News Centre

UK Financial Conduct Authority: Annual Percentage Rate Of Charge (APRC) Calculations

Date 01/06/2023

When offering customers a mortgage, lenders are required to disclose the associated costs of the contract. One measure used for this is the Annual Percentage Rate of Charge (APRC).

Elwood Secures Investment Business Licence, Strengthening The Firms Digital Asset OTC Capabilities

Date 01/06/2023

Elwood Capital Management Limited ("Elwood" or "the Company"), a leading OTC Desk providing institutional access to digital asset markets, has announced it has successfully obtained an Investment Business license by the Jersey Financial Services Commission (JFSC).

London Stock Exchange Group plc - Total Voting Rights

Date 01/06/2023

As at close of business on 31 May 2023, London Stock Exchange Group plc (LSEG) confirms that its share capital consists of a total of 558,326,794 ordinary shares made up of: (i) 500,925,780 ordinary shares of 6 ^79/86 pence each (excluding treasury shares); (ii) 51,124,377 limited-voting ordinary shares of 6 ^79/86 pence each, which carry one-tenth of a vote each; and (iii) 6,276,637 ordinary shares held in treasury. Therefore, the total number of voting rights in LSEG on 31 May 2023 is 506,038,218. The above figure of 506,038,218 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, LSEG under the FCA's Disclosure Guidance and Transparency Rules.

ACER Approves The Amendments To The Methodology For Calculating Scheduled Exchanges Resulting From Single Day-Ahead Coupling

Date 01/06/2023

On 30 May 2023, ACER approved the Transmission System Operators’ (TSOs’) proposal of 20 December 2022 to amend the methodology for calculating scheduled exchanges resulting from single day-ahead coupling (SDAC).

Monetary Authority Of Singapore Issues Prohibition Orders Against Six Individuals For Fraudulent And Dishonest Conduct

Date 01/06/2023

The Monetary Authority of Singapore (MAS) has issued five-year prohibition orders (POs) against Mr Chan Jun Yi, Ms Chanel Quah Hui Wen, Mr Lim Zhan Yi, Ms Sherlin Chia Hee Ping, Mr Tang Hong Kong Jackie, and Ms Yvonne Quah. This follows their convictions for tax evasion offences under section 96(1)(b) of the Income Tax Act.

Nasdaq Dubai Welcomes The Listing Of USD 500 Million Green Sukuk By Majid Al Futtaim.

Date 01/06/2023

Nasdaq Dubai welcomed the listing of USD 500 million green sukuk by Majid Al Futtaim (MAF), the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia.

Closure Of Bursa Malaysia In Conjunction With The Yang Di-Pertuan Agong’s Birthday

Date 01/06/2023

Bursa Malaysia Berhad and its subsidiaries will be closed on Monday, 5 June 2023, in conjunction with the birthday of His Majesty Seri Paduka Baginda Yang Di-Pertuan Agong Al-Sultan Abdullah Ri’ayatuddin Al-Mustafa Billah Shah Ibni Almarhum Sultan Haji Ahmad Shah Al-Musta’in Billah.

Boerse Stuttgart Records May Turnover Of Around EUR 7,2 Billion - Trading Volumes Increase Month-On-Month In All Asset Classes // Particularly High Growth In Bonds

Date 01/06/2023

Based on the order book statistics, Boerse Stuttgart generated turnover of around EUR 7,2 billion in May – around 22 percent more than in the previous month and almost as much as in the same month of the previous year

Do The Right Thing - Speech By Therese Chambers, Joint Executive Director Of Enforcement And Market Oversight At The UK Financial Conduct Authority, Delivered At The City & Financial FCA Investigations And Enforcement Summit

Date 01/06/2023

Highlights

• Doing the right thing as part of your day job is easy in financial services and far more rewarding in the long run
• The FCA praises Quilter – parent company of Lighthouse Advisory Services – for taking action to redress customer losses
• Creditors for Woodford Equity Income Fund should seriously consider the offer on the table – this is the quickest and best chance to obtain redress
• FCA took assertive action in a case involving racehorses as part of its supercharged commitment to fight crime and fraud

Charting A New Course Against FinCrime: BIS Innovation Hub And Lucinity’s Successful Conclusion Of Project Aurora

Date 01/06/2023

Lucinity, a world-leading AI Software-as-a-Service (SaaS) company, is proud to contribute to the successful conclusion of the BIS Innovation Hub Nordic Centre’s Project Aurora, a groundbreaking initiative aimed at reimagining the battle against money laundering.