News Centre

Worldline Belgium-Based Study Confirms Digital Transactions Are Greener Than Cash - The Report Maps The Path To A CO2-Optimised Payment Ecosystem

Date 28/05/2024

Worldline [Euronext: WLN], a global leader in payment services, has today published a landmark life cycle analysis study conducted in Belgium which shows the huge potential of digital payments to decarbonise payment systems.

Meethaq Goes Live On Temenos For Retail And Corporate Core Banking - Core Platform Modernization Enables Meethaq To Offer Shariah Compliant Banking Products And Services With Increased Operational Efficiency And Business Agility

Date 28/05/2024

Temenos (SIX: TEMN) today announced that Meethaq Islamic Bank, from Bank Muscat, has successfully implemented Temenos Core for Retail and Corporate banking. This strategic move empowers Meethaq to provide Shariah compliant banking products and services, while enhancing operational efficiency and business agility. Bank Muscat is an existing Temenos customer for conventional retail and corporate core banking and the go-live at Meethaq extends this partnership to Islamic banking.

Hong Kong Securities And Futures Commission Statement On The End Of Non-Contravention Period For Virtual Asset Trading Platforms

Date 28/05/2024

1.  The Securities and Futures Commission (SFC) wishes to remind the public that the non-contravention period for virtual asset trading platforms (VATPs) operating in Hong Kong under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (Cap 615) (AMLO) will come to an end on 1 June 2024. All VATPs operating in Hong Kong must be either licensed by the SFC, or “deemed-to-be-licensed” VATP applicants (Note 1) under the AMLO. It is a criminal offence to operate a VATP in Hong Kong in breach of the AMLO, and the SFC will take all appropriate actions against any breaches of the law.

The Federal Reserve's Balance Sheet As A Monetary Policy Tool: Past Lessons And Future Considerations, Federal Reserve Governor Michelle W. Bowman, At The 2024 BOJ-IMES Conference, Hosted By The Institute For Monetary And Economic Studies, Bank Of Japan, Tokyo, Japan

Date 28/05/2024

I would like to thank the Bank of Japan and Governor Ueda for organizing this year's conference and for the invitation to participate in this afternoon's panel.1 The topic of "the effects of conventional and unconventional policy instruments" is an important one given central banks' expanded use of unconventional monetary policy tools to pursue their mandates over the past decade and a half.

Hong Kong Securities And Futures Commission Suspends Wong Ka Ching For Four Years

Date 28/05/2024

The Securities and Futures Commission (SFC) has suspended Mr Wong Ka Ching, former responsible officer (RO) of China On Securities Limited (China On), for four years from 28 May 2024 to 27 May 2028.

IOSCO Board Elects Jean-Paul Servais As Chair For A Further Term

Date 28/05/2024

• Shigeru Ariizumi and Rostin Behnam re-appointed as Vice Chairs
• Mohamed Farid Saleh re-elected Chair of IOSCO Growth & Emerging Market (GEM) Committee and remains ex-officio Vice-Chair of the Board

New Zealand Financial Markets Authority: Matthew Hill To Pay $100,000 Penalty For Breaching Financial Markets Legislation

Date 28/05/2024

The High Court has imposed a pecuniary penalty of $100,000 against Matthew Geoffrey Hill, the former Chief Executive Officer of NZX-listed New Talisman Gold Mines Limited, for making false and misleading representations in breach of the Financial Markets Conduct Act 2013 (FMC Act).   

ASIC To Launch New Professional Registers Search

Date 28/05/2024

KEY POINTS

• ASIC’s new Professional Registers Search (PRS) will launch in late June 2024. The register provides an improved search functionality, now allowing users to search for a licence or registration across multiple register databases using just one search.
• The new site enables users with the ability to filter search results to see more specific information, such as finding a licence or registration in their home state or territory.

The Autorité des Marchés Financiers Releases Its 2024-2025 Annual Statement Of Priorities

Date 27/05/2024

The Autorité des marchés financiers (AMF) today published its 2024-2025 Annual Statement of Priorities presenting the key initiatives adopted by the AMF as part of the implementation of its 2021-2025 Strategic Plan (pdf - 1 MB).

Canadian Securities Regulators Announce Move To T+1 Settlement Cycle

Date 27/05/2024

The Canadian Securities Administrators (CSA) today announced that rule amendments supporting the move to a shorter settlement cycle for equity and long-term debt market trades came into force in Canada.