EU set to ban trading in Russian state bonds in new sanctions
The European Union is getting closer to agreeing sanctions on Russia that would ban trading on Russian state bonds amongst other things.
FinTech CEOs call on regulators to speed up Kalifa review reforms
More than 70 FinTech CEOs have called on regulators and the UK government to speed up the reforms of the Kalifa review for the FinTech sector in an open letter.
Fund Recs to automate EMIR reconciliations for AMX
Fund Recs, a no-code platform to manage data connectivity, will help Ireland’s The Asset Management Exchange (AMX) automate EMIR reconciliations as part of a new partnership.
Moorwand unveils suite of compliance services
Moorwand, a payments solutions provider, offering BIN sponsorship and issuing services, has launched a suite of payments compliance services.
MAS proposes extended regulatory clout over financial services in new bill
The Monetary Authority of Singapore (MAS) may gather more regulatory powers over Singapore’s financial services sector with the introduction of a new Bill this week.
UK financial regulators team to conduct payment systems review
Four financial regulators in the UK have a Memorandum of Understanding (MoU) that sets out the framework the authorities use to cooperate in relation to UK payment systems.
UK’s European Affairs Committee launches UK-EU financial services inquiry
The UK’s European Affairs Committee in the House of Lords has launched an inquiry into how the UK and EU’s relationship in the financial services sector.
Majority of Brits want government to focus on financial stability post-Brexit
Opinium has found 91% of UK citizens want the government to focus on the future stability of the financial system rather than to promote international competitiveness post-Brexit.
UK Treasury Committee calls for government action on fraud and scam surge
A new report by the UK’s Treasury Select Committee has called on the government to work harder to tackle the ‘growing fraud epidemic’ in the UK.
ESMA issues consultation on MIFID II suitability guidelines
The European Securities and Markets Authority (ESMA) has issued a consultation on aspects of suitability requirements under the Markets in Financial Instruments Directive (MiFID II).
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