News Centre

ESMA Consults On Transparency Requirements For Derivatives Under MiFIR Review

Date 03/04/2025

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is asking for input on proposals for Regulatory Technical Standards (RTS) on transparency requirements for derivatives, amendments to RTS on package orders, and RTS on input/output data for the over-the-counter (OTC) derivatives consolidated tape. 

Caution Against Imposters/Scammers Impersonating As ADX Officials Or Purporting To Be From ADX

Date 03/04/2025

Abu Dhabi Securities Exchange (“ADX”) alerts the public and its stakeholders to remain vigilant against fraud and scam attempts. These include fraudsters potentially posing as ADX officials, representatives of ADX’s management team, and/or as ADX-associated entities via email, website or social media channels, telephone calls etc, to perpetrate a fraud on unsuspecting members of the public or our stakeholders.

LCH Launches Malaysian Ringgit Non-Deliverable Swaps

Date 03/04/2025

LSEG today announces that LCH SwapClear has cleared its inaugural Malaysian Ringgit-denominated non-deliverable interest rate swaps (MYR NDIRS). Launched in response to growing demand among clearing members and clients in the Asia-Pacific region, the milestone is underscored by the early adoption from leading Malaysian and global banks. CIMB and Maybank were among the first institutions to clear MYR NDIRS as clients, with HSBC serving as one of the clearing brokers.

Snowball Survey Reveals Strong Climate Commitments, But Concrete Action On DEI Lags - Snowball's Findings Reveal That More Substantial Efforts Are Required To Transform Diversity Ambitions Into Tangible Change, Urging Fund Managers To Take A Leadership Role In Driving DEI Initiatives As Political Will Falters

Date 03/04/2025

Snowball, a top scoring B-Corporation impact investment platform, has released its inaugural engagement survey. The results highlight the need for fund managers to focus on measurable outcomes, not just box-checking exercises when it comes to diversity, equity & inclusion (DEI) – an issue that persists even at the quality end of the impact investment sector.

Climate Bonds Launches Groundbreaking Criteria For Alternative Proteins Sector

Date 03/04/2025

The Climate Bonds Initiative announces today the launch of its Alternative Proteins Criteria, setting a new benchmark in sustainable finance. This framework provides investors, industry, and policymakers with a science-backed tool to drive meaningful transformation in the food sector.

Duco Launches Reconciliation Maturity Model: The Best Practice Automation Guide For Financial Reconciliation In 2025 And Beyond - Maturity Model Provides A Framework For Financial Firms To Benchmark Their Reconciliation Function And Actionable Steps To Improve Efficiency And Agility While Cutting Cost

Date 03/04/2025

Duco, the leading platform for enterprise data automation, has today launched its updated Reconciliation Maturity Model: the best practice guide to enable financial firms to benchmark their reconciliation function. Following the maturity model, an institution with 1000 controls can hope to save up to $37.9m annually by moving from purely manual processes to a continuously improving model powered by AI.

big xyt Announces Formal Bid For European Consolidated Tape Provider With Widespread Industry Support

Date 03/04/2025

big xyt, a leading independent provider of high-quality European trade data and analytics, today announced its formal intent to become the official provider of the EU Consolidated Tape (CT) for equities and ETFs. The company's official entry into the bidding process follows overwhelming support from across the financial industry and addresses growing concerns about limited competition in the selection process.

Investments In AI And Digital Asset Surge - While Data And Legacy Tech Challenges Persist, Broadridge Digital Transformation Study Finds

Date 03/04/2025

• Data harmonization is key when it comes to implementing AI and digital assets with 80% of firms making moderate-to-large investments in AI this year; 50% of executives believe there will be a significant adoption of digital assets and ledger technology within the capital markets over the next several years.
• While 58% of financial services technology and operations executives agree a clear data strategy leads to the maximum rate of return on technology investments, 40% admit to having data quality issues.
• Almost half (41%) of executives feel their technology strategy is not moving fast enough at its current trajectory and 46% feel legacy tech is hurting resiliency.
• Overall, firms expect to allocate 29% of their total IT spend to technology innovation over the next two years, an increase of seven percentage points from last year’s study.

BNP Paribas Asset Management Weekly Market Update – Tariff Reaction

Date 03/04/2025

• Tariffs are worse than investors expected, focus moves to the possibility of negotiations
• Tariff impact – exporters to the US face margin pressure as equities face declines
• Expectations of significant European infrastructure and defence spending feeds into outlook of broadening market allocations
• Looking beyond headlines, macroeconomic picture remains resilient

Quantoz Brings European Regulated Stablecoins EURQ And USDQ To Algorand

Date 03/04/2025

• With the introduction of MiCA in the European Union (EU), fintechs like Quantoz Payments are issuing highly innovative, secure and regulated stablecoins
• Since their issuance in November 2024, USDQ and EURQ have already achieved listings on over 12 exchanges, reaching a cumulative trading volume of more than $50 million
• Algorand is the first non-EVM blockchain to host Quantoz’s regulated stablecoins, with trading pairs available on Folks Finance