News Centre

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. 

Open Banking A Global Revolution In Progress, Finds Economist Intelligence Unit Report For Temenos

Date 23/02/2021

• Nearly half (45%) of global banking executives are set on transforming their business models to become digital ecosystems 
• Open bank hub initiatives, giving customers the option to connect their bank data with third-party providers, is the second most chosen innovation strategy globally, cited by 29% of respondents 
• This independent report discusses open banking strategies across regions based on data from over 300 senior banking executives, half of whom are C-suite

Raiffeisen Bank International Partners With AxeTrading And Integral To Boost Bond Trading

Date 23/02/2021

Raiffeisen Bank International (RBI), one of the leading banks in Austria and CEE, has partnered with AxeTrading, the fixed income trading software company, and Integral, a leading FX technology provider, to deliver an innovative trading solution for their bond trading clients by providing real-time streaming of FX prices into their bond trading workflow.

Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds - Widening Gap Emerges Between Leaders And Non-Leaders - Leading Firms To Allocate Nearly 20% Of Global IT Budgets To Next-Generation Technologies By 2023

Date 23/02/2021

Over half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies such as AI, blockchain, the Cloud and digital, according to a new study surveying 1,000 global C-suite executives and their direct reports, released today by Broadridge Financial Solutions (NYSE: BR), a global Fintech leader.