News Centre

AML Compliance Costing UK Financial Institutions A Massive £28.7bn Annually – The Equivalent Of Half Of Last Year’s Defence Budget Says LexisNexis® Risk Solutions

Date 21/06/2021

• Regulatory burden, rather than increasing criminal threat as a result of the pandemic, revealed as the primary cause of the high cost of compliance 
• UK Firms are responding to mounting AML pressure by increasing spend on teams rather than technology, with 70% of budgets committed to people power
• The total cost of AML to UK firms could reach over £30bn by 2023

Tehran Stock Exchange Bulletin - May 2021

Date 21/06/2021

Click here to download Tehran Stock Exchange's monthly bulletin.

Clearstream: Successful Trransactions Of Securities With Central Bank Digital Currency

Date 21/06/2021

• Banque Internationale à Luxembourg, LuxCSD and Seba Bank tested use of Central Bank Digital Currency (CBDC) for securities transactions
• Conducted by Banque de France, the delivery of securities in the European platform, TARGET2-Securities (T2S) against a payment in CBDC was successfully tested

Interview With Financial Times - Interview With Fabio Panetta, Member Of The Executive Board Of The ECB, Conducted By Martin Arnold On 14 June 2021

Date 21/06/2021

You are getting close now to a decision on whether to pursue further work on the digital euro. You recently completed your public consultation on this, in which the biggest concerns were about privacy. So how do you address people’s concerns about privacy and still do all the necessary checks to make sure that it’s not abused for money laundering, tax evasion, and all of those things?

Deutsche Bank And Fiserv Announce Joint Venture For Payment Acceptance In Germany

Date 21/06/2021

• Joint venture to enable delivery of unique merchant acquiring solutions in the German market
• Joint venture to combine Clover payment acceptance solution with Deutsche Bank’s integrated banking services
• Processing of payment acceptance for several thousand Deutsche Bank clients from the start

BNP Paribas Asset Management Launches Thematic Multi-Asset Fund To Invest In Global Trends

Date 21/06/2021

BNP Paribas Asset Management (‘BNPP AM’) announces the launch of BNP Paribas Multi-Asset Thematic, an innovative fund investing across BNPP AM’s range of thematic strategies.

CLSTrademonitor Gains Traction With Asset Management Clients - Increased Adoption Demonstrates Demand For An Integrated Solution That Supports Post-Trade Processes Across FX Transactions, As FX Volumes Remain Robust

Date 21/06/2021

CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, today announced that CLS’s post-trade monitoring and reporting tool, CLSTradeMonitor, has seen solid growth in adoption among asset management clients globally.

Origin Launches Instant-ISIN Feature With Clearstream As Universal Data Standard Airbrush Is Upgraded

Date 21/06/2021

• Origin in partnership with Clearstream launches instant-ISIN feature for Eurobonds (i.e. “XS” ISIN codes); the service will be rolled out across the issuer base over the course of the summer
• Open-source data standard Airbrush V2 adds new features; Clearstream and Paying Agents can now receive transaction data via Airbrush; digital listing at the Luxembourg Stock Exchange launched earlier this year is also compatible with Airbrush V2.
• Market-first, truly open-source term sheet template available for free use by all fixed-income market participants to foster standardisation of bond issuance

Shanghai International Energy Exchange Has Released Its Notice On The Approval Of Four Companies Including Qingdao Shihua Crude Oil Terminal Co., Ltd. To Renounce Their Qualification As Designated Delivery Storage Facility For INE Crude Oil And TSR 20 Futures

Date 21/06/2021

Shanghai International Energy Exchange has released its Notice on the Approval of Four Companies including Qingdao Shihua Crude Oil Terminal Co., Ltd. to Renounce Their Qualification as Designated Delivery Storage Facility for INE Crude Oil and TSR 20 Futures as follows:

BBVA Selects ALPIMA To Scale Up Quantitative Investment Solutions (QIS) Business

Date 21/06/2021

ALPIMA, the SaaS platform for investment management and product design has been chosen by BBVA for the scaling up of their Quantitative Investment Solutions (QIS) business.