News Centre

UK Financial Conduct Authority: UK Chancellor's Mansion House Speech Statement

Date 10/07/2023

We welcome the Chancellor’s Mansion House speech and will work closely with the Treasury to support the proposals announced by the Chancellor.

NGX RegCO, ICAN Sign MoU To Enhance Market Regulation, Investor Protection

Date 10/07/2023

In its bid to further enhance the effectiveness of regulation and investor protection in the Nigerian capital market, NGX Regulation Limited (NGX RegCo) signed a Memorandum of Understanding (MoU) with the Institute of Chartered Accountants of Nigeria (ICAN) on Monday, 10 July 2023.

OSMOSUN Lists On Euronext Growth Paris

Date 10/07/2023

• €10 million raised

• Market capitalisation of €36 million

• 31st listing on Euronext in 2023

• OSMOSUN joins a pool of more than 150 cleantech listed on Euronext

Financial Institutions See Significant Drop in Account-to-Account Transfer Fraud After Roll Out of Real-Time Risk Scoring from Fiserv - New TransferNow® capabilities enable financial institutions to enhance end-to-end risk management while providing a better customer experience

Date 10/07/2023

Financial institutions are reducing fraud losses, improving internal processes and enhancing the customer experience with the implementation of two new capabilities from Fiserv, Inc. (NYSE: FI), a leading global provider of payments and financial services technology solutions. The addition of real-time risk scoring and an automated high limits service to the widely used TransferNow® solution from Fiserv has enabled financial institutions to significantly reduce fraud loss dollars and fraud loss rates while delivering a more personalized user experience.

ESMA: New Manual On Post-Trade Transparency Available

Date 10/07/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is today publishing its Manual on post-trade transparency. As a user-friendly tool for post-trade transparency and transparency calculations, this manual provides market participants and national competent authorities with guidance for how to apply the relevant MiFIR obligations in a consistent manner.

Inflows Of US$136m, But Seasonal Low Volumes Kick In - CoinShares

Date 10/07/2023

• Digital asset investment products saw US$136m of inflows last week bringing the last 3 consecutive weeks inflows to US$470m, fully correcting the prior 9 weeks of outflows
• Bitcoin remains the focus amongst investors, with inflows totalling US$133m last week, while short-bitcoin saw outflows of US$1.8m.
• Blockchain equities saw the largest inflows for a year, totalling US$15m.

BNP Paribas Asset Management Maintains Demanding Voting Policy During 2023 AGM Season With 37% Opposition Rate

Date 10/07/2023

BNP Paribas Asset Management (‘BNPP AM’) continued to implement its ambitious voting policy during the 2023 Annual General Meeting season, with an average opposition rate across all resolutions of 37%, up from 33% in 2022.  BNPP AM’s level of opposition has risen consistently in recent years, reflecting one of the strictest approaches in the industry and supported by a strategy of ongoing corporate dialogue throughout the year.

New Prospects For Money - Speech By Andrew Bailey, Governor, Bank Of England - Speech Given In London

Date 10/07/2023

Andrew Bailey describes the work the Bank is doing to explore innovation in money while satisfying two important foundations. The first is that wherever we hold our money, we can be confident of its value. The second is that when we use money to pay for something, we can be confident the payment will settle.

ACER: REMIT Breach: Hungarian Regulator Fines Prvo Plinarsko Društvo d.o.o. For Market Manipulation

Date 10/07/2023

The Hungarian Energy and Public Utility Regulatory Authority (MEKH) issued a decision on 2 June 2023, wherein it found that Prvo Plinarsko Društvo d.o.o. (PPD) has engaged in market manipulation on the natural gas market during one of the rolling monthly capacity auctions, breaching Article 5 of the EU Regulation on Wholesale Energy Market Integrity and Transparency (REMIT). MEKH has fined PPD HUF 500,000,000 (approximatively EUR 1.4 million).

B3 And Nasdaq Announce Partnership To Develop New Clearing Platform - Development Of A New System For The Brazilian Stock Exchange Is To Take Place In Phases And Is Part Of B3's Strategy To Provide The

Date 10/07/2023

B3 and Nasdaq (Nasdaq: NDAQ) have announced a partnership to develop a new clearing platform for the Brazilian stock exchange, responsible for the clearing, settlement, and management of counterparty risk associated with financial market transactions.