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UK Financial Conduct Authority Launches Campaign To Highlight The Benefits Of Switching To Savers

Date 27/02/2024

Consumers will be encouraged to shop around for a better savings rate in a new campaign launched today by the City regulator, the Financial Conduct Authority (FCA).
nuam Exchange And Vermiculus Financial Technology Establish Partnership To Create Technological Core For Central Counterparty Clearing Houses In Chile, Colombia And Peru - Construction Of An Integrated Cloud-Native Clearing System For The Three Clearing Houses Have Begun, While Progress Is Being Made In Parallel To Create The Clearing House In Peru

Date 27/02/2024

nuam exchange, the entity resulting from the integration of the Lima, Santiago and Colombia stock exchanges, announced a partnership with Vermiculus Financial Technology, a technological solutions vendor for the financial industry, to implement a modern, flexible technological core for the Central Counterparty Clearing Houses (CCP) in Chile, Colombia and Peru.
Frank Seibold Joins Pirum To Accelerate Americas Growth - Pirum Appoints Frank Seibold As Head Of Commercial Development, Americas, To Accelerate The Expansion Of Its Business In The Region

Date 27/02/2024

Pirum Systems, a global leader in automated post-trade services, has appointed Frank Seibold as Head of Commercial Development, Americas. He joins the global fintech's New York office and will work alongside Matthew Lilien, Head of Sales North America, as the firm continues to scale its business in this important growth region.
Ignacio Corral Joins GCEX As UK Operations Continue To Grow

Date 27/02/2024

Ignacio Corral, former Senior Associate at the FCA, has joined GCEX (GCEX Group) as the digital prime brokerage’s dedicated UK Compliance Officer. His appointment reflects the growth of GCEX’s UK-based operations which are regulated by the FCA.
Europex: Gas Storage Neutrality Charges Fragment The European Internal Energy Market And Endanger Security Of Supply

Date 27/02/2024

After a “gas storage neutrality charge” was introduced at crossborder Interconnection Points (IPs) in Germany in October 2022, the idea is starting to gain momentum in other EU Member States. This is a perilous development and dangerous trend for European natural gas and the Internal Energy Market as a whole: it is already undoing and risks to further undo market integration, endangers security of supply and ultimately leads to higher energy prices for European consumers. Europex urges decisionmakers and regulators to end “neutrality charges” (NCs) as they fragment markets, go against the principle of energy solidarity and raise serious questions as to their compatibility with EU law.

Europex: Gas Storage Neutrality Charges Fragment The European Internal Energy Market And Endanger Security Of Supply

Date 27/02/2024

After a “gas storage neutrality charge” was introduced at crossborder Interconnection Points (IPs) in Germany in October 2022, the idea is starting to gain momentum in other EU Member States. This is a perilous development and dangerous trend for European natural gas and the Internal Energy Market as a whole: it is already undoing and risks to further undo market integration, endangers security of supply and ultimately leads to higher energy prices for European consumers. Europex urges decisionmakers and regulators to end “neutrality charges” (NCs) as they fragment markets, go against the principle of energy solidarity and raise serious questions as to their compatibility with EU law.
UK Financial Conduct Authority To Improve Pace And Transparency Around Enforcement Cases

Date 27/02/2024

The Financial Conduct Authority (FCA) has today committed to carrying out enforcement cases more quickly as the organisation seeks to increase the deterrent impact of its enforcement actions.
Noelle Al Jaweini Appointed Acting Head Of Derivatives, Saudi Exchange

Date 27/02/2024

Noelle Al Jaweini has taken on the role of acting Head of derivatives at the Saudi Exchange.
Sit Investment Associates Selects Rimes’ Investment Management Platform Matrix

Date 27/02/2024

Rimes is pleased to announce that Sit Investment Associates has selected its Matrix investment management platform as a crucial part of a firm-wide modernization program. With some $15 billion AUM in the U.S., Sit Investment Associates is one of the largest independent, family and minority-owned investment firms.
The EU AI Act - Comments From David Mirfield, VP Of Product Management, Provenir

Date 27/02/2024

The European Parliament has finalised a provisional agreement on groundbreaking artificial intelligence regulations paving the way for the world's first legislation on AI, pending a vote by the legislative assembly in April. Known as the AI Act, these new regulations aim to establish boundaries for a technology widely used across various industries, including banking, automotive, electronics, and aviation, as well as for security and law enforcement purposes.