07/2024

The Commodity Futures Trading Commission’s Office of Customer Education and Outreach (OCEO) today issued a customer advisory reminding the public that frauds may extend beyond one-time acts and that victims may be targeted multiple times—sometimes by the same criminal gangs.