News Centre

HKEX Celebrates Launch Of Swap Connect

Date 15/05/2023

Hong Kong Exchanges and Clearing Limited (HKEX) today (Monday) celebrated the launch of Swap Connect, the new mutual access programme between Hong Kong and Mainland China’s interbank interest rate swap markets, with a ceremony held at HKEX Connect Hall and in Beijing. HKEX, through its clearing subsidiary OTC Clear, has been working with China Foreign Exchange Trade System (CFETS) and Shanghai Clearing House (SHCH) to support the trading and clearing of Swap Connect, which is launching initially with a Northbound channel.

Bank Of England: Transforming Data Collection – Data Standards Committee Meeting – 24 November 2022

Date 15/05/2023

The Data Standards Committee will serve as a forum for relevant stakeholders including reporting firms, trade bodies and relevant standard setting bodies to propose solutions in the area of data standards.

Tradeweb Executes First Swap Connect Transactions In Collaboration With CFETS - Becomes First Trading Platform To Support Both RFQ And CTT Execution In CNY IRS

Date 15/05/2023

Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced it has facilitated its first transactions on Swap Connect, China’s new electronic trading channel for CNY interest rate swaps (IRS), and it is currently the only international electronic trading platform that supports both request-for-quote (RFQ) and click-to-trade (CTT) execution protocols. Having previously collaborated with the China Foreign Exchange System (CFETS) to design and launch Northbound Bond Connect, CIBM Direct Link and Southbound Bond Connect, Tradeweb has teamed up again with CFETS to internationalise CNY IRS with the delivery of Swap Connect.

NTT Data Payment Services Partners With Facctum For High Performance Anti-Financial Crime Technology - FacctView Will Be Integrated Into NTT Data Payment Services' Anti-Financial Crime Controls, Increasing Compliance Effectiveness In The Face Of Evolving Risks And New Regulations

Date 15/05/2023

Facctum has announced that FacctView^TM, a new screening platform, has been chosen by NTT Data Payment Services to expand its anti-financial crime defenses. This new technology will support NTT Data Payments Services’ e-commerce platforms by detecting and assessing sanctions, terrorism financing and money laundering risk in consumer transactions. The deal provides NTT Data Payment Services with high-performance counter measures to the threats posed by criminals attempting to commit financial crimes. 

UK Financial Conduct Authority Censures Lighthouse Advisory Services Limited For Serious Failings In Relation To The British Steel Pension Scheme And £23m Paid Out In Redress

Date 15/05/2023

The Financial Conduct Authority (FCA) has censured Lighthouse Advisory Services Limited (Lighthouse) for the unsuitable advice given during the period 1 April 2015 to 30 April 2019 to people looking to transfer out of defined benefit pension schemes, including to members of the British Steel Pension Scheme (BSPS). During this period, Lighthouse advised 1,567 customers, 262 of whom were members of the BSPS.

Saudi Arabia Capital Market Authority: Highlighting Unprecedented Records In Legislative And Developmental Aspects The Capital Market Authority Issues Its Annual Report 2022

Date 15/05/2023

The Capital Market Authority (“CMA") has released its annual report for the financial year 2022, showcasing a range of strategic objectives achieved and unprecedented records hit across various regulatory, legislative, and developmental aspects.

DIFC Records Promising Growth in Q1 2023 Welcoming International Powerhouses Apple, Baker McKenzie, JLL and Stryker to Dubai

Date 15/05/2023

• A total of over 3,000 leading international non-financial firms active in DIFC
• International calibre and variety of Q1 non-financial firms establishing in DIFC, reaffirms its position as a global leader with breadth and depth in the most recent Global Financial Centres Index

Highlighting Unprecedented Records In Legislative And Developmental Aspects, The UAE Capital Market Authority Issues Its Annual Report 2022

Date 15/05/2023

The Capital Market Authority (“CMA") has released its annual report for the financial year 2022, showcasing a range of strategic objectives achieved and unprecedented records hit across various regulatory, legislative, and developmental aspects.

Hong Kong Securities And Futures Commission Welcomes Appointment Of Executive Director

Date 15/05/2023

The Securities and Futures Commission (SFC) welcomes the appointment by the Financial Secretary of Ms Lisa Chen as Executive Director (Legal Services) for a term of three years effective from 22 May 2023.

Capital.com’s Australia CEO Laura Lin Named Top 25 Women Leaders In Technology - The Company’s Australian Business Reports Over 1300% Rise In Client Trading Volumes In 2022

Date 15/05/2023

Capital.com, the high-growth global fintech for the leveraged trading industry has today announced that its Australian Chief Executive Officer (CEO), Laura Lin, has been named one of the Top 25 Leaders in Financial Technology by the Financial Technology Report 2023. Laura Lin was recognised for her proven ability to lead others, her expertise and overall impact on the fintech sector.