News Centre

ETFGI Reports Assets Invested In Active ETFs Reached A Record Of US$318 Billion At The End Of February 2021

Date 17/03/2021

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs and ETPs ecosystem, reported today that Active ETFs and ETPs gathered net inflows of US$16.90 billion during February, bringing year-to-date net inflows to a record US$33.80 billion. Assets invested in actively managed ETFs and ETPs finished the month up to 4.9%, going from US$303 billion at the end of January to a record US$318 billion, according to ETFGI's February 2021 Active ETF and ETP industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Wildfire Credit Union Expands Partnership With Backbase To Redefine The Employee And Member Digital Experience - Leading Michigan Credit Union To Adopt Backbase’s Customer 360 Employee Portal To Empower Employees And Optimize Member Experience

Date 17/03/2021

Michigan-based Wildfire Credit Union announces today that it is expanding its partnership with Engagement Banking technology provider Backbase to modernize its employee experience and improve its ability to deliver personalized member services. Wildfire will adopt Backbase’s Customer 360 Employee App, which consolidates a variety of member relationship management lines – including call centers, branch services, underwriters and loan officers – onto one single platform for a unified member experience. The partnership will enable Wildfire’s 180+ employees to shift away from siloed, transactional interactions with members towards relationship-building and engaging dialogues that offer increased consistency, transparency and value.

Axedo.co Market LTD/Online Trading Platform axedo.co: BaFin Prohibits Unauthorised Portfolio Management

Date 17/03/2021

In a notice dated 1 March 2021, BaFin ordered Axedo.co Market LTD to immediately cease its unauthorised portfolio management activities.

Global Financial Centres Index 29: New York Continues To Head Up The Global Financial Centres Index Ratings - London’s Position Challenged By Leading Asian Centres

Date 17/03/2021

GFCI 29 Headlines

New York again headed the rankings in the Global Financial Centres Index 29, launched today by Z/Yen Group in partnership with the China Development Institute (CDI) in London and Hong Kong.

Insteel Industries Completes Listing Transfer To The New York Stock Exchange

Date 17/03/2021

The New York Stock Exchange, a wholly-owned subsidiary of Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced that Insteel Industries, Inc. (NYSE: IIIN) has completed its listing transfer and will begin trading today as an NYSE-listed company.

Share Oracle Ltd., Dominica/Online Trading Platform bit-capitals.com: BaFin Prohibits Unauthorised Portfolio Management

Date 17/03/2021

In a notice dated 26 February 2021, BaFin ordered Share Oracle Ltd., Dominica, to immediately cease its unauthorised portfolio management activities.

Why Diversity And Inclusion Are Regulatory Issues - Speech By FCA CEO, Nikhil Rathi, At The Launch Of The HM Treasury Women In Finance Charter Annual Review.

Date 17/03/2021

Highlights

• The charter, which challenges the financial services industry to do better, is making a difference.
• Diversity will be crucial in our consideration of vulnerability, particularly as we come out of a pandemic that has disproportionately affected women and people of colour.
• We are working with the Prudential Regulation Authority on a joint approach to D&I for all financial services firms.
• We will increasingly be asking tough questions firms about representation across grades and whether their culture is open and inclusive and provides a safe space for colleagues at all levels of the organisation.
• As part of our regulatory work on diversity and inclusion and the listings framework, we will be exploring whether we should make diversity requirements part of our premium listing rules.

ESMA Sees High Risk For Investors In Non-Regulated Crypto Assets

Date 17/03/2021

The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today publishes its first Trends, Risks and Vulnerabilities (TRV) Report of 2021. The Report analyses the impact of COVID-19 on financial markets during the second half of 2020 and highlights the increasing credit risks linked to significant corporate and public debt overhang, as well as the risks linked with investments in non-regulated crypto-assets.

EPA Champions Open Access To Bank Accounts With Release Of New Guidance

Date 17/03/2021

The Emerging Payments Association (EPA), which promotes collaboration and innovation across payments, has today released its updated guidance, EPA’s Guide to Payment Account Providers: 2021 edition, in partnership with the Association of Foreign Exchange and Payment Companies, to continue its work of campaigning for increased open access to accounts and payments within the UK. 

BMLL Wins Coveted The Trade News Award For ‘Best Data And Analytics Innovation’Awarded - ‘Editors’ Choice & Fintech Award’ During The 2021 Leaders In Trading Event, Winning Against IHS Markit, Refinitiv And Virtu Financial

Date 17/03/2021

We are delighted to announce that BMLL Technologies won The Trade News ‘Editors’ Choice & Fintech Award’ for ‘Best Data and Analytics Innovation’ during the 2021 Leaders in Trading Event, held on 17 March 2021.