News Centre

UK Financial Conduct Authority Seeks Re-Trial In Insider Dealing Case

Date 22/06/2022

The Financial Conduct Authority will pursue a re-trial of Stuart Bayes and Jonathan Swann for insider dealing offences.

UK Financial Conduct Authority Fines Insurance Broker JLT Specialty Limited £7.8m For Financial Crime Control Failings

Date 22/06/2022

The Financial Conduct Authority (FCA) has fined JLT Specialty Limited (JLTSL) £7,881,700 for financial crime control failings, which in one instance allowed bribery of over $3m to take place.

Instinet Taps Globacap To Deliver Innovative Private Investment Platform: "Instinet DealMatch"

Date 22/06/2022

Instinet Incorporated ("Instinet") announced this week that it launched "Instinet DealMatch", an electronic private investment platform for institutional investors in Europe. Built using Globacap's innovative capital markets technology, which has enabled frictionless asset creation and transferability, Instinet DealMatch digitises and automates the private equity deal process.

HKEX Launches New Research Funding Scheme

Date 22/06/2022

• New funding scheme to support innovative research projects that connect today with tomorrow
• Run in partnership with Hong Kong’s universities and focused on supporting projects in finance, business, biotechnology, green finance and ESG

CoinLoan Partners With Elliptic To Bring New Levels Of Crypto Security To Customers

Date 22/06/2022

CoinLoan, the only EU-licensed provider of crypto-loan products, has announced a new partnership with Elliptic, the global leader in cryptoasset risk management. As adoption and investment into crypto continues to increase, so does the risk of cybercrime. The range of cryptoassets and currencies is growing daily and with cybercriminals becoming smarter and devising new schemes to strip investors of their digital assets, it is imperative that crypto platforms such as CoinLoan provide users with industry-leading security. For this reason, CoinLoan has partnered with Elliptic, giving its users increased peace of mind that their loans and investments are safe from scammers.

Finastra And ITC Infotech Extend European Partnership To Deliver Treasury Automation In The Cloud - Users Benefit From Rapidly Deployed, Cloud-Hosted, Treasury As A Service

Date 22/06/2022

Finastra today announced a strategic partnership with ITC Infotech to deliver Finastra’s Fusion Kondor cloud-based Treasury as a Service solution to its growing customer base in Europe. Customers will benefit from increased automation of treasury services, an evergreen system that keeps pace with regulatory change, and rapid time to go-live for new features and functionalities. The partnership strengthens Finastra’s long standing relationship with ITC Infotech.

Eurex Launches First Futures On Thematic Indices

Date 22/06/2022

• Contracts are based on STOXX Thematic Indices
• New segment extends Eurex’ leading role in sector and ESG derivatives
• Complementing the eco-system for thematic investing

Bank Of Japan Review Progress Toward Resolvability To Address TBTF Problem

Date 22/06/2022

Financial Services Agency, Bank of Japan and Deposit Insurance Corporation have jointly published Bank of Japan Review that focuses on the resolution of global systemically important banks (G-SIBs) and highlight the progress toward resolvability in Japan to address the Too-Big-To-Fail (TBTF) problem since the publication of the Key Attributes of Effective Resolution Regimes for Financial Institutions by the Financial Stability Board in 2011.

AutoRek Appoints New CTO Andrew Elmore

Date 22/06/2022

Andrew Elmore has been appointed as Chief Technology Officer at AutoRek. Elmore comes with significant experience as CTO of PagoFX and in C24 Technologies during its sale to Gresham in 2016. He has extensive financial services knowledge gained from previous roles including Head of Technical Architecture at PagoNxt, VP Engineering at Velo Payments and heading up development at SmartStream.

Trading Platform investirex.com: BaFin Expands Investigations

Date 22/06/2022

BaFin published a notice on its website to inform the public that it had opened supervisory investigations into Castan Holdings LTD, Saint Vincent and the Grenadines, as the operator of the trading platform investirex.com.