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Raymond Chung departs HSBC Securities Services after 24 years
27 November 2020 Hong Kong
Reporter: Maddie Saghir

Raymond Chung has left HSBC Securities Services Hong Kong after 24 years working in both securities services and asset management business lines

Central Bank of Iceland goes live with new interbank payment system
26 November 2020 Iceland
Reporter: Maddie Saghir

CBI and SIA have gone live with the new real-time gross settlement system (RTGS) and the new instant payment platform

ESMA releases shortlist for new chair
26 November 2020 Paris
Reporter: Drew Nicol

The finalists include Portugal's former minister of finance Maria-Luis Albuquerque, Carmine di Noia, commissioner for the Italian financial market regulator, and Verena Ross, ESMA's executive director

Sanne promotes Rubina Toorawa to Mauritius country head
26 November 2020 Mauritius
Reporter: Maddie Saghir

Sanne has promoted Rubina Toorawa from chief operating officer of Mauritius to the role of country head

EBA Clearing’s RT1 platform expands reach in Luxembourg
26 November 2020 Luxembourg
Reporter: Maddie Saghir

EBA Clearing’s RT1 platform has expanded its reach in Luxembourg with five new joiners including Banque et Caisse d’Epargne de l’Etat, Luxembourg and Banque Internationale à Luxembourg

FIS’ treasury management solution to power Lunar’s mobile-only digital bank
26 November 2020 UK
Reporter: Maddie Saghir

FIS’ cloud-based treasury and risk management solution has been selected by Lunar to enable its mobile-only digital bank to optimise liquidity and manage risk as it continues its expansion

Apex Group gains new mandate from real estate investor Valpre Capital
26 November 2020 London
Reporter: Maddie Saghir

The services Apex will provide include transfer agency, financial statements, regulatory reporting and AML services as well as depositary for the fund, delivered via the Apex and European Depositary Bank subsidiary

Worldline and Nets join the European Payments Initiative
26 November 2020 Germany
Reporter: Maddie Saghir

The European Payments Initiative (EPI) was launched by 16 major Eurozone banks in July this year

Payments and account services continue to be at the ‘core’ of bank’s value proposition
25 November 2020 Brussels
Reporter: Maddie Saghir

EBA and McKinsey & Company have published a joint white paper on the future of banks in payments, which shows payments and account services continue to be at the core of banks’ value proposition

Interoperability needed to move information ‘much more quickly and securely’
25 November 2020 US
Reporter: Maddie Saghir

Interoperability within the financial services industry can help in situations where we need to move around information much more quickly and securely, according to Sandra Ro, global blockchain business council CEO during an OECD panel

Vermeg launches collateral platform for SMEs ahead of UMR phase 5/6
25 November 2020 Holland
Reporter: Natalie Turner

Many of the organisations affected by the final phases of UMR have typically managed their collateral management process on spreadsheets and have historically been unaffected by the regulations

BCS Global Markets prime services hires new business development chief
24 November 2020 Russia
Reporter: Natalie Turner

BCS Global Markets, the investment banking division of BCS Financial Group, has appointed Grigoriy Kozin as its new head of business development for its prime services division