Maria Nikolova
LeapRate Analyst
April 27, 2016 BY Maria Nikolova

Gala Coral pays $1.2M over faults with AML, social responsibility controls

Failures to implement adequate anti-money laundering (AML) and social responsibility (SR) controls regarding a VIP customer, who stole money to fund his gambling, have cost Gala Coral £846,664 ($1.24 million). The UK Gambling Commission today posted a public statement regarding the case, saying there are lessons to be learned from it. Law enforcement agents notified…

Read more
April 27, 2016 BY Maria Nikolova

Moscow Exchange shareholders agree on dividend of RUB 16.82 billion for 2015

Moscow Exchange (MOEX), or Moskovskaya Birzha MMVB-RTS PAO(MCX:MOEX), the biggest Russian venue for trading FX, derivatives and stocks, held its Annual General Meeting of Shareholders (AGM) earlier today. Shareholders approved the company's annual report, financial statements and distribution of profit, including dividends for 2015. In tune with a recommendation by the Supervisory Board, shareholders voted…

Read more
April 27, 2016 BY Maria Nikolova

UK CMA refers ICE-Trayport merger to phase 2 investigation

The UK Competition and Markets Authority (CMA) today announces its decision that the merger of Intercontinental Exchange Inc (NYSE:ICE) and Trayport has resulted or may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom. As a result, the merger will be referred for a phase 2…

Read more
April 27, 2016 BY Maria Nikolova

Deutsche Boerse announces opening of FinTech hub in Frankfurt

Deutsche Boerse AG (ETR:DB1) today announces the opening of its FinTech hub in Frankfurt, making it one of the first major companies of the region to throw their weight behind the Hessian State Government's efforts to establish a FinTech cluster in Frankfurt. Four start-ups will be relocating into their new Frankfurt offices in the next…

Read more
April 27, 2016 BY Maria Nikolova

Japan's FSA establishes Panel of Experts on FinTech Start-ups

Japan's Financial Services Agency (FSA) announces today the establishment of a dedicated “Panel of Experts on FinTech Start-ups”. In its announcement, the securities regulator notes that advanced FinTech start-ups and venture capitalists have not necessarily emerged in Japan when compared with the situation in other advanced economies. The FSA adds that in order to promote…

Read more
April 27, 2016 BY Maria Nikolova

First Derivatives partners with Thomson Reuters for streaming analytics

First Derivatives plc (LON:FDP) has just announced a strategic partnership for the use of its Kx technology with Thomson Reuters Corp (NYSE:TRI) to power the latest version of their financial Data as a Service platform, Velocity Analytics. The agreement follows a comprehensive review of real-time and in-memory technologies by Thomson Reuters. Velocity Analytics combines real-time…

Read more