Sanjay Wadhwa, Deputy Director of the SEC’s Division of Enforcement and head of its Climate and ESG Task Force, said: Registered investment advisers and funds are increasingly offering and evaluating investments that employ ESG strategies or incorporate certain ESG criteria, in part to meet investor demand for such strategies and investments. Here, we allege that…
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The total trading volume on the Equity and Bond Market was RUB 1.45 trillion. The numbers dropped 67.2% YoY. Trading volume in RDRs, shares, and investment fund units increased by 57.4% YoY to RUB 1.02 trillion. Demand on the derivatives market on MOEX also decreased with 69.6% YoY to RUB 4.2 trillion. Money Market turnover…
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Additionally, post-trade revenue registered growth with 51.7% increase to €95.8 million, attributed to continued strong activity. Clearing revenue reached €31.9 million, up 87.2% as a result of a highly volatile environment and net treasury income of Euronext Clearing stood at €13.4 million. Custody and Settlement revenue came in at €63.9 million with a 38.6% rise…
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Liam Huxley, CEO, and founder of Cassini said: The opening of our Hong Kong office is a key element of our growth strategy and is especially well-timed to provide specialized support to the specific requirements of both current and future clients in the region. Our focus on growth in APAC is driven by the market’s…
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Additionally, the defendants misappropriated substantial amounts of the remaining customer funds by sending it to accounts in Alexandre’s name. He used the money to pay other customers in a Ponzi-like scheme, and for his personal expenses. He used client money to make payments to BMW, Mercedes Benz, and Saks Fifth Avenue. He also paid with…
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Paulette Rowe, CEO of Integrated and Ecommerce Solutions at Paysafe, said: Playtech is an exciting global gaming brand committed to offering its operators a frictionless payments experience. We’ve seen great success in the roll-out of our collaboration across multiple US state markets and are delighted to be extending this into the UK and Europe via…
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The “Share my screen” scam According to the FCA, the scammers are targeting people between the age of 18 and 70. The regulator explained that the scammers gain control of the victim’s computer with screen-sharing software in order to steal information or access the financial accounts. The potential victims are usually contacted “out of the…
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According to the report, the closed sales figure for the third quarter came in at $58 million, registering a jump of 33% from the $43 million in FY 2021. On year-to-date basis, closed sales rose by 42%. The diluted earning per share (EPS) increased to $1.49 by 6% from $1.40. Adjusted EPS in Q3 were…
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David Albertazzi, Director, Retail Banking & Payments at Aite-Novarica Group, said: The efficacy of financial technology providers is now gauged not just by the strength of their individual solutions, but by the breadth and openness of the ecosystems they provide – by how easy they make it for clients to tap into an array of…
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Eventus CEO Travis Schwab said: We’re incredibly honored that FTX.COM has placed its full confidence in our platform after experiencing first-hand its power and versatility for meeting compliance and regulatory goals. The exchange has made abundantly clear the importance of a fulsome trade surveillance program to its overall mission, and we’re particularly pleased that FTX…
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