Category: Financial Services

November 30, 2017 BY Valentina Kirilova

BoE and FCA launch next phase of Sterling Libor transition work

The Bank of England and the Financial Conduct Authority (FCA) announced the next phase of work with market participants on Libor transition. From January 2018, the market-led Working Group on Sterling Risk-Free Rates will have an extended mandate and broader participation. The Working Group’s new mandate will be to catalyse a broad-based transition to SONIA over…

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November 30, 2017 BY Valentina Kirilova

BaFin approves Deutsche Börse as ARM and APA

Germany financial regulator BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht / German Federal Financial Supervisory Authority) has determined that Deutsche Börse AG’s ARM (Approved Reporting Mechanism) and APA (Approved Publication Arrangement) services are compliant with all relevant MiFID II requirements. Based on this regulatory approval, Deutsche Börse’s Regulatory Reporting Hub (RRH) will offer ARM and APA services as…

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SGX announces trading volumes
November 30, 2017 BY Valentina Kirilova

SGX welcomes Cromwell European REIT to Mainboard

Singapore Exchange (SGX) informed that it has today welcomed Cromwell European REIT (CEREIT) to its Mainboard under the stock code “CNNU”. CEREIT is the first Singapore real estate investment trust that offers investors an opportunity to invest in a diversified Pan-European portfolio. Its initial public offering portfolio consists of 74 properties in or close to…

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Hong Kong SFC
November 30, 2017 BY Valentina Kirilova

SFC announces Investor ID for Northbound trading under Stock Connect

The Hong Kong Securities and Futures Commission (SFC) today announced that it has reached an agreement with the China Securities Regulatory Commission (CSRC) on proposals to introduce an investor identification regime for Northbound trading under Mainland-Hong Kong Stock Connect. To prepare the market, the Stock Exchange of Hong Kong (SEHK) will soon issue an information…

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clone firm FCA warning
November 30, 2017 BY Valentina Kirilova

FCA warns against ADN UK Finance clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm ADN UK Finance. 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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Euronext terminates Deutsche Borse services to Irish Stock Exchange, now Euronext Dublin
November 29, 2017 BY LeapRate Staff

Euronext acquires Irish Stock Exchange plc for €137 million

The very acquisitive financial markets operator Euronext NV (EPA:ENX) has announced the acquisition of 100% of The Irish Stock Exchange plc (“ISE”), for €137 million. ISE is Ireland’s incumbent stock exchange operator and a leading global debt and fund listing venue. ISE is currently owned by five Irish financial institutions, J&E Davy, Goodbody Stockbrokers, Investec Capital &…

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clone firm FCA warning
November 29, 2017 BY Valentina Kirilova

FCA warns against Michael Ullrich Hartmann clone firm

The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Michael Ullrich Hartmann. 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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