Clearstream
July 17, 2025 BY Sam Boughedda

Carlyle and Clearstream Partner to Broaden Access to Private Market Funds

The companies said in a press release that the move will simplify the process of investing in private markets and broaden access for wealth managers and their clients. They explained that by leveraging Clearstream Fund Services’ platform, Carlyle will gain exposure to more than 300 distribution partners, including major global wealth managers with strong footprints…

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financial buildings
July 17, 2025 BY Sam Boughedda

Fastmarkets Completes Annual Assurance Review, Reinforces Commitment to IOSCO Compliance

The review, conducted by BDO and completed as of June 30, 2025, assessed Fastmarkets’ methodologies and governance across key price assessments and indices spanning metals and mining, forest products, and agricultural markets.  It also included benchmarks administered by Fastmarkets Benchmark Administration Oy (FBA Oy), the group’s Finland-based entity responsible for EU Benchmark Regulation (BMR) compliance.…

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July 16, 2025 BY Sam Boughedda

Worldline Unveils AI-Powered Routing to Lift Payment Authorisation Rates

The Paris-based payments giant said on Wednesday that its AI routing solution, now live following successful pilot programmes, delivers a more than 2% improvement in authorisation rates, building on the 3% uplift already achieved through rule-based routing alone.  They noted that one pilot customer reported a revenue increase of €1.63 million from higher authorisation rates…

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July 16, 2025 BY Sam Boughedda

eToro Expands into Singapore After Securing Capital Markets Services Licence

The move marks a key milestone in eToro’s strategy to expand its presence across Asia-Pacific.  The company stated that with the licence now in effect, eligible retail investors in Singapore can access a broad range of financial instruments through eToro’s platform, including stocks from over 20 global exchanges, exchange-traded funds, and derivatives. “This is an…

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July 15, 2025 BY Sam Boughedda

JPMorgan Fined by FINRA, Ordered to Pay Over $2 Million

FINRA found that between January 2017 and December 2018, JPMS failed to maintain a supervisory system capable of identifying whether its representatives were recommending unsuitable short-term trades in syndicate preferred stocks to retail customers.  The regulator said that at least 15 JPMS representatives were found to have advised customers to buy and then sell these…

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financial buildings
July 15, 2025 BY Sam Boughedda

Euroclear Unveils Plan to Establish a 'True Single Market for Post-Trade Services'

The plan is expected to support the EU’s Savings and Investments Union (SIU) goals by enabling cross-border market access, fostering competition, and encouraging innovation.  It builds on Euroclear’s model, which combines its international central securities depository (Euroclear Bank) with six local CSDs. Valérie Urbain, CEO of Euroclear, said: “The key to more liquid and effective…

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Torstone Technology expands its London headquarters
July 15, 2025 BY Sam Boughedda

Corpay Launches Corpay Complete Platform in the UK

The move aims to help finance teams streamline operations and reduce cost and complexity, given that they are “under growing pressure to do more with less,” said the company. Already in use across the US, Corpay Complete integrates accounts payable, expenses, domestic and international payments, and FX into a single platform tailored for UK businesses. …

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FINRA building
July 14, 2025 BY Sam Boughedda

FINRA Fines Cantor Fitzgerald for Regulation Notification Failures

Between 2017 and 2022, the regulator claims Cantor submitted dozens of untimely or inaccurate filings to FINRA regarding its intent to engage in syndicate covering transactions and trading activities.  According to FINRA, the firm violated several rules, including Regulation M Rule 104 and FINRA Rules 2010 and 5190, by failing to notify regulators in a…

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