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Financial Recovery Technologies Selected By BNY Mellon's Asset Servicing Business To Power Its Settled Class Actions Recovery Program - Integrates FRT's Industry-Leading Technology With BNY Mellon's Custodian Capabilities

Date 24/04/2023

Financial Recovery Technologies (FRT), the leading global securities class actions recovery provider, today announced it will power the North American class action filing and recovery service for BNY Mellon's custody clients, including broader access to comprehensive non-U.S. alerts for global markets. This expands upon the alliance that was announced in 2021. 

iFAST Global Bank ("iGB") Launches New Digital Personal Banking Platform Offering Multi-Currency Accounts With No Charges - New Platform Aims To Connect Global Customers With One Digital Banking Account

Date 24/04/2023

iFAST Global Bank ("iGB"), the UK-based digital bank division of wealth management Fintech platform iFAST Corporation Ltd. ("iFAST Corp"), one of Singapore's incepted and most successful wealth management companies, has today launched a Digital Personal Banking (DPB) platform, a fully compliant and truly cross-border digital bank, an integral within iFAST Corp's Fintech ecosystem.

Backbase Achieves CarbonNeutral Company Certification - CarbonNeutral Company Certification Is First Step In Broader Environmental Program

Date 24/04/2023

Backbase has been certified as carbon neutral according to The CarbonNeutral Protocol, the leading global framework for carbon neutrality. Working with Climate Impact Partners, specialists in carbon market solutions for climate action, Backbase has offset its independently verified 2022 carbon emissions of 7,029 tonnes CO2e. This figure was calculated by carbon accounting experts, Normative, and all credits adhere to standards approved by the International Carbon Reduction and Offset Accreditation (ICROA).

Delta Capita Announces New Distributed Ledger Technology Venture With Montis As Anchor Client

Date 24/04/2023

Delta Capita, a leading global Capital Markets consulting, services and technology provider, has today announced an agreement with Montis Group to become the anchor client for its new Distributed Ledger Services venture.

EEX/EEPX SPOT Assessment Of The EU Commission Proposals For Electricity Market Design Reform Go For An Evolution Not A Silent Revolution

Date 24/04/2023

The European Energy Exchange (EEX) and the European Power Exchange (EPEX SPOT), with long-standing track record in operating long- and short-term power markets, have evaluated the EU Commission’s proposals. See our key insights below.

HKEX: Stock Exchange Participants' Market Share Report

Date 24/04/2023

The market share and turnover data shown in the report above includes all Exchange Participants which had transactions during the period reported but excludes Southbound trading of Special Participants via Stock Connect.

Ethereum’s Shapella Brings Investor Inflows Of US$17m, Bitcoin Sees Profit Taking - CoinShares: Fund Flows

Date 24/04/2023

• Digital asset investment products saw outflows totalling US$30m last week, ending a 6 week run of inflows.
• The outflows began the prior Friday (14th April) when Bitcoin reached the very psychological level of US$30,000, suggesting the most recent sell-off was a result of profit-taking, particularly in the absence of any macro-economic triggers.
• Ethereum saw inflows totalling US$17m last week, suggesting there is increasing confidence amongst investors following the implementation of the Shapella.

UK Financial Conduct Authority Sets Out Recommendations For LDI Managers

Date 24/04/2023

The FCA has published a series of recommendations for asset managers designed to increase resilience of Liability Driven Investment (LDI) funds.

UK Financial Conduct Authority: Financial Watchdog Puts Banks On Alert In Fight Against Money Laundering Via The Post Office

Date 24/04/2023

A series of measures designed to reduce the risk of money laundering via the Post Office have today been set out by the FCA.  

"More Pathways For Young Talent In The Financial Sector" - Remarks By Mr Alvin Tan, Minister Of State, Ministry Of Trade And Industry And Ministry Of Culture, Community And Youth, And Board Member Of Monetary Authority Of Singapore, At The Growing Timber Series On 24 April 2023

Date 24/04/2023

Thank you Ngee Ann Polytechnic for hosting today’s Growing Timber series by MAS and the Institute of Banking and Finance (IBF). It is my third time here in Ngee Ann. I have been here every year since 2021. Thank you to Kok Kiang and Mei Fong for being great hosts.