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Bank Of England: Bank Rate Increased To 1.25% - June 2022 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 16/06/2022

Monetary Policy Summary, June 2022

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target, and in a way that helps to sustain growth and employment. At its meeting ending on 15 June 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.25 percentage points, to 1.25%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.5%.

ADX And Al Maryah Community Bank Sign Agreement To Facilitate IPO Subscriptions

Date 16/06/2022

Abu Dhabi Securities Exchange and Al Maryah Community Bank (MBank), the UAE’s first digital bank, signed an agreement today to facilitate IPO subscriptions and streamline the process for obtaining a National Investor Number (NIN).

Securities Commission Malaysia Charges Former Investment Banker For Deceiving Investors

Date 16/06/2022

The Securities Commission Malaysia (SC) today charged a former investment banker, Charles Chua Yi Fuan for deceiving four investors who suffered losses amounting to RM76,000 between February 2018 to April 2018. 

Likvidi Launches Digital Forest Carbon Registry, Powered By Albo Climate’s Satellite-Powered Verification Technology - Likvidi Announces The Launch Of Veriforest, A New Voluntary Carbon Registry For Forest-Based Projects, Powered By Albo Climate’s Satellite-Powered Technology

Date 16/06/2022

Likvidi, a sustainable finance company, has made a strategic investment in and partnered with Albo Climate, to create Veriforest, a new registry for forest-based projects which will enable small and medium sized projects to participate in the voluntary carbon markets. By combining blockchain with Albo’s satellite and AI capabilities, Veriforest can accurately monitor the carbon sequestration/production of forestland which will make carbon credits more tangible than ever before.

Grethe Brown Promoted To CEO Of Push Technology - Push Strengthens C-Level Team As Global Demand For Event Stream Processing Accelerates

Date 16/06/2022

Push Technology, the pioneer and leader in real-time data streaming and messaging solutions, today announced that Grethe Brown has been promoted to CEO.  Earlier in year, Grethe joined the company as COO.

Kaiko Reaches Agreement With CoinShares For The Acquisition Of Napoleon Index, And Launches Kaiko Indices

Date 16/06/2022

Kaiko, the leading cryptocurrency market data provider for institutional investors and enterprises, is pleased to announce a closed agreement to purchase Napoleon Index from CoinShares, Europe’s largest and longest standing digital asset investment firm.

The RoboMarkets Group Starts RM Investment Bank For Asian Clients

Date 16/06/2022

The RoboMarkets Group has started a bank for Asian clients with headquarters in the Financial Park Complex in Labuan.

Ortec Finance Announces Partnership With ESG Book To Accelerate Investor Access To Sustainability Data And Insights - Ortec Finance's Collaboration With ESG Book Will Provide Clients With A One-Stop Shop For Sustainability Analysis.

Date 16/06/2022

• ESG Book, formerly Arabesque S-Ray, combines cutting-edge technology and research to make sustainability data more widely accessible across financial markets.
• Investors will gain access to ESG Book's suite of metrics and data on corporate emissions, green revenues, and regulatory solutions.
• Launching later in 2022, Ortec Finance is developing an on-demand Implied Temperature Rise (ITR) analytics platform for Climate ALIGN, powered by ESG Book's market-leading climate data. The platform will allow clients to access ITR scores across multiple asset classes including public equities, credit, private markets and sovereign debt.

Plenitude Launches ClientSight, Financial Crime Client Risk Rating Solution - Following The Initial Deployment Of ClientSight To HLB, A Global Network Of Independent Advisory And Accounting Firms

Date 16/06/2022

Plenitude, the Financial Crime, Risk and Compliance specialists today launched Plenitude ClientSight, a comprehensive, cloud-based Client Risk Rating (CRR) solution.

Hong Kong Securities And Futures Commission Reprimands And fines China Everbright Securities (HK) Limited $3.8 Million For Breaches Of Anti-Money Laundering Regulatory Requirements

Date 16/06/2022

The Securities and Futures Commission (SFC) has reprimanded and fined China Everbright Securities (HK) Limited (CESL) $3.8 million for failures in complying with anti-money laundering and counter-terrorist financing (AML/CFT) regulatory requirements (Note 1).