News Centre

UK Financial Conduct Authority Proposing Changes To Streamline Decision-Making

Date 29/07/2021

The FCA is proposing changes to its decision-making process which will enable it to make faster and more effective decisions. This will help the FCA improve how it tackles firms and individuals who do not meet the required standards.

EBA Publishes Its Final Guidelines On The Monitoring Of The Threshold For Establishing An Intermediate EU Parent Undertaking

Date 29/07/2021

The European Banking Authority (EBA) published today its final Guidelines on the monitoring of the threshold and other procedural aspects on the establishment of intermediate EU parent undertakings (IPU) as laid down in the Capital Requirements Directive (CRD). The Guidelines specify how third country groups should calculate and monitor the total value of their assets in the Union in order to ensure timely application of the IPU requirement.The European Banking Authority (EBA) published today its final Guidelines on the monitoring of the threshold and other procedural aspects on the establishment of intermediate EU parent undertakings (IPU) as laid down in the Capital Requirements Directive (CRD). The Guidelines specify how third country groups should calculate and monitor the total value of their assets in the Union in order to ensure timely application of the IPU requirement.The European Banking Authority (EBA) published today its final Guidelines on the monitoring of the threshold and other procedural aspects on the establishment of intermediate EU parent undertakings (IPU) as laid down in the Capital Requirements Directive (CRD). The Guidelines specify how third country groups should calculate and monitor the total value of their assets in the Union in order to ensure timely application of the IPU requirement.The European Banking Authority (EBA) published today its final Guidelines on the monitoring of the threshold and other procedural aspects on the establishment of intermediate EU parent undertakings (IPU) as laid down in the Capital Requirements Directive (CRD). The Guidelines specify how third country groups should calculate and monitor the total value of their assets in the Union in order to ensure timely application of the IPU requirement.

Porter Airlines Partners With Worldline Offering WeChat Pay And PayPal

Date 29/07/2021

Worldline [Euronext: WLN], the European leader in the payments and transactional services industry and number 4 worldwide, today announced it has partnered with Porter Airlines to offer popular digital wallets, namely WeChat Pay and PayPal, for bookings through the airline’s website.

BCS Global Markets Appoints Inna Kryachko As HR Director

Date 29/07/2021

BCS Global Markets (“BCS GM”) – the investment banking services provider of Russia’s largest independent broker – has announced the appointment of Inna Kryachko as their new HR Director, based at BCS GM’s Moscow headquarters.

CCP12 Announces Sponsorship Of FMI Special Chair

Date 29/07/2021

Today CCP12 - The Global Association of Central Counterparties – announces the sponsorship of the Special Chair of Financial Market Infrastructures at Tilburg University in the Netherlands.

Bursa Malaysia And CGS-CIMB’s 2nd Shariah Investing Virtual Conference Solidifies Commitment To Enhance Sustainability Practices Into Islamic Finance

Date 29/07/2021

Bursa Malaysia Berhad (“Bursa Malaysia”) and CGS-CIMB Securities Sdn Bhd (“CGS-CIMB”) today successfully organised the Shariah Investing Virtual Conference 2021 (“SIVC 2021”). The event marks the second instalment of Bursa Malaysia and CGS-CIMB’s co-organised virtual conference since it was first introduced in June last year.

Shenzhen Stock Exchange Fully Supports Henan In Flood Control, Disaster Relief And Post-disaster Reconstruction

Date 29/07/2021

Unusually heavy rainfalls have recently hit Henan Province, causing severe flooding in a number of its cities including Zhengzhou and inflicting heavy casualties and property losses. After the disaster occurred, the CPC Central Committee and the State Council have attached great importance. General Secretary Xi Jinping immediately gave important instructions, requiring the government to always put the people’s life and property safety in the first place, quickly organize forces to control the flood and provide disaster relief, and do a good job in helping the people afflicted by the disaster and ensuring hygiene and disease control.

Silkbank Goes Live With Temenos Infinity To Supercharge Digital Banking In Pakistan

Date 29/07/2021

• Pakistan’s Silkbank reimagines digital banking for retail and business customers with AI-powered Temenos Infinity to accelerate adoption, build engagement and drive market growth
• Digital banking powered by Temenos Infinity will help Silkbank to attract and retain customers and drive customer growth

AIA Admits False And Misleading Representations To Customers In New Zealand Financial Markets Authority Fair-Dealing Proceedings

Date 29/07/2021

Life insurer AIA has admitted making false and/or misleading representations to customers in proceedings brought by the Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko. 

RGE And Bank Of Communications Jiangsu Branch Sign Agreement On First Foreign-Owned Carbon Asset Custody In China

Date 29/07/2021

Royal Golden Eagle (RGE) and Bank of Communications (BCM) Jiangsu Branch have entered into the Cooperation Agreement on Carbon Emission Trading Funds Custody in Nanjing.