October 06, 2017 BY Valentina Kirilova

Global merchants welcome new-generation Chinese tourists with UnionPay card services

6 million Chinese tourists are expected to visit foreign countries during the Golden Week from October 1. According to the latest analysis of China Tourism Academy, compared with previous years, the new-generation Chinese tourists of outbound tourism, instead of spending much time in shopping, they prefer activities such as self-driving, performance, special food and entertainment…

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October 06, 2017 BY Valentina Kirilova

MAS to enhance the cyber resilience of Singapore’s financial sector

The Monetary Authority of Singapore's (MAS) Cyber Security Advisory Panel (CSAP) announced that has discussed strategies to enhance the cyber resilience of Singapore’s financial sector, at its inaugural meeting on 5-6 October. The discussions covered areas ranging from regulatory guidance, supervision, and surveillance to information sharing and capability development. The list of CSAP members who…

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October 06, 2017 BY Valentina Kirilova

Ullink first vendor to provide connectivity to A2X

Ullink, a global provider of electronic trading and connectivity solutions to the financial community, just announced that it has certified a new market gateway for A2X. A2X brings competition to the South African equities market for the first time through the provision of a trading platform at reduced transaction costs with outstanding performance. Ullink was…

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October 06, 2017 BY Valentina Kirilova

ICBC (London) Plc to extend AxiomSL deployment to support trade & transaction reporting

AxiomSL, the global provider of regulatory reporting and risk management solutions, announced today that Industrial and Commercial Bank of China (ICBC) (London) plc has selected AxiomSL’s strategic platform for its Markets in Financial Instruments Directive II (MiFID II) transaction reporting solution. This is the third time ICBC (London) plc has expanded its use of AxiomSL’s…

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October 06, 2017 BY Valentina Kirilova

SIX Exchange Regulation issues an investigation against Banque Cantonale de Genève

SIX Exchange Regulation just announced that has opened an investigation against Banque Cantonale de Genève on account of a possible breach of regular reporting obligations. SIX Exchange Regulation, which monitors and enforces issuer obligations on behalf of SIX Swiss Exchange Ltd, opened an investigation against Banque Cantonale de Genève on 4 October 2017 on account…

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BIS announces key appointments in Singapore and Switzerland
October 06, 2017 BY Valentina Kirilova

MGEX announces Board of Directors election results

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announced the results of its annual Board of Directors (Board) election, held on October 5, 2017. Re-elected to the Board were John A. Griffith and Murray Stahl. Newly elected to the Board was Albert Cyrlin. All were elected to serve two-year terms. MGEX Chief…

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