Globitex Holding (Latvia) group company NexPay UAB has announced that it has been granted an e-money license (EMI) by the Bank of Lithuania to carry out payment services and e-money issuance in the EU. The newly-issued EMI licence is fully ‘passportable’ to all other EU member states, allowing NexPay to provide clients with payment services…
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Another news today from LCH, as the company announced that it has extended its RepoClear service in LCH SA, its continental Europe-based entity. The Paris-based clearing house is now offering clearing for cash and repo trades on Belgian government bonds. Belfius Bank and KBC Bank were among the first members to clear the new product…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Michael Ullrich Hartmann. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics…
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FTSE Russell, the global index, analytics and data provider, announced the expansion of its Sustainable Investment index offering with the launch of the FTSE Global Climate Index Series and the FTSE ESG Index Series. The new index series build on the launch of the award-winning FTSE All-World ex CW Climate Balanced Factor Index, the first…
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Singapore Exchange (SGX) plans to make changes in the clearing and settlement of securities in the Singapore stock market. The changes proposed today are aimed at reducing systemic risks and aligning the clearing and settlement processes of the Singapore market with global practices. They will also strengthen Singapore’s position as an international financial centre,” said…
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The following article was written by Adinah Brown, content manager at Leverate. The success of your brokerage, no matter how good your marketing and acquisition funnel is, will be pinned to the quality of your trading platform. But with their being so many platforms on the market, choosing the right one is not an easy task.…
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The Financial Conduct Authority (FCA) has issued a statement of objections to four asset management firms: Artemis Investment Management LLP, Hargreave Hale Ltd, Newton Investment Management Limited, and River & Mercantile Asset Management LLP. The FCA believes the four firms may have broken competition law. The FCA alleges that the four firms shared information by…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the firm Taylor & Clark / Taylor and Clark / TC Wealth. Taylor & Clark / Taylor and Clark / TC Wealth is not authorised by the FCA…
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LCH Ltd, a global clearing house, announced that it has established deposit and liquidity facilities with Sveriges Riksbank, the central bank of Sweden. LCH is now able to settle its Swedish Krona payments via RIX, the central bank’s Real Time Gross Settlement (RTGS) platform. LCH is also a direct member of RIX. Provides LCH’s UK…
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STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today announced the new composition of STOXX Benchmarks and their sub and sector indices, among them the STOXX Europe 600 Index, STOXX North America 600 Index and STOXX Asia/Pacific 600 Index. Effective as of the…
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