News Centre

Monetary Authority Of Singapore Penalises Vistra Trust $1.1 Million For Failures In Anti-Money Laundering Controls

Date 20/01/2022

The Monetary Authority of Singapore (MAS) has imposed a composition penalty of S$1.1 million on Vistra Trust (Singapore) Pte. Limited (VTSPL) for its failures to comply with MAS’ Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) requirements.  VTSPL is a trust company, licensed under the Trust Companies Act, whose business activities include the creation of trusts and provision of trustee services.

Selim Sari Appointed CEO Of GK Trade New York

Date 20/01/2022

Global Kapital Group (“GKG”), the global financial services conglomerate, is pleased to announce the recent appointment of Selim Sari as Chief Executive Officer for GK Trade New York LLC (“GK Trade New York”), its US based brokerage firm.

Belfius Reinforces Its Action For The Climate By Committing To Measure And Set Reduction Targets On Its Financed Emissions

Date 20/01/2022

On the 20^th of January, Belfius joined the Science Based Targets Initiative, committing to set emissions reduction targets aligned to the ambitions of the Paris Agreement– to limit global warming to well-below 2°C above pre-industrial levels and pursue efforts to limit warming to 1.5°C. Two months ago, Belfius also became a member of the Partnership for Carbon Accounting Financials, thereby joining forces with financial institutions worldwide to measure and disclose the greenhouse gas emissions it finances.

468 SPAC II SE Listed On The Frankfurt Stock Exchanges’ Regulated Market Since Today

Date 20/01/2022

As of today, 468 SPAC II SE (ISIN: LU2380748603) has been listed on the Regulated Market (General Standard) of the Frankfurt Stock Exchange. The company is a SPAC – a Special Purpose Acquisition Company. According to the issuer, its objective is to invest in a European company in the fields of consumer technology, software, and artificial intelligence within a specified period of time.

Spectrum Markets Enhances Connectivity Through SIA Network Infrastructure

Date 20/01/2022

• Spectrum Markets and SIA clients can use SIAnet solutions to access the venue’s trading infrastructure and market data
• Partnership with SIA further strengthens Spectrum Markets’ ecosystem of best-in-class technology and infrastructure providers

SGX Welcomes Vertex Technology Acquisition Corporation Ltd To Mainboard

Date 20/01/2022

Singapore Exchange (SGX) is pleased to welcome the listing of Vertex Technology Acquisition Corporation Ltd (VTAC), as part of SGX’s inaugural batch of Special Purpose Acquisition Company (SPAC) listings. VTAC will be listed on the SGX Mainboard under the stock code “VTA”.

Zonda Becomes First European Crypto Exchange To Receive Regulatory Approval In Canada

Date 20/01/2022

Zonda, one of the largest European-based digital currency exchanges with more than a million active users, is today announcing that it has become the first European cryptocurrency exchange to be granted regulatory approval to operate in Canada.

Hong Kong Securities And Futures Commission Reprimands And Fines Zhonghui International Futures Company Limited $5 Million For Regulatory Breaches

Date 20/01/2022

The Securities and Futures Commission (SFC) has reprimanded and fined Zhonghui International Futures Company Limited (ZIFC) $5 million for failures in complying with know-your-client, anti-money laundering and counter-terrorist financing (AML/CFT) and other regulatory requirements between May 2017 and July 2018.

Union Bank Of The Philippines Selects METACO And IBM To Orchestrate Its Digital Asset Custody Operations - "METACO Harmonize Provides Orchestration Layer For Managing Bank’s Digital Asset Operations"

Date 20/01/2022

METACO, the leading provider of security-critical software and infrastructure to the digital asset ecosystem, has announced that Union Bank of the Philippines (UnionBank) is implementing its digital asset management services. UnionBank is deploying services on IBM Cloud, in order to leverage the confidential computing capabilities of IBM’s digital asset infrastructure which are fully integrated with METACO’s digital asset orchestration system, METACO Harmonize.  

Worldline’s Digital Payments Expertise Selected To Bolster Kilo Health’s Expansion Plans - Addressing Kilo’s Specific Payment Needs In The Wellness Industry, One Of The World’s Most Dynamic Sectors

Date 20/01/2022

Worldline [Euronext: WLN], a global leader in the payments and transactional services industry, has been selected by digital health and wellness front-runner, Kilo Health, as its digital payments partner to support its international expansion strategy, specifically supporting recurring or subscription payments.