News Centre

United Arab Emirates Shows Stellar Growth In RMB Adoption - Special Edition Of SWIFT’s RMB Tracker For Sibos 2016 Shows New Frontiers For RMB Internationalisation In Europe, Middle East And Africa (EMEA)

Date 27/09/2016

Data from SWIFT’s latest RMB Tracker shows exceptional growth in RMB adoption in the United Arab Emirates (UAE) witnessing a 210.8% growth in payments value of the currency since August 2014, albeit from a low base. More than 80% of the direct payments made between the UAE and China/Hong Kong in August 2016 were in CNY, representing one of the highest increases worldwide.

Abu Dhabi Global Market Collaborates with Jordan Securities Commission

Date 27/09/2016

The Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) and Jordan Securities Commission (JSC) signed an agreement (MoU) on 26 September 2016 to enhance regulatory cooperation and foster cross-border activities. The MoU establishes a framework for both Authorities to co-operate on supervisory matters and exchange of information to maintain the stability and well-being of the financial systems in each respective capital market.  This agreement further complemented and strengthened the existing relationship between ADGM and JSC.

Luxembourg Makes Bold Move Ahead Of COP22 - Llaunches First Green Exchange In The World

Date 27/09/2016

The Luxembourg Stock Exchange (LuxSE) becomes the first stock exchange globally to introduce a platform for green financial instruments. Branded Luxembourg Green Exchange (LGX), it goes live today. Access is limited to issuers who comply with stringent eligibility criteria. The platform aims to set a new benchmark for the rapidly evolving green securities market.

UBS MTF Market Notice: Symbology Issue- Resolved

Date 27/09/2016

Further to notice N14, the reference data issue previously reported has now been resolved.

SWIFT Expands FX Portfolio With New Business Insights Information Service - HSBC Is First To Adopt The New Service, Which Provides For The Ability To Measure Performance Over Time Based Upon Activity Share

Date 27/09/2016

SWIFT announces today that HSBC is the first customer to use its new FX Business Insights information service. The new FX service from SWIFT allows its customers to continuously measure their FX business performance and make more informed strategic decisions, based on metrics derived from actual transactions rather than survey-based information.

Kuflink Integrates Contego’s Multi-Source Identity Verification And Risk-Scoring Platform To Carry Out AML Checks

Date 27/09/2016

Contego, the multi-source identity verification and risk-scoring platform, today has been appointed byKuflink, the peer-to-peer lending platform, where loans are secured against UK based property, to carry out checks on individuals to help ensure compliance with Anti-Money Laundering (AML) regulation.

Boat Adds Innovative Insurance Offering To Increasing Portfolio Of Services

Date 27/09/2016

• Boat Oasis - the latest shared service specifically designed for the insurance industry
• Partnering with member owned not-for-profit company Oasis LMF 
• Ten managing agents supporting the first offering of hurricane and earthquake models

Vienna Stock Exchange Strongly Positioned As Trading System Service Provider For 5 Exchanges And 169 Trading Firms

Date 27/09/2016

As trading system service provider for five stock exchanges in the region, the Vienna Stock Exchange has been hosting its yearly partner exchange conference “PeXcon” in Vienna. 22 stock exchange experts from five countries met in Vienna on 26 and 27 September 2016 for a two day know-how exchange. The program features update sessions on all technical and regulatory innovations coming up in 2017. Representatives from the partner exchanges use the interactive format to also present novelties on their respective markets.

ICE Clear Singapore Announces J.P. Morgan As A New Clearing Member

Date 27/09/2016

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that J.P. Morgan has been approved as a clearing member for ICE Clear Singapore, effective immediately.

Accuity Simplifies KYC With New Ultimate Beneficial Ownership Data

Date 27/09/2016

Understanding the risk that a financial counterparty represents to a financial institution is critical in deciding whether to continue to do business with an existing counterparty or to form a relationship with a new one. Having sight of the entities and individuals with an owning interest in a bank or financial institution (FI) is essential if they are to avoid dealing with sanctioned entities and comply with new regulations.