News Centre

City View: An Abolition Too Far: Lack Of A UK Central Register To Check Who Is An Authorised Adviser Is Causing Consumers Concern

Date 31/03/2016

On 7 March 2016, a major part of the repercussions arising from the LIBOR scandal of 2012 arrived in the form of the new Senior Managers and Certification Regime (SMCR). This replaced the now discredited Approved Persons Regime by ensuring that never again would it be possible for individuals to adopt the ‘it wasn’t me, it was him’ defence which ensured that everyone was to blame, but no-one was accountable.

The Year Ahead: UK Payment Systems Regulator Publishes Annual Plan

Date 31/03/2016

Following its first 12 months in operation, the Payment Systems Regulator (PSR) has today published its Annual Plan which outlines the regulator’s key work and objectives for the year ahead.

Euronext Appoints Maria João Borges Carioca Rodrigues As CEO Of Euronext Lisbon - Maria João Carioca Rodrigues Will Join Euronext During The Second Quarter Of 2016

Date 31/03/2016

Euronext announces that the Supervisory Board has approved unanimously the appointment of Maria João Borges Carioca Rodrigues as CEO of Euronext Lisbon, CEO of Interbolsa and member of the Managing Board of Euronext N.V., pending all relevant shareholder and regulatory approvals.

2016 Blockchain Symposium: Opening Remarks By Michael Bodson, DTCC President And CEO

Date 31/03/2016

On March 29, 2016, DTCC President and CEO Michael Bodson spoke at the opening of the 2016 DTCC Blockchain Symposium held in New York City.

Oracle And Lombard Risk Announce A Global Regulatory Reporting Solution

Date 31/03/2016

Lombard Risk Management and Oracle Financial Services have collaborated to deliver a global regulatory reporting solution.

ESMA Fines DTCC Derivatives Repository Limited €64,000 For Data Access Failures

Date 31/03/2016

The European Securities and Markets Authority (ESMA) has fined the trade repository DTCC Derivatives Repository Limited (DDRL) €64,000, and issued a public notice, for negligently failing to put in placesystems capable of providing regulators with direct and immediate access to derivatives trading data. This is a key requirement under the European Markets and Infrastructure Regulation (EMIR) in order to improve transparency and facilitate the monitoring of systemic risks in derivatives markets.

Itiviti Launches Itiviti Analyst For MAR compliance Covering All Asset Classes

Date 31/03/2016

• Itiviti Analyst MAR, a solution targeting MAR compliance for all asset classes, with easy, non-intrusive implementation.  
• Caters to future MiFID II compliance by seamlessly adding functional modules (Best Execution, market making compliance etc.).
• A fully managed service eliminating the need for significant investments.

FlexTrade Expands Sales Presence In APAC Region - Tim Wong, Maroof Khan and Dan Enstedt Join as Vice Presidents of Business Development - Will Cover North Asia, South East Asia and Australia/New Zealand, Respectively

Date 31/03/2016

FlexTrade Systems, a global leader in multi-asset execution and order management systems, today announced the appointments of Tim Wong, Maroof Khan, and Dan Enstedt as Vice Presidents of Business Development, Multi-Asset Sales, for the company’s APAC region. 

Meeting Of The Financial Stability Board In Tokyo On 30-31 March

Date 31/03/2016

The Financial Stability Board (FSB) met in Tokyo to take forward its 2016 priorities, including the work it will deliver to the G20 Leaders at their Summit in Hangzhou in September. A key deliverable agreed at this meeting was elements of a public consultation to take place in mid-2016 on policy recommendations to address structural vulnerabilities from asset management activities.

Cyprus Successfully Exits ESM Programme

Date 31/03/2016

Cyprus successfully concludes its three-year ESM financial assistance programme today. The ESM disbursed €6.3 billion, in addition to around €1 billion in loans from the IMF, out of a loan package of up to €10 billion. The Cypriot authorities did not need the remaining €2.7 billion.