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Canadian Tire Bank Selects Temenos Open Platform To Gain Best-In-Class Digital Banking Capabilities
Date 18/05/2022
Temenos (SIX: TEMN) today announced that Canadian Tire Bank (CTB), the financial arm of Canadian Tire Corporation (CTC) – one of the largest Canadian retail companies – has selected Temenos open platform for composable banking to replace its legacy systems. Temenos will help power Canadian Tire Bank’s growth by delivering faster to market and richer digital experiences, boosting customer engagement and bottom-line revenue.
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ADX Facilitates Access To Growing Market Opportunities For Investors Registered In Other UAE Capital Markets
Date 18/05/2022
Abu Dhabi Securities Exchange (ADX) has announced that it is facilitating access to the exchange for investors registered on other UAE financial markets.
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UBM Development Selects ION Treasury’s ITS
Date 18/05/2022
ION Treasury, a global provider of treasury and risk management solutions for corporations, financial institutions, and central banks, today announced that UBM Development AG has selected ION Treasury’s ITS for its new treasury management system (TMS).
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Liquidity Suffered In Listed Energy And Commodity Markets During Recent Market Volatility: Acuity Avelacom Proprietary Trading Report 2Q22
Date 18/05/2022
Listed energy and commodity derivatives markets experienced major liquidity issues during the February volatility while crypto derivatives remained liquid, a new report has found.
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Tehran Stock Exchange IPO Platform, Main Reference For Issuers Information
Date 18/05/2022
Tehran Stock Exchange (TSE) was required to launch Initial Public Offerings (IPO) website according to the Admission and IPO Instructions, Article 6 in Tehran Stock Exchange via ipo.tse.ir portal.
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Monetary Authority Of Singapore And Steering Committee For SOR & SIBOR Transition To SORA: Consultation On Adjustment Spreads For The Transition Of Legacy SOR Contracts In Wholesale Markets
Date 18/05/2022
The Monetary Authority of Singapore (MAS) and the Steering Committee for SOR & SIBOR Transition to SORA
(SC-STS) today jointly announced an SC-STS consultation on adjustment spreads that will apply to legacy SOR business loans and derivatives. The consultation covers the setting of the MAS Recommended Rate to provide contractual certainty for SOR contracts that remain outstanding after 31 December 2024, and supplementary guidance to support the on-going transition of legacy SOR contracts in wholesale markets. -
New Zealand Financial Markets Authority: Fund Managers’ Inconsistent Performance Measurement And Cost Of Fees Reduces Benefits To Investors
Date 18/05/2022
The managers of New Zealand managed investment schemes (MIS or KiwiSaver/fund managers) are showing repeatable performance, relative to appropriate market indices. However, the benefits of their skill to investors in some funds is reduced by fees, and the costs of commission paid by managers to third parties.
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Amendments To The NZX Listing Rules And Guidance
Date 18/05/2022
NZX gives notice of amendments to the NZX Listing Rules (Rules) which were approved by the Financial Markets Authority (FMA) on 5 May, 2022, for the purposes of Rule 9.2.1. In order to support these rule changes, we are also providing notice of changes to certain Guidance Notes (described below).
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SIFMA Fixed Income Market Close Recommendations In The U.S., The U.K., And Japan For The U.S. Memorial Day Holiday
Date 17/05/2022
SIFMA confirmed its previous recommendations for the U.S., the U.K., and Japan in observance of the U.S. Memorial Day holiday.
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US Federal Agencies Announce Public Meeting On Proposed Acquisition By The Toronto-Dominion Bank Of First Horizon Corporation; Public Comment Period Extended
Date 17/05/2022
The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) today announced a joint public meeting on the proposal by The Toronto-Dominion Bank, Toronto, Ontario, Canada, to acquire First Horizon Corporation, Memphis, Tennessee.
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