Category: Financial Services

June 18, 2019 BY Valentina Kirilova

Zilliqa teams up with payments platform Xfers to drive efficiencies among Southeast Asian businesses

The public blockchain platform Zilliqa just informed that it has teamed up with Monetary Authority of Singapore (MAS)-approved Widely Accepted Stored Value Facility (WA SVF), Xfers. The partnership aims to explore the use of payment solutions powered by distributed ledger technology for over 500,000 users in Southeast Asia. Xfers facilitates digital financial inclusion for online…

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ASIC office
June 18, 2019 BY Valentina Kirilova

AFCA Rules change for legacy complaints approved by ASIC

Australian regulator ASIC informed today that it has approved changes to the Australian Financial Complaints Authority (AFCA) Rules which give effect to the AFCA authorisation condition introduced by Government on 19 February 2019. The Government requires AFCA to give expanded access to the AFCA scheme for consumers and small businesses that were harmed by financial…

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Shanghai-London Stock Connect launches today, FCA and CSRC appvore
June 17, 2019 BY Valentina Kirilova

Shanghai-London Stock Connect goes live, FCA and CSRC approve

The Financial Conduct Authority (FCA) and the China Securities Regulatory Commission (CSRC) have made it clear today that they both approve the Shanghai and London Stock Exchanges’ proposed new Shanghai-London Stock Connect. The Stock Connect scheme launches today and is a aims to encourage cross-border investment between the countries and provide investors and companies in…

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cftc fca regulation
June 14, 2019 BY Valentina Kirilova

FCA Executive Director speaks to cooperation efforts at New York forum

Regulators have a tough enough time policing their domestic jurisdictions, but with the complexities of global commerce, cyber threats proliferating across the globe, and shady virtual businesses evading the rule of law, the need for ample coordination and cooperation between national regulators is paramount. Due to this need, the United States Commodity Futures Trading Commission…

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eurex
June 13, 2019 BY Valentina Kirilova

Barclays joins EurexOTC Clear to support Eurex' expansion in the U.S.

Deutsche Börse announced earlier today that the transatlantic consumer and wholesale bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, Barclays (LON:BARC), has joined EurexOTC Clear to support Eurex in expanding its distribution network in the U.S. Barclays is now the first European bank to offer Eurex’s OTC…

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fca warning
June 13, 2019 BY Valentina Kirilova

FCA warns against Collier Consulting Group LLC firm

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 company Collier Consulting Group LLC. Collier Consulting Group LLC is not authorised by the FCA but has been targeting people in the UK and is also carrying…

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TMX Group
June 12, 2019 BY Valentina Kirilova

TMX Group announces a drop in TSX and TSXV May volumes

TMX Group has announced earlier this week its financing activity on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) for May 2019. TSX welcomed 14 new issuers in May 2019, compared with three in the previous month and 23 YoY. The new listings were 10 exchange traded funds, two life sciences companies, one mining…

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