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  • Digital Trade And Data - Evidence Submitted By TheCityUK - Evidence Submitted By TheCityUK To The UK House Of Commons International Trade Committee Inquiry Into Digital Trade And Data

    Date 26/02/2021

    This Evidence is offered in response to the House of Commons International Trade Committee inquiry into Digital Trade and Data. TheCityUK represents the UK-based financial and related professional services (FRPS) industry – an industry that contributes nearly 10% of the UK’s total economic output and employs over 2.3 million people, with two-thirds of these jobs and half the exports coming from outside London. It is the UK’s largest taxpayer and biggest exporting industry and generates a trade surplus greater than all other UK net exporting industries combined.

  • UK Government Completes Final £5 Billion Sale Of Bradford & Bingley Plc And NRAM Limited

    Date 26/02/2021

    A £5 billion sale of Bradford & Bingley plc and NRAM Limited (formerly Northern Rock) and their remaining loans, acquired by the taxpayer as a result of the financial crisis, has been announced today, 26 February.

  • Deutsche Börse Successfully Completes Acquisition Of ISS, Strengthening The Focus On Sustainable Investing

    Date 26/02/2021

    • Completion of 81% majority stake acquisition of Institutional Shareholder Services (ISS)
    • Deutsche Börse becomes a leading global market infrastructure player on the critical development towards more sustainable investing 
    • ISS’ data and research businesses are highly complementary to Deutsche Börse’s entire value chain
    • ISS research offering to retain full editorial independence; ISS not to provide research or analyses on Deutsche Börse 

  • ESMA Consults On Regulating Crowdfunding

    Date 26/02/2021

    The European Securities and Markets Authority (ESMA), the EU securities markets regulator, has today launched a consultation on draft technical standards on crowdfunding under the European crowdfunding service providers regulation (ECSPR).

  • LedgerEdge Responds To The Khalifa Review On UK FinTech

    Date 26/02/2021

    David Nicol, CEO of LedgerEdge, a London-based fintech building a new corporate bond platform with distributed ledger technology, commented on the Khalifa Review: 

    “We are happy to see this call to accelerate investment and create a vibrant ecosystem for UK fintech startups. There’s a global arms race for talent and money in fintech, and we welcome the UK’s response to the challenge of providing a thriving environment for our exciting sector.”