The Bank of England has cut the bank rate by 50 basis points to 0.25 percent from 0.75 percent in an emergency move to help UK businesses and households amid the disruption associated with COVID-19
Fines concerning AML, KYC and sanction violations for global financial institutions have topped $36 billion since the financial crisis, a 160 percent increase in the last 15 months
Fourteen trade associations including ISLA, ICMA and AFME have sent a joint letter to the EU requesting radical reforms to CSDR’s settlement regime to avoid a liquidity crisis in Septemeber
Anchorage, a San Francisco-based cryptocurrency custodian, has launched a new crypto-brokerage service for institutional investors, Anchorage Trading, and has also made its first acquisition
The London Stock Exchange Group has appointed Murray Roos as group director, capital markets and a member of the executive committee, effective 1 April 2020
Nomura has been awarded a license in Jersey for its Komainu crypto custody offering, the joint venture between Nomura, security specialist Ledger and investment house Global Advisors