News Centre

BNP Paribas Factoring Selects Lendscape To Further Strengthen Its European Operations - BNP Paribas, Europe's Leading Bank And Key Player In International Banking, Announces Its Expanding Partnership With Lendscape To Support Its Factoring Operations Across Major European Markets

Date 18/06/2024

Building on a successful and proven partnership, BNP Paribas Factoring is set to consolidate its pan-European and North African factoring operations onto the Lendscape Receivables Finance platform. The move will enable the Bank to optimise customer and employee experiences, support its growth strategy and continue to deliver best-in-class services, providing over €25 billion of funding to its 12,000 SME and corporate clients across Western Europe.

FTSE Data Valued At £295 Billion, According To Research: Anmut

Date 18/06/2024

• For the first time ever, the data within the largest companies listed on the London Stock Exchange has been assigned a monetary value
• The widespread inability to value data means British firms have been mismanaging their data assets to the detriment of the UK economy

The Payments Association Echoes Industry Calls For Policymakers And The Fintech Sector To Support Consumers With Community Finance

Date 18/06/2024

• 12.9 million adults (one in four) in the UK have low financial resilience and a record 6.7 million are now in severe financial difficulty.
• The Payments Association’s “Redefining Community Finance: Unlocking Pathways to Financial Inclusion” whitepaper highlights the role of community finance organisations in expanding access to financially underserved communities across the UK.
• The paper identifies barriers like limited reach due to language barriers and biases, and common bond requirements, as well as stifling regulations designed for larger institutions.
• The paper proposes policy recommendations which have been crafted following extensive conversations with experts across academia, the industry, the third sector and regulators, as well as a review of other studies which have looked at how the community finance sector can help tackle financial exclusion.

SIX Launches New Global Equity Indices

Date 18/06/2024

The global financial information provider SIX has launched today a family of global equity indices designed specifically for the retail, private banking, and asset management sector. This marks the company’s latest move in its push to further strengthen its position as a global index and data provider.

Trading Technologies Broadens Product Line With New Offerings For Futures TCA And Multi-Asset Trade Surveillance - TT® Futures TCA And TT® Trade Surveillance Announced At FIA International Derivatives Expo In London

Date 18/06/2024

Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, today announced the introduction of TT Futures TCA and TT Trade Surveillance, two new offerings that significantly enhance its Data & Analytics and Compliance lines of business. TT Futures TCA, a comprehensive transaction cost analysis (TCA) tool for futures trading, leverages the largest collection of anonymized, millisecond-level futures market and trade data with a vast array of metrics and measures. TT Trade Surveillance, powered by the proprietary SCORE machine learning algorithm, combines new multi-asset coverage and dozens of new configurable models with the machine learning-driven models from TT Score, the company's first-generation trade surveillance platform. The firm plans to upgrade and shift all TT Score users to TT Trade Surveillance in the second half of this year.

8th Bilateral Monetary Authority Of Singapore-China Securities Regulatory Commission Roundtable Fosters Greater Cooperation In Capital Markets Activities

Date 18/06/2024

The Monetary Authority of Singapore (MAS) and the China Securities Regulatory Commission (CSRC) affirmed their commitment to strengthen supervisory cooperation and enhance collaboration in capital markets at their annual supervisory roundtable held on 14 June 2024. The roundtable was co-chaired by MAS’ Deputy Managing Director (Financial Supervision) Ms Ho Hern Shin and CSRC’s Vice Chairman Mr Chen Huaping.

Monetary Authority Of Singapore: The Start Of Financial Transparency Corridor (FTC) Initiative between Singapore And Cambodia

Date 18/06/2024

The Monetary Authority of Singapore (MAS) and the National Bank of Cambodia (NBC) today announced the start of the Financial Transparency Corridor (FTC) initiative between Singapore and Cambodia. The FTC commemoration event was held at Istana, Singapore, and was presided over by His Excellency Lawrence WONG, Prime Minister of Singapore and Samdech Moha Borvor Thipadei HUN Manet, Prime Minister of the Kingdom of Cambodia, during the official visit by the Prime Minister of the Kingdom of Cambodia to Singapore from June 18 to 19, 2024.

A Transformative Experience, Federal Reserve Governor Lisa D. Cook, At The 2024 Marshall Forum: A U.S.-U.K. Strategic and Economic Dialogue, Chicago, Illinois

Date 18/06/2024

Thank you, John. And thank you to the Marshall Aid Commemoration Commission and the commissioners for this most extraordinary honor. To be mentioned alongside previous Marshall Medal recipients, such as Secretary Madeleine Albright, Secretary Colin Powell, Justice Stephen Breyer, and eminent political scientist and university president Nan Keohane, is humbling. The distinction is especially meaningful to me, because I have taken great pride in being a Marshall Scholar from the moment I was selected during my senior year at Spelman College. In the years since, I have enjoyed meeting and being inspired by Marshall Scholars throughout the country and around the world. I also have enjoyed reviewing the applications of future Marshall Scholars, one way in which I have taken seriously the responsibility to serve as an ambassador for the program. I look forward to continuing to serve in such an ambassadorial role as a Marshall Medal recipient. Again, I am beyond grateful to the Commission for the truly humbling and thrilling honor.

CFTC To Hold A Commission Open Meeting June 24

Date 17/06/2024

Commodity Futures Trading Commission Chairman Rostin Behnam today announced the Commission will hold an open meeting on Monday, June 24 at 9:30 a.m. (EDT) at the CFTC’s Washington, D.C. headquarters. Members of the public can attend the meeting in person, listen by phone, or view a live stream at CFTC.gov.

CFTC Awards Over $8 Million To Insider Whistleblower Who Aided CFTC And Other Agency Actions

Date 17/06/2024

The Commodity Futures Trading Commission today announced it awarded over $8 million to one insider whistleblower who provided significant information and assistance that led the CFTC and other agencies to bring multiple enforcement actions. The whistleblower helped the CFTC establish that one or more derivatives market participants deceived clients about key aspects of trades.