News Centre

SWIFT Identifies New Ways For Banks To Simplify Payment Routing Data - New Paper Outlines Opportunities To Rationalise Bics And Centralise The Internal Routing Of Payments

Date 28/09/2016

SWIFT today announces the publication of a new paper discussing opportunities for banks to streamline their internal routing practices. The paper highlights how some banks used the transition to SEPA as an opportune moment to simplify their internal routing practices – and how upcoming initiatives may present similar opportunities.

Dubai Financial Market: Market Holiday - Hijri New Year 1438

Date 28/09/2016

On the occasion of Hijri New Year 1438, DFM will be closed on Sunday 02/10/2016 & work shall resume on Monday 03/10/2016.

UK’s Financial Conduct Authority Proposes New Measures To Maintain Firms’ Focus On Culture

Date 28/09/2016

The Financial Conduct Authority (FCA) will mark six months since the implementation of the Senior Managers’ and Certification Regime by providing feedback on implementation so far and proposing measures to further strengthen the regime. The proposed rules will reinforce the importance of individual accountability at the most senior level of organisations.

London Metal Exchange To Implement Charge-Capping As Final Part Of Warehouse Reforms Package

Date 28/09/2016

The London Metal Exchange (LME) today announces its intention to introduce caps on maximum rates charged by LME-registered warehouses following a market-wide consultation. This is the final part of the three-year-long warehouse reform programme designed to enhance the LME’s warehouse network and to ensure that it fully serves the requirements of the global metals market.

Securities Commission Malaysia Reprimands And Fines Executive Directors For Causing Wrongful Loss

Date 28/09/2016

Securities Commission Malaysia (SC) has reprimanded and imposed penalties on two executive directors of Dufu Technology Corporation Bhd (Dufu) for causing wrongful loss to the company.

UK's Financial Conduct Authority Approves New CISI Level 4 Financial Planning & Advice Exam Confirming Pathway To Global CFP Certification

Date 28/09/2016

The FCA this week has approved the new CISI level 4 Financial Planning & Advice exam, confirming it meets the needs of employees advising on retail investment products and friendly society tax-exempt policies (FCA activities 4 and 6) when taken as part of the CISI’s Investment Advice Diploma (IAD).

Startupbootcamp Launches FinTech Accelerator Program In India As Part Of Emerging Markets Expansion

Date 28/09/2016

• ICICI Bank, ICICI Lombard, RBL Bank, AZB & Partners and PwC join as founding institutions in program’s expansion to India market, following success in London, New York and Singapore 

EBS Brokertec Launches EBS Live Ultra - The New Service Is The Company’s Fastest FX Data Product To Date - Real Time Data Will Improve Market Transparency And Liquidly And Reduce Reliance On Practices Such As Last Look

Date 28/09/2016

EBS BrokerTec, ICAP's market-leading electronic foreign exchange (FX) and fixed income business, announces today that it has gone live with EBS Live Ultra, its fastest FX data product to date. EBS Live Ultra has two data interval rates: 100 milliseconds, the same as the current EBS Live service but with lower latency, and a 20 milliseconds service, five times faster than the EBS Live data product.

Kite Consulting Group Launches Blocktribe To Source Dedicated Blockchain Recruitment Roles

Date 28/09/2016

Kite Consulting Group, providing financial recruitment hires throughout Europe, today announced the launch of Blocktribe, a specialist site designed to list the best blockchain-related jobs around the globe. Blocktribe is a central go-to source of jobs in this area, and the first of its kind for blockchain in Europe. With over one hundred blockchain roles already advertised, the launch of www.blocktribe.com builds on Kite’s award of Best Banking/Financial Services Recruitment Agency at the 2016 Recruiter Awards, by creating a central place for businesses to find talent in this rapidly growing job market.

Westpac MNI China Consumer Sentiment Indicator Bounces Back In September - Employment Outlook Improves Amid Better Expectations For Personal Finances

Date 28/09/2016

Consumer confidence in China regained some ground in September, buoyed by an improvement in consumers’ expectations about their future personal finances.