News Centre

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

Date 30/09/2020

The FCA has confirmed measures to ensure that firms provide tailored support for users of certain consumer credit and overdraft products who continue to face payment difficulties due to coronavirus (Covid-19).

Monetary Authority Of Singapore Directs Wirecard To Cease Payment Services In Singapore

Date 30/09/2020

The Monetary Authority of Singapore (MAS) announced today that it has directed Wirecard entities in Singapore (Wirecard SG) to cease their payment services in Singapore and to return all customers’ funds by 14 October 2020.

Euronext: Agilyx Admitted To Trading

Date 30/09/2020

The cleantech company Agilyx has today been admitted to trading on Merkur Market (ticker code: AGLX-ME).

BME To Host A Day Of Webinars On The Occasion Of The Financial Education Day

Date 30/09/2020

• Next Monday, October 5th
• The virtual panels will be held from 8:30 hrs to 18:00 hrs and will address issues such as direct investment in the stock market, financial planning and sustainable financing

Kaizen Reporting Wins Regulatory Solution Of The Year At The Global Investor 2020 Investment Excellence Awards

Date 30/09/2020

Leading regulatory reporting firm Kaizen Reporting (Kaizen), has won ‘Regulatory Solution of the Year’ at the Global Investor Group’s 2020 Investment Excellence Awards for its ReportShield™ Accuracy Testing service.

Avoiding Economic Anxiety - Speech By Andy Haldane, Bank Of England Chief Economist And Member Of The Monetary Policy Committee (MPC), Delivered At The Cheshire And Warrington LEP Economic Summit Webinar

Date 30/09/2020

Andy Haldane looks at the UK’s recovery from the economic impacts of Covid-19.

ESMA Publishes Final Report For Guidelines On Internal Control

Date 30/09/2020

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has today published the Final Report for its Guidelines on Internal Control for Credit Rating Agencies.

Hong Kong Securities And Futures Appeals Tribunal Affirms Hong Kong Securities And Futures Commission Decision To Ban Lai Voon Wai For Five Years For IPO Sponsor Failures

Date 30/09/2020

The Securities and Futures Appeals Tribunal (SFAT) has affirmed the decision of the Securities and Futures Commission (SFC) to ban Mr Lai Voon Wai, a former responsible officer (RO) of CCB International Capital Limited (CCBIC) and BOCOM International (Asia) Limited (BIAL), from re-entering the industry for five years from 29 September 2020 to 28 September 2025 for failing to discharge his supervisory duties as a sponsor principal in charge of supervising the execution of two listing applications.

Bursa Malaysia Berhad Announces Appointment Of A New Public Interest Director

Date 30/09/2020

Bursa Malaysia Berhad (“Bursa Malaysia”) announced the appointment of Puan Sharifatu Laila Syed Ali as a Public Interest Director to its Board of Directors line up effective 1 October 2020. A Public Interest Director is appointed by the Minister of Finance pursuant to Section 10(1)(a) of the Capital Markets and Services Act 2007. 

Japan Financial Services Agency: Preparation For Permanent Cessation Of LIBOR

Date 30/09/2020

Whereas reforming interest rate benchmarks have been developed in Japan and abroad, the possibility that the London Interbank Offered Rate (LIBOR) will be permanently discontinued after the end of 2021 has been increasing. While LIBOR is mainly referenced in derivative contracts such as interest rate swaps, it is also quoted in a significant number of cash products including corporate loans and bonds. Additionally, it is used in wide range of users, including not only financial institutions but also non-financial corporate and institutional investors. In this regard, there is the possibility of disruption to users if LIBOR were ceased without sufficient preparation.