June 12, 2018 BY Valentina Kirilova

Giulia Bertezzolo appointed general secretary of CONSOB

The attorney Giulia Bertezzolo has been appointed as general secretary of Commissione Nazionale per le Società e la Borsa (CONSOB), the Government agency announced earlier today. The new general secretary is an administrative attorney, specialised in financial regulation and administrative management. With high level education, which includes post-doctoral studies at the School of Law of…

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June 12, 2018 BY Valentina Kirilova

Finastra’s European instant payment solution available on Microsoft Azure

Finastra has just announced the commercial availability of its European instant payments solution on Microsoft Azure, Microsoft’s enterprise-ready, trusted cloud platform. The solution enables financial institutions and third-party providers to process SEPA SCT Inst payments in the cloud, via EBA CLEARING’s pan-European instant payments service, RT1. Vinay Prabhakar, Head of Market Strategy, Payments at Finastra,…

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June 12, 2018 BY LeapRate Staff

Swissquote part of Swiss group CMTA to set standards for blockchain technology in the capital markets

Leading actors from Switzerland's financial, technological, academic and legal sectors have announced the formation of a new associative body called the Capital Markets and Technology Association (or CMTA) to facilitate the use of blockchain in financial markets. The CMTA will provide a platform to create open industry standards around issuing, distributing and trading securities in…

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June 12, 2018 BY Valentina Kirilova

SIX Repo partners with Entris Banking AG

SIX has announced that since 11 June 2018, Entris Banking AG has been using the regulated trading platform of SIX Repo Ltd for its repo transactions. This new partnership means that Entris Banking AG can also offer its own clients, the Swiss regional banks, access to the repo market. With its repo market for Swiss…

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June 12, 2018 BY LeapRate Staff

Exclusive: Morgan Stanley sells 6% stake in Plus500 as shares soar

LeapRate Exclusive... LeapRate has learned via regulatory filings that US based investment banking giant Morgan Stanley (NYSE:MS) has cut its long-held position in FCA regulated CFD broker Plus500 Ltd (LON:PLUS) from 6% to under 3%. Morgan Stanley has been a long-term shareholder in Plus500, with its position in the company hovering at around 6% for…

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June 12, 2018 BY Valentina Kirilova

The Railway Bond returns to Shenzhen Stock Exchange

The Shenzhen Stock Exchange (SZSE) has informed that the 9th tranche of China Railway Construction Bond (the Railway Bond) shall be listed and traded both in the interbank market and stock exchanges. Successfully issued on June 6, the Railway Bond shall be listed in SZSE on June 11. The bond was offered with a 5-year…

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June 12, 2018 BY Valentina Kirilova

ASIC implements financial benchmark regulatory regime

Australian regulator ASIC announced that it has today finalised and published benchmarks rules, a significant benchmarks declaration, and a regulatory guide in a further series of measures towards establishing a comprehensive regulatory regime for financial benchmarks. This follows the establishment of a robust licensing regime for financial benchmarks through the recent passage of legislation through…

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June 11, 2018 BY Valentina Kirilova

TOCOM and HKEX sign MoU

Hong Kong Exchanges and Clearing Limited (HKEX) and Tokyo Commodity Exchange (TOCOM) have announced that they have today signed a Memorandum of Understanding (MOU) to further promote their cooperation through information exchanges, staff exchanges, product development and joint promotion. HKEX Chief Executive Charles Li said: The signing of the MOU marks the start of a…

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