News Centre

Valereum Blockchain Plc New Director Joins Valereum - Patrick L. Young - Global Stock Exchange And Blockchain Expert

Date 22/07/2021

Valereum Blockchain Plc (AQSE: VLRM), (“Valereum”) the uniquely positioned Gibraltar based blockchain technology builder, is pleased to announce that Mr Patrick Lyle Young has joined the Company’s board of directors with immediate effect, as executive director.

Banks Fear Unlevel Playing Field Over SA-CCR Implementation - Acuiti Study Finds Capital Costs For Corporates, Pension Funds And Some Asset Managers Set To Soar Under New Derivatives Capital Rules

Date 22/07/2021

Over 80% of senior derivatives executives from global banks are concerned that differing approaches to the implementation of SA-CCR will create an unlevel playing field, a study by Acuiti has found.

The European Banking Authority Publishes A Methodological Guide To Mystery Shopping

Date 22/07/2021

• The guide sets out how mystery shopping (MS) activities can be carried out in real life and aims to support National Competent Authorities (NCAs) in their design and implementation.
• Mystery shopping allows NCAs to obtain greater insight into the conduct of financial institutions, which in turn allows them to take corrective actions to better comply with applicable requirements, thus eventually enhancing the protection of consumers.
• This publication is the EBA’s next step in the fulfillment of its new mandate to coordinate MS activities of NCAs.

Comment From Wayne Johnson, CEO, Encompass Corporation, On New EU AML Rules Which Will Ensure Full Traceability Of Crypto Transfers

Date 22/07/2021

Responding to the news that new EU AML rules will ensure full traceability of crypto transfers., Wayne Johnson, CEO, Encompass Corporation commented:

“The emergence and adoption of cryptocurrency and blockchain technology has created a new scenario for regulators. Essentially, we are facing a payments technology that transcends country borders and is not subject to rules and, in turn, this has bred a plethora of issues pertaining to untraceable money laundering."

ACER And CEER Publish White Paper On Rules To Prevent Methane Leakage In The Energy Sector

Date 22/07/2021

Today, the EU Agency for the Cooperation of Energy Regulators (ACER) and the Council of European Energy Regulators (CEER) publish their joint White Paper on Rules to Prevent Methane Leakage in the Energy Sector. The paper, one of a series of ACER-CEER “European Green Deal” Regulatory White Papers, is the outcome of a survey of National Regulatory Authorities.

LCH Appoints Rohit Verma As Head Of Asia Pacific

Date 22/07/2021

• Responsible for LCH’s operations and growth in Asia Pacific
• Brings 20 years’ experience in derivatives markets to the role

InvestCloud Announces Selection By BNP Paribas Wealth Management For HNWI CRM And CLM Solutions - Deployment Of InvestCloud Solutions Will Accelerate Onboarding Of High-Net-Worth Clients, Further Improve Ongoing Client Engagement And Management

Date 22/07/2021

InvestCloud, an award winning global FinTech firm that designs and creates financial software for some of the most prestigious banks, wealth managers and asset managers in the world has been selected by BNP Paribas Wealth Management to provide Client Relationship Management (CRM) and Client Lifecycle Management (CLM) services for onboarding and nurturing high-net-worth (HNWI) client relationships. 

EX Sets Go-Live Date For 10-Year Power Futures - From September, EEX To Provide Enhanced Solution Which Will Further Promote The Integration Of Renewable Energy Into The Power Market

Date 22/07/2021

The European Energy Exchange (EEX) is set to expand its product range with the launch of new longterm power futures expiries. From 27 September onwards, EEX will extend the number of tradable yearly maturities for German, Italian and Spanish Power Futures from the current six to ten calendar years. This enhancement will enable customers to hedge their price exposure up to 10 years in advance which will further promote the integration of renewable energy into the power market.

Moscow Exchange: Risk Parameters Change For The Security NVDA-RM: Updates

Date 22/07/2021

Please follow the links below to access the information:

Risk parameters change for the security NVDA-RM
Risk parameters change for the security NVDA-RM
Risk parameters change for the security NVDA-RM
Risk parameters change for the security NVDA-RM
Risk parameters change for the security NVDA-RM

Hong Kong’s Asset And Wealth Management Business Maintained Strong Growth In 2020

Date 22/07/2021

A survey published today by the Securities and Futures Commission (SFC) found that the asset and wealth management business (Note 1) in Hong Kong recorded a 21% year-on-year increase in assets under management (AUM) to $34,931 billion (US$4,505 billion) (Note 2) as at the end of 2020. The AUM of the asset management and fund advisory business conducted by licensed corporations and registered institutions increased 20% to $24,038 billion and the AUM of the private banking and private wealth management business grew 25% to $11,316 billion.