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EU ECON Committee reject PRIIPS proposals


02 September 2016 Brussels
Reporter: Stephanie Palmer

The European Parliament’s Economic and Monetary Committee has voted for a revision of the proposed PRIIPS regulation, with one MEP saying the associated KID may be “misleading”...
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Huw van Steenis to join Schroders


01 September 2016 London
Reporter: Stephanie Palmer

Morgan Stanley managing director Huw van Steenis is set to join Schroders as global head of strategy and a member of the group management committee...
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LCH gains CCP approval in Hong Kong


01 September 2016 Hong Kong
Reporter: Drew Nicol

LCH has been authorised by the Hong Kong Securities and Futures Commission to provide automated trading services in Hong Kong via its SwapClear and ForexClear services...
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Another new face at Lombard Risk


01 September 2016 London
Reporter: Stephanie Palmer

Lombard Risk has hired Thomas Chevalier to the newly created position of business development manager for France, Belgium, Luxembourg, Spain, Portugal and Greece...
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FSB: members must improve OTC margin compliance


31 August 2016 Basel
Reporter: Drew Nicol

Around half of Financial Stability Board member jurisdictions need to “urgently take steps” to get back on track with their implementation of OTC margin requirements, according to the FSB...
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Currencycloud to offer easier euro payments


31 August 2016 London
Reporter: Stephanie Palmer

International payments solution Currencycloud is offering non-eurozone based clients euro-denominated bank accounts and direct access to European payments systems...
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Hitachi and BTMU in blockchain collaboration


31 August 2016 Tokyo
Reporter: Stephanie Palmer

The Bank of Tokyo-Mitsubishi UFJ (BTMU) has paired up with Hitachi to work on proof-of-concept testing for use of blockchain technology for digitising cheques in Singapore...
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FIMA: Data governance ‘vital’ for regulation


30 August 2016 London
Reporter: Stephanie Palmer

Data governance is ‘vital’, particularly with regards to risk management and regulation, according to a survey of data managers by FIMA and GoldenSource...
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China expansion for Custom House


30 August 2016 Shanghai
Reporter: Stephanie Palmer

Custom House Global Fund Services has expanded operations in China with a new office in Shanghai...