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  • Monetary Authority Of Singapore Expands Mandate Of Industry Steering Committee To Drive SIBOR Transition

    Date 11/12/2020

    The Monetary Authority of Singapore (MAS) announced today that the mandate of the Steering Committee for SOR Transition to SORA (Committee) will be expanded to enable it to oversee the interest rate benchmark transition from SIBOR to SORA.  This follows a joint industry report  published today announcing the discontinuation of the remaining SIBOR tenors in phases over the next four years.  The Committee will be renamed as the Steering Committee for SOR & SIBOR Transition to SORA (SC-STS).

  • Synechron Acquires Attra - Expanding Competencies With End-To-End Banking And Payments Technology Services

    Date 11/12/2020

    Synechron Inc., a leading Digital Transformation consulting firm for the financial services industry, today announced the acquisition of Attra, an Australia-based technology services and solutions provider, headquartered in Melbourne, and focused on the banking, finance, and payments industries. Attra is one of the leading pure play payments solutions providers with a global delivery footprint in Australia, New Zealand, North America, Europe, the Middle East, and APAC. It has development centers in Melbourne, Australia; Dubai, UAE; and Bengaluru, Hyderabad, and Pune, India.

  • Tricor Launches IPO Smart Pay An Innovating Digital IPO Experience - Sets To Benefit Investors And Issuers Alike

    Date 11/12/2020

    Tricor Group ("Tricor"), a leading business expansion specialist in Asia, is pleased to announce the launch of Tricor IPO Smart Pay ("IPO Smart Pay") as supported by HSBC's real-time direct debit solution IPO Smart Pay is a new feature added to the Tricor IPO APP, the market's first white form e-IPO APP rolled out in October 2019.

  • ASIC Releases Regulatory Guide On Product Design And Distribution Obligations

    Date 11/12/2020

    ASIC today released a new regulatory guide on the product design and distribution obligations (RG 274), following extensive consultation.

  • Nadex Temporarily Amends Binary Contracts Strike Width

    Date 11/12/2020

    Pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and Section 40.6(d) of the regulations promulgated by the Commodity Futures Trading Commission (the “Commission”) under the Act (the “Regulations”), North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) hereby provides notice that due to increased volatility in the underlying markets upon which the Nadex contracts are based, Nadex made changes to the strike widths of various contracts during the week of December 7, 2020 as indicated in the Weekly Notice.