News Centre

BIS Board Extends Term For Jerome H Powell As Chair Of Two Key Central Bank Groups

Date 08/11/2022

• Jerome H Powell, Chair of the Board of Governors of the Federal Reserve System, is to continue as Chair of the Global Economy Meeting (GEM) and the Economic Consultative Committee (ECC)
• Mr Powell's term will run until 31 January 2026
• The GEM and the ECC are among the principal meetings held at the BIS every two months

Fordefi Raises $18M Seed Round To Launch Institutional DeFi Wallet And Security Platform - Backed By Top Crypto Vcs And Built By Crypto Industry Veterans, Fordefi Has Launched The Industry's First Institutional MPC Wallet And Web3 Gateway For Crypto-Native Funds

Date 08/11/2022

Fordefi, a financial technology and software company, today announced an $18 million seed round and the public launch of its institutional MPC wallet built for transacting on decentralized applications (dApps). Led by Lightspeed Venture Partners, the investors of the firm's initial capital raise also include Electric Capital, Alameda Research, Jump Crypto, Castle Island, Pantera Capital, Illuminate Financial, PayPal Alumni Fund, Nima Capital, Digital Currency Group, Defiance Capital and StarkWare.

CFTC Swaps Report Update

Date 08/11/2022

The new Part 45 rules are going live December 5, 2022. See 17 C.F.R. Part 45.

INTERNATIONALE BERATUNGS GmbH: Suspected Violation Of The Prospectus Requirement Regarding The Public Offering Of “IB-Aktien”

Date 08/11/2022

BaFin has sufficient grounds to suspect that INTERNATIONALE BERATUNGS GmbH with registered office in Luxembourg, Luxemburg, is offering its securities to the public in Germany without the required prospectus.

Archax Closes $28.5m Series A Raise - Completes $28.5m Round In Preparation For Launch And To Scale

Date 08/11/2022

Archax, the FCA regulated digital asset exchange, brokerage and custodian based in London, has today announced closing its Series A raise of $28.5m. The round included abrdn, as lead strategic investor, alongside others, including Bitrock Capital, Blockchain Coinvestors, CE Innovation Capital, Keiretsu Capital, Lingfeng Capital, Mathrix AG, SGH Capital and The Tezos Foundation.

REGIS-TR And Nfq Announce Partnership

Date 08/11/2022

REGIS-TR adds Nfq to their partnership programme as it continues to expand with many of the leading brands in the European regulatory reporting space. The partnership will leverage Nfq’s versatile offering to support clients’ in reporting and monitoring all captured activity and keeping market participants informed of regulatory changes.

Publication Of Analytical Supplement To The Summary Of Public Consultations And Resumption Of Publication Of Historical Data For The WIRON Index By GPW Benchmark

Date 08/11/2022

• GPW Benchmark presents information on the performance of the WIRON index after thorough verification of transaction data of potential contributors in the determination of interest rate benchmarks
• The Administrator resumes publication of historical data for the WIRON index, the fixed terms indices: WIRON 1M, WIRON 3M, WIRON 6M, and the fixed base index WIRON
• The published index values represent the pre-production history of the indices and integrate all elements of the method adopted by the Administrator

Debby Planer Joins FIA Tech As Vice President, Head Of Connectivity

Date 08/11/2022

FIA Tech, the futures industry’s leading technology provider, today announced that Debby Planer has joined in the newly created role of Vice President, Head of Connectivity. Debby is based in New York and reports to Chief Technology Officer Yossi Leon.

Kroll's Launches Cyber Threat Landscape Report: Increase In Insider Threat

Date 08/11/2022

Kroll has today launched its latest Cyber Threat Landscape report, on the rising challenge of insider threat faced by businesses. The Q3 report found that insider threat, which Kroll’s team recorded at its highest level yet, accounted for nearly 35% of all unauthorized access threat incidents in Q3 2022. This could potentially be the result of wider external factors that may encourage insider threat, such as an increasingly fluid labor market and economic turbulence.

Bank Of England: Minutes Of The Meeting Of The Court Of Directors Held On 16 September 2022

Date 08/11/2022

The Bank's Court of Directors acts as a unitary board, setting the organisation's strategy and budget and taking key decisions on resourcing and appointments. Required to meet a minimum seven times per year, it has five executive members from the Bank and up to nine non-executive members.