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Bank Of England: Update To Level A Collateral Pricing In The Indexed Long-Term Repo - Market Notice 1 September 2022

Date 01/09/2022

This Market Notice notifies Participants that the minimum spread to Bank Rate for bids against Level A collateral in Indexed Long-Term Repo operations will increase from 0 basis points to 3 basis points. The date at which this change will take effect will be confirmed in due course.

London Stock Exchange Group Plc - Total Voting Rights

Date 01/09/2022

The following notification is made in accordance with Rule 5.6 of the FCA's Disclosure Guidance and Transparency Rules.

stoxdc.com: BaFin investigates Heimdall Developments Ltd

Date 01/09/2022

In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – KWG), BaFin would like to make clear that Heimdall Developments Ltd does not have authorisation under the KWG to conduct banking business or provide financial services. The company is not supervised by BaFin. The information provided on the company’s website, stoxdc.com, gives reasonable grounds to suspect that Heimdall Developments Ltd is conducting banking business and providing financial services in Germany without the required authorisation.

Update On Responsible Sourcing Reporting For LME-Listed Brands

Date 01/09/2022

This notice provides an update on LME responsible sourcing – progress to date, and detail on next steps.

Bank Of England: Asset Purchase Facility: Gilt Sales – Market Notice 1 September 2022

Date 01/09/2022

Market notice

This Market Notice sets out the operational arrangements that the Bank of England (the Bank) intends to apply to the sale of gilts held in the Asset Purchase Facility (APF), as and when the Monetary Policy Committee (MPC) votes to commence gilt sales. It covers: (1) the Bank’s approach to gilt sales; (2) operating parameters; (3) participation; and (4) gilt lending. 

paragon GmbH & Co. KGaA: BaFin Imposes Administrative Fine

Date 01/09/2022

On 23 August 2022, BaFin imposed an administrative fine amounting to 75,000 euros on paragon GmbH & Co. KGaA.

Boerse Stuttgart Records August Turnover Of Around EUR 6,8 Billion - Securitised Derivatives Show Increase In Trading Volume Compared To The Same Month Of The Previous Year

Date 01/09/2022

Based on the order book statistics, Boerse Stuttgart generated turnover of around EUR 6,8 billion in August.

FTSE Russell: Straits Times Index (STI) Quarterly Review

Date 01/09/2022

• One change to the constituents of the STI

Flutterwave Secures Switching And Processing License, Nigeria's Highest Payments Processing License

Date 01/09/2022

Flutterwave, Africa's leading payments technology company has been granted a Switching and Processing License by the Central Bank of Nigeria (CBN)—widely regarded as CBN's most valuable payments processing license. This license allows Flutterwave to offer transaction switching and card processing services to customers. Others include non-bank acquiring, agency banking and payment gateway services. 

Metropolitan Gives End-Users Power Over Data With Duco’s Data Automation Platform - Firm Replaces Reconciliation Tool That Required Extensive Developer Support In Favour Of Self-Service, No-Code Platform

Date 01/09/2022

Duco, a leading cloud-based data automation company, today announced that Momentum Metropolitan, a South African financial services group, have reduced reliance on manual work, demised a legacy solution and empowered end-users to handle day-to-day reconciliation tasks thanks to Duco’s intuitive and agile cloud-based data automation platform.