News Centre

Opening Remarks At The September 16, 2020 Meeting Of The Asset Management Advisory Committee, SEC Chairman Jay Clayton, Sept. 16, 2020

Date 16/09/2020

Welcome everyone to today’s Meeting of the Commission’s Asset Management Advisory Committee, or AMAC, including everyone joining us virtually or listening to the meeting through the Commission’s website. I am glad that the important work of both the Committee and, more broadly, the Commission can continue uninterrupted as we remain in our current telework posture.

UK Financial Conduct Authority Publishes Decision Notice Against Corrado Abbattista For Market Manipulation

Date 16/09/2020

The FCA has published a Decision Notice today in respect of Corrado Abbattista, an experienced trader and a portfolio manager, partner and Chief Investment Officer at Fenician Capital Management LLP, for market abuse, imposing a financial penalty of £100,000 and prohibiting him from performing any functions in relation to regulated activity.

Refinitiv Announces The 2020 D&I Index Top 100 Most Diverse & Inclusive Organizations Globally

Date 16/09/2020

• Refinitiv D&I Index measures relative performance against multiple factors that define diverse and inclusive workplaces.
• Industries leading this year’s index: 18 banking, investment services & insurance; 9 pharmaceuticals; 7 telecommunications services, specialty retailers and personal & household products & services.
• United States leads Top 100 list: 20 firms followed by United Kingdom 13, Australia 9, Canada and France 7.  
• Refinitiv Diversity & Inclusion report shows progress across cultural and gender board diversity: EMEA leads the way with the most culturally and gender diverse boards. Regionally, Africa is leading the way with on average 34% of female managers. 

Bank Of England Governor Andrew Bailey Statement On Chris Woolard’s Departure From The Financial Conduct Authority

Date 16/09/2020

Following the FCA’s New Release, Governor Andrew Bailey has provided the following statement:

“Chris is a leader, original thinker, innovator and a terrific colleague. He has made a huge contribution to building the FCA for which he deserves great thanks.”

UK Financial Conduct Authority: Christopher Woolard To Chair Review Of Unsecured Credit Market Regulation

Date 16/09/2020

The Financial Conduct Authority (FCA) has announced that Chris Woolard will chair a review of the future regulation of the unsecured credit market, reporting to the FCA Board.

Nasdaq Launches Anti-Money Laundering Investigation Technology - Nasdaq Automated Investigator To Address Gap In Anti-Money Laundering (AML) Investigations Process

Date 16/09/2020

Today Nasdaq (Nasdaq: NDAQ) announced the launch of the cloud-deployed Nasdaq Automated Investigator for AML, the first automated solution for investigating anti-money laundering (AML) for retail and commercial banks and other financial institutions. Designed, built and offered in partnership with UK-based Caspian, Nasdaq Automated Investigator for AML further expands Nasdaq’s global efforts in combatting financial crime and promoting market integrity in the capital markets and beyond.

UK Financial Conduct Authority Proposes The Next Stage Of Support For Consumer Credit And Overdraft Customers

Date 16/09/2020

The Financial Conduct Authority (FCA) has announced proposals to ensure that firms provide tailored support for users of consumer credit and overdraft products who continue to face payment difficulties due to coronavirus (Covid-19).

London Stock Exchange Sees Europe’s Largest Ever eCommerce Listing

Date 16/09/2020

UK tech company THG opened London’s markets for trading today, celebrating their listing on London Stock Exchange’s Main Market. The global ecommerce technology platform raised £1.88 billion pre greenshoe, the market capitalisation at IPO was £5.4 billion.

Delta Capita Appoints Sarah Carver As Head Of Digital

Date 16/09/2020

Delta Capita, a global provider of managed services, fintech solutions and consulting, announced that it has appointed Sarah Carver as its new Head of Digital to focus on driving the client digital proposition.

Bedford Row Capital Plc Launches First Sukuk For UK Property Market - $50 Million, 3 Year Sukuk Will Give Investors Unique Shari’a-Compliant Access To The UK Property Market

Date 16/09/2020

Bedford Row Capital Plc (BRC), a global non-bank structuring specialist today announces the issuance of a $50 million, three year sukuk to finance the expansion of P1 Capital Ltd, (“P1”) a UK company with a proven track record and operating profits.  P1 is a boutique asset-management group focusing on asset backed investments in the UK property sector. All investments are secured on UK property by legal charges, debentures and corporate / personal warranties.  P1 carries out rigorous due diligence on all projects to protect investments and actively monitors performance throughout the lifecycle of projects.