News Centre

Finansinspektionen Supervision 29: Advisors Are Not Taking Customers’ Sustainability Preferences Into Account

Date 28/03/2024

Six out of ten say that sustainability is important when saving money. Advisors at banks, investment firms and insurance intermediaries have an obligation to take into account consumers’ sustainability preferences. This does not always happen. Instead, many consumers currently face a risk of investing in products that do not correspond to their expectations when it comes to sustainability. This is the conclusion FI draws from its analysis, and we are now encouraging firms to devote a special focus to this topic.

Bank Of England, Financial Conduct Authority, Prudential Regulation Authority And Payment Systems Regulator Conduct 2023 Review Of Memorandum Of Understanding For Payment Systems In The UK

Date 28/03/2024

The Bank of England (BoE), the Financial Conduct Authority (FCA), the Prudential Regulation Authority (PRA) and the Payment Systems Regulator (PSR) (together ‘the Authorities’) have a joint-authority Memorandum of Understanding (MoU). The MoU continues to set out the high-level framework the Authorities use to cooperate in relation to payment systems in the UK. The Financial Services (Banking Reform) Act 2013 requires the Authorities to review the MoU annually. During 2023, the Authorities carried out their eighth such review.

Sumsub And Mercuryo Release Comprehensive Guide For Cryptocurrency Providers To Navigate Travel Rule Compliance - Virtual Asset Service Providers (VASPs) Are Now Equipped With The Ultimate Navigation Tool Prepared By Industry Experts To Implement The Travel Rule Smoothly While Ensuring Business Growth

Date 28/03/2024

Sumsub, a full-cycle verification provider, has teamed up with Mercuryo, a global payments infrastructure platform, to publish a detailed guide for Virtual Asset Service Providers (VASPs), titled “Mastering Travel Rule Compliance”. The guide covers everything businesses in the digital token space need to know about the Travel Rule and how to implement it effectively to stay compliant.

MNI Indicators: Chicago Business Barometer™ - March 2024 Chicago Report™ Declines To 41.4

Date 28/03/2024

• The Chicago Business BarometerTM, produced with MNI declines 2.6 points to 41.4 in March. This is the fourth consecutive monthly decrease, pushing the index further into contractionary territory, and marking the lowest print since May 2023. We also note that this print is 4 points below the 2023 average. 
• The barometer’s move lower was driven by a reduction in Order Backlogs, New Orders, Production, and Supplier Deliveries, whilst, a gain in Employment limited the downside move. 

NSE Indices Index Dashboard For The Month Ended March 2024

Date 28/03/2024

Click here to download the 'Index Dashboard' for the month ended March 2024.

OpenYield Launches Fully Automated, Equity-Like Marketplace To Lead Bond Trading Into The Next Era - OpenYield’s Unique Liquidity, Low Cost And Flexible Technology Makes It Easy For Broker-Dealers, Advisors And Asset Managers To Offer Attractive Bond Investing Solutions To Retail Clients

Date 28/03/2024

OpenYield Trading LLC, a FINRA-registered broker-dealer and SEC-registered alternative trading system (ATS), today printed its first trade, marking the launch of its platform. OpenYield modernizes fixed-income investing and empowers broker-dealers, advisors and asset managers to easily enter the bond market or enhance their existing offerings. With unique liquidity, no minimums, flexible APIs and a powerful technology stack that delivers data and analytics, OpenYield provides a low-cost, equity-like marketplace for bond trading. 

TMX Group Limited To Announce Q1 2024 Financial Results On Thursday, May 2, 2024 - Analyst Conference Call And Annual And Special Meeting Of Shareholders To Be Held Friday, May 3, 2024

Date 28/03/2024

TMX Group Limited will announce its financial results for the first quarter ended March 31, 2024 in the evening of Thursday, May 2, 2024. An analyst conference call to review the results will be held at 8:00 a.m. EDT on Friday, May 3, 2024.

Malawi Stock Exchange Weekly Summary, 28 March 2024

Date 28/03/2024

Click here to download Malawi Stock Exchange's weekly summary.

BaFin Investigates The Company YEM FOUNDATION

Date 28/03/2024

The Federal Financial Supervisory Authority (BaFin) warns consumers about the company YEM FOUNDATION and the services it is offering. BaFin has information that the company is conducting banking business and providing financial services without the required authorisation. The company is not supervised by BaFin.

Successful Trading Plan Means UK Government No Longer Controlling Shareholder In NatWest

Date 28/03/2024

• This is down from a peak government shareholding of around 84%.
• Since the trading plan commenced in August 2021, approximately £5.8 billion in proceeds have been raised.