News Centre

Temenos Expands Collaboration With Microsoft To Meet Growing Demand For The Temenos Banking Cloud - Temenos Working With Microsoft On SaaS And Green Cloud Initiatives In Financial Services Built On Microsoft Azure

Date 15/12/2021

Temenos (SIX: TEMN), the banking software company, announces it is expanding its strategic relationship with Microsoft to meet the growing demand from banks for SaaS and banking services delivered by The Temenos’ Banking Cloud.

Trading Platform cp-r.net: BaFin Investigates Capital Professionals Reserve

Date 15/12/2021

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that Capital Professionals Reserve, Saint Vincent and the Grenadines, has not been granted authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin.

EGX: The Establishment Of Companies’ Service Unit In GAFI

Date 15/12/2021

Counselor Mohamed Abdel Wahab, CEO of the General Authority for Investment and Free Zones (GAFI), issued a decision to establish “The Companies’ Service Unit” for listed companies on EGX under the supervision of the Head of Investment services at GAFI.  This decision is part of the package of measures issued by Egyptian prime minister in November 2021 to support the Egyptian Capital Market and improve its ecosystem.  These decisions aim to support the capabilities and competitiveness of the Egyptian Exchange, and help it develop and support Egypt’s economic and social development plans.

Japan Financial Services Agency: Administrative Actions Against Mizuho Bank, Ltd. And Mizuho Financial Group, Inc.

Date 15/12/2021

The Financial Services Agency issued business improvement orders as follows to Mizuho Bank, Ltd. (the "Bank"; 6010001008845) and Mizuho Financial Group, Inc. (the "Company"; 9010001081419) today.
   

Press Conference By SUZUKI Shunichi, Japan Minister Of Finance And Minister Of State For Financial Services - Mizuho Bank And Mizuho Financial Group

Date 15/12/2021

[Opening remarks:]

I explain the administrative actions against Mizuho Bank and Mizuho Financial Group. Mizuho Bank caused a total of eight system failures from February to September this year and exerted a significant impact on its individual and corporate customers. 

SET, Walk Free And FAST Provide Thai Businesses With Tools To Manage Modern Slavery Risks

Date 15/12/2021

The Stock Exchange of Thailand (SET) has partnered with Walk Free and Finance Against Slavery and Trafficking (FAST), two international organizations with business and human rights expertise, to produce a set of tools to manage human rights risks, specifically modern slavery and labor exploitation. The toolkit, which consists of the “Guidance on Modern Slavery Risks for Thai Businesses” and the online “Modern Slavery Benchmarking Tool”, will help Thai listed companies, business operators and interested members of the public to manage human rights risks across a range of business and industry sectors. Detecting, preventing and remediating human rights abuses in value chains is essential for modern businesses to win the trust of all stakeholders and build further confidence in the Thai business sector globally.

Press Conference By SUZUKI Shunichi, Japan Minister Of Finance And Minister Of State For Financial Services - Shinsei Bank And SBI Holdings

Date 15/12/2021

[Questions and answers:]

Q.

My question is about Shinsei Bank and SBI Holdings. Tomorrow, Shinsei Bank will hold an extraordinary meeting of shareholders, and the national government is supposed to present a certain stance concerning the bank's shares held by the Deposit Insurance Corporation of Japan and the Resolution and Collection Corporation. Please explain your thought on what stance the national government will take?

Trading Platform wardenvc.com: BaFin Investigates Mainserver Ltd

Date 15/12/2021

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that Mainserver Ltd, Marshall Islands, has not been granted authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin.

ISDA - The Swap - Episode 17: Pioneering Change In DEI

Date 14/12/2021

Promoting and maintaining diversity, equity and inclusion in the workplace is fast becoming a risk and compliance priority for financial institutions. Tuvia Borok, global head of policy and documentation at Goldman Sachs, talks to ISDA CEO Scott O’Malia.

Office Of The Comptroller Of The Currency Issues Final Rule To Rescind Its 2020 Community Reinvestment Act Rule

Date 14/12/2021

The Office of the Comptroller of the Currency (OCC) issued a final rule to rescind the June 2020 Community Reinvestment Act (CRA) rule and replace it with a rule based on the rules adopted jointly by the Federal banking agencies in 1995, as amended. This action is intended to facilitate the ongoing interagency work to modernize the CRA regulatory framework and promote consistency for all insured depository institutions.