News Centre

Element22’s Pellustro® To Support EDM Council’s Cloud Data Management Capabilities

Date 28/09/2021

Element22 is proud to announce that its Pellustro® cloud-based assessment and benchmarking platform supports the EDM Council’s Cloud Data Management Capabilities (CDMC) framework.  The Pellustro® platform is optimized to assess risk, maturity, and compliance.

Bank Of England: Minutes Of The Post-Trade Task Force Meeting – September 2021

Date 28/09/2021

The Bank of England is an observer on the Post-Trade Task Force, an industry working group that aims to catalyse reform in post-trade.

Dan Berkovitz Named SEC General Counsel; John Coates To Leave SEC

Date 28/09/2021

The Securities and Exchange Commission today announced that Commodity Futures Trading Commission (CFTC) Commissioner Dan Berkovitz has been named SEC General Counsel, effective Nov. 1. John Coates will leave the agency in October and return to teaching at Harvard University. Michael Conley, currently the SEC's Solicitor, will serve as Acting General Counsel upon Coates's departure until Berkovitz joins the agency.

BIS: Multi-CBDC Prototype Shows Potential For Reducing Costs And Speeding Up Cross-Border Payments

Date 28/09/2021

• mBridge project builds on initial experimentations from the Hong Kong and Thailand central banks
• Platform can be an alternative to complexities and inefficiencies of the correspondent banking system
• Joining up national digital currencies in common interoperable platforms, offer central banks a technological clean slate

Testimony Of US Secretary Of The Treasury Janet L. Yellen Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate

Date 28/09/2021

Chairman Brown, Ranking Member Toomey, members of the committee: It’s a pleasure to testify today.

NTT Strengthens Alliance With Microsoft To Support Shift To Hybrid Working - Enriching Enterprise Telephony And Connectivity With Microsoft’s Operator Connect For Microsoft Teams

Date 28/09/2021

NTT Ltd., a global technology and business solutions provider, is today announcing the next phase of its strategic alliance with Microsoft, to deliver secure and reliable solutions that help enterprise customers accelerate digital transformation initiatives. NTT has been selected as one of the launch partners for Operator Connect for Microsoft Teams, which brings PSTN calling to Teams, providing integrated calling functionality that simplifies business communications.

EDM Council Launches Cloud Data Management Capabilities Framework To Ensure Trusted Best Practices For Accelerating Cloud

Date 28/09/2021

• CDMC is a comprehensive assessment and certification framework, encompassing business, operations, and technology best practices for cloud data management
• Groundbreaking new industry framework, collaboratively developed with over 100 industry-leading companies including AWS, Google Cloud, IBM Cloud, and Microsoft Azure     
• CDMC incorporates 14 Key Automated Controls for protecting sensitive data

In New Research, EDHEC-Risk Institute Finds That Accounting For Long-Term Care Risk Reduces The Optimal Demand For Annuities

Date 28/09/2021

A major crisis is threatening the sustainability of pension systems across the globe. With the need to supplement public and private retirement benefits via voluntary contributions, individuals are becoming increasingly responsible for their own retirement savings and investment decisions. This global trend poses substantial challenges to individuals, who often lack the expertise required to make such complex financial decisions.

greentrade24.net - BaFin Investigates GreenTrading24

Date 28/09/2021

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin wishes to clarify that GreenTrading24 has not been granted authorisation to conduct banking business or to provide financial services. The company is not subject to BaFin’s supervision.

Readout: US Secretary Of The Treasury Janet L. Yellen’s Meeting With European Commission Executive Vice President And Commissioner For Trade, Valdis Dombrovskis

Date 28/09/2021

Yesterday, U.S. Secretary of the Treasury Janet L. Yellen met with European Commission Executive Vice-President and Commissioner for Trade, Valdis Dombrovskis. Secretary Yellen emphasized the importance of advancing global tax reform efforts in the OECD/G20 discussions on international taxation and expressed that the Biden-Harris Administration is pleased with the progress the U.S. Congress is making to strengthen the U.S. international tax rules. Secretary Yellen expressed appreciation to Vice President Dombrovskis and the European Commission for their dedication to leveling the playing field to end the race to the bottom in global corporate taxation. Secretary Yellen also discussed macroeconomic developments, including U.S. policies to support a greener, more sustainable economy.