News Centre

Court Of Appeal Grants Hong Kong Securities And Futures Commission $622 Million Compensation Orders Against Former Directors Of EganaGoldpfeil (Holdings) Ltd

Date 29/06/2021

The Securities and Futures Commission (SFC) has obtained compensation orders under the Securities and Futures Ordinance (SFO) from the Court of Appeal against three former directors of EganaGoldpfeil (Holdings) Ltd (EHL) following an appeal against the lower court’s decision.

CoolBitX Launches Sygna Gate, A Browser Gateway For The Comprehensive Compliance Of Crypto Licensing Requirements Simplified Front-End Solution Cuts Integration Required For VASPs To Meet FATF Travel Rule, Sanction Screening, Transaction Monitoring, And More

Date 29/06/2021

CoolBitX—the international blockchain security company, and creators of Sygna Bridge, the market-ready solution for Virtual Asset Service Providers (VASPs) to meet requirements of Financial Action Task Force (FATF) ‘Travel Rule’ guidance—has launched Sygna Gate, a non-technical and easy-to-use browser gateway to help VASPs comply with  regulatory requirements. Sygna Gate is designed to remove integration barriers for VASPs with limited technical resources, allowing them to meet regulatory requirements such as the FATF Travel Rule, blockchain analytics, sanction screening, and more with greater ease.

Private Equity Invests In Record 566 CEE Companies In 2020 - Second-Best Year For VC Investment And Private Equity Exits Across The Region

Date 29/06/2021

Private equity firms invested in a record 566 companies in Central and Eastern Europe in 2020, as the industry supported dynamic SMEs and start-ups that will fuel the recovery from the impact of COVID-19 and underpin long-term economic and social development across the region.

Kuwait’s Ahli United Bank Rings Nasdaq Dubai Bell To Celebrate Listing Of US$ 600 Million Sukuk

Date 29/06/2021

Abdullah AlLanqawi, General Manager and Treasurer of Ahli United Bank (AUB) Kuwait, one of Kuwait’s leading financial institutions, today rang the Nasdaq Dubai market opening bell to celebrate the listing of a US$ 600 million Sukuk issued by the bank.

Deutsche Börse Group Acquires Majority Stake In Crypto Finance AG, Extending Its Offering For Digital Assets

Date 29/06/2021

• Crypto Finance AG is an independent financial group under consolidated FINMA supervision, offering institutional and professional clients trading, storage, and investment in digital assets
• The acquisition is an important step on Deutsche Börse’s way to building a trusted and fully regulated digital asset ecosystem in Europe
• Crypto Finance’s founder Jan Brzezek and the current management team will continue to lead the company and retain significant personal holdings

BNP Paribas Asset Management Launches Low Carbon ETF With Global Exposure

Date 29/06/2021

BNP Paribas Asset Management (‘BNPP AM’) announces the launch of BNP Paribas Easy Low Carbon 300 World PAB UCITS ETF, a thematic listed index fund offering savers an investment solution to reduce the carbon footprint of their portfolio, aligned with the goals of the Paris agreement.

Global Research Shows Investors Believe Leveraged Trades Will Increasingly Impact Stock Prices - But Retail Investors Should Steer Clear, Professional Investors Warn: CloseCross

Date 29/06/2021

CloseCross, the blockchain-based derivatives trading platform, carried out a tailored research among professional investors around the world responsible for around $380 billion in assets under management found 90% believe leveraged trades will play a bigger role in stock pricing, and are warning retail traders to steer clear.

"Data And Technology For Climate Action" - Keynote Remarks By Mr Ravi Menon, Managing Director, Monetary Authority Of Singapore, At COP26 Investor Action On Climate Webinar Via Video Conference On 29 June 2021

Date 29/06/2021

Distinguished guests, ladies and gentlemen, good morning.

Why are we here?  Three reasons:

• First, climate change is the defining crisis of our time – it is already happening, the worst is yet to come, and there is much at stake globally for lives and livelihoods.
• Second, finance has a key role to play in supporting the world’s transition to a greener and more sustainable trajectory.
• Third, to enable green finance flows and address climate related risks, we need trusted, timely, and relevant data.

Tide Commits £100m Investment And Over 1,000 Jobs As Part Of India Market Entry - The UK-Based Business Financial Platform Looks To Contribute To The Indian Economy As A Key Ally In Its Growth Story - Tide Will Create 1,000 Jobs And Invest £100m In India Over The Next Five Years

Date 29/06/2021

Tide, the UK's leading business financial platform, has selected India as its first international market, with a fully-fledged launch early next year.

Bitcoin-Inspired Cyber Attacks Surge By Nearly 200% Since October 2020

Date 29/06/2021

Phishing impersonations and business email compromise attacks designed to steal victims’ bitcoin surged by 192% between October 2020 and May 2021, closely following the rising demand and increasing price of bitcoin over the last eight months [FIGURE 1], according to new analysis by Barracuda Networks, the trusted partner and leading provider for cloud-enabled security solutions, in their most recent Threat Spotlight research.