LOU Accreditation Comes in Time for MiFID II Bloomberg, which made its fortune in market data, trading systems and news, is stepping into the Legal Entity Identifier (LEI) realm as an accredited Local Operating Unit (LOU) of the Global LEI System (GLEIS), officials say. The company has received “approval to issue and maintain” LEIs, and… Read More >>
ICBC Standard Bank to Streamline KYC Ops
London-based financial markets and commodities bank, ICBC Standard Bank, has selected Fenergo, a provider of know your customer (KYC) services, to meet global compliance requirements and to make improvements in operational efficiency, bank and officials say. In February 2015, the Industrial and Commercial Bank of China Ltd. (ICBC) acquired a controlling stake in Standard Bank’s… Read More >>
Fenergo Expands Operations to APAC
Fenergo, a Dublin, Ireland-headquartered provider of regulatory onboarding, entity data and client lifecycle management solutions for investment banks and capital market firms, has expanded into the Asia Pacific region, appointing Brett Hodge as regional head of sales and creating a local team based in Sydney, Australia. Hodge’s experience includes seven years as manager of Asia… Read More >>
