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FCA allows Wirecard to resume operational activities

Last week the UK's top financial markets watchdog ordered Wirecard to freeze all of its regulated activities in the country. Now it has lifted the ban.

Derivative Path closes a $35m investment from FTV Capital

Derivative Path, a capital markets FinTech platform, has secured $35m in a growth equity funding, which was supplied by FTV Capital.

Immuta secures $40m in its funding round led by Intel Capital

Immuta, an automated data governance platform, has closed its latest funding round on $40m, with its goal of growing its position in the market.

Brazil’s central bank halts WhatsApp’s payment rollout

WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.

MAS boss warns against countries closing themselves off in the Covid-19 aftermath

As the Covid-19 pandemic risks intensifying the move away from globalisation and towards isolationism, the managing director of the Monetary Authority of Singapore (MAS) urged for more connectivity, not less.

Jack Ma’s Ant Financial Services is changing its name in an apparent bid to...

Chinese regulators have given Ant Financial Services permission to change its name to Ant Technology Group, according to the Wall Street Journal.

Wirecard’s CEO leaves company after search for missing €1.9bn hits a dead end

The Wirecard scandal sweeping across the European FinTech space intensified over the weekend with CEO Markus Braun leaving the company as the board says the missing €1.9bn ($2.1bn) "do not exist."

FinTech giant Wirecard in deep trouble after $2.1bn goes missing

German Wirecard saw its shares plunge by as much as 60% after the payment company revealed that €1.9bn ($2.1bn) was missing just as it was about to file its financial statements for 2019.

ESMA publishes draft amendment of the regulatory technical standards to the European Single Electronic...

The EU's securities markets regulator has published a draft amendment to the regulatory technical standards (RTS) on the European Single Electronic Format (ESEF).

FCA wants to ban mini-bond marketing permanently

The UK's top financial markets regulator has announced that it plans to make the ban on marketing of mini-bonds that it introduced in January permanent.
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