News Centre

World Economic Forum: Big Tech, Not Fintech, Causing Greatest Disruption To Banking And Insurance Markets

Date 22/08/2017

• Fintech start-ups have fallen short of their ambitions to upend the competitive landscape in finance, driving innovation but failing to capture large market share, a new World Economic Forum report finds
• The competitive landscape in banking and insurance is being shaped increasingly by large technology firms supplying critical technology to the sector, opening the door to direct competition at a later stage
• Meanwhile, regulatory approaches to financial innovation are diverging in the US, Europe and Asia, potentially jeopardizing the likelihood of a concerted global response in a future financial crisis
• Download the full report here and watch the video here

CloudMargin Connects To The DTCC-Euroclear Global Collateral Margin Transit Utility - Enables Users To Take Advantage Of Straight-Through-Processing From Call Calculation To Settlement Of Collateral In Order To Streamline And Optimize Collateral Management Procedures

Date 22/08/2017

CloudMargin, the multi-award winning creator of the world's first web-based collateral and margin management solution, and DTCC-Euroclear Global Collateral Ltd. (GlobalCollateral), a joint venture of Euroclear and The Depository Trust & Clearing Corporation (DTCC), today announced that they have entered into an agreement to connect CloudMargin with GlobalCollateral's Margin Transit Utility (MTU). The agreement expands CloudMargin's settlement capability and enables users to access MTU from the cloud, fully automating the entire collateral lifecycle.

mai-Listed Firms Report Sales Up, Profit Down In H1

Date 22/08/2017

• H1 sales of mai-listed companies up 10.85 pct y-o-y to THB 71 bln
• Higher costs and sales expenses pulled earnings down 21.30 pct to THB 1.98 bln
• All industry groups posted sales rise, while Property & Construction, Services ,and Technology reporting both growing sales and net profits.

HKEX: Forfeiture Of Unclaimed Interim Dividend For 2011

Date 22/08/2017

Pursuant to the Articles of Association of Hong Kong Exchanges and Clearing Limited (“HKEX”), the unclaimed interim dividend for 2011 will be forfeited and will revert to HKEX on 6 October 2017.

Trade Interceptor Platform Now Serving As Core ThinkMarkets® Offering

Date 22/08/2017

ThinkMarkets®, the leading global broker in FX & CFDs, has successfully completed the full integration of Trade Interceptor. The leading mobile trading platform has been incorporated into the firm’s core infrastructure thus offering users a full suite of services.

EEX: Phelix-DE Contract Brings Confidence Back To German Power Market - Phelix-DE Contract Fast Becoming The New Benchmark Product For German Power With 49 TWh Traded Since Launch

Date 22/08/2017

In response to the impending split of the German/Austrian bidding zone, the European Energy Exchange (EEX) introduced the Phelix-DE product suite in April this year. While many regulatory details of the bidding zone split remain uncertain, the new Phelix-DE future, which has been widely welcomed by the market, is quickly establishing itself as the new benchmark product for German power,

SIX Financial Information Launches Tax And Regulatory Data Service For Belgian Stock Exchange Tax (TOB)

Date 22/08/2017

SIX Financial Information has launched a new tax and regulatory data service, enabling international banks to automatically allocate tax rates for securities subject to the Belgian TOB. The new service is commercially available now on a global basis. As part of the Belgian TOB, there is a new requirement for the tax on any transactions carried out by Belgian taxpayers through foreign banks to be reported to the authorities in Belgium. This means foreign banks that support a Belgian client base are having to explore how to offer the appropriate tax services to their clients.

ASIC Announces RegTech Showcase Event

Date 22/08/2017

ASIC has announced that it will hold a showcase event on regulatory technology (regtech) on 18 September 2017 in Sydney. With regtech at the top of the minds of both regulators and industry, ASIC believes that this event will stimulate engagement, explore the opportunities and barriers to regtech deployment and identify potential areas for collaboration.

AQMetrics Announces Appian And Macrosynergy As Latest Clients - Providing Support For AIFMD Annex IV Reporting And CPO-PQR Rules

Date 22/08/2017

AQMetrics, the award-winning provider of regulatory compliance and risk solutions, today announced the addition of two new clients, Appian Asset Management Limited (Appian) and Macrosynergy Partners LLP (Macrosynergy), to its growing client portfolio.

Latest Enforcement Report Outlines ASIC's Enforcement Outcomes From The First Half Of 2017

Date 22/08/2017

ASIC has today released its enforcement report for the period 1 January 2017 to 30 June 2017.