News Centre

Joint HM Treasury And Bank Of England Covid Corporate Financing Facility (CCFF) – Consolidated Market Notice 19 May 2020

Date 19/05/2020

This Consolidated Market Notice describes the operation of HM Treasury and the Bank’s CCFF. It updates the currently effective provisions of previous Market Notices in relation to the CCFF and so replaces all previous Market Notices relevant to the facility.

LCH Clears First SORA Swaps

Date 19/05/2020

Bank Of England: Update To The Covid Corporate Financing Facility

Date 19/05/2020

HM Treasury has today published details of an update to the terms of the Covid Corporate Financing Facility (CCFF).

DriveWealth Forges Agreement With Access Softek To Bring U.S. Stock Investing To Credit Union Members, Community Bank Customers - Digital Banking Innovator Leverages DriveWealth Technology, Execution, Clearing, Settlement And Custody Services

Date 19/05/2020

DriveWealth, LLC<https://drivewealth.com/>, a U.S. based leader in global digital trading technology, today announced it has forged an agreement with online and mobile banking software provider Access Softek, Inc.<https://www.accesssoftek.com/> Through the partnership, DriveWealth will integrate with Access Softek's new investing app, EasyVest, which will be distributed via banks and credit unions, and DriveWealth will provide trade execution, clearing, settlement and custody services for the transactions.

UAE Securities And Commodities Authority Obtains Four Certificates Of Conformity With ISO Standards On Governance, Innovation, Knowledge, And Sustainable Procurement

Date 19/05/2020

SCA obtains four certificates of conformity with ISO standards on governance, innovation, knowledge, and sustainable procurement

Safe Re-Opening Of More Customer Services In Singapore's Financial Sector

Date 19/05/2020

Financial institutions (FIs) in Singapore will be allowed to reopen more customer service locations from 2 June 2020. This will be carried out with strict safe management requirements in place, to minimise the risk of COVID-19 infections, in line with the Ministry of Health (MOH)’s three-phased approach to resume business operations  

HKEX: Re-appointment Of Chairman Approved

Date 19/05/2020

Reference is made to the announcement of Hong Kong Exchanges and Clearing Limited (“HKEX”) dated 7 May 2020 in relation to the re-appointment of Mrs Laura May-Lung Cha (“Mrs Cha”) as the Chairman of the Board of Directors of HKEX (“Chairman”).

ACER: EU Gas Supply Sourcing Costs Fall In 2019 As Prices Are Pressured By Record LNG Deliveries

Date 19/05/2020

According to ACER’s preliminary assessment, gas supply sourcing costs in most EU Member States (MSs) fell by more than 3 euros/MWh in 2019 compared with 2018. The assessment considers prices of hub traded products, declared imports and domestically produced gas.

Velocimetrics Offers Its New Cloud Product For Free On 3-Month Trial License

Date 19/05/2020

Velocimetrics, part of the Beeks Financial Cloud Group Plc (AIM: BKS), is announcing that its recently released product, stream2Cloud, is now available on 3-month trial licenses at no charge. stream2Cloud is a revolutionary approach to network streaming and data analytics in the cloud, allowing firms to capture and extract network packet data in real time from multiple locations into private, public or hybrid cloud, something which was previously prohibitively expensive and which potentially left blind spots. stream2Cloud is also exceptionally easy and quick to install. Alongside Velocimetrics’ current offerings, stream2Cloud is available on a pay-as-you-go pricing model and eliminates the burden of lengthy contracts.

Hong Kong Securities and Futures Commission Reprimands And Fines Convoy Asset Management Limited $6.4 Million For Regulatory Breaches Over Bond Recommendation

Date 19/05/2020

The Securities and Futures Commission (SFC) has reprimanded and fined Convoy Asset Management Limited (CAML) $6.4 million for control failures in solicitation and recommendation of bonds to clients.