Category: Financial Services

IOSCO issues statement on liquidity risk management recommendations for investment funds
March 07, 2017 BY Valentina Kirilova

IOSCO finds little evidence of declining secondary corporate bond market liquidity

A report published today by the Board of the International Organization of Securities Commissions (IOSCO) has found no substantial evidence showing that liquidity in the secondary corporate bond markets between 2004 and 2015 has deteriorated markedly from historic norms for non-crisis periods. The report, titled Examination of Liquidity of the Secondary Corporate Bond Markets, presents…

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March 07, 2017 BY Valentina Kirilova

FCA warns against Loan and Go 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 firm Loan and Go. Loan and Go is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…

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STOXX Low Carbon products licensed to Italian bank IMI
March 07, 2017 BY Valentina Kirilova

STOXX licenses next generation of low carbon indices to Scandinavian asset owner

STOXX Ltd., the operator of Deutsche Boerse Group’s index business, and a global provider of innovative and tradable index concepts, today introduced the STOXX Climate Impact and STOXX Climate Awareness Indices. This next generation of low carbon indices incorporates the CDP climate change scoring methodology which evaluates companies based on their progress in the transition…

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March 07, 2017 BY Valentina Kirilova

OSC shares insights from Canada’s first Regulatory Hackathon

The Ontario Securities Commission (OSC) published a white paper and video to highlight key insights gained from RegHackTO, the first hackathon by a securities regulator in Canada. Held in November 2016, RegHackTO brought together more than 120 members of the Canadian fintech community who competed to find solutions to regulatory problems in four areas: RegTech,…

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March 06, 2017 BY Valentina Kirilova

FCA warns against Tide U Over clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Tide U Over. 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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March 06, 2017 BY Valentina Kirilova

FCA warns against Gem Loans / Jem Loans clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Gem Loans / Jem Loans. 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…

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March 06, 2017 BY Valentina Kirilova

Deutsche Börse taps the US commodity market

The commodity arm of Deutsche Börse Group, European Energy Exchange (EEX), announced that has reached an agreement in principle with the shareholders of Nodal Exchange Holdings, LLC – a US regulated futures exchange, headquartered in Virginia – on the purchase of all shares. Therewith Nodal Exchange will become part of Deutsche Börse Group. The acquisition…

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