News Centre

FTSE UK Index Series – Indicative Quarterly Review Changes March 2021

Date 23/02/2021

FTSE Russell, the global index provider, advises of the following indicative changes to the FTSE 100 and FTSE 250, based on data as at Friday 19 February 2021.

Ledgermatic To Leverage Algorand Blockchain To Deliver Digital Asset Treasury Solutions To Enterprise - Legermatic Selects Algorand As Its Blockchain Protocol Layer As It Readies For A Digital Evolution In Treasury Management.

Date 23/02/2021

Ledgermatic, which recently announced it is developing treasury tools to allow enterprise and financial institutions to operate with digital assets and associated payments and workflows, has chosen Algorand as its blockchain protocol partner. Ledgermatic has also received funding from Borderless Capital, a venture capital firm focused on supporting and developing the Algorand ecosystem.

EBA Calls On National Authorities To Take Supervisory Actions For The Removal Of Obstacles To Account Access Under The Payment Services Directive

Date 23/02/2021

The European Banking Authority (EBA) published today an Opinion on supervisory actions national competent authorities (NCAs) should take to ensure banks remove any remaining obstacles that prevent third party providers from accessing payment accounts, which restrict EU consumers’ choice of payment services.  The Opinion will contribute to a level playing field across the EU and to a consistent application and supervision of relevant requirements under the Payment Services Directive (PSD2) and the EBA Regulatory Technical Standards on strong customer authentication and common and secure communication (RTS on SCA&CSC).

Bursa Malaysia Amends Main Market And ACE Market Listing Requirements In Relation To Public Security Holding Spread

Date 23/02/2021

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) has reviewed the Main Market and ACE Market Listing Requirements (collectively “Listing Requirements”) to reflect, among others, the policy considerations for the acceptance of a lower public spread (“Public Spread Amendments”). Currently, the Listing Requirements prescribes that a listed issuer/applicant must have at least 25% of shares/units in the hands of the public.

Monetary Authority Of Singapore' Response To Queries On Funds From Myanmar Companies And Individuals In Banks In Singapore

Date 23/02/2021

In response to media queries, the Monetary Authority of Singapore (MAS) said today that its regular surveillance of the banking system has not found significant funds from Myanmar companies and individuals in banks in Singapore. MAS expects financial institutions to remain vigilant to any transactions that could pose risks to the institution, including dealings with companies and individuals subject to financial sanctions by foreign jurisdictions.

Borsa İstanbul: Termination Of Market Orders At Derivatives Market (VIOP) (2021/5)

Date 23/02/2021

Borsa İstanbul has decided to terminate the use of the "Market Orders" in all contracts traded at VIOP as of 1st of March, 2021. Please click for the related announcement 2021/05.

Mastercard’s Open Banking Connect Is Now Available To Lloyds Bank Credit Card Customers

Date 23/02/2021

• Lloyds Bank customers can now pay their credit card bills via their mobile app, leveraging Mastercard’s open banking technology.
• Mastercard’s Open Banking Connect enables a single universal connection to any financial institutions’ open banking functionality regardless of their API. 
• This innovation offers Lloyd’s credit card customers more choice and faster payment when paying down their credit card balance.

Elifinty & Fair Money Advice Partner To Disrupt Debt Advice Space

Date 23/02/2021

Elifinty, a London-based fintech tech start-up, and Fair Money Advice, a London-based debt advice charity, announce a game changing partnership to help deliver better financial services and debt advice for people in the UK.

Tierion Finance/Online Trading Platform Tierion-Finance.Com: BaFin Prohibits Unauthorised Portfolio Management And Unauthorised Proprietary Trading

Date 23/02/2021

In a notice dated 28 January 2021, BaFin ordered Tierion Finance to immediately cease conducting unauthorised portfolio management and unauthorised proprietary trading.

UK Financial Conduct Authority Launches Guidance For Firms On The Fair Treatment Of Vulnerable Customers

Date 23/02/2021

The Financial Conduct Authority (FCA) has published final guidance clarifying its expectations of firms on the fair treatment of vulnerable customers.