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Temenos Sets Sustainability Benchmark For Cloud-Native Core Banking With Microsoft - This Benchmark Shows The Advances In Temenos’ Leaner And More Sustainable Architecture To Handle The Variable Demands Of Digital Transactions While Supporting Banks To Meet Their Sustainability Goals
Date 15/05/2024
Temenos (SIX: TEMN) today announced the results of a sustainability benchmark for its cloud-native banking platform running on Microsoft Azure, demonstrating the efficiency to handle the variable demands of digital transactions while also supporting banks to meet their sustainability goals.
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Apex Group Expands Across The Middle East With New Kingdom Of Saudi Arabia Office
Date 15/05/2024
Global financial services provider, Apex Group, has launched a new office in the Kingdom of Saudi Arabia, further expanding its footprint across the Middle East.
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ASIC Welcomes Ministerial Determination To Progress Competition In Clearing And Settlement Reforms
Date 15/05/2024
ASIC welcomes the Government’s action to progress implementation of rules for competition in clearing and settlement.
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ASIC Announces 30 June 2024 Focus Areas And Expanded Program To Support Financial Reporting And Audit Quality
Date 15/05/2024
ASIC today has outlined an expanded program of work to enhance the integrity and quality of financial reporting and auditing in Australia in achieving the broader goal of confident and informed investors.
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US Federal Agencies Announce Public Meeting On Proposed Acquisition By Capital One Of Discover - Public Comment Period Extended
Date 14/05/2024
The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) today announced a joint public meeting on the proposal by Capital One Financial Corporation, of McLean, Virginia, to acquire Discover Financial Services, of Riverwoods, Illinois. The proposal includes the merger of Discover Bank, of Greenwood, Delaware, into Capital One, National Association, of McLean, Virginia.
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Concurring Statement Of CFTC Commissioner Caroline D. Pham On Novel U.S. Location Test And FCM Registration
Date 14/05/2024
I respectfully concur on In re Falcon Labs Ltd. because the cross-border issues raised in this matter re-open decades of settled Congressional intent and well-established Commission interpretation of the Commodity Exchange Act’s (CEA) extraterritoriality and cross-border application to foreign futures and options transactions and the futures commission merchant (FCM) registration requirement, as well as to swaps activity outside the United States. These are cross-border issues that have vast implications for the over $700 trillion notional global derivatives market and the potential to disrupt legitimate activity of multinational trading firms and the end-users that depend on derivatives markets for hedging and risk management. I believe the Commission’s unprecedented interpretation today in an administrative order constitutes a legislative rule that requires notice-and-comment rulemaking pursuant to the Administrative Procedure Act (APA) because it may impose new CFTC registration and trading requirements on scores of non-U.S. legal entities.
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Nasdaq Announces 2024 Annual Meeting Of Shareholders
Date 14/05/2024
Nasdaq, Inc. (Nasdaq: NDAQ) has scheduled its 2024 Annual Meeting of Shareholders forJune 11, 2024 , at8:00 AM ET . The virtual meeting website can be accessed 15 minutes prior to the meeting start by visiting: www.virtualshareholdermeeting.com/NDAQ2024. -
Supervision And Regulation, Federal Reserve Vice Chair For Supervision Michael S. Barr, Before The Committee On Financial Services, U.S. House Of Representatives, Washington, D.C.
Date 14/05/2024
Chairman McHenry, Ranking Member Waters, and other members of the Committee, thank you for the opportunity to testify on the Federal Reserve's supervisory and regulatory activities. Accompanying my testimony is the Federal Reserve's semiannual Supervision and Regulation Report. Today, I will discuss current conditions in the banking sector, supervisory activities, and some of our recent regulatory proposals.
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Robinhood Markets, Inc. To Present At The J.P. Morgan Global Technology, Media And Communications Conference On May 21, 2024
Date 14/05/2024
Robinhood Markets, Inc. (“Robinhood”) (NASDAQ: HOOD) today announced that it will be participating in the upcoming J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 21, 2024.
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SEC Seeks Candidates For Small Business Capital Formation Advisory Committee
Date 14/05/2024
The Securities and Exchange Commission is seeking candidates to fill a limited number of vacancies on the agency’s Small Business Capital Formation Advisory Committee, which provides advice and recommendations to the Commission on rules, regulations, and policy matters relating to small businesses.