‘Liquidity Alliance’ builds blockchain solution for cross-border collateral transfer
Four members of the ‘Liquidity Alliance’ (LA), an international group of central securities depositories (CSDs), are cooperating with Deutsche Börse to launch an initiative leveraging blockchain technology to ease cross-border mobilisation of security collateral. With the planned solution, The Canadian Depository for Securities Limited...
Singapore: Consumer Advisory on Investment Schemes Involving Digital Tokens (Including Virtual Currencies)
The Commercial Affairs Department (CAD) and the Monetary Authority of Singapore (MAS) have observed the emergence of initial coin (or token) offerings (ICOs), and other investment schemes involving digital tokens, in Singapore. Members of the public are advised to exercise due diligence to understand...
Loylogic and Coinify Partner to Offer First-ever Loyalty Currency Conversion into a Cryptocurrency
Loylogic Inc., the global leader in e-commerce and e-payment solutions for loyalty programs, and Coinify ApS, a leading blockchain payment service provider, announce a strategic and innovative global partnership. The new feature, which continues to offer millions of loyalty program members with unparalleled flexibility...
Avelacom Expands Ultrafast Connectivity Services To Access Australia’s Capital
Avelacom, a global provider of connectivity and IT infrastructure solutions, has launched a new point of presence (PoP) in the Australian Security Exchange’s (ASX) Australian Liquidity Centre (ALC), Australia’s only data centre dedicated to the financial markets community. The initiative is designed to meet...
ASIC Provides Guidance for Initial Coin Offerings
ASIC today released guidance to help issuers of initial coin offerings (ICOs) consider their legal obligations when offering coins or tokens.
ASIC Commissioner John Price said 'We want to ensure innovative firms understand the regulatory framework they may be operating under and ensure they meet any...
FMA Publishes First Peer-To-Peer/Crowdfunding Statistical Returns
The Financial Markets Authority (FMA) today published its first statistical report on peer-to-peer lending and crowdfunding in New Zealand.
The data shows $259.9 million is currently loaned to individuals and $29.5 million loaned to businesses through peer-to-peer lending in the year ending 30 June 2017.
A total of...
BaFin restricts CFD trading
The Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin) today issued a General Administrative Act pursuant to section 4b of the German Securities Trading Act (Wertpapierhandelsgesetz – WpHG). The General Administrative Act restricts the marketing, distribution and sale of financial contracts for difference (CFDs)....
Moscow Exchange launches weekly options
On 26 January 2017, Moscow Exchange will launch trading in weekly options on the RTS Index. The new instrument will complement MOEX`s monthly and quarterly options offering.
The contracts will become available for trading two weeks prior to their expiration. They will expire every Thursday...
FMA toughens approach to misuse of FSPR
The Financial Markets Authority’s report on the Financial Service Providers Register (FSPR) sets out its work to prevent the misuse of the FSPR between 2014 and 2017.
The FMA says it will target New Zealand directors of FSPR businesses who encourage or facilitate abuse of the FSPR....
BGC Partners Agrees to Acquire 100 Percent of Berkeley Point Financial LLC
BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners", "BGC", or the "Company"), a leading global brokerage company servicing the financial and real estate markets, today announced that it has agreed to acquire Berkeley Point Financial LLC.1 Berkeley Point is a leading commercial real estate finance company focused...
