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Global FinTech 4finance Deploys FICO AML And KYC Solution Across 10 Countries In Nine Months - Europe's Largest Online And Mobile Consumer Lender Wins FICO Decisions Award For Scale And Speed Of Compliance Program

Date 30/01/2018

Highlights:

• Fintech 4finance Group deployed FICO cloud solutions for anti-money laundering and know-your-customer compliance across 10 countries in nine months
• The compliance solutions are supported by less than one FTE per country, and have not impacted 4finance's promise to issue loans in 15 minutes
• 4finance Group has won a 2017 FICO Decisions Award for Regulatory Compliance
• 4finance Group is Europe's largest online and mobile consumer lender

Bank Of England: Gertjan Vlieghe Reappointed As An External Member Of The Monetary Policy Committee

Date 30/01/2018

The Chancellor, Philip Hammond, today announced that Dr Gertjan Vlieghe will be appointed for a second three-year term as an external member of the Monetary Policy Committee (MPC). His second term will start from 1st September 2018. 

RegTek.Solutions & Optimity Advisors Bring Regulatory Reporting Data To Life Through Analytics Partnership

Date 30/01/2018

RegTek.Solutions, today announced a partnership with Optimity Advisors, a global consulting firm, to bring data visualization and exception-based analytics to the regulatory reporting space. Pairing RegTek.Solutions’ actionable regulatory intelligence and proven compliance technology with a dynamic user experience developed by Optimity, clients can benefit from unprecedented levels of transparency and regulatory oversight.

EDHECinfra Reveals Industry Standard For Unlisted Infrastructure Benchmarks

Date 30/01/2018

Based on preferences expressed by major institutions in a new survey, EDHECinfra is releasing a taxonomy of global indices and sub-indices to structure the infrastructure asset class.

UK Financial Conduct Authority Urges Action On Interest-Only Mortgages

Date 30/01/2018

People with interest-only mortgages are being urged to contact their lender after the Financial Conduct Authority (FCA) found that many have still not talked to their lender about their repayment options.

AlixPartners Comments On Government Announcement Of £17m Fines For Cyber Breaches

Date 30/01/2018

AlixPartners comments on Government announcement of £17m fines for cyber breaches. Jon Rigby is Director of Cyber at AlixPartners, the global advisory firm.  He is a former Air Vice-Marshal whose last role was Director for Cyber, Intelligence and Information Integration at the MoD's Joint Forces Command

Dubai Financial Market: The Exchange Signs MoU With Dubai Economy To Implement The Initiative: DFM Brokers To Get Rating In An Initiative To Boost Capital Markets’ Service Excellence

Date 30/01/2018

• The Rating measures strengths and areas for improvement in various communication platforms between brokers and clients, ensuring companies’ achieving highest levels of efficiency and prompt customer service
• HE/ Essa Kazim: “The new initiative underlines DFM’s commitment to collaborate with its partners to embrace leadership’s vision and cope with expectations of market participants”
• Khalid Al Kassim: “Mystery Shopper programme of Dubai economy significant in benchmarking quality and excellence in Dubai”

Exchange Data International (EDI) Joins QuantHouse’s qh API Ecosystem - Delivering Quick And Easy Access To EDI Reference Data Services From Within The QH Ecosystem

Date 30/01/2018

QuantHouse, the independent global provider of end-to-end high performance market data and trading through API based technologies, today announced that Exchange Data International (EDI) is the latest provider to join the QuantHouse API Ecosystem.

Hong Kong's Securities And Futures Commission Provides Guidance On Best Execution

Date 30/01/2018

The Securities and Futures Commission (SFC) today issued a circular setting out guidance on the standards of conduct and internal controls the SFC expects of licensed corporations (LCs) in delivering best execution. This follows a thematic review of selected LCs which assessed the effectiveness and adequacy of arrangements for delivering best execution.

Shenzhen Stock Exchange Market Cultivation Services Documentary:Sparking Momentum, Where Original Aspiration Lies Sowing Hope, With All Heart And Soul

Date 30/01/2018

Hundreds of trees were cultivated, and more to be sowed. In 2017, under the leadership of China Securities Regulatory Commission (“CSRC”), the Shenzhen Stock Exchange (“SZSE”), with the aspiration of serving the real market in mind, conducted the market cultivation work that centered on facilitating China's economy transforming to high-quality development, firmly grasped the responsibilities and mission of multi-level capital markets of new era, proactively served supply-side structural reform focusing on key areas and key regions, steadfastly push forward the construction of market cultivation service system, fully supported the conversion of economic development kinetic energy, strived to sow hope and discover the future for the higher quality synergetic development of technological innovation and modern finance.