News Centre

ESMA Signs Memorandum Of Understanding With The Indonesia Financial Services Authority And Recognises PT Kliring Penjaminan Efek Indonesia As Tier 1 CCP

Date 26/10/2023

The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has signed a Memorandum of Understanding (MoU) with the Indonesia Financial Services Authority and updated its list of recognised third-country central counterparties (TC CCPs) under the European Markets Infrastructure Regulation (EMIR).

Global Green Finance Index - Evaluating The Green Finance Offering Of Global Financial Centres - Singapore Enters The Top 10 In Green Finance, Alongside Western European And Us Centres

Date 26/10/2023

The 12th edition of the Global Green Finance Index (GGFI) evaluates green finance offerings from 94 financial centres. The GGFI serves as a valuable measure of the development of green finance for policy and investment decision-makers.

BME: MARF Admits To Trading A New Green Commercial Paper Programme From Greening For 20 Million Euros

Date 26/10/2023

The BME's fixed income market, MARF, has admitted to trading a new Green Commercial Paper Programme of Greening, for an outstanding balance of 20 million euros. This new program will enable Greening to issue one-year CPs with unit face value of 100,000 euros and maximum maturities of 24 months. This is the first time that Greening is accessing the fixed-income markets to diversify its sources of financing.

Scila AB Secures Coveted Spot In The Chartis RiskTech100, 2024

Date 26/10/2023

Scila, a prominent name in the international financial markets monitoring sector, is proud to announce its inclusion in the highly esteemed Chartis RiskTech100 for the year 2024. This recognition is a testament to Scila's relentless commitment to providing cutting-edge solutions in the risk management domain.

Global M&A Deal Value Declines 8% Yoy In Q3 2023 Amid Economic Uncertainty, Reveals GlobalData

Date 26/10/2023

The global mergers and acquisitions (M&A) landscape witnessed an 8% decline in deal value from $515 billion in Q3 2022 to $473 billion in Q3 2023. The total M&A deal volume also fell by 21% from 8,997 to 7,083 during the period. The economic deceleration, attributed to rising inflation and interest rates, influenced this trend, according to GlobalData, a leading data and analytics company. 

FXSpotStream Joins The FairXchange Ecosystem

Date 26/10/2023

In the complex Foreign Exchange (“FX”) ecosystem, the convergence of real-time streaming and advanced analytics stands to reshape the industry. Leading the pack, FXSpotStream, the global leader in FX electronic liquidity distribution, has integrated Horizon, FairXchange's award-winning data analytics platform, enhancing real-time analytics for more precise trading execution and analysis.

Money And Payments: A ‘Black Ships’ Moment? - Speech By Jon Cunliffe, Bank Of England Deputy Governor, Financial Stability, Given At The Economics Of Payments XII Conference At The Federal Reserve Board, Washington DC

Date 26/10/2023

It is difficult to overstate the importance of the announcement by Facebook in June 2019 that it intended to launch a multicurrency stablecoin, a new digital currency called Libra for general cross-border payment use. Indeed, one commentator has likened the impact of the Libra announcement on central banks to the sudden arrival off Tokyo harbour in 1853 of the ‘black ships of evil appearance’ - a modern, irresistible US fleet – that led quickly to the collapse of a centuries-old ruling system and to the opening up of Japan.

GenAI Dawns New Era In Industry 4.0, Says GlobalData

Date 26/10/2023

As the transformation towards Industry 4.0 reaches its peak, generative AI (genAI) is looking to redefine operational processes across diverse sectors. From custom automotive designs to optimized construction blueprints, genAI's capability to design, prototype, and support customers is marking a new dawn, says GlobalData, a leading data and analytics company.

BaFin: Violation Of Prospectus Requirement: Diagenics Group SE Is Not Permitted To Publicly Offer Its Shares

Date 26/10/2023

On 5 October 2023, the Federal Financial Supervisory Authority (BaFin) prohibited Diagenics Group SE from publicly offering its shares in Germany.

Market Data Vendors Raise Prices Aggressively In 2023 - Latest Substantive Research Analysis Reveals Opacity In Pricing And Price Rises Far Above Inflation In Market Data Despite Impending FCA Review

Date 26/10/2023

• Market Data renewal charges for ratings agencies and index providers are increasing significantly by 12%-13%; outliers remain, as a small number of providers are re-pricing clients by up to 600%.
• Substantive Research's previous study found that some consumers of index data were being charged more than 26 times more than others, by the same providers, for similar use cases. Today’s study shows that these aggressive percentage price increases are applied even to those paying much higher multiples, meaning their price inflation carries a much higher cost.
• This is set against the FCA’s belief that ‘there are reasonable grounds for suspecting that some features of the benchmarks, credit ratings data and Market Data Vendor services markets prevent, restrict or distort competition’.