News Centre

UK Financial Conduct Authority: Supporting Consumers In Challenging Times - Speech By Sheldon Mills, Executive Director, Consumers And Competition, Delivered At The Building Societies Annual Conference

Date 05/05/2022

Highlights

• Many consumers are feeling the impact of the cost of living crisis – the financial services industry has a role to play in helping consumers manage their personal finances.
• Firms that are diverse and inclusive will deliver better outcomes for consumers and markets – we expect to see greater diversity in terms of gender and ethnicity in the building societies sector.
• Open Banking will bring opportunities for building societies and their members, for example by enhancing members’ experience or improving greater data access – firms should unlock these benefits to consumers through innovation.
• Later life lending is growing – to serve older borrowers well, suitable advice and responsible lending are key.

METACO Partners With Brink’s To Strengthen Institutional Digital Asset Custody Capabilities - Partnership Enables Financial Institutions To Transport And Store Physical Key Backups Across Multiple High-Security Vaults

Date 05/05/2022

METACO, the leading provider of security-critical software and infrastructure to the digital asset ecosystem, has announced a partnership with Brink’s, the global leader in total cash management, route-based secure logistics and payment solutions. 

Dubai Financial Market: DEWA Joins DFM General Index

Date 05/05/2022

Dubai Financial Market announces the joining of DEWA to DFM general index and to utilities index sector, as of May 12, 2022.

Exchange Of Letters Between The Governor Of The Bank Of England And The UK Chancellor On The Asset Purchase Facility - May 2022

Date 05/05/2022

Exchange of letters between the Governor and the Chancellor

Intercontinental Exchange Reports Strong First Quarter 2022

Date 05/05/2022

• 1Q22 net revenues of $1.9 billion, +6% y/y
• 1Q22 GAAP diluted EPS of $1.16, +2% y/y
• 1Q22 adj. diluted EPS of $1.43, +7% y/y
• 1Q22 operating income of $992 million, +11% y/y; adjusted operating income of $1.2 billion, +8% y/y
• 1Q22 operating margin of 52%; adj. operating margin of 61%
• 1Q22 operating cash flow of $756 million; $689 million returned to stockholders through dividends and stock repurchases

Bank Of England: Bank Rate Increased To 1% - May 2022 - Monetary Policy Summary And Minutes Of The Monetary Policy Committee Meeting

Date 05/05/2022

Monetary Policy Summary, May 2022

The 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 4 May 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.25 percentage points, to 1%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.25%.

Eventus Wins Best In RegTech For Third Consecutive Year At 2022 Markets Media Markets Choice Awards

Date 05/05/2022

Eventus, a leading global provider of multi-asset class trade surveillance and market risk solutions, last night won the Markets Media Markets Choice Award for Best in RegTech for the third consecutive year. The award honors the firm that most helped capital markets firms comply with regulation.

Suade Collaborates With World Economic Forum On 'Regulatory Technology For The 21st Century' White Paper

Date 05/05/2022

The World Economic Forum's Global Future Council for Agile Governance has collaborated to produce a whitepaper called Regulatory Technology for the 21st Century. Suade, world leading RegTech provider and member of the World Economic Forum's Global Innovators community, is a long running member of the Global Future Council and contributed to this work. The whitepaper explores the application of new technology solutions to tackle regulatory governance, reporting, compliance, and risk management obligations.

Bank Of England: Asset Purchase Facility: Corporate Bond Purchase Scheme Sales Programme – Market Notice 5 May 2022

Date 05/05/2022

This Market Notice describes the Bank of England’s approach to planned sales of Corporate Bond Purchase Scheme assets. Further operational details will be announced in August ahead of the start of sales in September.

New Document From HANNUN About Its Listing On BME Growth

Date 05/05/2022

• It will become the third company to join this BME market in 2022