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Tag Archives: COVID-19

MAS Launches S$1.75 Million FinTech Innovation Challenge for a Covid-Resilient and Greener Financial Sector

MAS

Singapore, 8 June 2020… The Monetary Authority of Singapore (MAS) announced today the launch of a S$1.75 million MAS Global FinTech Innovation Challenge. The competition will seek innovative solutions that can help financial institutions respond to two critical global challenges: COVID-19 and climate change.

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FMA warns financial adviser for advice to clients about COVID-19

FMA

The Financial Markets Authority (FMA) has issued a formal warning to a financial adviser who made recommendations to clients that they urgently move their investments to ‘low risk’ funds in the wake of COVID-19. The adviser failed to clarify that the advice may not be suitable for all clients.

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CFTC Unanimously Approves an Interim Final Rule and a Proposed Rule at May 28 Open Meeting

CFTC The Commodity Futures Trading Commission

Washington, D.C. — The Commodity Futures Trading Commission at its open meeting today unanimously approved an interim final rule to grant an extension of the compliance schedule for initial margin requirements for uncleared swaps in response to operational challenges certain entities are facing due to the COVID-19 (coronavirus) pandemic.

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Dramatic Rise of Cybersecurity Risks from COVID-19 Prompts Action Plan

COVID-19

COVID-19 has accelerated the global transition to a new reality of unprecedented digital dependency, heightened cyber risks and vulnerabilities Leaders and organizations are forced to digitally adapt their organizations faster than ever to remain relevant Five principles developed to help global leaders reinforce the cyber resilience and cybersecurity of their organizations in a context of rampant global change and uncertainty Find out more about the World Economic Forum’s work on cybersecurity

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Covid-19: France and Germany propose €500bn recovery fund

COVID-19

France and Germany are proposing a €500bn ($545bn; £448bn) European recovery fund to be distributed to EU countries worst affected by Covid-19.

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Forget toilet paper – everybody just wants to be paid

earlytrade

Earlytrade is Australia’s largest marketplace for early payment. The company was founded by Guy Saxelby and Piers Symons in 2016.

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