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  • TMX Datalinx Announces Production Date For Distribution Of Term CORRA Reference Rates

    Date 10/08/2023

    TMX Datalinx®, TMX Group’s information services division, today  announced the production date of September 5, 2023, for the distribution of new Term CORRA (Canadian  Overnight Repo Rate Average) reference rates.  

  • Supervisory Cooperation In The Fight Against Financial Crime Is Improving, The EBA Finds

    Date 10/08/2023

    The European Banking Authority (EBA) today published its third Report on the functioning of anti-money laundering and countering the financing of terrorism (AML/CFT) colleges. The Report finds that competent authorities had taken important steps to improve the functioning of AML/CFT colleges. Nevertheless, many colleges had not reached full maturity. The Report highlights good practices that will be useful for competent authorities to further improve the effectiveness of AML/CFT colleges and of supervisory outcomes.

  • The Healing Company Inc., New York: BaFin Imposes Administrative Fines

    Date 10/08/2023

    On 15 March 2023, the Federal Financial Supervisory Authority (BaFin) imposed administrative fines totalling 600,000 euros on The Healing Company Inc., New York. The fine was imposed due to the company’s failure to comply with obligations under the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). The company had failed to submit voting rights notifications within the prescribed period.

  • EGX Holds A Promotional Event In New Alamein City On August 18th

    Date 10/08/2023

    The Egyptian Exchange (EGX) organized three panel discussions on the impact of financial technology on the capital market ecosystem in particular and non-banking financial activities in general.

  • Beyond Doing Good: Why ESG Makes Great Business Sense For African FinTechs, By Funmi Dele-Giwa, General Counsel & Head, GRC At MFS Africa

    Date 10/08/2023

    If you’re reading this, there’s a very good chance you’re already familiar with the acronym ESG. Standing for “environmental”, “social”, and “governance”, it’s a constantly evolving standard that emphasises the importance of doing business in a way that positively impacts the environment, society and stakeholders. In essence, it’s the idea that companies can grow and profit while doing good and it encourages businesses to be more transparent about how they add to or create value for their society, community and/or stakeholders.