News Centre

London Top Global Financial Centre As New Regulations Send Positive Signals To Businesses, Research Finds

Date 24/01/2024

London has retained its crown as the top global financial centre as New York City slips to second position, new figures published by the City of London Corporation reveal.

FSB Sets Out 2024 Work Programme

Date 24/01/2024

• The FSB will monitor vulnerabilities and support global cooperation in a rapidly changing environment, including through its work programme for enhancing the resilience of non-bank financial intermediation (NBFI).
• One focus of FSB work in 2024 will be to promote the full implementation of the Key Attributes of Effective Resolution Regimes for Financial Institutions across all sectors work on resolution, including addressing the lessons learned from the March 2023 banking turmoil.
• Another focus area is harnessing the benefits of digital innovation while containing its risks. The FSB will take forward implementation of its global regulatory and supervisory framework for crypto-asset activities and continue to monitor the financial stability implications of other digital innovations, including tokenisation and artificial intelligence (AI).

Worldline And Commerzbank Expand Partnership To Include Instant Payments In Switzerland

Date 24/01/2024

Worldline [Euronext: WLN], a global leader in payment services, is further expanding and enriching its partnership with Commerzbank. This extension enables Commerzbank to offer its customers in Austria, France, Italy, the Netherlands, Spain and the United Kingdom the sending and receiving of real-time transfers in euros. It is also possible to process instant payments in Switzerland in Swiss francs. Instant payments are processed via the scalable Payments Back-Office processing platform from Worldline that was previously integrated into Commerzbank's banking systems.

R3 Launches New DLT Product Suite And Appoints Kate Karimson As Chief Commercial Officer

Date 24/01/2024

• New Corda-based product suite, R3 Digital Markets, lowers barriers to entry for DLT in regulated markets 
• Delivers ease of use, operational efficiency and rapid time to market
• Kate Karimson appointed as Chief Commercial Officer 

CLS Welcomes Additional Japanese Manufacturing Company To CLSSettlement

Date 24/01/2024

CLS, a financial market infrastructure group delivering settlement, processing and data solutions, today announced that DIC Corporation (DIC) is the third Japanese manufacturing company to indirectly access CLSSettlement as a third-party participant.

Saxo Bank Appoints John Carmichael As Chief Risk And Compliance Officer

Date 24/01/2024

Today, Saxo Bank has announced the appointment of John Carmichael as Chief Risk and Compliance Officer and member of the Board of Management and Executive Team.

Spectrum Markets Order Book Turnover Hit €3.62bn In Record Year

Date 24/01/2024

• 2023 order book turnover grew 9% on 2022
• Volume of securities traded reached 1.62bn, an increase of 14% on 2022
• Milestone achievements set the groundwork for future growth

Elwood Receives Authorization As A Service Company From UK Financial Conduct Authority - Becomes One Of The First Digital Asset Technology Providers To Receive FCA Regulatory Approval As A Service Company

Date 24/01/2024

Elwood Technologies LLP ("Elwood" or "the Company"), a leading software-as-a-service ("SaaS") platform that provides institutional-grade access to digital asset exchanges and liquidity venues, today announced it has been authorised as a service company by the UK Financial Conduct Authority ("FCA"). This authorization applies to Elwood's execution management system ("EMS") in relation to security tokens and derivatives. The Company's EMS platform allows clients to connect to global crypto exchanges and OTC venues, through a single application or API, to trade digital assets.

BNP Paribas Personal Finance Partners With SuperTech To Launch UK Fintech Incubator - Innovation Lab Tackles Data-Led Financial Services Challenge

Date 24/01/2024

BNP Paribas Personal Finance has joined forces with SuperTech, in collaboration with STEAMhouse as the delivery partner, to unveil the Innovation Lab – aimed at addressing data-led challenges in the financial services sector.

Tokyo Stock Exchange: Results Of The English Disclosure Implementation Status Survey As Of The End Of December 2023

Date 24/01/2024

Tokyo Stock Exchange, Inc. (TSE) has promoted English disclosure by listed companies in order to enhance convenience for overseas investors and enable them to make appropriate investment decisions based on the disclosed information. As part of this effort, since 2019, TSE has been conducting surveys on the English disclosure implementation status of listed companies and providing a list of the results on its website to a wide range of people including overseas investors.