News Centre

CFTC Announces Whistleblower Awards Totaling More Than $1 Million

Date 21/07/2020

The Commodity Futures Trading Commission today announced it will award more than $1 million to two whistleblowers who voluntarily provided original information that led the Commission to bring a successful enforcement action. The CFTC opened an investigation after the first whistleblower’s information was deemed to be sufficiently specific, credible, and timely. The second whistleblower significantly contributed to the matter by providing investigative staff with first-hand information obtained through participation in the underlying scheme. 

US Federal Reserve Board To Maintain The Current Schedule Of Prices For Most Payment Services That The Federal Reserve Banks Provide To Depository Institutions In 2021

Date 21/07/2020

The Federal Reserve Board on Tuesday announced its intent to maintain the current schedule of prices for most payment services that the Federal Reserve Banks provide to depository institutions (priced services) in 2021. This approach recognizes the uncertainties created by the COVID-19 pandemic, and the difficulty in applying standard forecasting tools in this environment.

Bank Of England: Minutes Of The Working Group On Sterling Risk-Free Reference Rates - May 2020

Date 21/07/2020

The Working Group on Sterling Risk-Free Reference Rates, which is made up of experts from major sterling swap dealers, discusses the development of sterling risk-free reference rates.

Leading Dealers And Buy-Side Firms Join DTCC Margin Transit Utility Community, 50 Market Participant Firms Are Leveraging MTU To Automate The Margin Call Process And Reduce Risks

Date 21/07/2020

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade infrastructure for the global financial services industry, today announced that its Margin Transit Utility (MTU) community has grown to 50 firms representing thousands of Credit Support Annexes (CSAs), with users including leading dealer and buy-side organizations around the world.

Dubai International Financial Centre And Dubai FDI To Jointly Stimulate Foreign Investment In The Emirate

Date 21/07/2020

• Agreement to nurture collaboration between entities, attracting more regional and international businesses and investments to Dubai

Not Braking And Breaking, SEC Commissioner Hester M. Peirce, Washington D.C., July 21, 2020

Date 21/07/2020

Thank you to the Blockchain Association Singapore for inviting me to speak at this Blockchain Week event and for the chance to be back in Singapore, albeit virtually, for another conversation about crypto.  I miss Singapore’s people, beauty, food, and energy, but the issues we are talking about fit quite naturally into the virtual experience.

Refinitiv Launches Term SONIA Reference Rate Prototype To Facilitate Industry Transition From LIBOR

Date 21/07/2020

Refinitiv today announced the launch of a prototype Term SONIA (Sterling Overnight Index Average) Reference Rate. The Refinitiv Term SONIA will leverage the firm’s extensive experience in administering benchmarks to create a British Pound Sterling (GBP) forward-looking term risk-free rate that is published daily prior to noon. The rate will be available in one-month, three-month and six-month tenors.

LiquidityBook Taps Cash Lafferty To Head Business Development On West Coast

Date 21/07/2020

LiquidityBook, a leading Software-as-a-Service (SaaS)-based provider of buy- and sell-side trading solutions, today announced the hire of Cash Lafferty as Head of Business Development – West Coast.

CoolBitX And Elliptic Join Forces To Help Financial Service Providers Respond Swiftly To FATF's Travel Rule Requirements By June 2021 - Sygna Bridge, The First Operational Travel Rule Solution For Crypto, Together With Elliptic's Blockchain Analytics Tools Enable Customers To Scale Up End-To-End Crypto AML Operations

Date 21/07/2020

CoolBitX, a blockchain security company that is building the infrastructure to close the gap between mainstream financial institutions and the crypto industry, and Elliptic, global leader in crypto asset risk management solutions, announce a new partnership that enables customers with a complete solution to fulfill anti-money laundering (AML) and compliance obligations— including the Financial Action Task Force (FATF) Travel Rule which has a 12 month review on June 2021. The collaboration between the two partners will see the industry’s first operational Travel Rule solution, Sygna Bridge along with Elliptic’s crypto transaction and wallet screening offered to Virtual Asset Service Providers (VASPs) to comply fully with the FATF’s AML and combating the finance of  terrorism (CFT) regulations. 

SET’s Capital Market Research Institute Announces Two Award Winners For Outstanding Capital Market Researches

Date 21/07/2020

The Stock Exchange of Thailand (SET)’s Capital Market Research Institute (CMRI), with an aim to enhance  quality researches and researchers for the Thai capital market, has recently presented the 2019 awards to Tanawat Chiewhawan from Chulalongkorn University for his “Stock Market Prediction Using Deep Learning  Based Model with Event Embedding and Technical Indicators” research, and Natdanai Aleenjitphong from Thammasat University for “The Effect of Venture Capital Network and Institutions on Portfolio Companies' Performance in Southeast Asia” research.