News Centre

LCH Ltd’s RepoClear Welcomes Clearstream As Its First Clearing Member From Luxembourg

Date 09/12/2020

• Clearstream is the first member from Luxembourg to clear Sterling debt at LCH Ltd
• First ICSD to become a member of RepoClear
• Benefits from accessing RepoClear’s large pool of cleared liquidity

Think Tank Highlights Impact Of Digital Currency And CBDC On Industry And Society - WTT, Supported By City Of London Corporation And Innovate Finance, Publish Research Exploring The Adoption Of Digital Currency And The Future Of Payments, Including Fiscal Impact

Date 09/12/2020

The Whitechapel Think Tank’s (WTT) Future of Payments Working Group today launched a white paper entitled The Impact of Digital Currency on the Future of Payments exploring practical impacts and potential to transform the UK’s economy, society and industry. The thought leadership seeks to stimulate and advance debate around the growing landscape of digital currencies and the case for a central bank digital currency (CBDC) in the UK.

SGX Reports Market Statistics For November 2020

Date 09/12/2020

• Strong volume gains across equities, FX, iron ore derivatives
• Securities daily average value in Singapore climbs

Singapore And Hungary Strengthen Cooperation In FinTech

Date 09/12/2020

The Monetary Authority of Singapore (MAS) and the Magyar Nemzeti Bank (MNB) today signed a Co-operation Agreement (CA) to strengthen cooperation in FinTech innovation between Singapore and Hungary.

European Trade Repository REGIS-TR Celebrates 10th Anniversary

Date 09/12/2020

EPA Strengthens Advisory Board To Bridge The Gap Between Fintechs And The Traditional Banking World

Date 09/12/2020

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, is pleased to announce the addition of six new diverse, expert financial services leaders to its Advisory Board to help drive more meaningful change in a post-covid world.

Japan As An International Financial Center

Date 09/12/2020

The Japanese Government is committed to expanding Japan’s role as an international finance hub. New policies will help foreign asset managers and other financial institutions enter the Japanese market so that they may contribute to improve Japan’s financial and capital markets in tandem with local players and eventually we may better serve as a global financial center in Asia and the world.

Hong Kong Securities And Futures Commission: Process Review Panel Report 2019-20

Date 09/12/2020

The Securities and Futures Commission (SFC) is pleased to note the publication of the annual report by the Process Review Panel (PRP) for the SFC.

EGX & Al-Nahda University Sign MoU For Financial Literacy

Date 09/12/2020

The Egyptian Exchange (EGX) signed a Memorandum of Understanding (MoU) with Al-Nahda University in Beni-Suef, for cooperation in raising financial literacy for the university students.  Dr. Mohammed Farid Saleh, Executive Chairman of EGX, and Dr. Hossam Al-Malahi, President of Al-Nahda University, signed the MoU in the presence of Dr. Mohammed Hani, Beni-Suef Governor and representatives from both parties.

S&P Global Ratings Affirms ВСS Credit Rating, Outlook ‘Positive’

Date 09/12/2020

• S&P revised its outlook for BCS Financial Group and its operating subsidiaries (BCS in totality) from ‘stable’ to ‘positive.’ S&P also re-affirmed issuer credit ratings of ‘В/В’ for FG BCS and ‘B+/B’ for its operating subsidiaries, including BrokerCreditService (Cyprus) Ltd., BrokerCreditService Structured Products PLC, and BCS Prime Brokerage Ltd.
• The positive operating environment is a key driver for BCS product development and delivery
• BCS’s diversification strategy will drive stable commission revenue stream