News Centre

UK Financial Conduct Authority Makes Key Sustainability And Technology Hires

Date 19/04/2021

The FCA has appointed Sacha Sadan as Director of Environment Social and Governance.

Tether Live On Hermez Network Layer 2 Solution Cutting Fees, Congestion On Ethereum

Date 19/04/2021

Tether Operations Limited (“Tether”), the company operating the blockchain-enabled platform tether.to that powers the largest stablecoin by market capitalization, has today announced that Tether tokens (USDt) are live on Hermez Network, a decentralised zero-knowledge rollup (zk-rollup).

Bank Of England Statement On Central Bank Digital Currency

Date 19/04/2021

The Bank of England and HM Treasury have today announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential UK CBDC.

RegTech Industry Backs FCA Calls For ‘Purposeful’ AML Policies

Date 19/04/2021

RegTech industry experts have spoken out in support for the FCA’s recent call for ‘purposeful’ AML controls and financial fraud action.

Fnality Recognises A Major Market Milestone - Bank Of England Publishes An Omnibus Accounts Policy To Enable Innovative Payment Systems

Date 19/04/2021

Today the Chancellor of the Exchequer made an announcement as part of UK FinTech Week 2021, welcoming the Bank of England’s new omnibus account model, devised to allow new and innovative financial market infrastructures to access central bank settlement money. Her Majesty’s Treasury and the Bank of England also issued a press release on the publication of this policy. Fnality International, a private sector initiative supported by 15 major financial institutions, is delighted to announce that it has already made an application and notes this major milestone on its journey to launch innovative DLT based payment systems, together comprising Fnality Global Payments.

Tide Selected For Tech Nation Future Fifty Following Strongest Year Of Growth

Date 19/04/2021

• Tech Nation’s Future Fifty programme supports the leadership teams of the most successful tech companies in the UK
• Tide has now surpasses 5% market share with its member base more than doubling over the last year

Bank Of England Publishes Policy For Omnibus Accounts In RTGS

Date 19/04/2021

The Bank of England already offers a variety of models that enable payment systems to settle in central bank money, the ultimate risk-free asset. To support ongoing industry innovation, the Bank has now added a new model, which can allow the Bank to support a greater range of payment systems.

Ambitious Plans To Boost UK Fintech And Financial Services Set Out By Chancellor

Date 19/04/2021

Ambitious new plans to help fintechs scale up and ensure the UK remains at the cutting edge of digitalising finance were announced by the Chancellor today.

Moscow Exchange Trading Schedule Over May Holidays

Date 19/04/2021

Moscow Exchange announces the trading schedule for its markets over the May public holiday period following the prolongation of the holiday period through 11 May 2020.

DGCX’s PKR Futures Contract Launched

Date 19/04/2021

The Dubai Gold & Commodities Exchange (DGCX) today announced the launch of its Pakistani Rupee (PKR) Futures Contract and is now available for trading.