News Centre

Exchange Data International And Finalto Partner To Face The Demand In Multi-Asset Trading

Date 20/07/2022

Exchange Data International (EDI), a leading provider of global security corporate actions, pricing, and reference data services, and Finalto have teamed up to allow EDI’s clients to better access Finalto’s innovative multi-asset trading service.

Fund Recs Joins REGIS-TR’s Partnership Programme

Date 20/07/2022

REGIS-TR has added Fund Recs to their Partnership Programme. Through this partnership, Fund Recs will have direct access to the REGIS-TR trade repository to automatically retrieve trade data on behalf of their clients. This partnership will greatly simplify and streamline the reconciliation process for Fund Recs’ clients.

Forensic Risk Alliance Chooses DIFC For Middle East Head Office To Grow Forensics And Advisory Market

Date 20/07/2022

• Forensic Risk Alliance (FRA) has set up an office in Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, 
• From DIFC, FRA will support the growing forensics and advisory market while bolstering the firm’s existing engagements in the Middle East and Africa (MEA) region
• FRA will combine deep forensic accounting, data governance and investigative expertise with cutting-edge yet responsible data collection technology to help clients navigate investigations, litigation, and compliance challenges
• DIFC is home to many of the firm’s existing and prospective clients

Sage And Microsoft Expand Partnership To Simplify Workflows For Small And Medium Businesses - Integrating Sage With Microsoft Business Products Will Help Companies Save Time And Boost Productivity

Date 20/07/2022

Today, Sage, the leader in accounting, financial, HR and payroll technology for small and medium-sized businesses (SMBs), has announced an expanded partnership with Microsoft. The news includes plans to integrate Microsoft Business Products, including Microsoft 365 and Microsoft Teams, as embedded services in Sage products and the Sage Digital Network. 

Hong Kong Securities And Futures Commission Reprimands And Fines RBC Investment Services (Asia) Limited $7.7 Million For Mishandling Client Assets

Date 20/07/2022

The Securities and Futures Commission (SFC) has reprimanded RBC Investment Services (Asia) Limited (RBC) and fined it $7.7 million for regulatory breaches relating to mishandling of client assets .

Asia-Pacific Deal Activity Up By 9.6% YoY In H1 2022, Finds GlobalData

Date 20/07/2022

A total of 8,747 deals (mergers & acquisitions [M&A], private equity, and venture financing deals) were announced in the Asia-Pacific (APAC) region during the first half (H1) of 2022, which is an increase of 9.6% over the 7,980 deals announced during the H1 2021, according to GlobalData, a leading data and analytics company.

New Zealand Financial Markets Authority Opens Consultation On Standard Conditions For Financial Institution Licences

Date 20/07/2022

The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko has released a consultation paper on proposed standard conditions for licences granted under the Financial Markets (Conduct of Institutions) Amendment Act 2022 (CoFI).

Dissenting Statement of Commissioner Summer K. Mersinger Regarding Enforcement Action Against Powerline Petroleum, LLC

Date 19/07/2022

I respectfully dissent from the Commission’s enforcement action charging, and settling with, Powerline Petroleum, LLC (“Powerline”) and its current principals, Darren Dohme and Adam Wright.  As a matter of law, I do not believe that all the charges are backed by the facts.  I also believe that some aspects of the settlement are inconsistent with the Commission’s prior treatment of similar cases and fundamentally unfair.

CFTC Orders Powerline Petroleum, LLC To Pay $875,000 For Fraud, False Statements To CME, And Failure To Register As A Commodity Trading Advisor - Co-Founder And Owners Also Charged

Date 19/07/2022

The Commodity Futures Trading Commission today issued an order filing and simultaneously settling charges against Powerline Petroleum, LLC (Powerline), its co-founder and owner, Darren Dohme, and other owner, Adam Wright, for misleading clients regarding the nature of Powerline’s role, and financial interest in the clients’ transactions, and for making false statements to the Chicago Mercantile Exchange (CME), a board of trade and designated contract market. Powerline and Dohme are also charged with failing to register Powerline as a Commodity Trading Advisor (CTA) and for failure to make required disclosures.

Coinbase Announces Date Of Second Quarter 2022 Financial Results

Date 19/07/2022

Coinbase Global, Inc. (the “Company” or “Coinbase”) announced today that it will publish its second quarter 2022 shareholder letter, including financial results, on its Investor Relations website at investor.coinbase.com on Tuesday, August 9, 2022, after market close. The Company will hold a question and answer session to discuss its financial results at 2:30 p.m. PT that same day.