News Centre

Spectrum Markets: European Retail Investors Bearish On EUR Vs GBP Ahead Of Central Bank Announcements

Date 07/02/2023

Spectrum Markets (“Spectrum”), the pan-European trading venue for securitised derivatives, saw a sharp increase in bearish sentiment among retail investors towards the Euro compared to the British Pound, ahead of last week’s interest rate announcements from the Bank of England and European Central Bank.

SEBA Bank Appoints Amy Yu As APAC CEO To Drive Regional Growth Yu Brings Critical Industry And Local Expertise To Lead Expansion Across Key Markets

Date 07/02/2023

SEBA Bank, a leading crypto bank simplifying access to the crypto markets through a suite of fully regulated banking services in Switzerland, has appointed Amy Yu as Chief Executive Officer (CEO) of its APAC division. The appointment demonstrates SEBA group’s commitment to expand across the region and Yu will initially be located in Singapore. To cater for the group’s expansion plans in Asia Pacific, SEBA Bank also recently opened a Hong Kong office for its Hong Kong subsidiary 

ING And vc trade Join Forces To Digitise Lending Business

Date 07/02/2023

• ING spins out its tech solution Loan Optics successfully to vc trade
• Loan Optics is a pre-closing platform for the creation and management of digital loans and data with groundbreaking technology for negotiation the loan documentation 
• vc trade is strengthening its technology base and expands its value chain by integrating Loan Optics core functionalities

WeTransfer Partners With Blockchain Company Minima In A World First For Digital Content Creators

Date 07/02/2023

Minima, a revolutionary blockchain platform, today announced a unique collaboration with WeTransfer, the world's most trusted platform for sharing digital content.

Japan Financial Services Agency: International Conference On Sustainability Disclosure

Date 07/02/2023

Capital markets are giving more attention than ever to sustainability information vis-a-vis value creation of the entity. Responding to such needs, tremendous efforts have been made towards developing sustainability disclosure standards by various standard setters and jurisdictions around the world.

Hong Kong Securities And Futures Commission Reprimands And Fines Jinrui Futures (Hong Kong) Limited $4.8 Million And Sanctions Its Responsible Officers For Regulatory Breaches

Date 07/02/2023

The Securities and Futures Commission (SFC) has reprimanded and fined Jinrui Futures (Hong Kong) Limited (Jinrui Futures) $4.8 million for failures in complying with anti-money laundering and counter-terrorist financing (AML/CFT) and other regulatory requirements between April 2015 and June 2018.

Financial Markets Tribunal Upheld DFSA Decision That Dalma Capital Management Limited And Zachary Cefaratti Misled The Dubai Financial Services Authority

Date 07/02/2023

The Financial Markets Tribunal (FMT), in a majority Decision, has largely upheld enforcement action taken by the Dubai Financial Services Authority (DFSA) against an Authorised Firm Dalma Capital Management Ltd (Dalma) and its Senior Executive Officer (SEO) Mr Zachary Cefaratti for misleading the DFSA and failing to conduct Dalma’s business activities with due skill, care and diligence.  Each was fined USD 162,500, an amount reduced from the fines proposed by the DFSA of USD 170,000 for Dalma and USD 300,000 for Mr Cefaratti. Mr Cefaratti will also be restricted from acting as SEO of Dalma for a period of two years.

SET Market Report For January 2023

Date 07/02/2023

The International Monetary Fund (IMF) forecast that the global economy in 2023 will grow at a slower pace than 3.4 percent in 2022 but it becomes more optimistic as seen by an upward revision of this year’s economic growth forecast to 2.9 percent from 2.7 percent projected in October last year. The brighter outlook eases investor concerns about the deep recession ahead as the taming inflation could encourage central banks to loosen monetary policy earlier than expected.

Worldline Announces Successful ATM Fleet Implementation For Groupement Les Mousquetaires

Date 07/02/2023

In cooperation with its partner AVEM, Worldline (Euronext: WLN), a global leader in payments services, successfully implemented an updated ATM fleet roll-out for Groupe Les Mousquetaires (GLM), a key European player in the mass distribution market. GLM now benefits from bolstered operational flexibility, with Worldline’s modular ATM management solutions designed to reduce risks and improve profitability. This milestone reinforces Worldline’s key position within the French ATM market.

Governing The Market Based On The Rule Of Law, And Improving Quality Through Regulation - Shenzhen Stock Exchange Disciplinary Actions In 2022

Date 07/02/2023

In strict accordance with the decisions and plans of the CPC Central Committee and the State Council on cracking down on illegal securities activities with the full rigour of the law in 2022. We conscientiously put into place the principles of “system building, non-intervention, and zero tolerance” and the urges to revere the market, revere the rule of law, hold high professionalism, stay alert to risks, and obtain support from various parties, while adhering to law-based governance and regulation of the market. With the remediation task assigned by the central inspection team in mind, and for the purposes of promoting high-quality development of listed companies, guarding the access to issuance and listing and forestalling risks in key areas, we earnestly performed our duties as a frontline regulator, and took solid actions in implementing disciplinary measures. We imposed punishment on violations of laws and regulations on the SZSE market according to law and held market entities strictly liable. Those actions effectively maintained the market order and protected investors’ legitimate rights and interests, further promoting the high-quality development of the capital market.