Category: Financial Services

LME proposes requirements for the responsible sourcing of metal in listed brands
October 05, 2018 BY Valentina Kirilova

LME proposes requirements for the responsible sourcing of metal in listed brands

The London Metal Exchange (LME) has published a position paper detailing new proposed requirements for listed brands regarding the responsible sourcing of metals, which align with the principles set out by the Organisation for Economic Co-operation and Development’s (OECD) “Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas” (Guidance). LME…

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Cboe Global Markets
October 05, 2018 BY Valentina Kirilova

Cboe Global Markets releases September monthly trading volume

Cboe Global Markets, Inc. (Cboe: CBOE) has just reported September monthly trading volume and average revenue per contract (RPC)/net revenue capture data. For comparability and informational purposes, the table below presents trading volume on a combined basis, as of January 1, 2017, to reflect information pertaining to Bats Global Markets, Inc., which was acquired by…

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October 05, 2018 BY Valentina Kirilova

Luxembourg and Australia enter agreement on fintech and regtech

The Luxembourg Commission de Surveillance du Secteur Financier (CSSF) and the Australian Securities and Investments Commission (ASIC) have signed a Cooperation Agreement which provides a framework for cooperation to understand financial innovation in each jurisdiction. The Agreement provides a framework for information sharing between the two regulators on financial technology (fintech) and regulatory technology (regtech).…

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October 04, 2018 BY Valentina Kirilova

CFTC’s LabCFTC and ASIC’s Innovation Hub announce cooperation agreement

The U.S. Commodity Futures Trading Commission (CFTC) and the Australian Securities and Investments Commission (ASIC) have just informed that they have today signed an arrangement to cooperate and support innovation through each other’s financial technology (FinTech) initiatives – CFTC’s LabCFTC and ASIC’s Innovation Hub. The signing of this arrangement with ASIC advances our mutual interest…

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BME
October 04, 2018 BY Valentina Kirilova

BME forecasts 4% growth in revenues for the next three years

BME has just presented its three-year Strategic Plan to the market during its first Investor Day, aimed at diversifying its revenues, accelerating growth and maintaining shareholder profitability. New growth path supported by a solid management model, the strengthening of the business areas and inorganic growth The pillars of the new Plan are diversification and customer…

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New Broadridge portal automates and transforms the MBS Trade Assignment Process
October 04, 2018 BY Valentina Kirilova

FINCA International launches FINCA Forward fintech platform

FINCA International, in partnership with USAID's Partnering to Accelerate Entrepreneurship (PACE) Initiative, has announced the launch of FINCA Forward, an innovation platform facilitating collaboration between early-stage financial technology (fintech) enterprises and microfinance institutions supporting the world's poor. Through FINCA Forward, FINCA International embraces the vital role of small and growing fintech businesses in driving economic…

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acquisition
October 04, 2018 BY Valentina Kirilova

Intercontinental Exchange completes acquisition of MERS

Intercontinental Exchange, Inc. (NYSE:ICE) has announced it has acquired the remaining equity of MERSCORP Holding, Inc., owner of Mortgage Electronic Registrations Systems, Inc. (MERS). ICE has owned a majority equity interest in MERS since 2016. Price and terms of the transaction were not disclosed and will not be material to ICE’s earnings or have an…

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fca warning
October 04, 2018 BY Valentina Kirilova

FCA warns against WiseBanc 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 WiseBanc. WiseBanc is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which require authorisation:…

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October 04, 2018 BY Valentina Kirilova

Shanghai & New Zealand exchanges sign MoU

The Shanghai Stock Exchange (SSE) and New Zealand’s Exchange (NZX) have announced that they have signed a Memorandum of Understanding (MOU). The memorandum was drafted in recognition of the friendship and close economic relationship between New Zealand and the People’s Republic of China, and it is NZX’s desire to align with the ‘One Belt One…

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